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

Shares of J.Jill, Inc. (NYSE:JILL) have received an average recommendation of “Moderate Buy” from the seven analysts that are covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $38.17.

JILL has been the topic of a number of recent research reports. Telsey Advisory Group restated a “market perform” rating and issued a $31.00 target price on shares of J.Jill in a research note on Thursday. Jefferies Financial Group lowered their price target on J.Jill from $44.00 to $40.00 and set a “buy” rating for the company in a research note on Wednesday, September 4th. Finally, TD Cowen dropped their price objective on J.Jill from $37.00 to $32.00 and set a “hold” rating on the stock in a report on Thursday, September 5th.

J.Jill Trading Down 5.7 %

NYSE JILL opened at $26.63 on Friday. The company has a current ratio of 0.89, a quick ratio of 0.44 and a debt-to-equity ratio of 0.76. J.Jill has a 1-year low of $23.06 and a 1-year high of $40.61. The firm’s fifty day simple moving average is $25.71 and its 200-day simple moving average is $30.32. The company has a market capitalization of $401.58 million, a PE ratio of 9.41 and a beta of 0.64.

J.Jill Dividend Announcement

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

Insider Buying and Selling

In other J.Jill news, CFO Mark W. Webb sold 6,740 shares of the business’s stock in a transaction 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 completion of 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 6.70% of the company’s stock.

Hedge Funds Weigh In On J.Jill

A number of institutional investors have recently made changes to their positions in JILL. CWM LLC acquired a new stake in J.Jill in the 2nd quarter valued at approximately $29,000. SG Americas Securities LLC acquired a new position in J.Jill during the 2nd quarter valued at $1,035,000. Allspring Global Investments Holdings LLC bought a new stake in J.Jill in the 2nd quarter valued at $81,000. Ritholtz Wealth Management grew its position in J.Jill by 2.3% in the 2nd quarter. Ritholtz Wealth Management now owns 13,664 shares of the specialty retailer’s stock worth $478,000 after purchasing an additional 312 shares during the last quarter. Finally, Privium Fund Management UK Ltd bought a new position in shares of J.Jill during the 2nd quarter worth about $1,097,000. 40.71% of the stock is currently owned by 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.