Segall Bryant & Hamill LLC Buys New Shares in J.Jill, Inc. (NYSE:JILL)

Segall Bryant & Hamill LLC bought a new position in shares of J.Jill, Inc. (NYSE:JILL - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 67,230 shares of the specialty retailer's stock, valued at approximately $1,313,000. Segall Bryant & Hamill LLC owned approximately 0.44% of J.Jill at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC grew its holdings in shares of J.Jill by 6.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 29,900 shares of the specialty retailer's stock valued at $584,000 after acquiring an additional 1,750 shares in the last quarter. Divisadero Street Capital Management LP grew its holdings in 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 worth $43,996,000 after purchasing an additional 91,545 shares during the period. Fund 1 Investments LLC grew its holdings in J.Jill by 48.1% during the fourth 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 during the period. Paradigm Capital Management Inc. NY grew its holdings in J.Jill by 45.0% during the fourth quarter. Paradigm Capital Management Inc. NY now owns 921,300 shares of the specialty retailer's stock worth $25,446,000 after purchasing an additional 285,715 shares during the period. Finally, Jefferies Financial Group Inc. bought a new position in J.Jill during the fourth quarter worth about $2,211,000. Institutional investors own 40.71% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on JILL. Telsey Advisory Group reiterated a "market perform" rating and set a $21.00 price target on shares of J.Jill in a report on Wednesday, June 11th. Jefferies Financial Group reduced their price target on J.Jill from $33.00 to $26.00 and set a "buy" rating for the company in a report on Wednesday, May 21st. Finally, BTIG Research set a $30.00 price objective on shares of J.Jill and gave the stock a "buy" rating in a research report on Wednesday, June 11th.

J.Jill Stock Performance

JILL stock traded up $0.90 during mid-day trading on Tuesday, hitting $16.21. 40,587 shares of the company were exchanged, compared to its average volume of 128,787. The business has a 50 day simple moving average of $15.58 and a 200-day simple moving average of $19.32. The company has a current ratio of 0.99, a quick ratio of 0.50 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $247.66 million, a PE ratio of 7.23 and a beta of 0.47. J.Jill, Inc. has a 1-year low of $13.36 and a 1-year high of $40.00.

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

J.Jill Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 9th. Investors of record on Wednesday, June 25th were paid a $0.08 dividend. The ex-dividend date was Wednesday, June 25th. This represents a $0.32 dividend on an annualized basis and a yield of 1.97%. J.Jill's dividend payout ratio (DPR) is 14.29%.

About J.Jill

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.