J.Jill (NYSE:JILL) EVP Sells 2,891 Shares

Key Points

• J.Jill EVP Mark Webb sold 2,891 shares at an average price of $20.25, generating $58,542.75. He retained 170,157 shares, reducing his direct stake by 1.67%.
• J.Jill shares fell 1.2% to $20.07, near the stock’s 12-month high of $20.74. The retailer recently exceeded quarterly earnings and revenue estimates, reporting $0.45 in EPS and $144.43 million in revenue.
• Analysts maintain a consensus “Hold” rating with a $16.50 target price, below the current share price. The company also pays a quarterly dividend of $0.09 per share, representing a 1.8% yield.

J.Jill, Inc. (NYSE:JILL - Get Free Report) EVP Mark Webb sold 2,891 shares of the business's stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $20.25, for a total value of $58,542.75. Following the transaction, the executive vice president directly owned 170,157 shares in the company, valued at $3,445,679.25. This trade represents a 1.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

J.Jill Stock Down 1.2%

Shares of NYSE:JILL traded down $0.25 during midday trading on Friday, hitting $20.07. The stock had a trading volume of 66,003 shares, compared to its average volume of 74,298. The company has a quick ratio of 0.60, a current ratio of 1.13 and a debt-to-equity ratio of 0.57. The business's 50-day simple moving average is $16.93 and its 200-day simple moving average is $15.16. J.Jill, Inc. has a 12 month low of $10.40 and a 12 month high of $20.74. The company has a market cap of $300.07 million, a P/E ratio of 14.65 and a beta of 0.84.

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

J.Jill Announces Dividend

The firm 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. This represents a $0.36 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Wednesday, June 24th. J.Jill's payout ratio is 26.28%.

Wall Street Analyst Weigh In

JILL has been the subject of several research analyst reports. Telsey Advisory Group reiterated a "market perform" rating and set a $14.00 target price (up from $13.00) on shares of J.Jill in a research note on Thursday, June 11th. Weiss Ratings upgraded J.Jill from a "hold (c-)" rating to a "hold (c)" rating in a research note on Tuesday. Zacks Research raised J.Jill from a "strong sell" rating to a "hold" rating in a report on Friday, June 5th. BTIG Research reaffirmed a "buy" rating and set a $18.00 price objective on shares of J.Jill in a research report on Wednesday, June 10th. Finally, William Blair downgraded shares of J.Jill from an "outperform" rating to a "market perform" rating in a report on Thursday, June 11th. Two equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, J.Jill currently has a consensus rating of "Hold" and a consensus price target of $16.50.

Institutional Investors Weigh In On J.Jill

Hedge funds have recently bought and sold shares of the stock. Dynamic Technology Lab Private Ltd grew its holdings in J.Jill by 40.0% in the 1st quarter. Dynamic Technology Lab Private Ltd now owns 11,210 shares of the specialty retailer's stock valued at $219,000 after buying an additional 3,205 shares in the last quarter. Rhumbline Advisers increased its position in J.Jill by 11.7% during the first quarter. Rhumbline Advisers now owns 7,908 shares of the specialty retailer's stock worth $154,000 after acquiring an additional 829 shares during the period. Geode Capital Management LLC raised its stake in J.Jill by 11.9% in the 2nd quarter. Geode Capital Management LLC now owns 175,286 shares of the specialty retailer's stock worth $2,567,000 after purchasing an additional 18,576 shares in the last quarter. American Century Companies Inc. raised its stake in J.Jill by 39.7% in the 2nd quarter. American Century Companies Inc. now owns 19,010 shares of the specialty retailer's stock worth $278,000 after purchasing an additional 5,406 shares in the last quarter. Finally, First Trust Advisors LP boosted its holdings in J.Jill by 3.7% in the 2nd quarter. First Trust Advisors LP now owns 23,682 shares of the specialty retailer's stock valued at $347,000 after purchasing an additional 840 shares during the period. 40.71% of the stock is currently owned by institutional investors and hedge funds.

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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