Insider Selling: J.Jill (NYSE:JILL) EVP Sells $58,542.75 in Stock

J.Jill, Inc. (NYSE:JILL) EVP Mark Webb sold 2,891 shares of the firm’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $20.25, for a total transaction of $58,542.75. Following the sale, the executive vice president owned 170,157 shares of the company’s stock, valued at approximately $3,445,679.25. This represents a 1.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

J.Jill Stock Performance

Shares of JILL stock opened at $20.07 on Monday. J.Jill, Inc. has a 52 week low of $10.40 and a 52 week high of $20.74. The company has a market capitalization of $300.07 million, a price-to-earnings ratio of 14.65 and a beta of 0.84. The company has a 50-day simple moving average of $17.04 and a 200 day simple moving average of $15.19. 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 (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 firm 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%. On average, sell-side analysts predict that J.Jill, Inc. will post 2.04 earnings per share for the current year.

J.Jill Dividend Announcement

The company 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. 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 dividend payout ratio is presently 26.28%.

Analyst Ratings Changes

Several analysts recently weighed in on JILL shares. Jefferies Financial Group reissued a “buy” rating and set a $16.00 price target on shares of J.Jill in a report on Wednesday, June 10th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $14.00 price objective (up from $13.00) on shares of J.Jill in a report on Thursday, June 11th. Zacks Research upgraded J.Jill from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. TD Cowen lifted their target price on J.Jill from $14.00 to $18.00 and gave the stock a “hold” rating in a report on Tuesday, August 18th. Finally, Weiss Ratings raised shares of J.Jill from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, August 18th. Two investment 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 stock has an average rating of “Hold” and an average target price of $16.50.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Pacific Ridge Capital Partners LLC acquired a new stake in shares of J.Jill in the fourth quarter valued at approximately $2,503,000. Royce & Associates LP grew 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 worth $17,884,000 after buying an additional 99,390 shares in the last quarter. State of Alaska Department of Revenue bought a new position in J.Jill during the 4th quarter worth $56,000. Dimensional Fund Advisors LP increased its stake in J.Jill by 3.0% during the 1st 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 during the period. Finally, Quadrature Capital Ltd acquired a new position in J.Jill in the 4th quarter valued at $150,000. 40.71% of the stock is owned by institutional investors.

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.