XTX Topco Ltd Acquires 2,585 Shares of J.Jill, Inc. (NYSE:JILL)

XTX Topco Ltd lifted its holdings in shares of J.Jill, Inc. (NYSE:JILL) by 40.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 8,926 shares of the specialty retailer’s stock after purchasing an additional 2,585 shares during the period. XTX Topco Ltd owned 0.08% of J.Jill worth $312,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Janney Montgomery Scott LLC lifted its stake in shares of J.Jill by 17.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 22,774 shares of the specialty retailer’s stock valued at $587,000 after acquiring an additional 3,448 shares during the period. CenterBook Partners LP acquired a new position in shares of J.Jill during the fourth quarter valued at $206,000. Quadrature Capital Ltd acquired a new position in shares of J.Jill during the fourth quarter valued at $350,000. Acadian Asset Management LLC acquired a new position in shares of J.Jill during the first quarter valued at $201,000. Finally, Hillsdale Investment Management Inc. lifted its stake in shares of J.Jill by 2,143.3% during the first quarter. Hillsdale Investment Management Inc. now owns 134,600 shares of the specialty retailer’s stock valued at $4,303,000 after acquiring an additional 128,600 shares during the period. Institutional investors own 40.71% of the company’s stock.

J.Jill Stock Up 2.4 %

Shares of J.Jill stock opened at $25.21 on Friday. J.Jill, Inc. has a 1 year low of $23.06 and a 1 year high of $40.61. The business has a 50-day moving average of $31.64 and a two-hundred day moving average of $31.37. The company has a market capitalization of $270.96 million, a P/E ratio of 7.53 and a beta of 0.61. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.89 and a quick ratio of 0.44.

J.Jill (NYSE:JILL) last announced its quarterly earnings results on Wednesday, September 4th. The specialty retailer reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.11. J.Jill had a return on equity of 90.61% and a net margin of 6.70%. The company had revenue of $155.24 million during the quarter, compared to the consensus estimate of $155.13 million. During the same period in the prior year, the company earned $1.10 earnings per share. As a group, equities analysts predict that J.Jill, Inc. will post 3.31 EPS for the current year.

J.Jill Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 2nd. Investors of record on Wednesday, September 18th will be issued a dividend of $0.07 per share. The ex-dividend date is Wednesday, September 18th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.11%. J.Jill’s payout ratio is presently 8.36%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on JILL shares. BTIG Research started coverage on J.Jill in a research note on Wednesday, July 10th. They set a “buy” rating and a $44.00 price target on the stock. TD Cowen cut their target price 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. Jefferies Financial Group cut their target price 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. Telsey Advisory Group reissued a “market perform” rating and issued a $38.00 target price on shares of J.Jill in a research note on Wednesday, September 4th. Finally, Lake Street Capital increased their target price on J.Jill from $38.00 to $44.00 and gave the company a “buy” rating in a research note on Monday, June 10th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $39.33.

Insider Buying and Selling

In related news, CFO Mark W. Webb sold 1,352 shares of the stock in a transaction dated Monday, July 8th. The stock was sold at an average price of $33.74, for a total transaction of $45,616.48. Following the completion of the transaction, the chief financial officer now directly owns 108,576 shares in the company, valued at $3,663,354.24. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In related news, CFO Mark W. Webb sold 1,352 shares of the stock in a transaction dated Monday, July 8th. The stock was sold at an average price of $33.74, for a total transaction of $45,616.48. Following the completion of the transaction, the chief financial officer now directly owns 108,576 shares in the company, valued at $3,663,354.24. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Mark W. Webb sold 1,348 shares of the stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $32.31, for a total value of $43,553.88. Following the transaction, the chief financial officer now owns 107,808 shares of the company’s stock, valued at $3,483,276.48. The disclosure for this sale can be found here. Over the last three months, insiders sold 27,538 shares of company stock worth $947,187. 6.70% of the stock is owned by corporate insiders.

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.