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 dated Friday, August 21st. The shares were sold at an average price of $20.12, for a total value of $49,253.76. Following the transaction, the executive vice president owned 172,605 shares of the company’s stock, valued at $3,472,812.60. This trade represents a 1.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

J.Jill Trading Down 2.1%

NYSE:JILL traded down $0.41 on Tuesday, reaching $19.60. 41,789 shares of the company’s stock were exchanged, compared to its average volume of 73,902. The firm has a market capitalization of $292.96 million, a price-to-earnings ratio of 14.30 and a beta of 0.84. J.Jill, Inc. has a 52-week low of $10.40 and a 52-week high of $20.89. The company has a quick ratio of 0.60, a current ratio of 1.13 and a debt-to-equity ratio of 0.57. The business has a fifty day moving average of $17.15 and a 200-day moving average of $15.21.

J.Jill (NYSE:JILL) last announced its quarterly earnings data on Wednesday, June 10th. The specialty retailer reported $0.45 earnings per share 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 firm had revenue of $144.43 million during the quarter, compared to analysts’ expectations of $144.30 million. As a group, analysts expect that J.Jill, Inc. will post 2.04 earnings per share for the current year.

J.Jill Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 24th were given a dividend of $0.09 per share. The ex-dividend date of this dividend 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%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in JILL. Fund 1 Investments LLC increased its holdings 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 acquiring an additional 653,645 shares during the last quarter. Royce & Associates LP boosted its holdings 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 purchasing an additional 99,390 shares in the last quarter. Paradigm Capital Management Inc. NY boosted its holdings in J.Jill by 13.5% in the second 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 in the last quarter. Dimensional Fund Advisors LP increased its stake 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. Finally, Invenomic Capital Management LP increased its stake in J.Jill by 1.6% in the fourth quarter. Invenomic Capital Management LP now owns 203,227 shares of the specialty retailer’s stock valued at $2,788,000 after purchasing an additional 3,161 shares during the last quarter. 40.71% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

JILL has been the topic of several recent research reports. Zacks Research upgraded J.Jill from a “strong sell” rating to a “hold” rating in a report on Friday, June 5th. TD Cowen upped their target price on shares of J.Jill from $14.00 to $18.00 and gave the stock a “hold” rating in a research note on Tuesday, August 18th. BTIG Research reaffirmed a “buy” rating and issued a $18.00 target price on shares of J.Jill in a report on Wednesday, June 10th. Telsey Advisory Group reiterated a “market perform” rating and issued a $14.00 price target (up from $13.00) on shares of J.Jill in a research note on Thursday, June 11th. Finally, William Blair downgraded shares of J.Jill from an “outperform” rating to a “market perform” rating in a research report on Thursday, June 11th. Two analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company 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.