J.Jill, Inc. $JILL Shares Sold by Divisadero Street Capital Management LP

Divisadero Street Capital Management LP cut its position in J.Jill, Inc. (NYSE:JILL) by 15.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 867,244 shares of the specialty retailer’s stock after selling 162,208 shares during the quarter. Divisadero Street Capital Management LP owned about 0.06% of J.Jill worth $14,873,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Royce & Associates LP lifted its holdings in J.Jill by 22.5% in the 3rd quarter. Royce & Associates LP now owns 1,204,103 shares of the specialty retailer’s stock worth $20,650,000 after buying an additional 221,218 shares in the last quarter. Paradigm Capital Management Inc. NY grew its stake in shares of J.Jill by 13.5% during the second quarter. Paradigm Capital Management Inc. NY now owns 1,057,300 shares of the specialty retailer’s stock valued at $15,479,000 after acquiring an additional 125,838 shares in the last quarter. Fund 1 Investments LLC increased its position in shares of J.Jill by 22.8% during the second quarter. Fund 1 Investments LLC now owns 936,248 shares of the specialty retailer’s stock worth $13,707,000 after acquiring an additional 173,785 shares during the last quarter. Franklin Resources Inc. lifted its stake in shares of J.Jill by 3.8% in the second quarter. Franklin Resources Inc. now owns 201,255 shares of the specialty retailer’s stock worth $2,946,000 after acquiring an additional 7,404 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of J.Jill by 11.9% in the second quarter. Geode Capital Management LLC now owns 175,286 shares of the specialty retailer’s stock worth $2,567,000 after acquiring an additional 18,576 shares in the last quarter. Hedge funds and other institutional investors own 40.71% of the company’s stock.

J.Jill Stock Down 0.8%

Shares of J.Jill stock opened at $15.32 on Monday. The stock has a market capitalization of $231.55 million, a price-to-earnings ratio of 7.00 and a beta of 0.92. J.Jill, Inc. has a twelve month low of $13.32 and a twelve month high of $22.24. The company has a current ratio of 1.15, a quick ratio of 0.64 and a debt-to-equity ratio of 0.55. The business’s 50 day simple moving average is $16.29 and its 200-day simple moving average is $15.92.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. BTIG Research lowered their price target on J.Jill from $26.00 to $21.00 and set a “buy” rating for the company in a report on Wednesday, December 10th. Wall Street Zen raised shares of J.Jill from a “hold” rating to a “buy” rating in a report on Saturday, January 10th. Zacks Research upgraded shares of J.Jill from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, February 9th. Telsey Advisory Group reissued a “market perform” rating and set a $16.00 target price on shares of J.Jill in a report on Tuesday, January 13th. Finally, Jefferies Financial Group set a $18.00 price target on shares of J.Jill in a report on Wednesday, December 10th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $18.00.

J.Jill Company Profile

J.Jill is a women’s apparel retailer specializing in modern, versatile clothing and accessories. The company designs and markets a range of products that emphasize comfort and style, including knitwear, woven tops, pants, dresses, outerwear, jewelry, and footwear. Through its in-house design team, J.Jill focuses on creating seasonal collections that appeal to women seeking effortless, mix-and-match wardrobes.

Products are sold through a multi-channel distribution network comprising company-operated boutiques, e-commerce platforms, and catalog sales.