Telsey Advisory Group Reiterates “Market Perform” Rating for J.Jill (NYSE:JILL)

J.Jill (NYSE:JILL)‘s stock had its “market perform” rating restated by Telsey Advisory Group in a report released on Thursday,Benzinga reports. They presently have a $31.00 target price on the specialty retailer’s stock. Telsey Advisory Group’s price target points to a potential upside of 16.41% from the stock’s current price.

JILL has been the topic of several other reports. TD Cowen lowered their price target on J.Jill from $37.00 to $32.00 and set a “hold” rating on the stock in a report on Thursday, September 5th. Jefferies Financial Group lowered their target price on J.Jill from $44.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, September 4th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $38.17.

J.Jill Stock Down 5.7 %

JILL opened at $26.63 on Thursday. The stock has a market capitalization of $401.58 million, a price-to-earnings ratio of 9.41 and a beta of 0.64. The firm has a 50 day moving average price of $25.71 and a 200-day moving average price of $30.33. J.Jill has a twelve month low of $23.06 and a twelve month high of $40.61. The company has a quick ratio of 0.44, a current ratio of 0.89 and a debt-to-equity ratio of 0.76.

Insider Buying and Selling at J.Jill

In other J.Jill news, CFO Mark W. Webb sold 6,740 shares of J.Jill 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 transaction, the chief financial officer now 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 6.70% of the stock is currently owned by corporate insiders.

Institutional Trading of J.Jill

A number of hedge funds and other institutional investors have recently modified their holdings of JILL. Point72 Asia Singapore Pte. Ltd. bought a new position in J.Jill in the 2nd quarter worth $26,000. CWM LLC purchased a new stake in shares of J.Jill during the second quarter worth about $29,000. Meeder Asset Management Inc. bought a new stake in J.Jill during the 2nd quarter valued at approximately $34,000. Allspring Global Investments Holdings LLC purchased a new position in J.Jill in the 2nd quarter worth approximately $81,000. Finally, Banque Cantonale Vaudoise boosted its stake in 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 period. 40.71% of the stock is owned by hedge funds and other institutional investors.

J.Jill Company Profile

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.