37,532 Shares in J.Jill Inc (JILL) Acquired by Schwab Charles Investment Management Inc.
Schwab Charles Investment Management Inc. acquired a new position in J.Jill Inc (NASDAQ:JILL) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 37,532 shares of the specialty retailer’s stock, valued at approximately $462,000. Schwab Charles Investment Management Inc. owned 0.09% of J.Jill as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds also recently made changes to their positions in the company. Goldman Sachs Group Inc. bought a new stake in shares of J.Jill in the first quarter valued at approximately $1,445,000. Lebenthal Lisanti Capital Growth LLC raised its position in shares of J.Jill by 39.2% in the second quarter. Lebenthal Lisanti Capital Growth LLC now owns 76,906 shares of the specialty retailer’s stock valued at $945,000 after purchasing an additional 21,666 shares during the period. Hellman Jordan Management Co. Inc. MA bought a new stake in shares of J.Jill in the second quarter valued at approximately $189,000. Spark Investment Management LLC raised its position in shares of J.Jill by 136.5% in the second quarter. Spark Investment Management LLC now owns 508,400 shares of the specialty retailer’s stock valued at $6,248,000 after purchasing an additional 293,408 shares during the period. Finally, California Public Employees Retirement System bought a new stake in shares of J.Jill in the first quarter valued at approximately $705,000.
Shares of J.Jill Inc (NASDAQ JILL) opened at $5.07 on Monday. J.Jill Inc has a 12 month low of $4.74 and a 12 month high of $14.40.
J.Jill (NASDAQ:JILL) last posted its quarterly earnings results on Tuesday, August 29th. The specialty retailer reported $0.29 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.29. J.Jill had a net margin of 6.61% and a return on equity of 35.03%. The company had revenue of $181.40 million during the quarter, compared to analyst estimates of $179.02 million. J.Jill’s quarterly revenue was up 9.9% compared to the same quarter last year.
Several equities analysts recently commented on the stock. Zacks Investment Research cut shares of J.Jill from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. Morgan Stanley cut shares of J.Jill from an “overweight” rating to an “equal weight” rating in a research note on Thursday, October 12th. Royal Bank Of Canada cut shares of J.Jill from an “outperform” rating to a “sector perform” rating in a research note on Thursday, October 12th. SunTrust Banks, Inc. cut shares of J.Jill from a “buy” rating to a “hold” rating in a research note on Thursday, October 12th. Finally, Jefferies Group LLC set a $13.00 price target on shares of J.Jill and gave the stock a “buy” rating in a research note on Thursday, October 12th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $15.00.
In other news, Director Michael A. Eck purchased 10,000 shares of the stock in a transaction that occurred on Thursday, August 31st. The stock was bought at an average cost of $9.92 per share, for a total transaction of $99,200.00. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
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J.Jill, Inc (J.Jill) operates as a specialty retailer in the women’s apparel industry. J.Jill is a women’s apparel brand focused on customer in the 40-65 age segment. The Company operates an integrated omni-channel platform that is diversified across its retail stores, Website and catalogs. It operates in the retail and direct channels segment.
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