J.Jill, Inc. (NYSE:JILL) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. reduced its stake in J.Jill, Inc. (NYSE:JILL) by 54.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 35,243 shares of the specialty retailer’s stock after selling 42,605 shares during the period. JPMorgan Chase & Co. owned 0.23% of J.Jill worth $869,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of J.Jill during the 2nd quarter worth about $26,000. Meeder Asset Management Inc. raised its position in shares of J.Jill by 196.6% in the third quarter. Meeder Asset Management Inc. now owns 2,847 shares of the specialty retailer’s stock valued at $70,000 after purchasing an additional 1,887 shares during the period. Banque Cantonale Vaudoise lifted its stake 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 worth $155,000 after buying an additional 2,312 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of J.Jill during the 3rd quarter worth $256,000. Finally, Los Angeles Capital Management LLC grew its stake in J.Jill by 22.3% in the 3rd quarter. Los Angeles Capital Management LLC now owns 10,540 shares of the specialty retailer’s stock valued at $260,000 after buying an additional 1,920 shares during the last quarter. 40.71% of the stock is owned by institutional investors.

Insider Activity at J.Jill

In other J.Jill 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 sale, the chief financial officer now owns 97,188 shares of the company’s stock, valued at $2,773,745.52. This trade represents a 6.49 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Claire Spofford sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $26.57, for a total value of $132,850.00. Following the completion of the transaction, the chief executive officer now owns 132,205 shares of the company’s stock, valued at $3,512,686.85. The trade was a 3.64 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 28,341 shares of company stock valued at $781,538 over the last ninety days. 6.70% of the stock is owned by insiders.

J.Jill Stock Down 0.1 %

JILL opened at $27.77 on Friday. J.Jill, Inc. has a fifty-two week low of $23.06 and a fifty-two week high of $40.61. The company has a market capitalization of $426.05 million, a P/E ratio of 9.81 and a beta of 0.69. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.97 and a quick ratio of 0.49. The firm’s fifty day moving average price is $27.03 and its two-hundred day moving average price is $28.68.

J.Jill (NYSE:JILL) last issued its earnings results on Wednesday, December 11th. The specialty retailer reported $0.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.09. J.Jill had a return on equity of 71.30% and a net margin of 6.80%. On average, analysts anticipate that J.Jill, Inc. will post 3.36 EPS for the current year.

J.Jill Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were paid a $0.07 dividend. The ex-dividend date of this dividend was Thursday, December 26th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.01%. J.Jill’s dividend payout ratio (DPR) is presently 9.89%.

Analyst Upgrades and Downgrades

Separately, Telsey Advisory Group restated a “market perform” rating and set a $31.00 price target on shares of J.Jill in a report on Thursday, December 12th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $38.17.

About J.Jill

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.