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

J.Jill, Inc. (NYSE:JILL) EVP Mark Webb sold 2,891 shares of the firm’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 transaction of $58,542.75. Following the completion of the sale, the executive vice president directly owned 170,157 shares in the company, valued at approximately $3,445,679.25. This trade represents a 1.67% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

J.Jill Stock Down 1.2%

Shares of J.Jill stock opened at $20.07 on Friday. 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, Inc. has a 52-week low of $10.40 and a 52-week high of $20.74. The company has a market capitalization of $300.05 million, a P/E ratio of 14.65 and a beta of 0.84. The company has a 50 day moving average of $17.04 and a 200 day moving average of $15.19.

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

J.Jill Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Wednesday, June 24th were paid a dividend of $0.09 per share. 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 payout ratio is presently 26.28%.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Jefferies Financial Group reaffirmed a “buy” rating and set a $16.00 price target on shares of J.Jill in a report on Wednesday, June 10th. BTIG Research reiterated a “buy” rating and issued a $18.00 price objective on shares of J.Jill in a report on Wednesday, June 10th. Telsey Advisory Group reissued a “market perform” rating and set a $14.00 target price (up from $13.00) on shares of J.Jill in a research report on Thursday, June 11th. TD Cowen boosted their target price on J.Jill from $14.00 to $18.00 and gave the stock a “hold” rating in a research note on Tuesday, August 18th. Finally, Weiss Ratings raised J.Jill from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday. Two research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, J.Jill presently has a consensus rating of “Hold” and an average target price of $16.50.

Hedge Funds Weigh In On J.Jill

Several large investors have recently bought and sold shares of JILL. Fund 1 Investments LLC increased its position in shares of 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 worth $21,090,000 after purchasing an additional 653,645 shares in the last quarter. Pacific Ridge Capital Partners LLC purchased a new stake in shares of J.Jill in the 4th quarter valued at about $2,503,000. Marshall Wace LLP lifted its holdings in shares of J.Jill by 931.8% in the 2nd quarter. Marshall Wace LLP now owns 147,892 shares of the specialty retailer’s stock valued at $2,165,000 after purchasing an additional 133,558 shares during the last quarter. Paradigm Capital Management Inc. NY boosted its position in shares of J.Jill by 13.5% in the 2nd quarter. Paradigm Capital Management Inc. NY now owns 1,057,300 shares of the specialty retailer’s stock valued at $15,479,000 after purchasing an additional 125,838 shares during the period. Finally, Royce & Associates LP boosted 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 valued at $17,884,000 after purchasing an additional 99,390 shares during the period. Institutional investors and hedge funds own 40.71% of the company’s stock.

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.