Key Points
- J.Jill EVP Mark Webb sold 25,000 shares at an average price of $23.28, generating $582,000; the transaction reduced his direct ownership by 17.03% to 121,793 shares.
- J.Jill reported quarterly EPS of $1.24, exceeding the $0.57 consensus estimate, while revenue of $154.83 million also topped expectations.
- The company declared a quarterly dividend of $0.09 per share, equivalent to an annualized $0.36 dividend and a 1.5% yield; analysts maintain a consensus “Hold” rating with an average price target of $23.75.
J.Jill, Inc. (NYSE:JILL - Get Free Report) EVP Mark Webb sold 25,000 shares of the stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $23.28, for a total value of $582,000.00. Following the completion of the transaction, the executive vice president directly owned 121,793 shares of the company's stock, valued at approximately $2,835,341.04. The trade was a 17.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.
J.Jill Price Performance
J.Jill stock opened at $24.48 on Wednesday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.30 and a quick ratio of 0.86. The company has a market capitalization of $363.71 million, a PE ratio of 13.67 and a beta of 0.87. J.Jill, Inc. has a one year low of $10.40 and a one year high of $24.69. The business has a 50 day simple moving average of $19.64 and a 200 day simple moving average of $15.88.
J.Jill (NYSE:JILL - Get Free Report) last announced its quarterly earnings results on Wednesday, September 9th. The specialty retailer reported $1.24 EPS for the quarter, beating the consensus estimate of $0.57 by $0.67. J.Jill had a return on equity of 28.51% and a net margin of 4.62%.The business had revenue of $154.83 million for the quarter, compared to analyst estimates of $151.26 million. On average, sell-side analysts forecast that J.Jill, Inc. will post 1.23 EPS for the current fiscal year.
J.Jill Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 7th. Stockholders of record on Wednesday, September 23rd will be paid a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Wednesday, September 23rd. J.Jill's payout ratio is currently 20.11%.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on the stock. TD Cowen reiterated a "buy" rating on shares of J.Jill in a research report on Thursday, September 10th. Zacks Research raised J.Jill from a "strong sell" rating to a "hold" rating in a report on Friday, June 5th. William Blair lowered J.Jill from an "outperform" rating to a "market perform" rating in a research report on Thursday, June 11th. Weiss Ratings raised J.Jill from a "hold (c-)" rating to a "hold (c)" rating in a report on Tuesday, August 18th. Finally, BTIG Research lifted their price objective on J.Jill from $18.00 to $25.00 and gave the company a "buy" rating in a research report on Wednesday, September 9th. Two analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $23.75.
Check Out Our Latest Stock Report on JILL
Hedge Funds Weigh In On J.Jill
A number of institutional investors have recently modified their holdings of JILL. 1492 Capital Management LLC bought a new stake in shares of J.Jill during the first quarter valued at approximately $258,000. Janney Montgomery Scott LLC raised its position 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 worth $357,000 after purchasing an additional 3,499 shares during the last quarter. Anchor Capital Advisors LLC raised its position in J.Jill by 3.7% in the 4th quarter. Anchor Capital Advisors LLC now owns 47,456 shares of the specialty retailer's stock worth $651,000 after purchasing an additional 1,688 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in J.Jill by 3.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 279,496 shares of the specialty retailer's stock worth $3,208,000 after buying an additional 8,172 shares in the last quarter. Finally, Royce & Associates LP boosted its position in J.Jill by 8.3% in the 4th 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 last quarter. 40.71% of the stock is owned by institutional investors.
About J.Jill
(
Get Free Report)
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.
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].
