Mark Webb Sells 3,745 Shares of J.Jill (NYSE:JILL) Stock

J.Jill, Inc. (NYSE:JILL) EVP Mark Webb sold 3,745 shares of the company’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $20.30, for a total transaction of $76,023.50. Following the transaction, the executive vice president owned 173,048 shares of the company’s stock, valued at approximately $3,512,874.40. The trade was a 2.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

J.Jill Stock Performance

Shares of JILL stock traded down $0.25 during mid-day trading on Friday, hitting $20.07. The stock had a trading volume of 66,003 shares, compared to its average volume of 74,298. The firm has a market cap of $300.07 million, a PE ratio of 14.65 and a beta of 0.84. The company’s 50-day simple moving average is $16.93 and its 200-day simple moving average is $15.16. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.13 and a quick ratio of 0.60. J.Jill, Inc. has a fifty-two week low of $10.40 and a fifty-two week high of $20.74.

J.Jill (NYSE:JILL) last issued its quarterly earnings results on Wednesday, June 10th. The specialty retailer reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.01. The business had revenue of $144.43 million for the quarter, compared to analyst estimates of $144.30 million. J.Jill had a net margin of 3.56% and a return on equity of 24.44%. Sell-side analysts anticipate that J.Jill, Inc. will post 2.04 earnings per share for the current year.

J.Jill Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Shareholders of record on Wednesday, June 24th were issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Wednesday, June 24th. J.Jill’s payout ratio is currently 26.28%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets grew its position in J.Jill by 83.1% during the third quarter. BNP Paribas Financial Markets now owns 1,483 shares of the specialty retailer’s stock worth $25,000 after buying an additional 673 shares during the period. State of Alaska Department of Revenue purchased a new stake in shares of J.Jill during the 4th quarter worth approximately $56,000. Wells Fargo & Company MN boosted its stake in shares of J.Jill by 46.2% during the 4th quarter. Wells Fargo & Company MN now owns 8,211 shares of the specialty retailer’s stock worth $113,000 after acquiring an additional 2,595 shares in the last quarter. Quadrature Capital Ltd acquired a new stake in shares of J.Jill in the 4th quarter worth approximately $150,000. Finally, Rhumbline Advisers increased its stake in J.Jill by 11.7% in the 1st quarter. Rhumbline Advisers now owns 7,908 shares of the specialty retailer’s stock valued at $154,000 after purchasing an additional 829 shares in the last quarter. 40.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on JILL shares. BTIG Research reissued a “buy” rating and set a $18.00 target price on shares of J.Jill in a research note on Wednesday, June 10th. TD Cowen lifted their price target on J.Jill from $14.00 to $18.00 and gave the company a “hold” rating in a research note on Tuesday. William Blair lowered J.Jill from an “outperform” rating to a “market perform” rating in a report on Thursday, June 11th. Telsey Advisory Group reiterated a “market perform” rating and issued a $14.00 price objective (up from $13.00) on shares of J.Jill in a research report on Thursday, June 11th. Finally, Weiss Ratings raised J.Jill from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday. Two analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $16.50.

J.Jill Company Profile

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.