J.Jill (NYSE:JILL) Insider Elliot Staples Sells 13,287 Shares of Stock

J.Jill, Inc. (NYSE:JILL) insider Elliot Staples sold 13,287 shares of the stock in a transaction that occurred on Tuesday, September 22nd. The stock was sold at an average price of $24.20, for a total value of $321,545.40. Following the sale, the insider owned 60,270 shares in the company, valued at approximately $1,458,534. This trade represents a 18.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

J.Jill Price Performance

JILL traded down $0.47 during trading on Wednesday, hitting $24.08. The company’s stock had a trading volume of 166,129 shares, compared to its average volume of 88,972. The company has a quick ratio of 0.86, a current ratio of 1.30 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $357.86 million, a price-to-earnings ratio of 13.45 and a beta of 0.87. The firm’s 50 day moving average price is $19.64 and its two-hundred day moving average price is $15.88. J.Jill, Inc. has a 12 month low of $10.40 and a 12 month high of $24.69.

J.Jill (NYSE:JILL) last released its quarterly earnings results on Wednesday, September 9th. The specialty retailer reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.67. The business had revenue of $154.83 million during the quarter, compared to analysts’ expectations of $151.26 million. J.Jill had a return on equity of 28.51% and a net margin of 4.62%. Sell-side analysts forecast that J.Jill, Inc. will post 1.23 earnings per share for the current fiscal year.

J.Jill Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Wednesday, September 23rd will be paid a $0.09 dividend. The ex-dividend date of this dividend is Wednesday, September 23rd. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.5%. J.Jill’s payout ratio is currently 20.11%.

Hedge Funds Weigh In On J.Jill

Several large investors have recently bought and sold shares of JILL. Anchor Capital Advisors LLC raised its position in shares of J.Jill by 3.7% during the 4th quarter. Anchor Capital Advisors LLC now owns 47,456 shares of the specialty retailer’s stock valued at $651,000 after acquiring an additional 1,688 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in shares of J.Jill by 12.7% during the first quarter. Janney Montgomery Scott LLC now owns 31,129 shares of the specialty retailer’s stock worth $357,000 after purchasing an additional 3,499 shares during the period. Dimensional Fund Advisors LP increased its holdings 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 valued at $3,208,000 after purchasing an additional 8,172 shares during the last quarter. 1492 Capital Management LLC bought a new stake in J.Jill in the first quarter valued at about $258,000. Finally, Royce & Associates LP lifted its stake in J.Jill by 8.3% in the fourth quarter. Royce & Associates LP now owns 1,303,493 shares of the specialty retailer’s stock valued at $17,884,000 after buying an additional 99,390 shares during the period. 40.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on JILL shares. TD Cowen reissued a “buy” rating on shares of J.Jill in a report on Thursday, September 10th. Jefferies Financial Group reiterated a “buy” rating and issued a $25.00 price objective (up from $16.00) on shares of J.Jill in a research report on Wednesday, September 9th. BTIG Research lifted their target price on J.Jill from $18.00 to $25.00 and gave the company a “buy” rating in a research note on Wednesday, September 9th. Wall Street Zen upgraded J.Jill from a “hold” rating to a “strong-buy” rating in a research report on Saturday, September 12th. Finally, Zacks Research raised J.Jill from a “strong sell” rating to a “hold” rating in a research note on Friday, June 5th. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $23.75.

J.Jill Company Profile

J.Jill, Inc (NYSE:JILL) is a women’s apparel retailer focused on providing clothing and accessories for women in a range of sizes. The company’s product assortment generally includes casual apparel such as tops, sweaters, dresses, pants, jackets, and outerwear, along with footwear and accessories.

J.Jill serves customers through an omnichannel retail model that combines its branded stores with e-commerce and direct-to-consumer offerings. Its products are designed around comfortable, versatile styling for everyday wear, with the company primarily targeting women seeking relaxed and contemporary apparel.

The company’s retail and digital operations serve customers across the United States.