Key Points
- J.Jill EVP Mark Webb sold 5,000 shares at an average price of $24.52, generating $122,600 and reducing his direct stake by 4.22% to 113,523 shares.
- J.Jill reported quarterly EPS of $1.24, beating analyst expectations of $0.57, while revenue of $154.83 million also exceeded estimates. The company pays a quarterly dividend of $0.09 per share, yielding approximately 1.5% annually.
- Analysts maintain a consensus “Hold” rating with a $24.50 price target; the stock opened at $23.32 and has recently traded near its 52-week high of $25.14.
J.Jill, Inc. (NYSE:JILL - Get Free Report) EVP Mark Webb sold 5,000 shares of the business's stock in a transaction on Monday, October 19th. The shares were sold at an average price of $24.52, for a total transaction of $122,600.00. Following the sale, the executive vice president directly owned 113,523 shares in the company, valued at $2,783,583.96. The trade was a 4.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
J.Jill Trading Down 1.9%
NYSE:JILL opened at $23.32 on Thursday. J.Jill, Inc. has a 1 year low of $10.40 and a 1 year high of $25.14. The stock's fifty day moving average price is $22.37 and its two-hundred day moving average price is $17.27. 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 cap of $346.51 million, a P/E ratio of 13.03 and a beta of 0.80.
J.Jill (NYSE:JILL - Get Free Report) last posted its quarterly earnings results on Wednesday, September 9th. The specialty retailer reported $1.24 EPS for the quarter, topping analysts' consensus estimates of $0.57 by $0.67. The firm had revenue of $154.83 million during the quarter, compared to analyst estimates of $151.26 million. J.Jill had a return on equity of 28.51% and a net margin of 4.62%. As a group, analysts expect that J.Jill, Inc. will post 1.23 EPS for the current year.
J.Jill Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 7th. Investors of record on Wednesday, September 23rd were issued a dividend of $0.09 per share. The ex-dividend date of this dividend was Wednesday, September 23rd. This represents a $0.36 dividend on an annualized basis and a yield of 1.5%. J.Jill's dividend payout ratio is 20.11%.
Wall Street Analyst Weigh In
Several brokerages have commented on JILL. Weiss Ratings upgraded J.Jill from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, October 8th. Jefferies Financial Group reiterated a "buy" rating and set a $25.00 price target (up from $16.00) on shares of J.Jill in a research report on Wednesday, September 9th. TD Cowen reiterated a "hold" rating and set a $25.00 price target (up from $22.00) on shares of J.Jill in a research report on Monday, October 5th. BTIG Research increased their price target on shares of J.Jill from $18.00 to $25.00 and gave the stock a "buy" rating in a report on Wednesday, September 9th. Finally, Telsey Advisory Group increased their price target on shares of J.Jill from $18.00 to $23.00 and gave the stock a "market perform" rating in a report on Thursday, September 10th. Two investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to data from MarketBeat.com, J.Jill has a consensus rating of "Hold" and a consensus target price of $24.50.
Read Our Latest Report on J.Jill
Institutional Trading of J.Jill
Institutional investors and hedge funds have recently bought and sold shares of the company. Fund 1 Investments LLC boosted its holdings in J.Jill by 96.8% in the 2nd 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 during the period. Dimensional Fund Advisors LP grew its position in shares of J.Jill by 3.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 279,496 shares of the specialty retailer's stock valued at $3,208,000 after purchasing an additional 8,172 shares in the last quarter. Janney Montgomery Scott LLC grew its position 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 in the last quarter. Finally, 1492 Capital Management LLC bought a new position in shares of J.Jill in the first quarter worth $258,000. 40.71% of the stock is currently owned by hedge funds and other institutional investors.
J.Jill Company Profile
(
Get Free Report)
J.Jill, Inc is a specialty retailer focused on women's apparel, footwear and accessories. The company designs and sells casual, comfortable and versatile clothing intended primarily for women in their 40s and beyond, with product offerings that include tops, sweaters, dresses, pants, jackets and seasonal collections.
J.Jill serves customers through a combination of retail stores and direct-to-consumer channels, including its e-commerce website and catalogs. Its merchandise is marketed under the J.Jill brand and is designed to support a coordinated wardrobe, with an emphasis on fit, ease and everyday wear.
Founded in 1959, the company operates primarily in the United States.
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