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

J.Jill, Inc. (NYSE:JILL - Get Free Report) has been given a consensus rating of "Moderate Buy" by the six analysts that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $38.17.

Separately, Telsey Advisory Group reiterated a "market perform" rating and issued a $31.00 target price on shares of J.Jill in a research note on Thursday, December 12th.

Insider Buying and Selling

In related news, CFO Mark W. Webb sold 6,740 shares of the firm's stock in a transaction on 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 directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Claire Spofford sold 5,000 shares of J.Jill stock in a transaction on Monday, December 16th. The stock was sold at an average price of $26.98, for a total transaction of $134,900.00. Following the sale, the chief executive officer now owns 151,812 shares in the company, valued at $4,095,887.76. This represents a 3.19 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 18,341 shares of company stock valued at $517,038. 6.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On J.Jill

Hedge funds and other institutional investors have recently made changes to their positions in the business. Point72 Asia Singapore Pte. Ltd. acquired a new stake in J.Jill in the 2nd quarter valued at $26,000. Meeder Asset Management Inc. acquired a new stake in shares of J.Jill in the 2nd quarter valued at $34,000. Banque Cantonale Vaudoise grew its holdings 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 worth $155,000 after purchasing an additional 2,312 shares during the last quarter. American Century Companies Inc. increased its position in shares of J.Jill by 13.8% during the 2nd quarter. American Century Companies Inc. now owns 7,676 shares of the specialty retailer's stock worth $268,000 after purchasing an additional 930 shares in the last quarter. Finally, Los Angeles Capital Management LLC acquired a new stake in shares of J.Jill during the 2nd quarter worth about $301,000. 40.71% of the stock is owned by institutional investors.

J.Jill Stock Performance

JILL stock traded down $0.13 during midday trading on Thursday, hitting $27.15. 73,209 shares of the company traded hands, compared to its average volume of 79,402. J.Jill has a twelve month low of $23.06 and a twelve month high of $40.61. The stock has a market capitalization of $416.48 million, a price-to-earnings ratio of 9.59 and a beta of 0.69. The company has a quick ratio of 0.44, a current ratio of 0.97 and a debt-to-equity ratio of 0.67. The business has a 50 day simple moving average of $26.63 and a 200-day simple moving average of $29.28.

J.Jill Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Thursday, December 26th. This represents a $0.28 annualized dividend and a dividend yield of 1.03%. J.Jill's payout ratio is 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.