Renaissance Technologies LLC Sells 20,800 Shares of J.Jill, Inc. (NYSE:JILL)

Renaissance Technologies LLC lessened its stake in J.Jill, Inc. (NYSE:JILL - Free Report) by 4.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 464,500 shares of the specialty retailer's stock after selling 20,800 shares during the period. Renaissance Technologies LLC owned 3.03% of J.Jill worth $12,829,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Royce & Associates LP raised its stake in J.Jill by 36.4% during the 4th quarter. Royce & Associates LP now owns 576,031 shares of the specialty retailer's stock valued at $15,910,000 after purchasing an additional 153,568 shares during the period. Franklin Resources Inc. grew its holdings in shares of J.Jill by 19.9% during the fourth quarter. Franklin Resources Inc. now owns 178,692 shares of the specialty retailer's stock valued at $4,935,000 after buying an additional 29,640 shares in the last quarter. Geode Capital Management LLC raised its position in J.Jill by 3.0% during the fourth quarter. Geode Capital Management LLC now owns 144,970 shares of the specialty retailer's stock valued at $4,005,000 after buying an additional 4,208 shares during the period. Bank of New York Mellon Corp lifted its stake in J.Jill by 186.1% in the 4th quarter. Bank of New York Mellon Corp now owns 106,856 shares of the specialty retailer's stock worth $2,951,000 after acquiring an additional 69,511 shares in the last quarter. Finally, State Street Corp boosted its position in J.Jill by 1.2% during the 3rd quarter. State Street Corp now owns 106,388 shares of the specialty retailer's stock worth $2,632,000 after acquiring an additional 1,267 shares during the period. 40.71% of the stock is currently owned by institutional investors and hedge funds.

J.Jill Stock Up 0.7 %

NYSE JILL traded up $0.10 on Friday, reaching $15.02. The stock had a trading volume of 166,057 shares, compared to its average volume of 141,427. The business has a 50 day moving average price of $19.96 and a 200 day moving average price of $24.04. J.Jill, Inc. has a 1 year low of $14.57 and a 1 year high of $40.61. The company has a market capitalization of $229.55 million, a price-to-earnings ratio of 5.31 and a beta of 0.32. The company has a current ratio of 0.97, a quick ratio of 0.49 and a debt-to-equity ratio of 0.67.

J.Jill (NYSE:JILL - Get Free Report) last issued its quarterly earnings results on Wednesday, March 19th. The specialty retailer reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.10. J.Jill had a return on equity of 71.30% and a net margin of 6.80%. The company had revenue of $94.75 million for the quarter, compared to the consensus estimate of $142.33 million. On average, analysts forecast that J.Jill, Inc. will post 3.36 EPS for the current fiscal year.

J.Jill Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 16th. Stockholders of record on Wednesday, April 2nd were issued a $0.08 dividend. The ex-dividend date of this dividend was Wednesday, April 2nd. This is a boost from J.Jill's previous quarterly dividend of $0.07. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.13%. J.Jill's dividend payout ratio is presently 12.12%.

Analyst Ratings Changes

Separately, Telsey Advisory Group reiterated a "market perform" rating and issued a $31.00 target price on shares of J.Jill in a report on Wednesday, March 19th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $38.20.

J.Jill 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.