American Century Companies Inc. increases stock position in J.Jill, Inc. (NYSE:JILL)

American Century Companies Inc. raised its holdings in shares of J.Jill, Inc. (NYSE:JILL – Free Report) by 13.8% during the second quarter, HoldingsChannel reports. The fund owned 7,676 shares of the specialty retailer’s stock after purchasing an additional 930 shares during the period. Holdings of American Century Companies Inc. holdings in J.Jill were worth $268,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Anchor Capital Advisors LLC purchased a new position in J.Jill in the second quarter worth $1,020,000. Los Angeles Capital Management LLC purchased a new position in J.Jill in the second quarter valued at $301,000. Privium Fund Management UK Ltd acquired a new position in J.Jill in the second quarter valued at $1,097,000. Ritholtz Wealth Management increased its holdings in J.Jill by 2.3% during the second quarter. Ritholtz Wealth Management now owns 13,664 shares of the specialty retailer’s stock worth $478,000 after acquiring an additional 312 shares during the period. Finally, Allspring Global Investments Holdings LLC acquired a new position in J.Jill in the second quarter worth $81,000. Institutional investors and hedge funds own 40.71% of the company’s shares.

Indoor activity

In other news, CFO Mark W. Webb sold 1,348 shares of the business’s stock in a transaction on Monday, August 5th. The stock was sold at an average price of $32.31, for a total value of $43,553.88. Following the sale, the chief financial officer now directly owns 107,808 shares in the company, valued at $3,483,276.48. This represents a 0.00 % decrease in ownership of the shares. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available on the SEC’s website. In related news, CFO Mark W. Webb sold 1,348 shares of the stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $32.31, for a total transaction of $43,553.88. Following the transaction, the chief financial officer now directly owns 107,808 shares in the company, valued at approximately $3,483,276.48. This represents a 0.00 % decrease in ownership of the shares. The transaction was disclosed in a filing with the SEC, which can be accessed via this hyperlink. Also, CEO Claire Spofford sold 10,000 shares of the stock in a transaction dated Tuesday, July 9th. The stock was sold at an average price of $33.76, for a total value of $337,600.00. Following the transaction, the chief executive officer now owns 204,961 shares in the company, valued at $6,919,483.36. This trade represents a decrease of 0.00 % in the stock holding. The disclosure for this sale can be found here. Insiders have sold 27,538 shares of company stock worth $947,187 in the last three months. 6.70% of shares are currently held by corporate insiders.

Analysts on Wall Street are forecasting an increase

JILL has been the subject of several recent analyst reports. Telsey Advisory Group reaffirmed a “market perform” rating and set a $38.00 price objective on shares of J.Jill in a report on Wednesday, September 4th. BTIG Research assumed coverage on J.Jill in a report on Wednesday, July 10th. They issued a “buy” rating and a $44.00 target price on the stock. TD Cowen cut their price target on J.Jill from $37.00 to $32.00 and set a “hold” rating on the stock in a report on Thursday, September 5th. Lake Street Capital upped their target price on J.Jill from $38.00 to $44.00 and gave the company a “buy” rating in a report on Monday, June 10th. Finally, Jefferies Financial Group cut their price target on J.Jill from $44.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, September 4th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, J.Jill presently has a consensus rating of “Moderate Buy” and a consensus price target of $39.33.

Read our latest report on JILL

J.Jill stock rises 2.0%

Shares of NYSE:JILL opened at $24.54 on Friday. The company has a quick ratio of 0.44, a current ratio of 0.89, and a debt-to-equity ratio of 0.76. J. Jill, Inc. it has a 52-week low of $23.06 and a 52-week high of $40.61. The stock’s fifty-day simple moving average is $30.50, and its 200-day simple moving average is $31.32. The company has a market cap of $263.76 million, a P/E ratio of 7.38 and a beta of 0.61.

J.Jill (NYSE:JILL – Get Your Free Report ) last issued its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $155.13 million. In the same period last year, the company earned $1.10 per share. As a group, equities research analysts forecast that J.Jill, Inc. will post 3.31 earnings per share for the current fiscal year.

J.Jill Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Wednesday, September 18th were given a $0.07 dividend. The ex-dividend date was Wednesday, September 18. This represents an annualized dividend of $0.28 and a dividend yield of 1.14%. J.Jill’s dividend payout ratio is currently 8.36%.

J.Jill Company Profile

(Free report)

J.Jill, Inc operates as an omnichannel women’s apparel retailer under the J.Jill brand in the United States. Offers clothing, footwear and accessories including scarves and jewellery. The company markets its products through retail stores, websites and catalogs. J.Jill, Inc was founded in 1959 and is headquartered in Quincy, Massachusetts.

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