Barclays PLC Purchases 6,202 Shares of J.Jill, Inc. (NYSE:JILL)

Barclays PLC boosted its position in J.Jill, Inc. (NYSE:JILL) by 76.0% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,363 shares of the specialty retailer’s stock after purchasing an additional 6,202 shares during the quarter. Barclays PLC’s holdings in J.Jill were worth $355,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Point72 Asia Singapore Pte. Ltd. bought a new position in J.Jill in the second quarter worth about $26,000. Meeder Asset Management Inc. purchased a new stake in shares of J.Jill during the second quarter worth about $34,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of J.Jill during the second quarter worth about $81,000. Banque Cantonale Vaudoise grew its stake in shares of J.Jill by 58.4% during the third quarter. Banque Cantonale Vaudoise now owns 6,272 shares of the specialty retailer’s stock worth $155,000 after acquiring an additional 2,312 shares during the last quarter. Finally, American Century Companies Inc. grew its stake in shares of 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. 40.71% of the stock is currently owned by institutional investors.

J.Jill Price Performance

Shares of NYSE JILL opened at $28.19 on Friday. The business’s 50 day moving average price is $26.41 and its 200 day moving average price is $29.43. The firm has a market cap of $432.43 million, a P/E ratio of 9.96 and a beta of 0.69. J.Jill, Inc. has a 52 week low of $23.06 and a 52 week high of $40.61. The company has a quick ratio of 0.44, a current ratio of 0.97 and a debt-to-equity ratio of 0.67.

J.Jill Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th will be issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date of this dividend is Thursday, December 26th. J.Jill’s payout ratio is presently 9.89%.

Analysts Set New Price Targets

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

Insider Buying and Selling at J.Jill

In other J.Jill news, CFO Mark W. Webb sold 6,740 shares of the business’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $28.54, for a total value of $192,359.60. Following the completion of the transaction, the chief financial officer now directly owns 97,188 shares of the company’s stock, valued at approximately $2,773,745.52. The trade was a 6.49 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Claire Spofford sold 5,000 shares of the business’s stock in a transaction that occurred 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 directly 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. Over the last ninety days, insiders sold 18,341 shares of company stock valued at $517,038. 6.70% of the stock is owned by company insiders.

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.