J.Jill (NYSE:JILL) Downgraded by Wall Street Zen to Hold

J.Jill (NYSE:JILL) was downgraded by Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

A number of other analysts have also commented on JILL. BTIG Research lowered their price objective on J.Jill from $21.00 to $18.00 and set a “buy” rating for the company in a research report on Tuesday. Zacks Research downgraded shares of J.Jill from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. TD Cowen reaffirmed a “hold” rating on shares of J.Jill in a research note on Wednesday, January 14th. Weiss Ratings reiterated a “sell (d+)” rating on shares of J.Jill in a research report on Thursday, January 22nd. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $16.00 price target on shares of J.Jill in a research note on Tuesday. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $17.25.

J.Jill Stock Up 0.3%

NYSE:JILL opened at $11.21 on Friday. The company has a market cap of $166.75 million, a price-to-earnings ratio of 6.16 and a beta of 0.82. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.64 and a current ratio of 1.08. The stock’s fifty day moving average price is $15.83 and its two-hundred day moving average price is $15.61. J.Jill has a 52-week low of $10.40 and a 52-week high of $18.80.

J.Jill (NYSE:JILL) last released its earnings results on Tuesday, March 31st. The specialty retailer reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.12) by $0.10. The company had revenue of $138.41 million during the quarter, compared to analysts’ expectations of $135.55 million. J.Jill had a return on equity of 30.77% and a net margin of 4.68%. On average, analysts anticipate that J.Jill will post 3.36 EPS for the current year.

Hedge Funds Weigh In On J.Jill

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets increased its stake 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 acquiring an additional 673 shares during the last quarter. State of Alaska Department of Revenue bought a new position in J.Jill during the 4th quarter worth approximately $56,000. Rhumbline Advisers boosted its stake in 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 last quarter. Wells Fargo & Company MN grew its holdings in J.Jill by 46.2% during the fourth quarter. Wells Fargo & Company MN now owns 8,211 shares of the specialty retailer’s stock valued at $113,000 after purchasing an additional 2,595 shares during the period. Finally, Quadrature Capital Ltd acquired a new position in J.Jill during the fourth quarter valued at approximately $150,000. Institutional investors 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.