J.Jill (NYSE:JILL) EVP Sells $297,267.16 in Stock
by Tristan Rich · The Markets DailyJ.Jill, Inc. (NYSE:JILL – Get 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 transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
J.Jill Stock Performance
JILL stock traded up $1.25 during trading on Friday, hitting $24.02. 509,288 shares of the company’s stock traded hands, compared to its average volume of 83,251. The company has a quick ratio of 0.60, a current ratio of 1.13 and a debt-to-equity ratio of 0.57. J.Jill, Inc. has a 52 week low of $10.40 and a 52 week high of $24.14. The stock has a fifty day moving average price of $18.36 and a two-hundred day moving average price of $15.51. The stock has a market capitalization of $359.09 million, a price-to-earnings ratio of 13.42 and a beta of 0.87.
J.Jill (NYSE:JILL – Get Free Report) last posted 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 net margin of 4.62% and a return on equity of 29.35%. The company had revenue of $154.83 million for the quarter, compared to the consensus estimate of $151.26 million. As a group, equities analysts anticipate that J.Jill, Inc. will post 2.04 EPS for the current fiscal year.
J.Jill Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Wednesday, September 23rd will be paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Wednesday, September 23rd. J.Jill’s payout ratio is presently 20.11%.
Analysts Set New Price Targets
A number of analysts have recently weighed in on the company. Jefferies Financial Group reiterated a “buy” rating and set a $25.00 price target (up from $16.00) on shares of J.Jill in a research report on Wednesday. Telsey Advisory Group boosted their price objective on J.Jill from $18.00 to $23.00 and gave the company a “market perform” rating in a research report on Thursday. BTIG Research upped their price objective on J.Jill from $18.00 to $25.00 and gave the stock a “buy” rating in a research note on Wednesday. Zacks Research raised J.Jill from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Finally, TD Cowen restated a “buy” rating on shares of J.Jill in a research note on Thursday. Two research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $23.75.
Get Our Latest Stock Report on J.Jill
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. BNP Paribas Financial Markets raised its stake in shares of J.Jill by 83.1% during the third quarter. BNP Paribas Financial Markets now owns 1,483 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 673 shares in the last quarter. 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 valued at $113,000 after buying an additional 2,595 shares during the period. Quadrature Capital Ltd acquired a new position in J.Jill during the 4th quarter valued at about $150,000. Rhumbline Advisers raised its position in shares of 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 buying an additional 829 shares in the last quarter. Finally, Barclays PLC raised its position in shares of J.Jill by 10.8% during the 4th quarter. Barclays PLC now owns 11,417 shares of the specialty retailer’s stock worth $157,000 after buying an additional 1,111 shares in the last quarter. 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.