Mark Webb Sells 2,448 Shares of J.Jill (NYSE:JILL) Stock

Key Points

• J.Jill EVP Mark Webb sold 2,448 shares at an average price of $20.12, generating $49,253.76. He retained 172,605 shares after reducing his position by 1.4%.
• JILL traded at $19.60, near its 52-week high of $20.89, with a market capitalization of approximately $293 million. The retailer recently reported quarterly EPS of $0.45, slightly exceeding analyst expectations.
• Analysts maintain a consensus “Hold” rating with an average price target of $16.50, while J.Jill pays a quarterly dividend of $0.09 per share, yielding about 1.8% annually.

J.Jill, Inc. (NYSE:JILL - Get Free Report) EVP Mark Webb sold 2,448 shares of the firm's stock in a transaction on Friday, August 21st. The shares were sold at an average price of $20.12, for a total value of $49,253.76. Following the completion of the transaction, the executive vice president owned 172,605 shares in the company, valued at $3,472,812.60. The trade was a 1.40% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

J.Jill Price Performance

JILL traded down $0.41 on Tuesday, hitting $19.60. 41,789 shares of the company's stock were exchanged, compared to its average volume of 73,902. J.Jill, Inc. has a fifty-two week low of $10.40 and a fifty-two week high of $20.89. The stock has a market cap of $292.96 million, a price-to-earnings ratio of 14.30 and a beta of 0.84. The firm has a 50-day moving average price of $17.15 and a 200-day moving average price of $15.21. The company has a current ratio of 1.13, a quick ratio of 0.60 and a debt-to-equity ratio of 0.57.

J.Jill (NYSE:JILL - Get Free Report) last issued its earnings results on Wednesday, June 10th. The specialty retailer reported $0.45 EPS for the quarter, beating analysts' consensus estimates of $0.44 by $0.01. The business had revenue of $144.43 million during the quarter, compared to analysts' expectations of $144.30 million. J.Jill had a net margin of 3.56% and a return on equity of 24.44%. As a group, equities analysts anticipate that J.Jill, Inc. will post 2.04 earnings per share for the current year.

J.Jill Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 24th were issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Wednesday, June 24th. J.Jill's payout ratio is currently 26.28%.

Institutional Investors Weigh In On J.Jill

Several hedge funds and other institutional investors have recently added to or reduced their stakes in JILL. Fund 1 Investments LLC lifted its stake in shares of J.Jill by 96.8% in the 2nd quarter. Fund 1 Investments LLC now owns 1,328,949 shares of the specialty retailer's stock valued at $21,090,000 after purchasing an additional 653,645 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in J.Jill by 3.0% in 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 during the period. Janney Montgomery Scott LLC lifted its position in J.Jill by 12.7% in the first 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 during the last quarter. 1492 Capital Management LLC purchased a new position in J.Jill during the first quarter worth about $258,000. Finally, XTX Topco Ltd purchased a new position in shares of J.Jill during the fourth quarter worth $347,000. Institutional investors and hedge funds own 40.71% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on JILL. Weiss Ratings upgraded J.Jill from a "hold (c-)" rating to a "hold (c)" rating in a research report on Tuesday, August 18th. BTIG Research reaffirmed a "buy" rating and issued a $18.00 target price on shares of J.Jill in a research note on Wednesday, June 10th. Jefferies Financial Group reiterated a "buy" rating and set a $16.00 price target on shares of J.Jill in a report on Wednesday, June 10th. Zacks Research raised shares of J.Jill from a "strong sell" rating to a "hold" rating in a report on Friday, June 5th. Finally, TD Cowen raised their price objective on shares of J.Jill from $14.00 to $18.00 and gave the stock a "hold" rating in a research report on Tuesday, August 18th. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $16.50.

About J.Jill

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source