J.Jill (NYSE:JILL) EVP Mark Webb Sells 2,074 Shares of Stock

J.Jill, Inc. (NYSE:JILL) EVP Mark Webb sold 2,074 shares of the business’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $20.33, for a total transaction of $42,164.42. Following the transaction, the executive vice president owned 174,679 shares of the company’s stock, valued at $3,551,224.07. This trade represents a 1.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

J.Jill Trading Down 2.1%

Shares of JILL stock opened at $19.60 on Wednesday. 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, Inc. has a 52-week low of $10.40 and a 52-week high of $20.89. The company has a market capitalization of $292.96 million, a PE ratio of 14.30 and a beta of 0.84. The business’s fifty day moving average is $17.24 and its 200 day moving average is $15.23.

J.Jill (NYSE:JILL) last posted its earnings results on Wednesday, June 10th. The specialty retailer reported $0.45 EPS for the quarter, topping the consensus estimate of $0.44 by $0.01. The business had revenue of $144.43 million during the quarter, compared to analysts’ expectations of $144.30 million. J.Jill had a return on equity of 24.44% and a net margin of 3.56%. On average, equities research analysts anticipate that J.Jill, Inc. will post 2.04 EPS for the current fiscal year.

J.Jill Dividend Announcement

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

Institutional Trading of J.Jill

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Pacific Ridge Capital Partners LLC bought a new position in shares of J.Jill during the 4th quarter valued at $2,503,000. Royce & Associates LP boosted its position in J.Jill by 8.3% during the fourth quarter. Royce & Associates LP now owns 1,303,493 shares of the specialty retailer’s stock valued at $17,884,000 after buying an additional 99,390 shares during the period. State of Alaska Department of Revenue bought a new position in shares of J.Jill during the fourth quarter valued at about $56,000. Dimensional Fund Advisors LP increased its holdings in shares of J.Jill by 3.0% in the first quarter. Dimensional Fund Advisors LP now owns 279,496 shares of the specialty retailer’s stock worth $3,208,000 after buying an additional 8,172 shares during the period. Finally, Quadrature Capital Ltd purchased a new position in shares of J.Jill in the fourth quarter worth about $150,000. Hedge funds and other institutional investors own 40.71% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on JILL. TD Cowen raised their target price on shares of J.Jill from $14.00 to $18.00 and gave the company a “hold” rating in a research note on Tuesday, August 18th. Zacks Research raised shares of J.Jill from a “strong sell” rating to a “hold” rating in a report on Friday, June 5th. Telsey Advisory Group restated a “market perform” rating and set a $14.00 price objective (up from $13.00) on shares of J.Jill in a research report on Thursday, June 11th. Jefferies Financial Group reaffirmed a “buy” rating and set a $16.00 price objective on shares of J.Jill in a report on Wednesday, June 10th. Finally, William Blair cut J.Jill from an “outperform” rating to a “market perform” rating in a research note on Thursday, June 11th. Two investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $16.50.

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.