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

Shares of J.Jill, Inc. (NYSE:JILL) have been assigned an average recommendation of “Moderate Buy” from the six research firms that are currently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $38.17.

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

J.Jill Stock Up 1.4 %

JILL opened at $27.47 on Thursday. The firm has a market capitalization of $421.39 million, a P/E ratio of 9.71 and a beta of 0.69. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.97 and a quick ratio of 0.44. The company has a fifty day moving average price of $26.70 and a 200-day moving average price of $29.19. J.Jill has a one year low of $23.06 and a one year high of $40.61.

J.Jill Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were given a dividend of $0.07 per share. The ex-dividend date was Thursday, December 26th. This represents a $0.28 annualized dividend and a yield of 1.02%. J.Jill’s payout ratio is 9.89%.

Insider Buying and Selling

In other news, CEO Claire Spofford sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $26.98, for a total transaction of $134,900.00. Following the transaction, the chief executive officer now directly owns 151,812 shares of the company’s stock, valued at approximately $4,095,887.76. The trade was a 3.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Mark W. Webb sold 6,740 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $28.54, for a total value of $192,359.60. Following the transaction, the chief financial officer now owns 97,188 shares of the company’s stock, valued at approximately $2,773,745.52. This represents a 6.49 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 18,341 shares of company stock valued at $517,038 over the last three months. 6.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On J.Jill

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Renaissance Technologies LLC grew its holdings in shares of J.Jill by 7.0% during the 2nd quarter. Renaissance Technologies LLC now owns 480,056 shares of the specialty retailer’s stock worth $16,788,000 after acquiring an additional 31,400 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in J.Jill by 502.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 77,144 shares of the specialty retailer’s stock worth $1,903,000 after purchasing an additional 64,335 shares in the last quarter. Resolute Capital Asset Partners LLC purchased a new position in J.Jill during the second quarter valued at $1,749,000. Geode Capital Management LLC boosted its holdings in shares of J.Jill by 28.6% during the 3rd quarter. Geode Capital Management LLC now owns 140,762 shares of the specialty retailer’s stock valued at $3,473,000 after buying an additional 31,265 shares in the last quarter. Finally, Ghisallo Capital Management LLC purchased a new stake in shares of J.Jill in the 2nd quarter worth about $3,147,000. Hedge funds and other 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.