J.Jill (NYSE:JILL) Stock: Insider Elliot Staples Sells 13,287 Shares

J.Jill, Inc. (NYSE:JILL) insider Elliot Staples sold 13,287 shares of the company’s stock in a transaction on Tuesday, September 22nd. The stock was sold at an average price of $24.20, for a total transaction of $321,545.40. Following the transaction, the insider owned 60,270 shares of the company’s stock, valued at approximately $1,458,534. The trade was a 18.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

J.Jill Price Performance

Shares of JILL opened at $23.93 on Friday. J.Jill, Inc. has a twelve month low of $10.40 and a twelve month high of $24.69. The stock’s 50 day moving average is $19.93 and its two-hundred day moving average is $15.99. The firm has a market capitalization of $355.53 million, a PE ratio of 13.37 and a beta of 0.87. The company has a current ratio of 1.30, a quick ratio of 0.86 and a debt-to-equity ratio of 0.51.

J.Jill (NYSE:JILL) last announced its quarterly earnings data on Wednesday, September 9th. The specialty retailer reported $1.24 EPS for the quarter, beating the consensus estimate of $0.57 by $0.67. J.Jill had a net margin of 4.62% and a return on equity of 28.51%. The firm had revenue of $154.83 million during the quarter, compared to analysts’ expectations of $151.26 million. Research analysts anticipate that J.Jill, Inc. will post 1.23 earnings per share for the current year.

J.Jill Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Wednesday, September 23rd will be given a dividend of $0.09 per share. The ex-dividend date of this dividend is Wednesday, September 23rd. This represents a $0.36 annualized dividend and a yield of 1.5%. J.Jill’s dividend payout ratio (DPR) is presently 20.11%.

Hedge Funds Weigh In On J.Jill

Several hedge funds and other institutional investors have recently made changes to their positions in JILL. Anchor Capital Advisors LLC increased its position 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 acquiring an additional 1,688 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings 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 purchasing an additional 3,499 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in J.Jill by 3.0% in the first quarter. Dimensional Fund Advisors LP now owns 279,496 shares of the specialty retailer’s stock valued at $3,208,000 after purchasing an additional 8,172 shares during the last quarter. 1492 Capital Management LLC purchased a new position in J.Jill in the first quarter valued at about $258,000. Finally, Royce & Associates LP grew its stake in J.Jill by 8.3% during the 4th quarter. Royce & Associates LP now owns 1,303,493 shares of the specialty retailer’s stock valued at $17,884,000 after purchasing an additional 99,390 shares in the last quarter. Institutional investors and hedge funds own 40.71% of the company’s stock.

Wall Street Analyst Weigh In

JILL has been the subject of a number of analyst reports. Jefferies Financial Group reissued a “buy” rating and issued a $25.00 price objective (up from $16.00) on shares of J.Jill in a research report on Wednesday, September 9th. Weiss Ratings raised shares of J.Jill from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 18th. TD Cowen restated a “buy” rating on shares of J.Jill in a report on Thursday, September 10th. Wall Street Zen raised J.Jill from a “hold” rating to a “strong-buy” rating in a research report on Saturday, September 12th. Finally, Zacks Research upgraded J.Jill from a “strong sell” rating to a “hold” rating in a research note on Friday, June 5th. Two analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $23.75.

J.Jill Company Profile

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.