J.Jill, Inc. (NYSE:JILL) Given Average Rating of “Moderate Buy” by Analysts

by · The Markets Daily

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

A number of research analysts have issued reports on the company. TD Cowen decreased their target price on J.Jill from $37.00 to $32.00 and set a “hold” rating on the stock in a research report on Thursday, September 5th. Telsey Advisory Group reiterated a “market perform” rating and set a $31.00 price objective on shares of J.Jill in a research report on Thursday, December 12th. Finally, Jefferies Financial Group cut their target price on shares of J.Jill from $44.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday, September 4th.

View Our Latest Stock Analysis on J.Jill

J.Jill Stock Performance

Shares of NYSE:JILL opened at $26.44 on Friday. J.Jill has a 1 year low of $23.06 and a 1 year high of $40.61. The stock has a market capitalization of $405.59 million, a price-to-earnings ratio of 9.34 and a beta of 0.64. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.89 and a quick ratio of 0.44. The company’s 50 day simple moving average is $25.93 and its 200 day simple moving average is $30.08.

J.Jill Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th will be given a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 1.06%. The ex-dividend date of this dividend is Thursday, December 26th. J.Jill’s dividend payout ratio (DPR) is currently 9.89%.

Insider Transactions at J.Jill

In related news, CFO Mark W. Webb sold 6,740 shares of J.Jill stock in a transaction that occurred 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 transaction, the chief financial officer now directly owns 97,188 shares of the company’s stock, valued at $2,773,745.52. The trade was a 6.49 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Claire Spofford sold 5,000 shares of the stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $26.98, for a total transaction of $134,900.00. Following the sale, the chief executive officer now directly owns 151,812 shares of the company’s stock, 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 90 days, insiders have sold 18,341 shares of company stock worth $517,038. Company insiders own 6.70% of the company’s stock.

Hedge Funds Weigh In On J.Jill

Hedge funds and other institutional investors have recently bought and sold shares of the company. Renaissance Technologies LLC raised its position in shares of J.Jill by 7.0% in the 2nd quarter. Renaissance Technologies LLC now owns 480,056 shares of the specialty retailer’s stock worth $16,788,000 after acquiring an additional 31,400 shares in the last quarter. Royce & Associates LP increased its holdings in J.Jill by 39.3% in the third quarter. Royce & Associates LP now owns 422,463 shares of the specialty retailer’s stock worth $10,422,000 after purchasing an additional 119,282 shares in the last quarter. Paradigm Capital Management Inc. NY lifted its stake in J.Jill by 109.3% in the second quarter. Paradigm Capital Management Inc. NY now owns 346,856 shares of the specialty retailer’s stock valued at $12,130,000 after buying an additional 181,116 shares during the period. Marshall Wace LLP boosted its holdings in shares of J.Jill by 539.4% during the 2nd quarter. Marshall Wace LLP now owns 304,273 shares of the specialty retailer’s stock worth $10,640,000 after buying an additional 256,687 shares in the last quarter. Finally, Divisadero Street Capital Management LP acquired a new stake in shares of J.Jill during the 2nd quarter worth approximately $7,120,000. Institutional investors and hedge funds own 40.71% of the company’s stock.

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.

Featured Articles