J.Jill, Inc. (NYSE:JILL) CFO Mark W. Webb Sells 6,740 Shares

J.Jill, Inc. (NYSE:JILL) CFO Mark W. Webb sold 6,740 shares of J.Jill stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $28.54, for a total value of $192,359.60. Following the completion of the transaction, the chief financial officer now owns 97,188 shares of the company’s stock, valued at $2,773,745.52. This trade represents a 6.49 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

J.Jill Stock Performance

JILL opened at $27.72 on Monday. The business’s 50 day moving average is $25.40 and its 200-day moving average is $30.47. The stock has a market cap of $418.13 million, a PE ratio of 9.80 and a beta of 0.64. The company has a current ratio of 0.89, a quick ratio of 0.44 and a debt-to-equity ratio of 0.76. J.Jill, Inc. has a twelve month low of $23.06 and a twelve month high of $40.61.

J.Jill Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th will be issued a dividend of $0.07 per share. The ex-dividend date of this dividend is Thursday, December 26th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.01%. J.Jill’s dividend payout ratio (DPR) is presently 9.89%.

Institutional Investors Weigh In On J.Jill

Hedge funds have recently made changes to their positions in the business. Point72 Asia Singapore Pte. Ltd. bought a new stake in J.Jill during the second quarter worth approximately $26,000. CWM LLC bought a new stake in J.Jill during the second quarter worth approximately $29,000. Meeder Asset Management Inc. bought a new stake in J.Jill during the second quarter worth approximately $34,000. Allspring Global Investments Holdings LLC bought a new stake in J.Jill during the second quarter worth approximately $81,000. Finally, Banque Cantonale Vaudoise raised its holdings in J.Jill by 58.4% during the third quarter. Banque Cantonale Vaudoise now owns 6,272 shares of the specialty retailer’s stock worth $155,000 after purchasing an additional 2,312 shares in the last quarter. Institutional investors own 40.71% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on JILL shares. Jefferies Financial Group decreased their target price on J.Jill from $44.00 to $40.00 and set a “buy” rating for the company in a research note on Wednesday, September 4th. Telsey Advisory Group restated a “market perform” rating and issued a $31.00 target price on shares of J.Jill in a research note on Friday. Finally, TD Cowen decreased their target price on J.Jill from $37.00 to $32.00 and set a “hold” rating for the company in a research note on Thursday, September 5th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $38.17.

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.