Victory Capital Management Inc. Cuts Stock Holdings in J.Jill Inc (NYSE:JILL)

Victory Capital Management Inc. trimmed its holdings in shares of J.Jill Inc (NYSE:JILL) by 63.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,130 shares of the specialty retailer’s stock after selling 28,181 shares during the period. Victory Capital Management Inc.’s holdings in J.Jill were worth $32,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Strs Ohio boosted its holdings in shares of J.Jill by 7.5% during the second quarter. Strs Ohio now owns 91,700 shares of the specialty retailer’s stock worth $182,000 after purchasing an additional 6,400 shares during the period. Northern Trust Corp boosted its holdings in shares of J.Jill by 4.2% during the second quarter. Northern Trust Corp now owns 171,576 shares of the specialty retailer’s stock worth $341,000 after purchasing an additional 6,982 shares during the period. SG Americas Securities LLC purchased a new stake in shares of J.Jill during the first quarter worth about $55,000. Stone Ridge Asset Management LLC boosted its holdings in shares of J.Jill by 28.0% during the second quarter. Stone Ridge Asset Management LLC now owns 69,007 shares of the specialty retailer’s stock worth $137,000 after purchasing an additional 15,100 shares during the period. Finally, WINTON GROUP Ltd purchased a new stake in shares of J.Jill during the second quarter worth about $35,000. Institutional investors and hedge funds own 27.76% of the company’s stock.

A number of analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of J.Jill from a “hold” rating to a “buy” rating and set a $2.25 target price for the company in a report on Friday, September 6th. ValuEngine upgraded shares of J.Jill from a “strong sell” rating to a “sell” rating in a report on Wednesday, September 25th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $3.82.

JILL stock opened at $1.74 on Friday. J.Jill Inc has a 1 year low of $1.24 and a 1 year high of $7.51. The company has a market cap of $76.63 million, a P/E ratio of 2.42, a PEG ratio of 0.71 and a beta of 3.36. The firm has a 50-day moving average of $1.94 and a 200 day moving average of $2.92. The company has a debt-to-equity ratio of 6.20, a current ratio of 0.97 and a quick ratio of 0.45.

J.Jill (NYSE:JILL) last released its quarterly earnings results on Tuesday, August 27th. The specialty retailer reported ($0.05) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.09) by $0.04. J.Jill had a negative net margin of 11.90% and a positive return on equity of 6.55%. The company had revenue of $180.74 million during the quarter, compared to the consensus estimate of $178.65 million. During the same period in the prior year, the firm earned $0.24 earnings per share. J.Jill’s revenue was up .6% on a year-over-year basis. On average, equities research analysts expect that J.Jill Inc will post 0.22 earnings per share for the current fiscal year.

J.Jill Company Profile

J.Jill, Inc operates as an omnichannel retailer for 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.

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

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