Insider Selling: J.Jill (NYSE:JILL) EVP Sells $582,000.00 in Stock

J.Jill, Inc. (NYSE:JILL) EVP Mark Webb sold 25,000 shares of the firm’s stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $23.28, for a total value of $582,000.00. Following the completion of the sale, the executive vice president directly owned 121,793 shares in the company, valued at approximately $2,835,341.04. This represents a 17.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

J.Jill Trading Down 0.9%

J.Jill stock opened at $23.93 on Friday. J.Jill, Inc. has a 52 week low of $10.40 and a 52 week high of $24.69. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.86 and a current ratio of 1.30. The firm has a market capitalization of $355.53 million, a PE ratio of 13.37 and a beta of 0.87. The business’s 50-day simple moving average is $19.93 and its 200-day simple moving average is $15.99.

J.Jill (NYSE:JILL) last announced its earnings results on Wednesday, September 9th. The specialty retailer reported $1.24 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.67. The firm had revenue of $154.83 million during the quarter, compared to the consensus estimate of $151.26 million. J.Jill had a return on equity of 28.51% and a net margin of 4.62%. Equities research analysts forecast that J.Jill, Inc. will post 1.23 earnings per share for the current year.

J.Jill Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 7th. Stockholders of record on Wednesday, September 23rd will be given a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Wednesday, September 23rd. J.Jill’s dividend payout ratio is currently 20.11%.

Analyst Ratings Changes

Several equities analysts recently commented on JILL shares. TD Cowen reiterated a “buy” rating on shares of J.Jill in a research note on Thursday, September 10th. Zacks Research upgraded shares of 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 report on Tuesday, August 18th. Jefferies Financial Group reaffirmed a “buy” rating and set a $25.00 price objective (up from $16.00) on shares of J.Jill in a research report on Wednesday, September 9th. Finally, Telsey Advisory Group increased their target price on shares of J.Jill from $18.00 to $23.00 and gave the company a “market perform” rating in a research note on Thursday, September 10th. Two research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $23.75.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. 1492 Capital Management LLC bought a new stake in J.Jill in the 1st quarter valued at $258,000. Janney Montgomery Scott LLC lifted its holdings 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 worth $357,000 after acquiring an additional 3,499 shares during the period. Anchor Capital Advisors LLC lifted its holdings in shares of 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 acquiring an additional 1,688 shares during the period. Dimensional Fund Advisors LP boosted 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 acquiring an additional 8,172 shares in the last quarter. Finally, Royce & Associates LP boosted its position in shares of J.Jill by 8.3% during the 4th quarter. Royce & Associates LP now owns 1,303,493 shares of the specialty retailer’s stock valued at $17,884,000 after acquiring an additional 99,390 shares in the last quarter. 40.71% of the stock is currently owned by institutional investors and hedge funds.

J.Jill Company Profile

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.