Telsey Advisory Group reaffirmed their market perform rating on shares of J.Jill (NYSE:JILL - Free Report) in a research report report published on Friday morning,Benzinga reports. The brokerage currently has a $31.00 price objective on the specialty retailer's stock.
J.Jill Trading Down 2.3 %
Shares of JILL stock traded down $0.52 during mid-day trading on Friday, reaching $21.79. 112,627 shares of the stock traded hands, compared to its average volume of 83,001. The company has a market cap of $334.21 million, a price-to-earnings ratio of 7.70 and a beta of 0.69. The company has a quick ratio of 0.49, a current ratio of 0.97 and a debt-to-equity ratio of 0.67. The stock's fifty day simple moving average is $26.29 and its two-hundred day simple moving average is $26.57. J.Jill has a 1-year low of $20.93 and a 1-year high of $40.61.
J.Jill (NYSE:JILL - Get Free Report) last posted its earnings results on Wednesday, December 11th. The specialty retailer reported $0.89 EPS for the quarter, topping the consensus estimate of $0.80 by $0.09. J.Jill had a net margin of 6.80% and a return on equity of 71.30%. On average, research analysts anticipate that J.Jill will post 3.36 EPS for the current fiscal year.
J.Jill Announces Dividend
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. This represents a $0.28 annualized dividend and a yield of 1.29%. The ex-dividend date of this dividend was Thursday, December 26th. J.Jill's payout ratio is presently 9.89%.
Insider Buying and Selling
In other J.Jill news, CFO Mark W. Webb sold 6,740 shares of the firm's stock in a transaction that occurred on Wednesday, December 4th. The shares were 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 owns 97,188 shares in the company, valued at approximately $2,773,745.52. This trade represents a 6.49 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Claire Spofford sold 5,000 shares of the business's stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $26.57, for a total transaction of $132,850.00. Following the completion of the transaction, the chief executive officer now owns 132,205 shares in the company, valued at $3,512,686.85. This trade represents a 3.64 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 28,341 shares of company stock valued at $781,538 over the last ninety days. 6.70% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the business. BNP Paribas Financial Markets bought a new stake in shares of J.Jill during the 4th quarter valued at about $29,000. Deutsche Bank AG boosted its holdings in shares of J.Jill by 1,507.4% during the 4th quarter. Deutsche Bank AG now owns 1,736 shares of the specialty retailer's stock worth $48,000 after buying an additional 1,628 shares in the last quarter. Aster Capital Management DIFC Ltd bought a new position in shares of J.Jill during the 4th quarter worth approximately $67,000. Meeder Asset Management Inc. grew its position in shares of J.Jill by 196.6% during the 3rd quarter. Meeder Asset Management Inc. now owns 2,847 shares of the specialty retailer's stock worth $70,000 after buying an additional 1,887 shares during the period. Finally, Wells Fargo & Company MN increased its stake in shares of J.Jill by 51.2% in the 4th quarter. Wells Fargo & Company MN now owns 2,907 shares of the specialty retailer's stock valued at $80,000 after acquiring an additional 985 shares in the last quarter. 40.71% of the stock is owned by institutional investors.
About J.Jill
(
Get Free Report)
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.
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