J.Jill, Inc. (NYSE:JILL) CEO Claire Spofford Sells 6,601 Shares

J.Jill, Inc. (NYSE:JILL) CEO Claire Spofford sold 6,601 shares of J.Jill stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $28.75, for a total transaction of $189,778.75. Following the completion of the transaction, the chief executive officer now owns 161,812 shares of the company’s stock, valued at $4,652,095. This trade represents a 3.92 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

J.Jill Trading Up 0.1 %

Shares of NYSE:JILL traded up $0.02 during trading on Monday, hitting $26.65. 110,107 shares of the company’s stock were exchanged, compared to its average volume of 135,022. The company has a current ratio of 0.89, a quick ratio of 0.44 and a debt-to-equity ratio of 0.76. The firm has a market cap of $401.88 million, a P/E ratio of 9.42 and a beta of 0.64. The firm has a 50-day moving average price of $25.76 and a two-hundred day moving average price of $30.25. J.Jill, Inc. has a 1-year low of $23.06 and a 1-year high of $40.61.

J.Jill Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Thursday, December 26th will be issued a $0.07 dividend. The ex-dividend date is Thursday, December 26th. This represents a $0.28 dividend on an annualized basis and a yield of 1.05%. J.Jill’s dividend payout ratio is presently 9.89%.

Institutional Inflows and Outflows

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

Wall Street Analyst Weigh In

A number of research firms recently weighed in on JILL. Telsey Advisory Group reaffirmed a “market perform” rating and set a $31.00 price target on shares of J.Jill in a report on Thursday. Jefferies Financial Group cut their price target on J.Jill from $44.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, September 4th. Finally, TD Cowen decreased their price objective on shares of J.Jill from $37.00 to $32.00 and set a “hold” rating on the stock in a report on Thursday, September 5th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, J.Jill presently has an average rating of “Moderate Buy” and an average target price 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.