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

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

J.Jill Stock Performance

Shares of J.Jill stock opened at $27.12 on Wednesday. J.Jill, Inc. has a 12 month low of $23.06 and a 12 month high of $40.61. The firm has a market capitalization of $416.02 million, a P/E ratio of 9.58 and a beta of 0.64. 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 business has a fifty day simple moving average of $25.83 and a two-hundred day simple moving average of $30.20.

J.Jill Announces Dividend

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

Institutional Investors Weigh In On J.Jill

Several hedge funds have recently bought and sold shares of the business. Renaissance Technologies LLC lifted its holdings in shares of J.Jill by 7.0% during 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 last quarter. Royce & Associates LP increased its position in J.Jill by 39.3% during the 3rd quarter. Royce & Associates LP now owns 422,463 shares of the specialty retailer’s stock valued at $10,422,000 after buying an additional 119,282 shares in the last quarter. Paradigm Capital Management Inc. NY raised its stake in J.Jill by 109.3% during the second quarter. Paradigm Capital Management Inc. NY now owns 346,856 shares of the specialty retailer’s stock valued at $12,130,000 after buying an additional 181,116 shares during the last quarter. Marshall Wace LLP boosted its holdings in J.Jill by 539.4% in the second quarter. Marshall Wace LLP now owns 304,273 shares of the specialty retailer’s stock worth $10,640,000 after acquiring an additional 256,687 shares in the last quarter. Finally, Divisadero Street Capital Management LP purchased a new stake in shares of J.Jill in the second quarter worth $7,120,000. Institutional investors own 40.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on JILL. Jefferies Financial Group decreased their target price on J.Jill from $44.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, September 4th. Telsey Advisory Group restated a “market perform” rating and issued a $31.00 price objective on shares of J.Jill in a report on Thursday, December 12th. Finally, TD Cowen cut their target price on shares of J.Jill from $37.00 to $32.00 and set a “hold” rating on the stock in a research note on Thursday, September 5th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target 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.