Charles Schwab Investment Management Inc. Acquires 17,966 Shares of J.Jill, Inc. $JILL

Key Points

• Charles Schwab Investment Management Inc. increased its stake in J.Jill, Inc. by 22.9% in Q1, owning 96,406 shares valued at approximately $1.88 million.
• J.Jill recently declared a quarterly dividend of $0.08 per share, with a dividend yield of 1.9% and a payout ratio of 14.29%.
• The company's stock, trading at $16.75, has a market cap of $255.94 million and a PE ratio of 7.48.

Charles Schwab Investment Management Inc. lifted its position in J.Jill, Inc. (NYSE:JILL - Free Report) by 22.9% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 96,406 shares of the specialty retailer's stock after buying an additional 17,966 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.63% of J.Jill worth $1,883,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. BNP Paribas Financial Markets bought a new stake in shares of J.Jill in the 4th quarter valued at approximately $29,000. Deutsche Bank AG boosted its position in J.Jill by 1,507.4% during the fourth quarter. Deutsche Bank AG now owns 1,736 shares of the specialty retailer's stock worth $48,000 after purchasing an additional 1,628 shares during the period. Wells Fargo & Company MN boosted its position in J.Jill by 51.2% during the fourth quarter. Wells Fargo & Company MN now owns 2,907 shares of the specialty retailer's stock worth $80,000 after purchasing an additional 985 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in J.Jill by 32.9% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,389 shares of the specialty retailer's stock worth $94,000 after purchasing an additional 839 shares during the period. Finally, MetLife Investment Management LLC boosted its position in J.Jill by 26.8% during the fourth quarter. MetLife Investment Management LLC now owns 3,466 shares of the specialty retailer's stock worth $96,000 after purchasing an additional 732 shares during the period. Institutional investors own 40.71% of the company's stock.

J.Jill Stock Performance

Shares of NYSE JILL traded up $0.74 during trading hours on Thursday, reaching $17.23. The stock had a trading volume of 43,307 shares, compared to its average volume of 109,672. The business's fifty day moving average is $15.84 and its two-hundred day moving average is $17.00. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.99 and a quick ratio of 0.50. The company has a market cap of $263.20 million, a price-to-earnings ratio of 7.69 and a beta of 0.75. J.Jill, Inc. has a twelve month low of $13.36 and a twelve month high of $30.40.

J.Jill (NYSE:JILL - Get Free Report) last issued its earnings results on Wednesday, September 3rd. The specialty retailer reported $0.81 EPS for the quarter, beating analysts' consensus estimates of $0.72 by $0.09. The business had revenue of $153.99 million during the quarter, compared to analyst estimates of $148.02 million. J.Jill had a return on equity of 46.94% and a net margin of 5.72%. As a group, research analysts expect that J.Jill, Inc. will post 3.36 EPS for the current year.

J.Jill Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Wednesday, September 17th will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Wednesday, September 17th. J.Jill's dividend payout ratio is presently 14.29%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on JILL. TD Cowen upped their target price on J.Jill from $16.00 to $17.00 and gave the stock a "hold" rating in a research report on Thursday. Jefferies Financial Group cut their price target on J.Jill from $22.00 to $20.00 and set a "buy" rating for the company in a report on Wednesday. Zacks Research upgraded J.Jill from a "strong sell" rating to a "hold" rating in a report on Friday, August 15th. BTIG Research set a $30.00 price target on J.Jill and gave the stock a "buy" rating in a report on Wednesday, June 11th. Finally, Telsey Advisory Group reiterated a "market perform" rating and set a $17.00 price target on shares of J.Jill in a report on Wednesday. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, J.Jill currently has an average rating of "Hold" and a consensus target price of $21.00.

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.