J.Jill (NYSE:JILL) EVP Mark Webb Sells 5,000 Shares of Company Stock

J.Jill, Inc. (NYSE:JILL) EVP Mark Webb sold 5,000 shares of J.Jill stock in a transaction that occurred 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 transaction, the executive vice president directly owned 113,523 shares in the company, valued at $2,783,583.96. This represents a 4.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

J.Jill Price Performance

Shares of JILL traded down $0.46 during mid-day trading on Wednesday, reaching $23.32. The stock had a trading volume of 520,791 shares, compared to its average volume of 103,201. The firm has a market cap of $346.58 million, a price-to-earnings ratio of 13.03 and a beta of 0.80. J.Jill, Inc. has a 12 month low of $10.40 and a 12 month high of $25.14. The business has a fifty day moving average of $22.28 and a 200 day moving average of $17.19. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.86 and a current ratio of 1.30.

J.Jill (NYSE:JILL) last announced its quarterly earnings data on Wednesday, September 9th. The specialty retailer reported $1.24 earnings per share (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 analysts’ expectations of $151.26 million. J.Jill had a net margin of 4.62% and a return on equity of 28.51%. Equities analysts predict that J.Jill, Inc. will post 1.23 EPS for the current year.

J.Jill Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 7th. Investors of record on Wednesday, September 23rd were issued a $0.09 dividend. The ex-dividend date of this dividend was Wednesday, September 23rd. This represents a $0.36 annualized dividend and a yield of 1.5%. J.Jill’s dividend payout ratio is currently 20.11%.

Institutional Investors Weigh In On J.Jill

A number of institutional investors have recently added to or reduced their stakes in the stock. Fund 1 Investments LLC raised its position 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 valued at $21,090,000 after buying an additional 653,645 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of J.Jill by 3.0% in the first 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 in the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of J.Jill by 12.7% in the first quarter. Janney Montgomery Scott LLC now owns 31,129 shares of the specialty retailer’s stock worth $357,000 after buying an additional 3,499 shares in the last quarter. Finally, 1492 Capital Management LLC bought a new position in shares of J.Jill during the first quarter worth $258,000. 40.71% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. TD Cowen reiterated a “hold” rating and issued a $25.00 price target (up from $22.00) on shares of J.Jill in a research note on Monday, October 5th. Telsey Advisory Group boosted their price objective on J.Jill from $18.00 to $23.00 and gave the company a “market perform” rating in a research report on Thursday, September 10th. BTIG Research boosted their price objective on J.Jill from $18.00 to $25.00 and gave the company a “buy” rating in a research report on Wednesday, September 9th. Weiss Ratings raised J.Jill from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 8th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $25.00 target price (up from $16.00) on shares of J.Jill in a research report on Wednesday, September 9th. Two equities 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 currently has an average rating of “Hold” and an average target price of $24.50.

About J.Jill

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.