Insider Selling: J.Jill (NYSE:JILL) EVP Sells $297,267.16 in Stock

J.Jill, Inc. (NYSE:JILLGet Free Report) EVP Mark Webb sold 13,756 shares of the firm’s stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $21.61, for a total value of $297,267.16. Following the sale, the executive vice president owned 146,793 shares in the company, valued at $3,172,196.73. This trade represents a 8.57% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

J.Jill Trading Up 5.5%

J.Jill stock traded up $1.25 during trading on Friday, hitting $24.02. The company’s stock had a trading volume of 509,288 shares, compared to its average volume of 83,251. The stock has a market capitalization of $359.09 million, a price-to-earnings ratio of 13.42 and a beta of 0.87. The stock’s fifty day moving average is $18.36 and its 200 day moving average is $15.51. J.Jill, Inc. has a 1-year low of $10.40 and a 1-year high of $24.14. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.60 and a current ratio of 1.13.

J.Jill (NYSE:JILLGet Free Report) last issued its quarterly earnings results on Wednesday, September 9th. The specialty retailer reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.67. J.Jill had a return on equity of 29.35% and a net margin of 4.62%.The firm had revenue of $154.83 million for the quarter, compared to analyst estimates of $151.26 million. As a group, equities research analysts predict that J.Jill, Inc. will post 2.04 EPS for the current year.

J.Jill Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 7th. Stockholders of record on Wednesday, September 23rd will be paid a $0.09 dividend. The ex-dividend date is Wednesday, September 23rd. This represents a $0.36 annualized dividend and a dividend yield of 1.5%. J.Jill’s dividend payout ratio is 20.11%.

Analysts Set New Price Targets

Several analysts have recently weighed in on JILL shares. Zacks Research upgraded J.Jill from a “strong sell” rating to a “hold” rating in a research note on Friday, June 5th. Weiss Ratings upgraded J.Jill from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 18th. Jefferies Financial Group restated a “buy” rating and set a $25.00 price objective (up from $16.00) on shares of J.Jill in a research note on Wednesday. BTIG Research lifted their price objective on J.Jill from $18.00 to $25.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Telsey Advisory Group increased their target price on J.Jill from $18.00 to $23.00 and gave the company a “market perform” rating in a research note on Thursday. Two investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, J.Jill currently has a consensus rating of “Hold” and a consensus price target of $23.75.

View Our Latest Research Report on JILL

Institutional Investors Weigh In On J.Jill

A number of institutional investors have recently modified their holdings of the stock. Dynamic Technology Lab Private Ltd lifted its position in shares of J.Jill by 40.0% during the first quarter. Dynamic Technology Lab Private Ltd now owns 11,210 shares of the specialty retailer’s stock worth $219,000 after purchasing an additional 3,205 shares during the last quarter. Rhumbline Advisers raised its stake in J.Jill by 11.7% during the first quarter. Rhumbline Advisers now owns 7,908 shares of the specialty retailer’s stock valued at $154,000 after buying an additional 829 shares in the last quarter. Geode Capital Management LLC raised its stake in J.Jill by 11.9% during the second quarter. Geode Capital Management LLC now owns 175,286 shares of the specialty retailer’s stock valued at $2,567,000 after buying an additional 18,576 shares in the last quarter. American Century Companies Inc. lifted its holdings in J.Jill by 39.7% during the 2nd quarter. American Century Companies Inc. now owns 19,010 shares of the specialty retailer’s stock worth $278,000 after buying an additional 5,406 shares during the last quarter. Finally, First Trust Advisors LP lifted its holdings in J.Jill by 3.7% during the 2nd quarter. First Trust Advisors LP now owns 23,682 shares of the specialty retailer’s stock worth $347,000 after buying an additional 840 shares during the last quarter. Institutional investors and hedge funds own 40.71% of the company’s stock.

About J.Jill

(Get Free Report)

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.

Further Reading

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