Mark Webb Sells 2,448 Shares of J.Jill (NYSE:JILL) Stock

J.Jill, Inc. (NYSE:JILL) EVP Mark Webb sold 2,448 shares of the firm’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $20.12, for a total value of $49,253.76. Following the completion of the transaction, the executive vice president owned 172,605 shares in the company, valued at $3,472,812.60. The trade was a 1.40% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

J.Jill Price Performance

JILL traded down $0.41 on Tuesday, hitting $19.60. 41,789 shares of the company’s stock were exchanged, compared to its average volume of 73,902. J.Jill, Inc. has a fifty-two week low of $10.40 and a fifty-two week high of $20.89. The stock has a market cap of $292.96 million, a price-to-earnings ratio of 14.30 and a beta of 0.84. The firm has a 50-day moving average price of $17.15 and a 200-day moving average price of $15.21. The company has a current ratio of 1.13, a quick ratio of 0.60 and a debt-to-equity ratio of 0.57.

J.Jill (NYSE:JILL) last issued its earnings results on Wednesday, June 10th. The specialty retailer reported $0.45 EPS for the quarter, beating analysts’ consensus estimates 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 net margin of 3.56% and a return on equity of 24.44%. As a group, equities analysts anticipate that J.Jill, Inc. will post 2.04 earnings per share for the current year.

J.Jill Announces Dividend

The business also recently announced 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. This represents a $0.36 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Wednesday, June 24th. J.Jill’s payout ratio is currently 26.28%.

Institutional Investors Weigh In On J.Jill

Several hedge funds and other institutional investors have recently added to or reduced their stakes in JILL. Fund 1 Investments LLC lifted its stake in shares of J.Jill by 96.8% in the 2nd quarter. Fund 1 Investments LLC now owns 1,328,949 shares of the specialty retailer’s stock valued at $21,090,000 after purchasing an additional 653,645 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in J.Jill by 3.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 279,496 shares of the specialty retailer’s stock valued at $3,208,000 after buying an additional 8,172 shares during the period. Janney Montgomery Scott LLC lifted its position in J.Jill by 12.7% in the first quarter. Janney Montgomery Scott LLC now owns 31,129 shares of the specialty retailer’s stock valued at $357,000 after buying an additional 3,499 shares during the last quarter. 1492 Capital Management LLC purchased a new position in J.Jill during the first quarter worth about $258,000. Finally, XTX Topco Ltd purchased a new position in shares of J.Jill during the fourth quarter worth $347,000. Institutional investors and hedge funds own 40.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on JILL. Weiss Ratings upgraded J.Jill from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, August 18th. BTIG Research reaffirmed a “buy” rating and issued a $18.00 target price on shares of J.Jill in a research note on Wednesday, June 10th. Jefferies Financial Group reiterated a “buy” rating and set a $16.00 price target on shares of J.Jill in a report on Wednesday, June 10th. Zacks Research raised shares of J.Jill from a “strong sell” rating to a “hold” rating in a report on Friday, June 5th. Finally, 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 research report on Tuesday, August 18th. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus 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.