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

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

J.Jill Trading Up 1.3 %

Shares of JILL stock opened at $23.74 on Friday. J.Jill has a 12 month low of $23.18 and a 12 month high of $40.61. The company has a quick ratio of 0.49, a current ratio of 0.97 and a debt-to-equity ratio of 0.67. The business’s 50 day moving average is $26.37 and its two-hundred day moving average is $26.77. The company has a market cap of $364.09 million, a PE ratio of 8.39 and a beta of 0.69.

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

J.Jill Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were given a $0.07 dividend. The ex-dividend date was Thursday, December 26th. This represents a $0.28 annualized dividend and a dividend yield of 1.18%. J.Jill’s dividend payout ratio is 9.89%.

Insider Activity

In related news, CEO Claire Spofford sold 5,000 shares of the firm’s stock in a transaction on Monday, December 16th. The stock was 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. This trade represents a 3.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Mark W. Webb sold 6,740 shares of J.Jill stock in a transaction 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 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 disclosure for this sale can be found here. Over the last three months, insiders sold 28,341 shares of company stock valued at $781,538. 6.70% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Ameriprise Financial Inc. lifted its holdings in shares of J.Jill by 1.9% during the fourth quarter. Ameriprise Financial Inc. now owns 34,760 shares of the specialty retailer’s stock valued at $960,000 after acquiring an additional 634 shares during the period. MetLife Investment Management LLC lifted its holdings in shares of J.Jill by 26.8% during the fourth quarter. MetLife Investment Management LLC now owns 3,466 shares of the specialty retailer’s stock valued at $96,000 after acquiring an additional 732 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of J.Jill by 32.9% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,389 shares of the specialty retailer’s stock valued at $94,000 after acquiring an additional 839 shares during the period. Rhumbline Advisers lifted its holdings in shares of J.Jill by 15.5% during the fourth quarter. Rhumbline Advisers now owns 7,079 shares of the specialty retailer’s stock valued at $196,000 after acquiring an additional 950 shares during the period. Finally, Wells Fargo & Company MN lifted its holdings in shares of J.Jill by 51.2% during the fourth quarter. Wells Fargo & Company MN now owns 2,907 shares of the specialty retailer’s stock valued at $80,000 after acquiring an additional 985 shares during the period. 40.71% of the stock is 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.