J.Jill (NYSE:JILL) Rating Lowered to “Hold” at Zacks Research

J.Jill (NYSE:JILL) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

A number of other analysts have also commented on the stock. Telsey Advisory Group reissued a “market perform” rating and issued a $16.00 price objective on shares of J.Jill in a research report on Tuesday, January 13th. Weiss Ratings restated a “sell (d+)” rating on shares of J.Jill in a research note on Thursday, January 22nd. Jefferies Financial Group set a $18.00 target price on J.Jill in a research report on Wednesday, December 10th. TD Cowen reiterated a “hold” rating on shares of J.Jill in a report on Wednesday, January 14th. Finally, BTIG Research reduced their price target on J.Jill from $26.00 to $21.00 and set a “buy” rating for the company in a research report on Wednesday, December 10th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $18.00.

J.Jill Stock Down 2.4%

NYSE:JILL opened at $15.52 on Monday. The stock has a 50-day simple moving average of $16.38 and a 200 day simple moving average of $15.91. J.Jill has a 52-week low of $13.32 and a 52-week high of $22.24. The company has a market cap of $234.51 million, a PE ratio of 7.09 and a beta of 0.92. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.64 and a current ratio of 1.15.

Institutional Investors Weigh In On J.Jill

A number of institutional investors and hedge funds have recently modified their holdings of JILL. BNP Paribas Financial Markets lifted its stake in J.Jill by 83.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,483 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 673 shares during the last quarter. State of Alaska Department of Revenue bought a new stake in J.Jill in the fourth quarter valued at approximately $56,000. Wells Fargo & Company MN lifted its position in shares of J.Jill by 46.2% in the fourth quarter. Wells Fargo & Company MN now owns 8,211 shares of the specialty retailer’s stock valued at $113,000 after buying an additional 2,595 shares during the last quarter. Quadrature Capital Ltd acquired a new stake in shares of J.Jill in the fourth quarter valued at approximately $150,000. Finally, Rhumbline Advisers boosted its stake in shares of J.Jill by 11.7% during the 1st quarter. Rhumbline Advisers now owns 7,908 shares of the specialty retailer’s stock worth $154,000 after acquiring an additional 829 shares during the period. 40.71% of the stock is owned by institutional investors.

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.