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

Jane Street Group LLC purchased a new position in shares of J.Jill, Inc. (NYSE:JILL) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 10,390 shares of the specialty retailer’s stock, valued at approximately $256,000.

Several other institutional investors also recently modified their holdings of the business. Los Angeles Capital Management LLC acquired a new position in J.Jill during the second quarter valued at approximately $301,000. American Century Companies Inc. grew its holdings in J.Jill by 13.8% during the second quarter. American Century Companies Inc. now owns 7,676 shares of the specialty retailer’s stock valued at $268,000 after purchasing an additional 930 shares during the period. Meeder Asset Management Inc. acquired a new position in J.Jill during the second quarter valued at approximately $34,000. Dimensional Fund Advisors LP grew its holdings in J.Jill by 2.9% during the second quarter. Dimensional Fund Advisors LP now owns 191,023 shares of the specialty retailer’s stock valued at $6,679,000 after purchasing an additional 5,409 shares during the period. Finally, Renaissance Technologies LLC grew its holdings in J.Jill by 7.0% during the second quarter. Renaissance Technologies LLC now owns 480,056 shares of the specialty retailer’s stock valued at $16,788,000 after purchasing an additional 31,400 shares during the period. Institutional investors and hedge funds own 40.71% of the company’s stock.

J.Jill Stock Performance

Shares of JILL opened at $27.47 on Friday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.44 and a current ratio of 0.97. J.Jill, Inc. has a twelve month low of $23.06 and a twelve month high of $40.61. The firm’s 50 day moving average price is $26.70 and its two-hundred day moving average price is $29.19. The firm has a market cap of $421.39 million, a P/E ratio of 9.71 and a beta of 0.69.

J.Jill Dividend Announcement

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

Analyst Upgrades and Downgrades

Separately, Telsey Advisory Group restated a “market perform” rating and set a $31.00 price objective 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 MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $38.17.

Insider Buying and Selling at J.Jill

In other news, CFO Mark W. Webb sold 6,740 shares of the business’s stock in a transaction on Wednesday, December 4th. The shares were 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. The trade was a 6.49 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Claire Spofford sold 5,000 shares of the business’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $26.98, for a total transaction of $134,900.00. Following the completion of the sale, the chief executive officer now directly owns 151,812 shares in the company, valued at approximately $4,095,887.76. This represents a 3.19 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 18,341 shares of company stock valued at $517,038. 6.70% of the stock is currently owned by corporate insiders.

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.