Jane Street Group LLC Invests $256,000 in J.Jill, Inc. (NYSE:JILL)

Jane Street Group LLC acquired a new position in J.Jill, Inc. (NYSE:JILL) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 10,390 shares of the specialty retailer’s stock, valued at approximately $256,000. Jane Street Group LLC owned approximately 0.07% of J.Jill as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of JILL. Marshall Wace LLP raised its position in shares of J.Jill by 539.4% during the second quarter. Marshall Wace LLP now owns 304,273 shares of the specialty retailer’s stock worth $10,640,000 after purchasing an additional 256,687 shares during the period. Divisadero Street Capital Management LP acquired a new stake in J.Jill during the 2nd quarter worth about $7,120,000. Paradigm Capital Management Inc. NY lifted its stake in J.Jill by 109.3% during the second quarter. Paradigm Capital Management Inc. NY now owns 346,856 shares of the specialty retailer’s stock valued at $12,130,000 after buying an additional 181,116 shares in the last quarter. Royce & Associates LP lifted its stake in J.Jill by 39.3% during the third quarter. Royce & Associates LP now owns 422,463 shares of the specialty retailer’s stock valued at $10,422,000 after buying an additional 119,282 shares in the last quarter. Finally, Ghisallo Capital Management LLC acquired a new position in shares of J.Jill in the second quarter worth about $3,147,000. Institutional investors own 40.71% of the company’s stock.

J.Jill Stock Performance

NYSE:JILL opened at $27.47 on Friday. J.Jill, Inc. has a 1 year low of $23.06 and a 1 year high of $40.61. The firm’s fifty day simple moving average is $26.70 and its 200 day simple moving average is $29.19. The company has a current ratio of 0.97, a quick ratio of 0.44 and a debt-to-equity ratio of 0.67. The firm has a market capitalization of $421.39 million, a PE ratio of 9.71 and a beta of 0.69.

J.Jill Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date of this dividend was Thursday, December 26th. J.Jill’s dividend payout ratio (DPR) is presently 9.89%.

Analyst Ratings Changes

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

Insider Buying and Selling at J.Jill

In other news, CEO Claire Spofford sold 6,601 shares of the firm’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $28.75, for a total transaction of $189,778.75. Following the completion of the transaction, the chief executive officer now directly owns 161,812 shares of the company’s stock, valued at approximately $4,652,095. This trade represents a 3.92 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Mark W. Webb sold 6,740 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $28.54, for a total transaction of $192,359.60. Following the transaction, the chief financial officer now directly owns 97,188 shares of the company’s stock, valued at $2,773,745.52. The trade was a 6.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 18,341 shares of company stock valued at $517,038 in the last ninety days. Company insiders own 6.70% of the company’s stock.

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.