J.Jill’s (JILL) “Market Perform” Rating Reiterated at Telsey Advisory Group

Telsey Advisory Group reaffirmed their market perform rating on shares of J.Jill (NYSE:JILL) in a report published on Tuesday morning,Benzinga reports. The brokerage currently has a $16.00 price objective on the specialty retailer’s stock.

Several other brokerages have also recently commented on JILL. Zacks Research cut shares of J.Jill from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of J.Jill in a research report on Thursday, January 22nd. Wall Street Zen upgraded J.Jill from a “hold” rating to a “buy” rating in a research note on Saturday, January 10th. TD Cowen reiterated a “hold” rating on shares of J.Jill in a report on Wednesday, January 14th. Finally, BTIG Research lowered their target price on J.Jill from $26.00 to $21.00 and set a “buy” rating for the company in a research note on Wednesday, December 10th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $18.00.

J.Jill Trading Up 0.1%

Shares of JILL stock opened at $15.30 on Tuesday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.64 and a current ratio of 1.15. The stock has a market capitalization of $231.24 million, a P/E ratio of 6.99 and a beta of 0.92. The company has a 50 day moving average price of $16.32 and a 200 day moving average price of $15.84. J.Jill has a fifty-two week low of $13.32 and a fifty-two week high of $20.10.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in JILL. BNP Paribas Financial Markets increased its position in shares of 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 purchased a new stake in shares of J.Jill during the 4th quarter worth $56,000. Wells Fargo & Company MN grew its stake in shares of J.Jill by 46.2% during the fourth quarter. Wells Fargo & Company MN now owns 8,211 shares of the specialty retailer’s stock worth $113,000 after purchasing an additional 2,595 shares in the last quarter. Quadrature Capital Ltd acquired a new position in shares of J.Jill during the fourth quarter worth $150,000. Finally, Rhumbline Advisers increased its holdings in J.Jill by 11.7% in the first quarter. Rhumbline Advisers now owns 7,908 shares of the specialty retailer’s stock valued at $154,000 after buying an additional 829 shares during the last quarter. Institutional investors and hedge funds own 40.71% of the company’s stock.

About J.Jill

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.