J.Jill’s (JILL) Market Perform Rating Reiterated at Telsey Advisory Group

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

Several other research analysts have also recently weighed in on JILL. Jefferies Financial Group reduced their price target on shares of J.Jill from $44.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, September 4th. TD Cowen dropped their price target on J.Jill from $37.00 to $32.00 and set a “hold” rating on the stock in a research note on Thursday, September 5th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $38.17.

J.Jill Trading Down 5.7 %

NYSE:JILL opened at $26.63 on Thursday. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.89 and a quick ratio of 0.44. The business’s 50-day simple moving average is $25.71 and its 200-day simple moving average is $30.32. J.Jill has a fifty-two week low of $23.06 and a fifty-two week high of $40.61. The stock has a market capitalization of $401.58 million, a PE ratio of 9.41 and a beta of 0.64.

J.Jill Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th will be paid a dividend of $0.07 per share. The ex-dividend date is Thursday, December 26th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.05%. J.Jill’s dividend payout ratio is 9.89%.

Insider Activity at J.Jill

In related news, CFO Mark W. Webb sold 6,740 shares of the business’s 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 transaction, the chief financial officer now directly owns 97,188 shares in the company, valued at approximately $2,773,745.52. The trade was a 6.49 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 modified their holdings of JILL. Point72 Asia Singapore Pte. Ltd. acquired a new stake in J.Jill in the 2nd quarter valued at about $26,000. CWM LLC bought a new position in shares of J.Jill during the 2nd quarter worth approximately $29,000. Meeder Asset Management Inc. bought a new position in shares of J.Jill during the 2nd quarter worth approximately $34,000. Allspring Global Investments Holdings LLC acquired a new position in shares of J.Jill during the 2nd quarter worth approximately $81,000. Finally, Banque Cantonale Vaudoise raised its stake in J.Jill by 58.4% in the 3rd quarter. Banque Cantonale Vaudoise now owns 6,272 shares of the specialty retailer’s stock valued at $155,000 after acquiring an additional 2,312 shares during the period. Institutional investors own 40.71% of the company’s stock.

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.