Telsey Advisory Group Reaffirms “Market Perform” Rating for J.Jill (NYSE:JILL)

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

A number of other equities analysts have also recently commented on the stock. Jefferies Financial Group cut their target price on shares of J.Jill from $44.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, September 4th. TD Cowen decreased their price objective on shares of J.Jill from $37.00 to $32.00 and set a “hold” rating for the company in a research note on Thursday, September 5th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, J.Jill has a consensus rating of “Moderate Buy” and an average price target of $38.17.

J.Jill Stock Up 2.0 %

Shares of NYSE:JILL opened at $28.21 on Thursday. 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 company has a market capitalization of $425.41 million, a price-to-earnings ratio of 9.97 and a beta of 0.64. The business has a 50-day moving average price of $25.67 and a 200 day moving average price of $30.37. J.Jill has a 12-month low of $23.06 and a 12-month high of $40.61.

J.Jill Dividend Announcement

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

Insider Transactions at J.Jill

In related news, CFO Mark W. Webb sold 6,740 shares of the 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 in the company, valued at approximately $2,773,745.52. This represents a 6.49 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 6.70% of the stock is owned by corporate insiders.

Institutional Trading of J.Jill

Several institutional investors and hedge funds have recently modified their holdings of the business. Point72 Asia Singapore Pte. Ltd. acquired a new position in J.Jill in the second quarter valued at $26,000. CWM LLC bought a new position in J.Jill in the 2nd quarter valued at about $29,000. Meeder Asset Management Inc. bought a new stake in J.Jill during the second quarter worth $34,000. Allspring Global Investments Holdings LLC bought a new stake in shares of J.Jill in the 2nd quarter worth $81,000. Finally, Banque Cantonale Vaudoise grew its position in J.Jill by 58.4% in the 3rd quarter. Banque Cantonale Vaudoise now owns 6,272 shares of the specialty retailer’s stock worth $155,000 after purchasing an additional 2,312 shares in the last quarter. 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.