Mark Webb Sells 2,074 Shares of J.Jill (NYSE:JILL) Stock

J.Jill, Inc. (NYSE:JILL) EVP Mark Webb sold 2,074 shares of the firm’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $20.33, for a total transaction of $42,164.42. Following the transaction, the executive vice president directly owned 174,679 shares of the company’s stock, valued at approximately $3,551,224.07. This trade represents a 1.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

J.Jill Stock Performance

NYSE JILL traded down $0.41 on Tuesday, reaching $19.60. 41,789 shares of the company’s stock traded hands, compared to its average volume of 73,902. J.Jill, Inc. has a fifty-two week low of $10.40 and a fifty-two 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 cap of $292.96 million, a price-to-earnings ratio of 14.30 and a beta of 0.84. The stock has a 50 day moving average price of $17.15 and a 200-day moving average price of $15.21.

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

J.Jill Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Wednesday, June 24th were issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Wednesday, June 24th. J.Jill’s dividend payout ratio (DPR) is 26.28%.

Hedge Funds Weigh In On J.Jill

Large investors have recently added to or reduced their stakes in the stock. Fund 1 Investments LLC lifted its holdings 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 purchasing an additional 653,645 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in J.Jill by 3.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 279,496 shares of the specialty retailer’s stock valued at $3,208,000 after buying an additional 8,172 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in J.Jill by 12.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 31,129 shares of the specialty retailer’s stock valued at $357,000 after buying an additional 3,499 shares in the last quarter. 1492 Capital Management LLC acquired a new stake in J.Jill in the 1st quarter worth about $258,000. Finally, XTX Topco Ltd purchased a new stake in J.Jill during the 4th quarter worth approximately $347,000. 40.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

JILL has been the topic of several recent research reports. Jefferies Financial Group restated a “buy” rating and issued a $16.00 price objective on shares of J.Jill in a research report on Wednesday, June 10th. Telsey Advisory Group reiterated a “market perform” rating and issued a $14.00 target price (up from $13.00) on shares of J.Jill in a research note on Thursday, June 11th. William Blair downgraded shares of J.Jill from an “outperform” rating to a “market perform” rating in a report on Thursday, June 11th. TD Cowen lifted their price objective on shares of J.Jill from $14.00 to $18.00 and gave the company a “hold” rating in a report on Tuesday, August 18th. Finally, Weiss Ratings upgraded 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 assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $16.50.

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.