J.Jill, Inc. (NYSE:JILL) Shares Purchased by Fund 1 Investments LLC

Fund 1 Investments LLC raised its stake in J.Jill, Inc. (NYSE:JILL - Free Report) by 48.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 298,429 shares of the specialty retailer's stock after purchasing an additional 96,982 shares during the quarter. J.Jill comprises approximately 0.7% of Fund 1 Investments LLC's holdings, making the stock its 26th biggest holding. Fund 1 Investments LLC owned approximately 1.95% of J.Jill worth $8,243,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in JILL. Royce & Associates LP boosted its holdings in shares of J.Jill by 36.4% in 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 last quarter. Divisadero Street Capital Management LP lifted its holdings in shares of J.Jill by 6.1% during the 4th quarter. Divisadero Street Capital Management LP now owns 1,592,886 shares of the specialty retailer's stock valued at $43,996,000 after acquiring an additional 91,545 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of J.Jill by 186.1% during the 4th quarter. Bank of New York Mellon Corp now owns 106,856 shares of the specialty retailer's stock valued at $2,951,000 after acquiring an additional 69,511 shares in the last quarter. Franklin Resources Inc. lifted its holdings in shares of J.Jill by 19.9% during the 4th quarter. Franklin Resources Inc. now owns 178,692 shares of the specialty retailer's stock valued at $4,935,000 after acquiring an additional 29,640 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of J.Jill by 8.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 235,802 shares of the specialty retailer's stock valued at $6,511,000 after acquiring an additional 18,061 shares in the last quarter. Institutional investors and hedge funds own 40.71% of the company's stock.

J.Jill Stock Up 0.6%

Shares of NYSE:JILL traded up $0.09 during midday trading on Friday, hitting $15.91. 76,555 shares of the company's stock traded hands, compared to its average volume of 143,405. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.49 and a current ratio of 0.97. The company has a market cap of $243.15 million, a PE ratio of 5.62 and a beta of 0.60. The firm's fifty day moving average price is $17.26 and its two-hundred day moving average price is $23.08. J.Jill, Inc. has a twelve month low of $14.37 and a twelve month high of $40.61.

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

J.Jill Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 16th. Shareholders of record on Wednesday, April 2nd were issued a $0.08 dividend. The ex-dividend date was Wednesday, April 2nd. This represents a $0.32 dividend on an annualized basis and a yield of 2.01%. This is a positive change from J.Jill's previous quarterly dividend of $0.07. J.Jill's payout ratio is currently 12.12%.

Wall Street Analysts Forecast Growth

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

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.