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

Key Points

• J.Jill EVP Mark Webb sold 25,000 shares at an average price of $23.28, generating $582,000. His remaining stake fell 17.03% to 121,793 shares.
• J.Jill reported quarterly EPS of $1.24, beating the $0.57 consensus estimate, while revenue of $154.83 million also exceeded expectations.
• The stock traded near its 52-week high at $24.48, while analysts maintained a consensus “Hold” rating with an average price target of $23.75. The company also declared a quarterly dividend of $0.09 per share.

J.Jill, Inc. (NYSE:JILL - Get Free Report) EVP Mark Webb sold 25,000 shares of the firm's stock in a transaction that occurred on 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 transaction, the executive vice president owned 121,793 shares of the company's stock, valued at approximately $2,835,341.04. This represents a 17.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

J.Jill Stock Performance

JILL stock traded up $0.53 during trading hours on Tuesday, reaching $24.48. The stock had a trading volume of 196,162 shares, compared to its average volume of 88,546. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.30 and a quick ratio of 0.86. The stock has a 50-day simple moving average of $19.46 and a 200 day simple moving average of $15.84. The stock has a market capitalization of $363.71 million, a PE ratio of 13.67 and a beta of 0.87. J.Jill, Inc. has a fifty-two week low of $10.40 and a fifty-two week high of $24.69.

J.Jill (NYSE:JILL - Get Free Report) last posted its quarterly earnings results on Wednesday, September 9th. The specialty retailer reported $1.24 EPS for the quarter, topping 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 business had revenue of $154.83 million during the quarter, compared to analysts' expectations of $151.26 million. Analysts predict that J.Jill, Inc. will post 1.23 EPS for the current fiscal year.

J.Jill Announces Dividend

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

Institutional Trading of J.Jill

Several large investors have recently bought and sold shares of JILL. 1492 Capital Management LLC bought a new position in shares of J.Jill in the first quarter worth about $258,000. Janney Montgomery Scott LLC lifted its stake in J.Jill by 12.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 31,129 shares of the specialty retailer's stock valued at $357,000 after purchasing an additional 3,499 shares during the last quarter. Anchor Capital Advisors LLC grew its stake in shares of J.Jill by 3.7% during the fourth quarter. Anchor Capital Advisors LLC now owns 47,456 shares of the specialty retailer's stock worth $651,000 after buying an additional 1,688 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of J.Jill by 3.0% during 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 during the last quarter. Finally, Royce & Associates LP increased its holdings in shares of J.Jill by 8.3% during the fourth quarter. Royce & Associates LP now owns 1,303,493 shares of the specialty retailer's stock worth $17,884,000 after buying an additional 99,390 shares in the last quarter. 40.71% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. TD Cowen reiterated a "buy" rating on shares of J.Jill in a research report on Thursday, September 10th. Telsey Advisory Group boosted their price objective on shares of J.Jill from $18.00 to $23.00 and gave the company a "market perform" rating in a report on Thursday, September 10th. BTIG Research lifted their price target on shares of J.Jill from $18.00 to $25.00 and gave the company a "buy" rating in a research report on Wednesday, September 9th. Wall Street Zen raised J.Jill from a "hold" rating to a "strong-buy" rating in a research report on Saturday, September 12th. Finally, William Blair cut J.Jill from an "outperform" rating to a "market perform" rating in a research report on Thursday, June 11th. Two equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, J.Jill has a consensus rating of "Hold" and a consensus price target of $23.75.

About J.Jill

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.

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