J.Jill’s (JILL) Market Perform Rating Reiterated at Telsey Advisory Group

Telsey Advisory Group restated their market perform rating on shares of J.Jill (NYSE:JILL) in a research report released on Friday,Benzinga reports. Telsey Advisory Group currently has a $31.00 price target on the specialty retailer’s stock.

Several other equities analysts also recently weighed in on JILL. TD Cowen lowered their price target 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. Jefferies Financial Group reduced their price objective on shares of J.Jill from $44.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday, September 4th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $38.17.

J.Jill Price Performance

Shares of NYSE:JILL opened at $27.72 on Friday. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.89 and a quick ratio of 0.44. J.Jill has a 1-year low of $23.06 and a 1-year high of $40.61. The company has a market capitalization of $418.13 million, a P/E ratio of 9.80 and a beta of 0.64. The firm’s 50 day simple moving average is $25.40 and its two-hundred day simple moving average is $30.47.

J.Jill Dividend Announcement

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 $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 1.01%. The ex-dividend date is Thursday, December 26th. J.Jill’s dividend payout ratio is presently 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 transaction, the chief financial officer now owns 97,188 shares in the company, valued at $2,773,745.52. The trade was a 6.49 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 6.70% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Franklin Resources Inc. increased its position in J.Jill by 13.5% during the third quarter. Franklin Resources Inc. now owns 149,052 shares of the specialty retailer’s stock valued at $3,616,000 after acquiring an additional 17,744 shares during the last quarter. Barclays PLC boosted its stake in shares of J.Jill by 76.0% during the third quarter. Barclays PLC now owns 14,363 shares of the specialty retailer’s stock valued at $355,000 after purchasing an additional 6,202 shares during the period. Geode Capital Management LLC boosted its stake in shares of J.Jill by 28.6% during the third quarter. Geode Capital Management LLC now owns 140,762 shares of the specialty retailer’s stock valued at $3,473,000 after purchasing an additional 31,265 shares during the period. Y Intercept Hong Kong Ltd purchased a new stake in shares of J.Jill during the third quarter valued at $606,000. Finally, Jane Street Group LLC purchased a new stake in shares of J.Jill during the third quarter valued at $256,000. Institutional investors own 40.71% of the company’s stock.

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.