Zacks Investment Research lowered shares of J.Jill (NYSE:JILL) from a buy rating to a hold rating in a research report sent to investors on Tuesday.

According to Zacks, “J.Jill, Inc. operates as a specialty retailer of womens apparel. The Company offers sweaters, tops, pants, dresses, shorts, skirts, sleepwear and accessories. It markets through retail stores, website and catalog. J.Jill, Inc. is headquartered in Quincy, Massachusetts. “

Several other equities research analysts have also recently weighed in on JILL. TheStreet raised J.Jill from a d+ rating to a c rating in a research note on Wednesday, March 6th. ValuEngine raised J.Jill from a strong sell rating to a sell rating in a research note on Wednesday, March 6th. Morgan Stanley reduced their price objective on J.Jill from $7.50 to $7.00 and set an equal weight rating on the stock in a research note on Thursday, November 29th. Jefferies Financial Group reissued a buy rating and set a $9.00 price objective on shares of J.Jill in a research note on Thursday, November 15th. Finally, Wells Fargo & Co reduced their price objective on J.Jill from $7.00 to $6.00 and set a market perform rating on the stock in a research note on Wednesday, January 2nd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of $6.86.

NYSE:JILL opened at $7.05 on Tuesday. The company has a current ratio of 1.69, a quick ratio of 0.91 and a debt-to-equity ratio of 1.13. The stock has a market capitalization of $295.30 million, a P/E ratio of 9.79, a PEG ratio of 0.95 and a beta of 1.88. J.Jill has a 12 month low of $4.17 and a 12 month high of $9.62.

J.Jill (NYSE:JILL) last posted its earnings results on Wednesday, March 6th. The specialty retailer reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.02. The company had revenue of $170.90 million for the quarter, compared to the consensus estimate of $170.91 million. J.Jill had a return on equity of 15.80% and a net margin of 4.32%. The firm’s revenue for the quarter was down 9.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.13 earnings per share. On average, equities research analysts anticipate that J.Jill will post 0.69 EPS for the current year.

The firm also recently announced a special dividend, which will be paid on Monday, April 1st. Stockholders of record on Tuesday, March 19th will be paid a dividend of $1.15 per share. The ex-dividend date of this dividend is Monday, March 18th.

In other news, insider David Biese sold 171,429 shares of the company’s stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of $6.85, for a total transaction of $1,174,288.65. Following the transaction, the insider now owns 362,329 shares of the company’s stock, valued at $2,481,953.65. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 9.10% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. AQR Capital Management LLC lifted its holdings in J.Jill by 914.6% during the third quarter. AQR Capital Management LLC now owns 357,157 shares of the specialty retailer’s stock worth $2,207,000 after buying an additional 321,954 shares during the period. Martingale Asset Management L P lifted its holdings in J.Jill by 84.3% during the third quarter. Martingale Asset Management L P now owns 79,811 shares of the specialty retailer’s stock worth $494,000 after buying an additional 36,500 shares during the period. Globeflex Capital L P purchased a new stake in J.Jill during the third quarter worth $141,000. GSA Capital Partners LLP lifted its holdings in J.Jill by 45.7% during the third quarter. GSA Capital Partners LLP now owns 189,600 shares of the specialty retailer’s stock worth $1,172,000 after buying an additional 59,500 shares during the period. Finally, Renaissance Technologies LLC purchased a new stake in J.Jill during the third quarter worth $440,000. Hedge funds and other institutional investors own 24.96% of the company’s stock.

About J.Jill

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.

Recommended Story: Fiduciary

Get a free copy of the Zacks research report on J.Jill (JILL)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Analyst Recommendations for J.Jill (NYSE:JILL)

Receive News & Ratings for J.Jill Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J.Jill and related companies with MarketBeat.com's FREE daily email newsletter.