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

Zacks Research cut shares of J.Jill (NYSE:JILL) from a strong-buy rating to a hold rating in a report released on Monday,Zacks.com reports.

A number of other equities analysts also recently commented on the company. TD Cowen reiterated a “hold” rating on shares of J.Jill in a research report on Wednesday, January 14th. Wall Street Zen upgraded J.Jill from a “hold” rating to a “buy” rating in a report on Saturday, January 10th. BTIG Research cut 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. Weiss Ratings reiterated a “sell (d+)” rating on shares of J.Jill in a report on Thursday, January 22nd. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $16.00 price objective on shares of J.Jill in a report on Tuesday, January 13th. Two equities 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 data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $18.00.

J.Jill Trading Down 2.4%

JILL opened at $15.52 on Monday. The firm has a market capitalization of $234.51 million, a price-to-earnings ratio of 7.09 and a beta of 0.92. The company’s 50 day simple moving average is $16.38 and its two-hundred day simple moving average is $15.91. J.Jill has a 1-year low of $13.32 and a 1-year high of $22.24. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.15 and a quick ratio of 0.64.

Hedge Funds Weigh In On J.Jill

Several large investors have recently modified their holdings of the business. BNP Paribas Financial Markets grew its holdings in shares of J.Jill by 83.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,483 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 673 shares during the period. State of Alaska Department of Revenue acquired a new stake in shares of J.Jill during the 4th quarter worth about $56,000. Wells Fargo & Company MN raised its holdings in J.Jill by 46.2% in the 4th 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 period. Quadrature Capital Ltd acquired a new position in J.Jill in the fourth quarter valued at about $150,000. Finally, Rhumbline Advisers lifted its position 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.