Insider Selling: J.Jill, Inc. (NYSE:JILL) CEO Sells 5,000 Shares of Stock

J.Jill, Inc. (NYSE:JILL) CEO Claire Spofford sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $26.57, for a total value of $132,850.00. Following the completion of the transaction, the chief executive officer now directly owns 132,205 shares of the company’s stock, valued at $3,512,686.85. The trade was a 3.64 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Claire Spofford also recently made the following trade(s):

• On Monday, January 13th, Claire Spofford sold 5,000 shares of J.Jill stock. The shares were sold at an average price of $26.33, for a total value of $131,650.00.
• On Monday, December 16th, Claire Spofford sold 5,000 shares of J.Jill stock. The stock was sold at an average price of $26.98, for a total value of $134,900.00.
• On Thursday, December 12th, Claire Spofford sold 6,601 shares of J.Jill stock. The shares were sold at an average price of $28.75, for a total transaction of $189,778.75.

J.Jill Price Performance

Shares of JILL traded up $0.40 during trading hours on Friday, reaching $27.22. 81,200 shares of the company traded hands, compared to its average volume of 94,145. The stock has a fifty day simple moving average of $26.82 and a 200 day simple moving average of $29.02. J.Jill, Inc. has a fifty-two week low of $23.06 and a fifty-two week high of $40.61. The stock has a market capitalization of $417.60 million, a PE ratio of 9.62 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.

J.Jill Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Thursday, December 26th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.03%. J.Jill’s dividend payout ratio (DPR) is presently 9.89%.

Hedge Funds Weigh In On J.Jill

A number of institutional investors have recently modified their holdings of JILL. American Century Companies Inc. boosted its position in J.Jill by 13.8% during the second quarter. American Century Companies Inc. now owns 7,676 shares of the specialty retailer’s stock worth $268,000 after acquiring an additional 930 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of J.Jill by 2.9% during the second quarter. Dimensional Fund Advisors LP now owns 191,023 shares of the specialty retailer’s stock worth $6,679,000 after purchasing an additional 5,409 shares during the last quarter. Renaissance Technologies LLC grew its position in shares of J.Jill by 7.0% in the second quarter. Renaissance Technologies LLC now owns 480,056 shares of the specialty retailer’s stock valued at $16,788,000 after purchasing an additional 31,400 shares during the period. XTX Topco Ltd grew its position in shares of J.Jill by 40.8% in the second quarter. XTX Topco Ltd now owns 8,926 shares of the specialty retailer’s stock valued at $312,000 after purchasing an additional 2,585 shares during the period. Finally, Resolute Capital Asset Partners LLC acquired a new position in J.Jill in the second quarter valued at $1,749,000. Institutional investors and hedge funds own 40.71% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Telsey Advisory Group restated a “market perform” rating and set a $31.00 target price on shares of J.Jill in a research report on Thursday, December 12th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $38.17.

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.