J.Jill, Inc. (NYSE:JILL) CEO Claire Spofford Sells 6,601 Shares

J.Jill, Inc. (NYSE:JILL) CEO Claire Spofford sold 6,601 shares of the stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $28.75, for a total transaction of $189,778.75. Following the sale, the chief executive officer now directly owns 161,812 shares in the company, valued at $4,652,095. This represents a 3.92 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

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

• 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 transaction of $134,900.00.

J.Jill Stock Down 5.4 %

Shares of NYSE JILL opened at $25.68 on Thursday. The business has a 50-day moving average of $25.86 and a two-hundred day moving average of $30.17. The company 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 1 year low of $23.06 and a 1 year high of $40.61. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.89 and a quick ratio of 0.44.

J.Jill Announces Dividend

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

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Jefferies Financial Group cut their price objective on J.Jill from $44.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday, September 4th. Telsey Advisory Group restated a “market perform” rating and set a $31.00 price target on shares of J.Jill in a report on Thursday, December 12th. Finally, TD Cowen decreased their price objective on J.Jill from $37.00 to $32.00 and set a “hold” rating for the company in a research note on Thursday, September 5th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $38.17.

Hedge Funds Weigh In On J.Jill

Several hedge funds have recently added to or reduced their stakes in JILL. CWM LLC acquired a new position in shares of J.Jill in the 2nd quarter valued at $29,000. SG Americas Securities LLC acquired a new position in J.Jill in the second quarter valued at $1,035,000. Allspring Global Investments Holdings LLC purchased a new position in shares of J.Jill during the second quarter worth about $81,000. Ritholtz Wealth Management increased its position in shares of J.Jill by 2.3% during the second quarter. Ritholtz Wealth Management now owns 13,664 shares of the specialty retailer’s stock worth $478,000 after purchasing an additional 312 shares in the last quarter. Finally, Privium Fund Management UK Ltd purchased a new stake in shares of J.Jill in the 2nd quarter valued at about $1,097,000. 40.71% of the stock is currently owned by hedge funds and other institutional investors.

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.