Insider Selling: J.Jill (NYSE:JILL) EVP Sells $49,253.76 in Stock

J.Jill, Inc. (NYSE:JILL) EVP Mark Webb sold 2,448 shares of the business’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $20.12, for a total transaction of $49,253.76. Following the sale, the executive vice president owned 172,605 shares in the company, valued at $3,472,812.60. This represents a 1.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

J.Jill Trading Down 0.9%

J.Jill stock opened at $19.68 on Friday. J.Jill, Inc. has a 52 week low of $10.40 and a 52 week high of $20.89. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.60 and a current ratio of 1.13. The firm has a market capitalization of $294.29 million, a price-to-earnings ratio of 14.37 and a beta of 0.84. The company has a 50 day moving average price of $17.45 and a 200 day moving average price of $15.28.

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

J.Jill Dividend Announcement

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

Hedge Funds Weigh In On J.Jill

A number of hedge funds have recently added to or reduced their stakes in JILL. Fund 1 Investments LLC raised its position in J.Jill by 96.8% during the second quarter. Fund 1 Investments LLC now owns 1,328,949 shares of the specialty retailer’s stock valued at $21,090,000 after acquiring an additional 653,645 shares in the last quarter. Dimensional Fund Advisors LP grew its position in 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 acquiring an additional 8,172 shares in the last quarter. Janney Montgomery Scott LLC grew 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 worth $357,000 after acquiring an additional 3,499 shares in the last quarter. 1492 Capital Management LLC acquired a new position in shares of J.Jill during the 1st quarter worth $258,000. Finally, XTX Topco Ltd acquired a new position in shares of J.Jill during the 4th quarter worth $347,000. Institutional investors and hedge funds own 40.71% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on the stock. Telsey Advisory Group restated a “market perform” rating and set a $14.00 price target (up from $13.00) on shares of J.Jill in a report on Thursday, June 11th. BTIG Research reiterated a “buy” rating and issued a $18.00 target price on shares of J.Jill in a research report on Wednesday, June 10th. TD Cowen lifted 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 upgraded shares of J.Jill from a “strong sell” rating to a “hold” rating in a report on Friday, June 5th. Finally, Weiss Ratings raised shares of J.Jill from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 18th. Two investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, J.Jill presently has a consensus rating of “Hold” and an average target price 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.