ClariVest Asset Management LLC Purchases 9,600 Shares of J.Jill Inc (JILL)

ClariVest Asset Management LLC boosted its position in J.Jill Inc (NYSE:JILL) by 12.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 86,800 shares of the specialty retailer’s stock after purchasing an additional 9,600 shares during the quarter. ClariVest Asset Management LLC’s holdings in J.Jill were worth $536,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in JILL. First Quadrant L P CA acquired a new position in J.Jill in the 2nd quarter valued at $102,000. First Trust Advisors LP acquired a new position in J.Jill in the 2nd quarter valued at $125,000. Rhumbline Advisers acquired a new position in J.Jill in the 2nd quarter valued at $160,000. Victory Capital Management Inc. raised its holdings in J.Jill by 145.2% in the 3rd quarter. Victory Capital Management Inc. now owns 28,087 shares of the specialty retailer’s stock valued at $174,000 after acquiring an additional 16,630 shares in the last quarter. Finally, Dimensional Fund Advisors LP acquired a new position in J.Jill in the 1st quarter valued at $133,000. Institutional investors and hedge funds own 23.33% of the company’s stock.

J.Jill stock opened at $5.46 on Friday. The company has a quick ratio of 0.98, a current ratio of 1.65 and a debt-to-equity ratio of 1.18. J.Jill Inc has a 52 week low of $4.17 and a 52 week high of $9.62. The firm has a market cap of $234.05 million, a PE ratio of 6.91, a price-to-earnings-growth ratio of 0.74 and a beta of 2.23.

J.Jill (NYSE:JILL) last posted its quarterly earnings results on Tuesday, August 21st. The specialty retailer reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.01. J.Jill had a return on equity of 18.90% and a net margin of 8.02%. The company had revenue of $179.70 million during the quarter, compared to analysts’ expectations of $178.46 million. During the same quarter in the previous year, the firm earned $0.29 EPS. J.Jill’s revenue was down .9% on a year-over-year basis. As a group, research analysts forecast that J.Jill Inc will post 0.67 EPS for the current year.

Several equities analysts have weighed in on the company. Cowen cut J.Jill from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 21st. Morgan Stanley dropped their price objective on J.Jill from $8.00 to $7.50 and set an “equal weight” rating for the company in a report on Wednesday, August 22nd. Deutsche Bank dropped their price objective on J.Jill from $10.00 to $9.00 and set a “buy” rating for the company in a report on Wednesday, August 22nd. Macquarie dropped their price objective on J.Jill from $7.00 to $6.00 and set a “neutral” rating for the company in a report on Wednesday, August 22nd. Finally, Zacks Investment Research cut J.Jill from a “buy” rating to a “hold” rating in a report on Wednesday, August 22nd. Two analysts have 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 presently has an average rating of “Hold” and a consensus price target of $7.31.

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J.Jill Company Profile

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.

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

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