Brokerages Set J.Jill, Inc. (NYSE:JILL) Target Price at $38.17

J.Jill, Inc. (NYSE:JILL) has received an average recommendation of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $38.17.

Separately, Telsey Advisory Group reiterated a “market perform” rating and set a $31.00 price objective on shares of J.Jill in a report on Thursday, December 12th.

Insider Buying and Selling at J.Jill

In related news, CEO Claire Spofford sold 6,601 shares of the stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $28.75, for a total transaction of $189,778.75. Following the completion of the sale, the chief executive officer now owns 161,812 shares of the company’s stock, valued at $4,652,095. This represents a 3.92 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Mark W. Webb sold 6,740 shares of J.Jill stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $28.54, for a total transaction of $192,359.60. Following the completion of the transaction, the chief financial officer now directly owns 97,188 shares in the company, valued at $2,773,745.52. This represents a 6.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 23,341 shares of company stock valued at $648,688. 6.70% of the stock is currently owned by corporate insiders.

Institutional Trading of J.Jill

A number of institutional investors have recently made changes to their positions in the business. Point72 Asia Singapore Pte. Ltd. purchased a new stake in J.Jill in the second quarter valued at about $26,000. Meeder Asset Management Inc. acquired a new position in shares of J.Jill during the second quarter valued at about $34,000. Banque Cantonale Vaudoise raised its position in shares of J.Jill by 58.4% in the 3rd quarter. Banque Cantonale Vaudoise now owns 6,272 shares of the specialty retailer’s stock valued at $155,000 after purchasing an additional 2,312 shares during the last quarter. Jane Street Group LLC acquired a new stake in J.Jill in the 3rd quarter worth approximately $256,000. Finally, Los Angeles Capital Management LLC grew its position in J.Jill by 22.3% during the 3rd quarter. Los Angeles Capital Management LLC now owns 10,540 shares of the specialty retailer’s stock worth $260,000 after purchasing an additional 1,920 shares during the last quarter. Institutional investors and hedge funds own 40.71% of the company’s stock.

J.Jill Stock Performance

JILL stock opened at $27.16 on Thursday. J.Jill has a twelve month low of $23.06 and a twelve month high of $40.61. The firm has a market cap of $416.63 million, a price-to-earnings ratio of 9.60 and a beta of 0.69. The business’s fifty day simple moving average is $26.77 and its two-hundred day simple moving average is $29.05. The company has a quick ratio of 0.44, a current ratio of 0.97 and a debt-to-equity ratio of 0.67.

J.Jill Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were issued a dividend of $0.07 per share. The ex-dividend date was Thursday, December 26th. This represents a $0.28 dividend on an annualized basis and a yield of 1.03%. J.Jill’s dividend payout ratio is currently 9.89%.

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.