Renaissance Technologies LLC Decreases Position in J.Jill, Inc. (NYSE:JILL)

Renaissance Technologies LLC cut its stake in J.Jill, Inc. (NYSE:JILL - Free Report) by 4.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 464,500 shares of the specialty retailer's stock after selling 20,800 shares during the quarter. Renaissance Technologies LLC owned about 3.03% of J.Jill worth $12,829,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in JILL. Royce & Associates LP increased its position in shares of J.Jill by 36.4% during the fourth quarter. Royce & Associates LP now owns 576,031 shares of the specialty retailer's stock valued at $15,910,000 after acquiring an additional 153,568 shares in the last quarter. Franklin Resources Inc. lifted its holdings in J.Jill by 19.9% during the fourth quarter. Franklin Resources Inc. now owns 178,692 shares of the specialty retailer's stock valued at $4,935,000 after purchasing an additional 29,640 shares in the last quarter. Geode Capital Management LLC boosted its holdings in J.Jill by 3.0% in the 4th quarter. Geode Capital Management LLC now owns 144,970 shares of the specialty retailer's stock worth $4,005,000 after buying an additional 4,208 shares during the period. Bank of New York Mellon Corp grew its holdings in 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 buying an additional 69,511 shares in the last quarter. Finally, State Street Corp lifted its position in shares of J.Jill by 1.2% in the third quarter. State Street Corp now owns 106,388 shares of the specialty retailer's stock worth $2,632,000 after buying an additional 1,267 shares in the last quarter. Institutional investors own 40.71% of the company's stock.

J.Jill Trading Down 3.0 %

Shares of NYSE JILL traded down $0.45 during trading hours on Monday, reaching $14.58. The stock had a trading volume of 3,939 shares, compared to its average volume of 141,251. The business's fifty day moving average price is $19.96 and its two-hundred day moving average price is $24.04. The firm has a market cap of $222.83 million, a price-to-earnings ratio of 5.15 and a beta of 0.32. J.Jill, Inc. has a 52-week low of $14.57 and a 52-week high of $40.61. The company has a current ratio of 0.97, a quick ratio of 0.49 and a debt-to-equity ratio of 0.67.

J.Jill (NYSE:JILL - Get Free Report) last released its quarterly earnings data 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 firm had revenue of $94.75 million during the quarter, compared to the consensus estimate of $142.33 million. J.Jill had a return on equity of 71.30% and a net margin of 6.80%. Analysts expect that J.Jill, Inc. will post 3.36 EPS for the current fiscal year.

J.Jill Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 16th. Stockholders of record on Wednesday, April 2nd were given a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 2.19%. This is a positive change from J.Jill's previous quarterly dividend of $0.07. The ex-dividend date was Wednesday, April 2nd. J.Jill's payout ratio is presently 12.12%.

Analyst Upgrades and Downgrades

Separately, Telsey Advisory Group reissued a "market perform" rating and set a $31.00 price objective on shares of J.Jill in a research note on Wednesday, March 19th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $38.20.

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.