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

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

J.Jill Stock Performance

Shares of JILL stock opened at $19.53 on Wednesday. J.Jill has a fifty-two week low of $18.04 and a fifty-two week high of $40.61. The stock’s 50-day moving average is $24.55 and its two-hundred day moving average is $25.45. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.97 and a quick ratio of 0.49. The firm has a market cap of $299.59 million, a P/E ratio of 6.90 and a beta of 0.55.

Insider Activity at J.Jill

In other news, CEO Claire Spofford sold 5,000 shares of the stock in a transaction 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 transaction, the chief executive officer now owns 132,205 shares in the company, valued at $3,512,686.85. This represents a 3.64 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 6.70% of the company’s stock.

Institutional Investors Weigh In On J.Jill

Institutional investors and hedge funds have recently modified their holdings of the business. Jefferies Financial Group Inc. bought a new position in J.Jill during the fourth quarter valued at about $2,211,000. Paradigm Capital Management Inc. NY raised its stake in shares of J.Jill by 45.0% in the 4th quarter. Paradigm Capital Management Inc. NY now owns 921,300 shares of the specialty retailer’s stock valued at $25,446,000 after acquiring an additional 285,715 shares in the last quarter. State of Wyoming bought a new position in shares of J.Jill in the 4th quarter valued at approximately $114,000. Man Group plc acquired a new stake in J.Jill in the 4th quarter worth approximately $1,331,000. Finally, Nuveen Asset Management LLC bought a new stake in J.Jill during the fourth quarter worth approximately $206,000. Institutional investors and hedge funds 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.