J.Jill’s (JILL) “Market Perform” Rating Reaffirmed at Telsey Advisory Group

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

J.Jill Trading Down 2.1 %

J.Jill stock opened at $19.18 on Wednesday. The firm has a 50 day moving average of $25.43 and a 200 day moving average of $25.97. The firm has a market capitalization of $294.14 million, a price-to-earnings ratio of 6.78 and a beta of 0.55. J.Jill has a 12-month low of $19.13 and a 12-month high of $40.61. The company has a current ratio of 0.97, a quick ratio of 0.49 and a debt-to-equity ratio of 0.67.

J.Jill (NYSE:JILL) last released its earnings results on Wednesday, December 11th. The specialty retailer reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.09. J.Jill had a net margin of 6.80% and a return on equity of 71.30%. As a group, research analysts predict that J.Jill will post 3.36 earnings per share for the current year.

Insider Buying and Selling

In other J.Jill news, CEO Claire Spofford sold 5,000 shares of the stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $26.57, for a total transaction of $132,850.00. Following the completion of the sale, the chief executive officer now directly owns 132,205 shares of the company’s stock, valued at $3,512,686.85. This trade represents a 3.64 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In the last ninety days, insiders sold 15,000 shares of company stock valued at $399,400. 6.70% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On J.Jill

A number of institutional investors have recently added to or reduced their stakes in JILL. BNP Paribas Financial Markets purchased a new stake in J.Jill during the 4th quarter valued at approximately $29,000. Deutsche Bank AG grew its holdings in J.Jill by 1,507.4% during the 4th quarter. Deutsche Bank AG now owns 1,736 shares of the specialty retailer’s stock valued at $48,000 after buying an additional 1,628 shares in the last quarter. Aster Capital Management DIFC Ltd purchased a new stake in J.Jill during the 4th quarter valued at approximately $67,000. Meeder Asset Management Inc. grew its holdings in J.Jill by 196.6% during the 3rd quarter. Meeder Asset Management Inc. now owns 2,847 shares of the specialty retailer’s stock valued at $70,000 after buying an additional 1,887 shares in the last quarter. Finally, Wells Fargo & Company MN grew its holdings in J.Jill by 51.2% during the 4th quarter. Wells Fargo & Company MN now owns 2,907 shares of the specialty retailer’s stock valued at $80,000 after buying an additional 985 shares in the last quarter. 40.71% of the stock is owned by hedge funds and other 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.