J.Jill (NYSE:JILL) EVP Mark Webb Sells 3,745 Shares

Key Points

• J.Jill EVP Mark Webb sold 3,745 shares at an average price of $20.30, generating $76,023.50; his remaining stake is 173,048 shares.
• J.Jill shares fell 1.2% to $20.07 and are near their 12-month high of $20.74, with a market capitalization of approximately $300 million.
• The company slightly exceeded quarterly earnings and revenue estimates and pays a $0.09 quarterly dividend, while analysts maintain a consensus “Hold” rating with a $16.50 price target.

J.Jill, Inc. (NYSE:JILL - Get Free Report) EVP Mark Webb sold 3,745 shares of the firm's stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $20.30, for a total value of $76,023.50. Following the sale, the executive vice president directly owned 173,048 shares of the company's stock, valued at approximately $3,512,874.40. This trade represents a 2.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

J.Jill Trading Down 1.2%

Shares of J.Jill stock traded down $0.25 during trading hours on Friday, hitting $20.07. The company's stock had a trading volume of 66,003 shares, compared to its average volume of 74,298. J.Jill, Inc. has a twelve month low of $10.40 and a twelve month high of $20.74. The firm has a fifty day moving average of $16.93 and a 200-day moving average of $15.16. The stock has a market cap of $300.07 million, a price-to-earnings ratio of 14.65 and a beta of 0.84. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.60 and a current ratio of 1.13.

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

J.Jill Dividend Announcement

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

Hedge Funds Weigh In On J.Jill

Institutional investors have recently modified their holdings of the business. BNP Paribas Financial Markets increased its stake in J.Jill by 83.1% in the third quarter. BNP Paribas Financial Markets now owns 1,483 shares of the specialty retailer's stock valued at $25,000 after purchasing an additional 673 shares during the period. State of Alaska Department of Revenue acquired a new stake in J.Jill during the 4th quarter worth approximately $56,000. Wells Fargo & Company MN grew its stake in shares of J.Jill by 46.2% in the 4th quarter. Wells Fargo & Company MN now owns 8,211 shares of the specialty retailer's stock valued at $113,000 after purchasing an additional 2,595 shares during the last quarter. Quadrature Capital Ltd acquired a new position in shares of J.Jill in the fourth quarter valued at approximately $150,000. Finally, Rhumbline Advisers increased its holdings in shares of J.Jill by 11.7% in the first quarter. Rhumbline Advisers now owns 7,908 shares of the specialty retailer's stock valued at $154,000 after purchasing an additional 829 shares during the period. 40.71% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. William Blair cut shares of J.Jill from an "outperform" rating to a "market perform" rating in a research report on Thursday, June 11th. Jefferies Financial Group reaffirmed a "buy" rating and issued a $16.00 price objective on shares of J.Jill in a research note on Wednesday, June 10th. Zacks Research raised J.Jill from a "strong sell" rating to a "hold" rating in a research note on Friday, June 5th. BTIG Research reissued a "buy" rating and issued a $18.00 price objective on shares of J.Jill in a research note on Wednesday, June 10th. Finally, TD Cowen upped their price target on J.Jill from $14.00 to $18.00 and gave the stock a "hold" rating in a report on Tuesday. Two equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $16.50.

J.Jill Company Profile

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.

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