Barclays PLC Increases Stock Position in J.Jill, Inc. (NYSE:JILL)

Barclays PLC grew its stake in shares of J.Jill, Inc. (NYSE:JILL) by 76.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,363 shares of the specialty retailer’s stock after acquiring an additional 6,202 shares during the quarter. Barclays PLC owned about 0.10% of J.Jill worth $355,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in JILL. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of J.Jill in the 2nd quarter worth approximately $26,000. Meeder Asset Management Inc. purchased a new stake in J.Jill during the 2nd quarter valued at approximately $34,000. Allspring Global Investments Holdings LLC purchased a new position in shares of J.Jill in the second quarter valued at $81,000. Banque Cantonale Vaudoise grew its holdings in shares of J.Jill by 58.4% in the third quarter. Banque Cantonale Vaudoise now owns 6,272 shares of the specialty retailer’s stock valued at $155,000 after purchasing an additional 2,312 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of J.Jill in the third quarter valued at $256,000. Hedge funds and other institutional investors own 40.71% of the company’s stock.

J.Jill Stock Up 3.6 %

NYSE:JILL opened at $28.19 on Friday. J.Jill, Inc. has a twelve month low of $23.06 and a twelve month high of $40.61. The company has a market cap of $432.43 million, a price-to-earnings ratio of 9.96 and a beta of 0.69. The stock has a fifty day simple moving average of $26.41 and a 200-day simple moving average of $29.43. The company has a current ratio of 0.97, a quick ratio of 0.44 and a debt-to-equity ratio of 0.67.

J.Jill Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th will be given a dividend of $0.07 per share. The ex-dividend date is Thursday, December 26th. This represents a $0.28 annualized dividend and a dividend yield of 0.99%. J.Jill’s dividend payout ratio (DPR) is 9.89%.

Analyst Upgrades and Downgrades

Separately, Telsey Advisory Group reaffirmed a “market perform” rating and set a $31.00 price objective on shares of J.Jill in a research note on Thursday, December 12th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, J.Jill has a consensus rating of “Moderate Buy” and a consensus target price of $38.17.

Insider Transactions at J.Jill

In related news, CFO Mark W. Webb sold 6,740 shares of J.Jill stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $28.54, for a total value of $192,359.60. Following the completion of the sale, the chief financial officer now directly owns 97,188 shares in the company, valued at $2,773,745.52. The trade was a 6.49 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Claire Spofford sold 5,000 shares of J.Jill stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $26.98, for a total value of $134,900.00. Following the completion of the sale, the chief executive officer now owns 151,812 shares of the company’s stock, valued at $4,095,887.76. The trade was a 3.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 18,341 shares of company stock worth $517,038. 6.70% of the stock is currently owned by 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.