J.Jill (NYSE:JILL) EVP Mark Webb Sells 3,745 Shares of Stock

J.Jill, Inc. (NYSE:JILL) EVP Mark Webb sold 3,745 shares of the stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $20.30, for a total transaction of $76,023.50. Following the completion of the sale, the executive vice president directly owned 173,048 shares in the company, valued at approximately $3,512,874.40. This trade represents a 2.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

J.Jill Trading Down 1.2%

Shares of NYSE:JILL opened at $20.07 on Friday. 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’s 50-day moving average price is $17.04 and its 200 day moving average price is $15.19. The company has a market cap of $300.05 million, a PE ratio of 14.65 and a beta of 0.84. J.Jill, Inc. has a fifty-two week low of $10.40 and a fifty-two week high of $20.74.

J.Jill (NYSE:JILL) last posted its earnings results on Wednesday, June 10th. The specialty retailer reported $0.45 EPS for the quarter, topping the consensus estimate of $0.44 by $0.01. J.Jill had a net margin of 3.56% and a return on equity of 24.44%. The firm had revenue of $144.43 million during the quarter, compared to analysts’ expectations of $144.30 million. Sell-side analysts anticipate that J.Jill, Inc. will post 2.04 earnings per share for the current year.

J.Jill Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Wednesday, June 24th were issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Wednesday, June 24th. J.Jill’s dividend payout ratio is 26.28%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of JILL. BNP Paribas Financial Markets raised its position in J.Jill by 83.1% in the third quarter. BNP Paribas Financial Markets now owns 1,483 shares of the specialty retailer’s stock worth $25,000 after acquiring an additional 673 shares in the last quarter. State of Alaska Department of Revenue bought a new position in shares of J.Jill during the 4th quarter valued at about $56,000. Rhumbline Advisers grew its stake in shares of J.Jill by 11.7% in the 1st quarter. Rhumbline Advisers now owns 7,908 shares of the specialty retailer’s stock worth $154,000 after purchasing an additional 829 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of J.Jill by 46.2% in the 4th quarter. Wells Fargo & Company MN now owns 8,211 shares of the specialty retailer’s stock worth $113,000 after purchasing an additional 2,595 shares during the last quarter. Finally, Quadrature Capital Ltd bought a new stake in shares of J.Jill in the 4th quarter worth approximately $150,000. 40.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on JILL. Telsey Advisory Group reaffirmed a “market perform” rating and set a $14.00 target price (up from $13.00) on shares of J.Jill in a research note on Thursday, June 11th. Jefferies Financial Group reissued a “buy” rating and issued a $16.00 price target on shares of J.Jill in a research note on Wednesday, June 10th. Zacks Research raised J.Jill from a “strong sell” rating to a “hold” rating in a report on Friday, June 5th. Weiss Ratings upgraded shares of J.Jill from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday. Finally, TD Cowen upped their price objective on shares of J.Jill from $14.00 to $18.00 and gave the stock a “hold” rating in a report on Tuesday. Two analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $16.50.

J.Jill Company Profile

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.