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

Key Points

• J.Jill EVP Mark Webb sold 5,000 shares at an average price of $24.52, totaling $122,600. His remaining stake is 113,523 shares, a 4.22% reduction in ownership.
• J.Jill reported quarterly EPS of $1.24, beating the $0.57 analyst consensus, while revenue of $154.83 million also exceeded expectations.
• The stock traded at $23.32, near its 12-month high of $25.14. Analysts’ consensus rating is “Hold,” with an average price target of $24.50, while the company pays a quarterly dividend of $0.09 per share.

J.Jill, Inc. (NYSE:JILL - Get Free Report) EVP Mark Webb sold 5,000 shares of the firm's stock in a transaction on Monday, October 19th. The stock was sold at an average price of $24.52, for a total value of $122,600.00. Following the completion of the transaction, the executive vice president owned 113,523 shares in the company, valued at approximately $2,783,583.96. This trade represents a 4.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

J.Jill Stock Performance

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

J.Jill (NYSE:JILL - Get Free Report) last posted its quarterly earnings data on Wednesday, September 9th. The specialty retailer reported $1.24 EPS for the quarter, beating analysts' consensus estimates of $0.57 by $0.67. J.Jill had a return on equity of 28.51% and a net margin of 4.62%. The company had revenue of $154.83 million during the quarter, compared to analysts' expectations of $151.26 million. Analysts anticipate that J.Jill, Inc. will post 1.23 EPS for the current year.

J.Jill Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 7th. Stockholders of record on Wednesday, September 23rd were given a dividend of $0.09 per share. The ex-dividend date of this dividend was Wednesday, September 23rd. This represents a $0.36 annualized dividend and a dividend yield of 1.5%. J.Jill's dividend payout ratio is presently 20.11%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on JILL. Jefferies Financial Group reiterated a "buy" rating and issued a $25.00 price objective (up from $16.00) on shares of J.Jill in a research note on Wednesday, September 9th. Telsey Advisory Group boosted 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 report on Thursday, September 10th. Wall Street Zen upgraded shares of J.Jill from a "hold" rating to a "strong-buy" rating in a research report on Saturday, September 12th. BTIG Research upped their target price on shares of J.Jill from $18.00 to $25.00 and gave the company a "buy" rating in a report on Wednesday, September 9th. Finally, TD Cowen reaffirmed a "hold" rating and set a $25.00 target price (up from $22.00) on shares of J.Jill in a report on Monday, October 5th. Two analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $24.50.

Hedge Funds Weigh In On J.Jill

Several institutional investors and hedge funds have recently bought and sold shares of JILL. Fund 1 Investments LLC raised its stake in shares of J.Jill by 96.8% in the second quarter. Fund 1 Investments LLC now owns 1,328,949 shares of the specialty retailer's stock worth $21,090,000 after buying an additional 653,645 shares during the period. 1492 Capital Management LLC purchased a new position in shares of J.Jill during the 1st quarter valued at about $258,000. Dimensional Fund Advisors LP lifted 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 buying an additional 8,172 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted 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 buying an additional 3,499 shares in the last quarter. 40.71% of the stock is currently owned by hedge funds and other institutional investors.

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.

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