J.Jill, Inc. (NYSE:JILL) CEO Claire Spofford Sells 5,000 Shares of Stock

J.Jill, Inc. (NYSE:JILL) CEO Claire Spofford sold 5,000 shares of J.Jill stock in a transaction that occurred on Wednesday, January 15th. The stock was 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 approximately $3,512,686.85. This trade represents a 3.64 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Claire Spofford also recently made the following trade(s):

• On Monday, January 13th, Claire Spofford sold 5,000 shares of J.Jill stock. The stock was sold at an average price of $26.33, for a total value of $131,650.00.
• On Monday, December 16th, Claire Spofford sold 5,000 shares of J.Jill stock. The stock was sold at an average price of $26.98, for a total value of $134,900.00.
• On Thursday, December 12th, Claire Spofford sold 6,601 shares of J.Jill stock. The shares were sold at an average price of $28.75, for a total value of $189,778.75.

J.Jill Stock Performance

Shares of NYSE JILL opened at $27.22 on Friday. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.97 and a quick ratio of 0.49. J.Jill, Inc. has a 1 year low of $23.06 and a 1 year high of $40.61. The firm has a fifty day moving average price of $26.86 and a 200-day moving average price of $28.96. The stock has a market cap of $417.60 million, a PE ratio of 9.62 and a beta of 0.69.

J.Jill Announces Dividend

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 of this dividend was Thursday, December 26th. This represents a $0.28 annualized dividend and a dividend yield of 1.03%. J.Jill’s payout ratio is 9.89%.

Institutional Trading of J.Jill

Several institutional investors have recently made changes to their positions in JILL. Marshall Wace LLP boosted its stake in J.Jill by 539.4% in the 2nd quarter. Marshall Wace LLP now owns 304,273 shares of the specialty retailer’s stock worth $10,640,000 after purchasing an additional 256,687 shares during the period. Divisadero Street Capital Management LP bought a new position in shares of J.Jill during the second quarter worth $7,120,000. Paradigm Capital Management Inc. NY grew its stake in J.Jill by 109.3% during the second quarter. Paradigm Capital Management Inc. NY now owns 346,856 shares of the specialty retailer’s stock valued at $12,130,000 after acquiring an additional 181,116 shares in the last quarter. Royce & Associates LP increased its holdings in J.Jill by 39.3% in the 3rd quarter. Royce & Associates LP now owns 422,463 shares of the specialty retailer’s stock valued at $10,422,000 after acquiring an additional 119,282 shares during the last quarter. Finally, Ghisallo Capital Management LLC purchased a new stake in J.Jill in the 2nd quarter worth $3,147,000. Hedge funds and other institutional investors own 40.71% of the company’s stock.

Analysts Set New Price Targets

Separately, Telsey Advisory Group reaffirmed a “market perform” rating and set a $31.00 price target on shares of J.Jill in a research report on Thursday, December 12th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, J.Jill has a consensus rating of “Moderate Buy” and an average price target of $38.17.

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.