J.Jill (NYSE:JILL) EVP Mark Webb Sells 2,891 Shares of Stock

J.Jill, Inc. (NYSE:JILL) EVP Mark Webb sold 2,891 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $20.25, for a total value of $58,542.75. Following the transaction, the executive vice president directly owned 170,157 shares in the company, valued at $3,445,679.25. This trade represents a 1.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

J.Jill Price Performance

Shares of J.Jill stock opened at $20.07 on Friday. The business has a 50 day moving average of $17.04 and a 200 day moving average of $15.19. J.Jill, Inc. has a 52 week low of $10.40 and a 52 week high of $20.74. The company has a market cap of $300.05 million, a PE ratio of 14.65 and a beta of 0.84. 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 (NYSE:JILL) last released its quarterly earnings results on Wednesday, June 10th. The specialty retailer reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.01. The business had revenue of $144.43 million for the quarter, compared to analysts’ expectations of $144.30 million. J.Jill had a net margin of 3.56% and a return on equity of 24.44%. As a group, equities research analysts forecast that J.Jill, Inc. will post 2.04 earnings per share for the current year.

J.Jill Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 24th were given a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Wednesday, June 24th. J.Jill’s dividend payout ratio (DPR) is currently 26.28%.

Hedge Funds Weigh In On J.Jill

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Pacific Ridge Capital Partners LLC bought a new stake in shares of J.Jill during the 4th quarter valued at $2,503,000. Royce & Associates LP grew its position in shares of J.Jill by 8.3% in the 4th quarter. Royce & Associates LP now owns 1,303,493 shares of the specialty retailer’s stock worth $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 in the 4th quarter worth about $56,000. American Century Companies Inc. increased its stake in shares of J.Jill by 39.7% in the 2nd quarter. American Century Companies Inc. now owns 19,010 shares of the specialty retailer’s stock worth $278,000 after acquiring an additional 5,406 shares in the last quarter. Finally, Occudo Quantitative Strategies LP purchased a new position in J.Jill during the 3rd quarter valued at about $201,000. Hedge funds and other institutional investors own 40.71% of the company’s stock.

Analyst Upgrades and Downgrades

JILL has been the topic of several research analyst reports. William Blair cut shares of J.Jill from an “outperform” rating to a “market perform” rating in a research report on Thursday, June 11th. TD Cowen raised their price objective on shares of J.Jill from $14.00 to $18.00 and gave the stock a “hold” rating in a report on Tuesday. Jefferies Financial Group restated a “buy” rating and issued a $16.00 price objective on shares of J.Jill in a report on Wednesday, June 10th. Zacks Research raised J.Jill from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Finally, Telsey Advisory Group reiterated a “market perform” rating and set a $14.00 target price (up from $13.00) on shares of J.Jill in a report on Thursday, June 11th. Two research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, J.Jill has a consensus rating of “Hold” and a consensus target price 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.