Insider Selling: J.Jill, Inc. (NYSE:JILL) CFO Sells $36,530.80 in Stock

J.Jill, Inc. (NYSE:JILL) CFO Mark W. Webb sold 1,348 shares of J.Jill stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $27.10, for a total value of $36,530.80. Following the transaction, the chief financial officer now directly owns 105,112 shares of the company’s stock, valued at approximately $2,848,535.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

J.Jill Trading Up 2.3 %

JILL stock opened at $24.78 on Thursday. J.Jill, Inc. has a one year low of $23.06 and a one year high of $40.61. The company has a market capitalization of $266.39 million, a PE ratio of 7.40 and a beta of 0.61. The company’s 50 day moving average price is $34.36 and its two-hundred day moving average price is $31.41. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.44 and a current ratio of 0.89.

J.Jill (NYSE:JILL) last posted its quarterly earnings results on Wednesday, September 4th. The specialty retailer reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.11. The business had revenue of $155.24 million for the quarter, compared to analyst estimates of $155.13 million. J.Jill had a return on equity of 90.61% and a net margin of 6.70%. During the same period last year, the company earned $1.10 EPS. As a group, analysts predict that J.Jill, Inc. will post 3.31 earnings per share for the current fiscal year.

J.Jill Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 2nd. Stockholders of record on Wednesday, September 18th will be paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 1.13%. The ex-dividend date is Wednesday, September 18th. J.Jill’s dividend payout ratio (DPR) is 8.36%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Telsey Advisory Group reaffirmed a “market perform” rating and set a $38.00 price objective on shares of J.Jill in a research note on Wednesday, September 4th. Jefferies Financial Group reduced their price target on shares of J.Jill from $44.00 to $40.00 and set a “buy” rating for the company in a research report on Wednesday, September 4th. Lake Street Capital lifted their price objective on J.Jill from $38.00 to $44.00 and gave the company a “buy” rating in a research note on Monday, June 10th. TD Cowen decreased their target price on J.Jill from $37.00 to $32.00 and set a “hold” rating on the stock in a research note on Thursday, September 5th. Finally, BTIG Research initiated coverage on J.Jill in a report on Wednesday, July 10th. They issued a “buy” rating and a $44.00 price target on the stock. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, J.Jill has a consensus rating of “Moderate Buy” and a consensus target price of $39.33.

Institutional Trading of J.Jill

Large investors have recently modified their holdings of the business. Marshall Wace LLP raised its position in J.Jill by 539.4% during the 2nd quarter. Marshall Wace LLP now owns 304,273 shares of the specialty retailer’s stock valued at $10,640,000 after purchasing an additional 256,687 shares during the last quarter. Divisadero Street Capital Management LP purchased a new position in shares of J.Jill during the second quarter valued at approximately $7,120,000. Paradigm Capital Management Inc. NY raised its holdings in shares of J.Jill by 109.3% during the second quarter. Paradigm Capital Management Inc. NY now owns 346,856 shares of the specialty retailer’s stock valued at $12,130,000 after acquiring an additional 181,116 shares in the last quarter. Hillsdale Investment Management Inc. lifted its stake in J.Jill by 2,143.3% in the first quarter. Hillsdale Investment Management Inc. now owns 134,600 shares of the specialty retailer’s stock worth $4,303,000 after acquiring an additional 128,600 shares during the period. Finally, Ghisallo Capital Management LLC bought a new stake in J.Jill in the second quarter valued at $3,147,000. 40.71% of the stock is owned by institutional investors.

About J.Jill

J.Jill, Inc operates as an omnichannel retailer for women's apparel under the J.Jill brand in the United States. It offers apparel, footwear, and accessories, including scarves and jewelry. The company markets its products through retail stores, website, and catalogs. J.Jill, Inc was founded in 1959 and is headquartered in Quincy, Massachusetts.