J.Jill's (JILL) "Market Perform" Rating Reaffirmed at Telsey Advisory Group

Telsey Advisory Group reaffirmed their market perform rating on shares of J.Jill (NYSE:JILL - Free Report) in a report published on Thursday,Benzinga reports. They currently have a $21.00 price target on the specialty retailer's stock.

Separately, Jefferies Financial Group decreased their target price on J.Jill from $33.00 to $26.00 and set a "buy" rating for the company in a report on Wednesday, May 21st. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, J.Jill has an average rating of "Moderate Buy" and a consensus target price of $33.40.

J.Jill Stock Performance

NYSE:JILL traded up $0.52 during midday trading on Thursday, reaching $16.90. The stock had a trading volume of 95,400 shares, compared to its average volume of 143,627. J.Jill has a 12-month low of $14.37 and a 12-month high of $40.61. The stock has a market cap of $258.31 million, a P/E ratio of 5.97 and a beta of 0.60. The company has a quick ratio of 0.49, a current ratio of 0.97 and a debt-to-equity ratio of 0.67. The firm has a fifty day simple moving average of $16.14 and a two-hundred day simple moving average of $21.98.

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

J.Jill Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Wednesday, June 25th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Wednesday, June 25th. This represents a $0.32 annualized dividend and a yield of 1.89%. J.Jill's dividend payout ratio (DPR) is 12.12%.

Hedge Funds Weigh In On J.Jill

Several institutional investors have recently modified their holdings of the company. BNP Paribas Financial Markets bought a new position in J.Jill during the 4th quarter valued at $29,000. Russell Investments Group Ltd. acquired a new stake in J.Jill in the 1st quarter worth approximately $43,000. Deutsche Bank AG boosted its position in shares of J.Jill by 1,507.4% in the fourth quarter. Deutsche Bank AG now owns 1,736 shares of the specialty retailer's stock valued at $48,000 after acquiring an additional 1,628 shares during the period. Aster Capital Management DIFC Ltd acquired a new position in shares of J.Jill in the fourth quarter valued at $67,000. Finally, Wells Fargo & Company MN boosted its stake in J.Jill by 51.2% in the 4th quarter. Wells Fargo & Company MN now owns 2,907 shares of the specialty retailer's stock valued at $80,000 after buying an additional 985 shares in the last quarter. Institutional investors own 40.71% of the company's stock.

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.