Hillsdale Investment Management Inc. Sells 800 Shares of J.Jill, Inc. (NYSE:JILL)

Hillsdale Investment Management Inc. trimmed its stake in shares of J.Jill, Inc. (NYSE:JILL) by 12.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,500 shares of the specialty retailer’s stock after selling 800 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in J.Jill were worth $152,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Rhumbline Advisers boosted its stake in J.Jill by 15.5% in the 4th quarter. Rhumbline Advisers now owns 7,079 shares of the specialty retailer’s stock valued at $196,000 after purchasing an additional 950 shares during the period. State Street Corp grew its stake in shares of J.Jill by 1.2% in the third quarter. State Street Corp now owns 106,388 shares of the specialty retailer’s stock valued at $2,632,000 after acquiring an additional 1,267 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of J.Jill by 1.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 78,440 shares of the specialty retailer’s stock valued at $2,167,000 after acquiring an additional 1,296 shares in the last quarter. American Century Companies Inc. increased its position in J.Jill by 14.7% during the fourth quarter. American Century Companies Inc. now owns 12,267 shares of the specialty retailer’s stock worth $339,000 after acquiring an additional 1,575 shares during the period. Finally, Anchor Capital Advisors LLC raised its stake in J.Jill by 6.1% in the 4th quarter. Anchor Capital Advisors LLC now owns 54,119 shares of the specialty retailer’s stock worth $1,495,000 after purchasing an additional 3,090 shares in the last quarter. 40.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Telsey Advisory Group reaffirmed a “market perform” rating and set a $31.00 target price on shares of J.Jill in a report on Wednesday, March 19th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, J.Jill currently has an average rating of “Moderate Buy” and an average price target of $38.20.

J.Jill Stock Up 5.8 %

JILL stock opened at $19.05 on Tuesday. The company has a market cap of $292.15 million, a PE ratio of 6.73 and a beta of 0.55. The company has a quick ratio of 0.49, a current ratio of 0.97 and a debt-to-equity ratio of 0.67. J.Jill, Inc. has a 52 week low of $17.31 and a 52 week high of $40.61. The business has a 50-day simple moving average of $24.03 and a 200 day simple moving average of $25.18.

J.Jill (NYSE:JILL) last issued its quarterly earnings results on Wednesday, March 19th. The specialty retailer reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.10. The company had revenue of $94.75 million during the quarter, compared to the consensus estimate of $142.33 million. J.Jill had a net margin of 6.80% and a return on equity of 71.30%. Sell-side analysts anticipate that J.Jill, Inc. will post 3.36 EPS for the current fiscal year.

J.Jill Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 16th. Stockholders of record on Wednesday, April 2nd will be paid a $0.08 dividend. This is a positive change from J.Jill’s previous quarterly dividend of $0.07. The ex-dividend date is Wednesday, April 2nd. This represents a $0.32 annualized dividend and a dividend yield of 1.68%. J.Jill’s dividend payout ratio (DPR) is presently 12.12%.

Insider Transactions at J.Jill

In related news, CEO Claire Spofford sold 5,000 shares of J.Jill stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $26.57, for a total transaction of $132,850.00. Following the sale, the chief executive officer now directly owns 132,205 shares of the company’s stock, valued at approximately $3,512,686.85. The trade was a 3.64 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 6.70% of the stock is 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.