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

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

Several other equities research analysts also recently issued reports on the stock. Jefferies Financial Group set a $18.00 price objective on shares of J.Jill in a research report on Wednesday, December 10th. Wall Street Zen raised J.Jill from a “hold” rating to a “buy” rating in a research report on Saturday, January 10th. TD Cowen reissued a “hold” rating on shares of J.Jill in a report on Wednesday, January 14th. Telsey Advisory Group restated a “market perform” rating and issued a $16.00 price target on shares of J.Jill in a research note on Tuesday, January 13th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of J.Jill in a report on Thursday, January 22nd. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, J.Jill presently has an average rating of “Hold” and a consensus target price of $18.00.

J.Jill Stock Performance

NYSE JILL opened at $15.52 on Monday. The stock 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. The firm has a 50-day moving average of $16.38 and a 200-day moving average of $15.91. J.Jill has a 52-week low of $13.32 and a 52-week high of $22.24.

Institutional Investors Weigh In On J.Jill

A number of hedge funds and other institutional investors have recently made changes to their positions in JILL. BNP Paribas Financial Markets boosted its stake in shares of J.Jill by 83.1% in the third quarter. BNP Paribas Financial Markets now owns 1,483 shares of the specialty retailer’s stock valued at $25,000 after buying an additional 673 shares during the period. State of Alaska Department of Revenue acquired a new stake in J.Jill during the fourth quarter worth approximately $56,000. Wells Fargo & Company MN increased its stake in J.Jill by 46.2% during the 4th quarter. Wells Fargo & Company MN now owns 8,211 shares of the specialty retailer’s stock worth $113,000 after acquiring an additional 2,595 shares during the period. Quadrature Capital Ltd bought a new position in J.Jill during the 4th quarter worth $150,000. Finally, Rhumbline Advisers raised its holdings in J.Jill by 11.7% in the 1st quarter. Rhumbline Advisers now owns 7,908 shares of the specialty retailer’s stock valued at $154,000 after acquiring an additional 829 shares in the last quarter. 40.71% of the stock is currently owned by institutional investors and hedge funds.

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.