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

J.Jill, Inc. (NYSE:JILL) CEO Claire Spofford sold 5,000 shares of the company’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $26.98, for a total value of $134,900.00. Following the sale, the chief executive officer now owns 151,812 shares of the company’s stock, valued at $4,095,887.76. This represents a 3.19 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Thursday, December 12th, Claire Spofford sold 6,601 shares of J.Jill stock. The stock was sold at an average price of $28.75, for a total transaction of $189,778.75.

J.Jill Trading Down 5.4 %

J.Jill stock opened at $25.68 on Thursday. The company has a quick ratio of 0.44, a current ratio of 0.89 and a debt-to-equity ratio of 0.76. The firm has a 50-day moving average price of $25.86 and a two-hundred day moving average price of $30.17. The firm has a market capitalization of $393.93 million, a price-to-earnings ratio of 9.07 and a beta of 0.64. J.Jill, Inc. has a 52-week low of $23.06 and a 52-week high of $40.61.

J.Jill Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Thursday, December 26th will be given a $0.07 dividend. The ex-dividend date is Thursday, December 26th. This represents a $0.28 dividend on an annualized basis and a yield of 1.09%. J.Jill’s dividend payout ratio is presently 9.89%.

Institutional Trading of J.Jill

A number of institutional investors have recently made changes to their positions in the stock. Franklin Resources Inc. raised its holdings in J.Jill by 13.5% during the third quarter. Franklin Resources Inc. now owns 149,052 shares of the specialty retailer’s stock worth $3,616,000 after purchasing an additional 17,744 shares in the last quarter. Barclays PLC lifted its holdings in shares of J.Jill by 76.0% in the third quarter. Barclays PLC now owns 14,363 shares of the specialty retailer’s stock valued at $355,000 after buying an additional 6,202 shares during the period. Geode Capital Management LLC boosted its stake in J.Jill by 28.6% during the third quarter. Geode Capital Management LLC now owns 140,762 shares of the specialty retailer’s stock valued at $3,473,000 after buying an additional 31,265 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new position in J.Jill during the third quarter worth about $606,000. Finally, Jane Street Group LLC bought a new stake in J.Jill in the third quarter worth about $256,000. 40.71% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on JILL. Jefferies Financial Group decreased their price target on shares of J.Jill from $44.00 to $40.00 and set a “buy” rating for the company in a research report on Wednesday, September 4th. Telsey Advisory Group reiterated a “market perform” rating and issued a $31.00 price objective on shares of J.Jill in a report on Thursday, December 12th. Finally, TD Cowen cut their target price on J.Jill from $37.00 to $32.00 and set a “hold” rating on the stock in a research report on Thursday, September 5th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently 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.