J.Jill, Inc. (NYSE:JILL - Get Free Report) EVP Mark Webb sold 2,074 shares of J.Jill 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 completion of the transaction, the executive vice president directly owned 174,679 shares in the company, valued at approximately $3,551,224.07. The trade was a 1.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
J.Jill Trading Down 2.1%
NYSE:JILL opened at $19.60 on Wednesday. The firm has a market capitalization of $292.96 million, a P/E ratio of 14.30 and a beta of 0.84. 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 company has a fifty day moving average of $17.24 and a 200 day moving average of $15.23. J.Jill, Inc. has a 52 week low of $10.40 and a 52 week high of $20.89.
J.Jill (NYSE:JILL - Get Free Report) last announced its quarterly earnings results on Wednesday, June 10th. The specialty retailer reported $0.45 earnings per share (EPS) for the quarter, topping 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 business had revenue of $144.43 million for the quarter, compared to analyst estimates of $144.30 million. On average, research analysts predict that J.Jill, Inc. will post 2.04 earnings per share for the current year.
J.Jill Dividend Announcement
The firm also recently declared 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 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date was Wednesday, June 24th. J.Jill's payout ratio is currently 26.28%.
Institutional Investors Weigh In On J.Jill
Several hedge funds have recently made changes to their positions in the company. Fund 1 Investments LLC raised its holdings in J.Jill by 96.8% in 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 bought a new position in shares of J.Jill in the 4th quarter worth about $2,503,000. Marshall Wace LLP lifted its position in J.Jill by 931.8% during the 2nd quarter. Marshall Wace LLP now owns 147,892 shares of the specialty retailer's stock valued at $2,165,000 after acquiring an additional 133,558 shares during the period. Paradigm Capital Management Inc. NY boosted its stake in J.Jill by 13.5% during the second quarter. Paradigm Capital Management Inc. NY now owns 1,057,300 shares of the specialty retailer's stock worth $15,479,000 after acquiring an additional 125,838 shares in the last quarter. Finally, Royce & Associates LP grew 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 worth $17,884,000 after purchasing an additional 99,390 shares during the period. 40.71% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
JILL has been the subject of several research analyst reports. 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. TD Cowen upped their target price on J.Jill from $14.00 to $18.00 and gave the company a "hold" rating in a report on Tuesday, August 18th. Zacks Research upgraded shares of J.Jill from a "strong sell" rating to a "hold" rating in a report on Friday, June 5th. Weiss Ratings raised shares of J.Jill from a "hold (c-)" rating to a "hold (c)" rating in a research report on Tuesday, August 18th. Finally, Telsey Advisory Group restated a "market perform" rating and issued a $14.00 price objective (up from $13.00) on shares of J.Jill in a report on Thursday, June 11th. Two investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $16.50.
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About J.Jill
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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.
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