Stone Ridge Asset Management LLC Buys 4,772 Shares of J.Jill Inc (JILL)

Stone Ridge Asset Management LLC increased its position in shares of J.Jill Inc (NYSE:JILL) by 8.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 62,507 shares of the specialty retailer’s stock after acquiring an additional 4,772 shares during the period. Stone Ridge Asset Management LLC owned approximately 0.14% of J.Jill worth $333,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of JILL. First Trust Advisors LP boosted its position in J.Jill by 18.7% during the 4th quarter. First Trust Advisors LP now owns 25,236 shares of the specialty retailer’s stock valued at $135,000 after buying an additional 3,975 shares during the period. Northern Trust Corp raised its holdings in J.Jill by 3.7% in the 4th quarter. Northern Trust Corp now owns 165,427 shares of the specialty retailer’s stock worth $882,000 after purchasing an additional 5,832 shares in the last quarter. Rhumbline Advisers raised its holdings in J.Jill by 38.8% in the 4th quarter. Rhumbline Advisers now owns 23,810 shares of the specialty retailer’s stock worth $127,000 after purchasing an additional 6,650 shares in the last quarter. Geode Capital Management LLC raised its holdings in J.Jill by 5.7% in the 4th quarter. Geode Capital Management LLC now owns 153,468 shares of the specialty retailer’s stock worth $817,000 after purchasing an additional 8,231 shares in the last quarter. Finally, Prudential Financial Inc. raised its holdings in J.Jill by 1.5% in the 3rd quarter. Prudential Financial Inc. now owns 651,499 shares of the specialty retailer’s stock worth $4,026,000 after purchasing an additional 9,837 shares in the last quarter. 24.96% of the stock is currently owned by hedge funds and other institutional investors.

Several research analysts recently issued reports on the stock. TheStreet lowered shares of J.Jill from a “c” rating to a “d” rating in a research note on Thursday, April 11th. ValuEngine lowered shares of J.Jill from a “sell” rating to a “strong sell” rating in a research note on Saturday, April 13th. Finally, Zacks Investment Research lowered shares of J.Jill from a “buy” rating to a “hold” rating in a research note on Tuesday, March 12th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. J.Jill currently has a consensus rating of “Hold” and an average target price of $7.29.

Shares of NYSE JILL traded down $0.06 during trading on Friday, reaching $5.04. 516,000 shares of the company traded hands, compared to its average volume of 533,057. The company has a quick ratio of 0.95, a current ratio of 1.70 and a debt-to-equity ratio of 1.11. The company has a market cap of $221.34 million, a PE ratio of 7.00, a PEG ratio of 0.68 and a beta of 1.91. J.Jill Inc has a 52-week low of $4.54 and a 52-week high of $9.62.

J.Jill (NYSE:JILL) last announced its quarterly earnings results on Wednesday, March 6th. The specialty retailer reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.02. The firm had revenue of $170.90 million for the quarter, compared to the consensus estimate of $170.91 million. J.Jill had a net margin of 4.32% and a return on equity of 15.56%. The business’s quarterly revenue was down 9.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.13 EPS. As a group, equities research analysts anticipate that J.Jill Inc will post 0.69 EPS for the current fiscal year.

The firm also recently disclosed a special dividend, which was paid on Monday, April 1st. Investors of record on Tuesday, March 19th were issued a $1.15 dividend. The ex-dividend date was Monday, March 18th.

In other J.Jill news, insider David Biese sold 171,429 shares of J.Jill stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $6.85, for a total transaction of $1,174,288.65. Following the transaction, the insider now owns 362,329 shares of the company’s stock, valued at $2,481,953.65. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 9.10% of the stock is owned by insiders.

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About J.Jill

J.Jill, Inc operates as an Omni channel retailer women's apparel under the J.Jill brand name in the United States. The company offers knit and woven tops, bottoms, and dresses, as well as sweaters and outerwear; and complementary footwear and accessories, including scarves, jewelry, and hosiery for misses, petites, and women.

Further Reading: Hedge Funds Explained

Institutional Ownership by Quarter for J.Jill (NYSE:JILL)

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