CenterBook Partners LP Raises Stake in J.Jill, Inc. (NYSE:JILL)

CenterBook Partners LP boosted its position in J.Jill, Inc. (NYSE:JILL - Free Report) by 15.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 270,921 shares of the specialty retailer's stock after buying an additional 36,255 shares during the period. CenterBook Partners LP owned approximately 1.77% of J.Jill worth $5,291,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of JILL. Janney Montgomery Scott LLC boosted its stake in J.Jill by 6.2% during the first quarter. Janney Montgomery Scott LLC now owns 29,900 shares of the specialty retailer's stock worth $584,000 after acquiring an additional 1,750 shares in the last quarter. Divisadero Street Capital Management LP raised its holdings in shares of J.Jill by 6.1% during the fourth quarter. Divisadero Street Capital Management LP now owns 1,592,886 shares of the specialty retailer's stock valued at $43,996,000 after purchasing an additional 91,545 shares during the period. Fund 1 Investments LLC boosted its position in shares of J.Jill by 48.1% during the 4th quarter. Fund 1 Investments LLC now owns 298,429 shares of the specialty retailer's stock worth $8,243,000 after purchasing an additional 96,982 shares in the last quarter. Paradigm Capital Management Inc. NY grew its stake in shares of J.Jill by 45.0% in the 4th quarter. Paradigm Capital Management Inc. NY now owns 921,300 shares of the specialty retailer's stock valued at $25,446,000 after buying an additional 285,715 shares during the period. Finally, Jefferies Financial Group Inc. bought a new stake in J.Jill in the 4th quarter valued at about $2,211,000. Institutional investors own 40.71% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on JILL. Telsey Advisory Group reiterated a "market perform" rating and issued a $21.00 price target on shares of J.Jill in a report on Wednesday, June 11th. Jefferies Financial Group cut their target price on J.Jill from $33.00 to $26.00 and set a "buy" rating on the stock in a report on Wednesday, May 21st. Finally, BTIG Research set a $30.00 price target on shares of J.Jill and gave the company a "buy" rating in a research note on Wednesday, June 11th.

J.Jill Stock Up 2.1%

Shares of NYSE:JILL traded up $0.31 during mid-day trading on Wednesday, hitting $14.91. 92,612 shares of the company traded hands, compared to its average volume of 130,501. The stock has a 50-day moving average price of $15.61 and a two-hundred day moving average price of $19.59. J.Jill, Inc. has a 12-month low of $13.36 and a 12-month high of $40.00. The stock has a market cap of $227.87 million, a P/E ratio of 6.66 and a beta of 0.47. The company has a current ratio of 0.99, a quick ratio of 0.50 and a debt-to-equity ratio of 0.62.

J.Jill (NYSE:JILL - Get Free Report) last posted its quarterly earnings data on Wednesday, June 11th. The specialty retailer reported $0.88 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.88. The firm had revenue of $153.62 million for the quarter, compared to the consensus estimate of $156.90 million. J.Jill had a net margin of 5.72% and a return on equity of 46.94%. During the same period in the previous year, the firm earned $1.22 EPS. On average, equities research analysts forecast that J.Jill, Inc. will post 3.36 earnings per share for the current year.

J.Jill Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 9th. Stockholders of record on Wednesday, June 25th were issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 2.15%. The ex-dividend date of this dividend was Wednesday, June 25th. J.Jill's dividend payout ratio is presently 14.29%.

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.