J.Jill Inc (NASDAQ:JILL) saw a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 1,462,774 shares, a decrease of 43.9% from the October 13th total of 2,608,444 shares. Based on an average daily trading volume, of 792,579 shares, the short-interest ratio is currently 1.8 days. Currently, 10.3% of the company’s stock are short sold.
A number of research firms have weighed in on JILL. Royal Bank Of Canada reissued a “buy” rating and issued a $16.00 price objective on shares of J.Jill in a research report on Thursday, August 17th. Zacks Investment Research cut shares of J.Jill from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. Jefferies Group LLC reaffirmed a “buy” rating and set a $17.00 price target on shares of J.Jill in a research report on Thursday, August 24th. Morgan Stanley cut shares of J.Jill from an “overweight” rating to an “equal weight” rating in a research report on Thursday, October 12th. Finally, BidaskClub raised shares of J.Jill from a “sell” rating to a “hold” rating in a research report on Thursday, August 31st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $15.00.
In other news, Director Michael A. Eck acquired 10,000 shares of the firm’s stock in a transaction on Thursday, August 31st. The stock was bought at an average cost of $9.92 per share, with a total value of $99,200.00. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in JILL. California Public Employees Retirement System acquired a new stake in shares of J.Jill in the first quarter valued at approximately $705,000. UBS Group AG acquired a new stake in shares of J.Jill in the first quarter valued at approximately $121,000. Goldman Sachs Group Inc. acquired a new stake in shares of J.Jill in the first quarter valued at approximately $1,445,000. Quantitative Systematic Strategies LLC acquired a new stake in shares of J.Jill in the second quarter valued at approximately $426,000. Finally, Boston Advisors LLC acquired a new stake in shares of J.Jill in the second quarter valued at approximately $5,439,000.
Shares of J.Jill (NASDAQ:JILL) opened at $5.08 on Tuesday. J.Jill has a 12 month low of $4.74 and a 12 month high of $14.40.
J.Jill (NASDAQ:JILL) last released its quarterly earnings data on Tuesday, August 29th. The specialty retailer reported $0.29 earnings per share for the quarter, hitting the consensus estimate of $0.29. The firm had revenue of $181.40 million for the quarter, compared to analyst estimates of $179.02 million. J.Jill had a net margin of 6.61% and a return on equity of 35.03%. The company’s revenue for the quarter was up 9.9% on a year-over-year basis.
COPYRIGHT VIOLATION WARNING: This article was posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are accessing this article on another domain, it was copied illegally and reposted in violation of U.S. & international trademark & copyright laws. The legal version of this article can be accessed at https://www.chaffeybreeze.com/2017/11/14/j-jill-inc-jill-short-interest-update.html.
J.Jill Company Profile
J.Jill, Inc (J.Jill) operates as a specialty retailer in the women’s apparel industry. J.Jill is a women’s apparel brand focused on customer in the 40-65 age segment. The Company operates an integrated omni-channel platform that is diversified across its retail stores, Website and catalogs.
Receive News & Ratings for J.Jill Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J.Jill Inc and related companies with MarketBeat.com's FREE daily email newsletter.