Y Intercept Hong Kong Ltd Buys New Position in J.Jill, Inc. (NYSE:JILL)

Y Intercept Hong Kong Ltd bought a new stake in shares of J.Jill, Inc. (NYSE:JILL) during the 3rd quarter, HoldingsChannel reports. The institutional investor bought 24,574 shares of the specialty retailer’s stock, valued at approximately $606,000.

Several other institutional investors and hedge funds also recently made changes to their positions in JILL. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of J.Jill during the 2nd quarter valued at about $26,000. CWM LLC acquired a new position in J.Jill during the 2nd quarter worth approximately $29,000. Meeder Asset Management Inc. acquired a new position in J.Jill during the 2nd quarter worth approximately $34,000. Allspring Global Investments Holdings LLC acquired a new position in J.Jill during the 2nd quarter worth approximately $81,000. Finally, Banque Cantonale Vaudoise raised its stake in J.Jill by 58.4% during the 3rd quarter. Banque Cantonale Vaudoise now owns 6,272 shares of the specialty retailer’s stock worth $155,000 after buying an additional 2,312 shares during the period. Institutional investors own 40.71% of the company’s stock.

J.Jill Stock Performance

Shares of J.Jill stock opened at $26.63 on Friday. The company has a market cap of $401.58 million, a PE ratio of 9.41 and a beta of 0.64. J.Jill, Inc. has a 52 week low of $23.06 and a 52 week high of $40.61. The business has a 50 day moving average price of $25.71 and a 200-day moving average price of $30.32. The company has a quick ratio of 0.44, a current ratio of 0.89 and a debt-to-equity ratio of 0.76.

J.Jill Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th will be paid a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.05%. The ex-dividend date is Thursday, December 26th. J.Jill’s dividend payout ratio (DPR) is presently 9.89%.

Analysts Set New Price Targets

A number of research firms recently weighed in on JILL. Jefferies Financial Group dropped their price target on J.Jill from $44.00 to $40.00 and set a “buy” rating on the stock in a research note on Wednesday, September 4th. TD Cowen dropped their price target on J.Jill from $37.00 to $32.00 and set a “hold” rating on the stock in a research note on Thursday, September 5th. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and set a $31.00 price target on shares of J.Jill in a research note on Thursday. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $38.17.

Insider Transactions at J.Jill

In related news, CFO Mark W. Webb sold 6,740 shares of the stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $28.54, for a total transaction of $192,359.60. Following the completion of the sale, the chief financial officer now directly owns 97,188 shares of the company’s stock, valued at approximately $2,773,745.52. This trade represents a 6.49 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 6.70% 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.