Key Points
- J.Jill insider Elliot Staples sold 13,287 shares at an average price of $24.20, generating $321,545.40 and reducing his ownership by 18.06% to 60,270 shares.
- The company reported strong quarterly results, with EPS of $1.24 versus the $0.57 consensus estimate and revenue of $154.83 million, ahead of expectations.
- J.Jill declared a quarterly dividend of $0.09 per share, equivalent to $0.36 annually and a 1.5% yield; analysts maintain a consensus “Hold” rating with a $23.75 price target.
J.Jill, Inc. (NYSE:JILL - Get Free Report) insider Elliot Staples sold 13,287 shares of the stock in a transaction that occurred on Tuesday, September 22nd. The shares were sold at an average price of $24.20, for a total transaction of $321,545.40. Following the completion of the sale, the insider directly owned 60,270 shares in the company, valued at approximately $1,458,534. This represents a 18.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.
J.Jill Price Performance
J.Jill stock opened at $24.08 on Thursday. The company has a current ratio of 1.30, a quick ratio of 0.86 and a debt-to-equity ratio of 0.51. The company has a fifty day simple moving average of $19.79 and a 200-day simple moving average of $15.93. The stock has a market cap of $357.86 million, a P/E ratio of 13.45 and a beta of 0.87. J.Jill, Inc. has a 12-month low of $10.40 and a 12-month high of $24.69.
J.Jill (NYSE:JILL - Get Free Report) last posted its 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 firm had revenue of $154.83 million for the quarter, compared to analyst estimates of $151.26 million. Equities analysts expect that J.Jill, Inc. will post 1.23 EPS for the current fiscal year.
J.Jill Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Investors of record on Wednesday, September 23rd will be issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Wednesday, September 23rd. J.Jill's dividend payout ratio is 20.11%.
Institutional Investors Weigh In On J.Jill
Large investors have recently modified their holdings of the stock. Fund 1 Investments LLC lifted its holdings in shares of 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 worth $21,090,000 after purchasing an additional 653,645 shares during the period. Royce & Associates LP increased its stake 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 period. Dimensional Fund Advisors LP raised its position 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 during the last quarter. Anchor Capital Advisors LLC raised its position in J.Jill by 3.7% during the 4th quarter. Anchor Capital Advisors LLC now owns 47,456 shares of the specialty retailer's stock worth $651,000 after buying an additional 1,688 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in shares of 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 acquiring an additional 3,499 shares during the period. Hedge funds and other institutional investors own 40.71% of the company's stock.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on the company. TD Cowen restated a "buy" rating on shares of J.Jill in a research note on Thursday, September 10th. William Blair downgraded shares of J.Jill from an "outperform" rating to a "market perform" rating in a research report on Thursday, June 11th. Weiss Ratings upgraded shares of J.Jill from a "hold (c-)" rating to a "hold (c)" rating in a research note on Tuesday, August 18th. Zacks Research upgraded shares of J.Jill from a "strong sell" rating to a "hold" rating in a research note on Friday, June 5th. Finally, Wall Street Zen upgraded shares of J.Jill from a "hold" rating to a "strong-buy" rating in a research note on Saturday, September 12th. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $23.75.
View Our Latest Analysis on JILL
J.Jill Company Profile
(
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.
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