Key Points
- J.Jill EVP Mark Webb sold 2,891 shares at an average price of $20.25, generating $58,542.75. His remaining stake totaled 170,157 shares, worth approximately $3.45 million.
- J.Jill shares opened at $20.07 and were near their 52-week high of $20.74, with a market capitalization of about $300 million. The retailer recently beat quarterly earnings expectations, reporting $0.45 EPS and $144.43 million in revenue.
- The company pays a quarterly dividend of $0.09, equivalent to a 1.8% annual yield. Analysts maintain a consensus “Hold” rating with an average price target of $16.50, below the current share price.
J.Jill, Inc. (NYSE:JILL - Get Free Report) EVP Mark Webb sold 2,891 shares of J.Jill 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 transaction, the executive vice president owned 170,157 shares of the company's stock, valued at $3,445,679.25. The trade was a 1.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
J.Jill Stock Performance
Shares of JILL 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. The stock has a market cap of $300.05 million, a P/E ratio of 14.65 and a beta of 0.84. The business's 50 day moving average price is $17.04 and its 200-day moving average price is $15.19. J.Jill, Inc. has a 52 week low of $10.40 and a 52 week high of $20.74.
J.Jill (NYSE:JILL - Get Free Report) last posted 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. The company had revenue of $144.43 million during the quarter, compared to analyst estimates of $144.30 million. J.Jill had a return on equity of 24.44% and a net margin of 3.56%. Equities research analysts anticipate that J.Jill, Inc. will post 2.04 earnings per share for the current fiscal year.
J.Jill Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 24th were paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Wednesday, June 24th. J.Jill's dividend payout ratio is currently 26.28%.
Institutional Trading of J.Jill
A number of hedge funds have recently bought and sold shares of the company. Dimensional Fund Advisors LP lifted 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 acquiring an additional 8,172 shares during the period. Janney Montgomery Scott LLC grew its stake in shares of J.Jill by 12.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 31,129 shares of the specialty retailer's stock valued at $357,000 after purchasing an additional 3,499 shares during the period. 1492 Capital Management LLC bought a new stake in shares of J.Jill during the 1st quarter valued at about $258,000. XTX Topco Ltd purchased a new stake in shares of J.Jill during the 4th quarter valued at about $347,000. Finally, Quadrature Capital Ltd purchased a new stake in shares of J.Jill during the 4th quarter valued at about $150,000. Hedge funds and other institutional investors own 40.71% of the company's stock.
Analyst Ratings Changes
Several equities analysts have recently issued reports on the company. Jefferies Financial Group reaffirmed a "buy" rating and issued a $16.00 price target on shares of J.Jill in a research report on Wednesday, June 10th. BTIG Research reissued a "buy" rating and set a $18.00 price objective on shares of J.Jill in a research report on Wednesday, June 10th. TD Cowen increased their price objective on shares of J.Jill from $14.00 to $18.00 and gave the company a "hold" rating in a research report on Tuesday. Telsey Advisory Group restated a "market perform" rating and set a $14.00 price objective (up from $13.00) on shares of J.Jill in a research note on Thursday, June 11th. Finally, William Blair cut shares of J.Jill from an "outperform" rating to a "market perform" rating in a report on Thursday, June 11th. Two analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $16.50.
Check Out Our Latest Research Report on JILL
J.Jill Company Profile
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].