203,598 Shares in J.Jill, Inc. (NYSE:JILL) Acquired by Divisadero Street Capital Management LP

Divisadero Street Capital Management LP acquired a new position in shares of J.Jill, Inc. (NYSE:JILL - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 203,598 shares of the specialty retailer's stock, valued at approximately $7,120,000. J.Jill comprises about 1.1% of Divisadero Street Capital Management LP's holdings, making the stock its 25th biggest holding. Divisadero Street Capital Management LP owned approximately 1.89% of J.Jill as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Renaissance Technologies LLC increased its holdings in shares of J.Jill by 7.0% in the second quarter. Renaissance Technologies LLC now owns 480,056 shares of the specialty retailer's stock worth $16,788,000 after acquiring an additional 31,400 shares in the last quarter. Dimensional Fund Advisors LP grew its position in J.Jill by 2.9% in the second quarter. Dimensional Fund Advisors LP now owns 191,023 shares of the specialty retailer's stock valued at $6,679,000 after purchasing an additional 5,409 shares in the last quarter. Hillsdale Investment Management Inc. increased its stake in J.Jill by 2,143.3% in the 1st quarter. Hillsdale Investment Management Inc. now owns 134,600 shares of the specialty retailer's stock valued at $4,303,000 after buying an additional 128,600 shares during the last quarter. Resolute Capital Asset Partners LLC acquired a new position in J.Jill during the second quarter valued at approximately $1,749,000. Finally, Privium Fund Management UK Ltd acquired a new position in J.Jill during the second quarter worth $1,097,000. 40.71% of the stock is owned by institutional investors and hedge funds.

J.Jill Trading Down 1.5 %

NYSE:JILL traded down $0.39 during trading hours on Friday, hitting $25.17. 291,031 shares of the company were exchanged, compared to its average volume of 137,445. The company has a current ratio of 0.89, a quick ratio of 0.44 and a debt-to-equity ratio of 0.76. The company has a fifty day simple moving average of $33.25 and a 200 day simple moving average of $31.38. J.Jill, Inc. has a one year low of $23.06 and a one year high of $40.61. The stock has a market capitalization of $270.47 million, a price-to-earnings ratio of 7.60 and a beta of 0.61.

J.Jill (NYSE:JILL - Get Free Report) last announced its quarterly earnings data on Wednesday, September 4th. The specialty retailer reported $1.05 EPS for the quarter, topping the consensus estimate of $0.94 by $0.11. The company had revenue of $155.24 million during the quarter, compared to the consensus estimate of $155.13 million. J.Jill had a net margin of 6.70% and a return on equity of 90.61%. During the same quarter last year, the firm posted $1.10 EPS. Sell-side analysts expect that J.Jill, Inc. will post 3.31 EPS for the current fiscal year.

J.Jill Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 2nd. Investors of record on Wednesday, September 18th will be issued a $0.07 dividend. The ex-dividend date is Wednesday, September 18th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.11%. J.Jill's dividend payout ratio (DPR) is presently 8.36%.

Insider Activity

In other J.Jill news, CFO Mark W. Webb sold 1,352 shares of the firm's stock in a transaction dated Monday, July 8th. The stock was sold at an average price of $33.74, for a total value of $45,616.48. Following the sale, the chief financial officer now owns 108,576 shares of the company's stock, valued at approximately $3,663,354.24. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other J.Jill news, CFO Mark W. Webb sold 1,348 shares of the stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $27.10, for a total value of $36,530.80. Following the completion of the transaction, the chief financial officer now owns 105,112 shares in the company, valued at $2,848,535.20. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Mark W. Webb sold 1,352 shares of the stock in a transaction dated Monday, July 8th. The stock was sold at an average price of $33.74, for a total transaction of $45,616.48. Following the completion of the transaction, the chief financial officer now owns 108,576 shares of the company's stock, valued at $3,663,354.24. The disclosure for this sale can be found here. Insiders have sold 27,538 shares of company stock valued at $947,187 in the last 90 days. Insiders own 6.70% of the company's stock.

Analyst Upgrades and Downgrades

JILL has been the subject of a number of analyst reports. Jefferies Financial Group decreased their price objective on shares of J.Jill from $44.00 to $40.00 and set a "buy" rating for the company in a research report on Wednesday, September 4th. Telsey Advisory Group reissued a "market perform" rating and issued a $38.00 price target on shares of J.Jill in a report on Wednesday, September 4th. Lake Street Capital increased their price objective on J.Jill from $38.00 to $44.00 and gave the stock a "buy" rating in a research report on Monday, June 10th. BTIG Research assumed coverage on shares of J.Jill in a research report on Wednesday, July 10th. They set a "buy" rating and a $44.00 target price on the stock. Finally, TD Cowen lowered their price objective on J.Jill from $37.00 to $32.00 and set a "hold" rating on the stock in a research note on Thursday, September 5th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $39.33.

J.Jill Company Profile

J.Jill, Inc operates as an omnichannel retailer for women's apparel under the J.Jill brand in the United States. It offers apparel, footwear, and accessories, including scarves and jewelry. The company markets its products through retail stores, website, and catalogs. J.Jill, Inc was founded in 1959 and is headquartered in Quincy, Massachusetts.