Insider Selling: J.Jill, Inc. (NYSE:JILL) CFO Sells $45,616.48 in Stock

J.Jill, Inc. (NYSE:JILL) CFO Mark W. Webb sold 1,352 shares of the company’s stock in a transaction on Monday, July 8th. The shares were sold at an average price of $33.74, for a total transaction of $45,616.48. Following the sale, the chief financial officer now owns 108,576 shares of the company’s stock, valued at approximately $3,663,354.24. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

J.Jill Price Performance

JILL opened at $37.40 on Friday. The company has a quick ratio of 0.67, a current ratio of 1.00 and a debt-to-equity ratio of 2.24. J.Jill, Inc. has a 12 month low of $18.85 and a 12 month high of $40.61. The company has a fifty day simple moving average of $33.37 and a 200 day simple moving average of $28.55. The stock has a market cap of $402.05 million, a P/E ratio of 11.16 and a beta of 0.65.

J.Jill (NYSE:JILL) last announced its earnings results on Friday, June 7th. The specialty retailer reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.14 by $0.08. The firm had revenue of $161.51 million during the quarter, compared to analyst estimates of $160.00 million. J.Jill had a net margin of 7.84% and a return on equity of 136.44%. On average, research analysts expect that J.Jill, Inc. will post 3.43 EPS for the current year.

J.Jill Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 12th. Stockholders of record on Wednesday, May 29th were paid a dividend of $0.07 per share. The ex-dividend date was Wednesday, May 29th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.75%. J.Jill’s dividend payout ratio is 8.36%.

Hedge Funds Weigh In On J.Jill

A number of large investors have recently modified their holdings of the business. CWM LLC acquired a new position in shares of J.Jill during the 2nd quarter worth about $29,000. AJOVista LLC acquired a new position in shares of J.Jill during the 4th quarter worth about $25,000. Janney Montgomery Scott LLC boosted its stake in shares of J.Jill by 9.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 24,888 shares of the specialty retailer’s stock worth $796,000 after buying an additional 2,114 shares during the last quarter. Strs Ohio boosted its stake in shares of J.Jill by 117.9% during the 4th quarter. Strs Ohio now owns 8,500 shares of the specialty retailer’s stock worth $219,000 after buying an additional 4,600 shares during the last quarter. Finally, Hillsdale Investment Management Inc. acquired a new position in shares of J.Jill during the 4th quarter worth about $155,000. 40.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have commented on JILL shares. Jefferies Financial Group started coverage on shares of J.Jill in a research report on Friday. They set a “buy” rating and a $44.00 target price for the company. B. Riley reiterated a “buy” rating and set a $38.00 target price (up previously from $35.00) on shares of J.Jill in a research report on Thursday, March 21st. Lake Street Capital upped their target price on shares of J.Jill from $38.00 to $44.00 and gave the company a “buy” rating in a research report on Monday, June 10th. Finally, BTIG Research started coverage on shares of J.Jill in a research report on Wednesday. They set a “buy” rating and a $44.00 target price for the company. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $42.50.

About J.Jill

J.Jill, Inc operates as an omnichannel retailer for women's apparel under the J.Jill brand in the United States. It offers apparel, footwear, and accessories, including scarves and jewelry. The company markets its products through retail stores, website, and catalogs. J.Jill, Inc was founded in 1959 and is headquartered in Quincy, Massachusetts.