J.Jill, Inc. (NYSE:JILL) Receives $38.17 Consensus Target Price from Analysts

J.Jill, Inc. (NYSE:JILL) has received an average rating of “Moderate Buy” from the six brokerages that are covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $38.17.

Separately, Telsey Advisory Group restated a “market perform” rating and set a $31.00 price target on shares of J.Jill in a report on Thursday, December 12th.

Insider Transactions at J.Jill

In other 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 transaction of $192,359.60. Following the sale, the chief financial officer now owns 97,188 shares of the company’s stock, valued at approximately $2,773,745.52. This trade represents a 6.49 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Claire Spofford sold 5,000 shares of the company’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $26.98, for a total value of $134,900.00. Following the completion of the transaction, the chief executive officer now owns 151,812 shares of the company’s stock, valued at $4,095,887.76. The trade was a 3.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 28,341 shares of company stock worth $781,538. 6.70% of the stock is currently owned by company insiders.

Institutional Trading of J.Jill

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Point72 Asia Singapore Pte. Ltd. bought a new position in J.Jill during the second quarter worth about $26,000. Meeder Asset Management Inc. grew its stake in shares of J.Jill by 196.6% in the 3rd quarter. Meeder Asset Management Inc. now owns 2,847 shares of the specialty retailer’s stock valued at $70,000 after purchasing an additional 1,887 shares during the period. Banque Cantonale Vaudoise raised its holdings in shares of 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 buying an additional 2,312 shares in the last quarter. Rhumbline Advisers boosted its stake in J.Jill by 15.5% in the 4th quarter. Rhumbline Advisers now owns 7,079 shares of the specialty retailer’s stock valued at $196,000 after buying an additional 950 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in J.Jill in the 3rd quarter valued at $256,000. Institutional investors own 40.71% of the company’s stock.

J.Jill Stock Down 1.5 %

JILL opened at $25.32 on Monday. J.Jill has a twelve month low of $23.66 and a twelve month high of $40.61. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.49 and a current ratio of 0.97. The business has a 50 day moving average price of $27.10 and a 200 day moving average price of $27.83. The firm has a market cap of $388.41 million, a P/E ratio of 8.95 and a beta of 0.69.

J.Jill (NYSE:JILL) last issued its quarterly earnings data on Wednesday, December 11th. The specialty retailer reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.09. J.Jill had a net margin of 6.80% and a return on equity of 71.30%. Research analysts forecast that J.Jill will post 3.36 EPS for the current year.

J.Jill Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date of this dividend was Thursday, December 26th. J.Jill’s dividend payout ratio (DPR) is presently 9.89%.

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.