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 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 value of $132,850.00. Following the transaction, the chief executive officer now directly owns 132,205 shares in the company, 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 Securities & Exchange Commission, 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 transaction of $131,650.00.
• On Monday, December 16th, Claire Spofford sold 5,000 shares of J.Jill stock. The shares were sold at an average price of $26.98, for a total transaction of $134,900.00.
• 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 Stock Performance

NYSE:JILL traded up $0.40 during midday trading on Friday, reaching $27.22. The stock had a trading volume of 81,200 shares, compared to its average volume of 94,145. The company has a quick ratio of 0.49, a current ratio of 0.97 and a debt-to-equity ratio of 0.67. The stock has a market cap of $417.60 million, a P/E ratio of 9.62 and a beta of 0.69. The firm has a fifty day simple moving average of $26.82 and a two-hundred day simple moving average of $29.02. J.Jill, Inc. has a 12-month low of $23.06 and a 12-month high of $40.61.

J.Jill Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were issued a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.03%. The ex-dividend date was Thursday, December 26th. J.Jill’s payout ratio is 9.89%.

Wall Street Analysts Forecast Growth

Separately, Telsey Advisory Group reiterated a “market perform” rating and set a $31.00 target price on shares of J.Jill in a research note on Thursday, December 12th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, J.Jill currently has an average rating of “Moderate Buy” and an average target price of $38.17.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Renaissance Technologies LLC boosted its holdings in J.Jill by 7.0% in the 2nd quarter. Renaissance Technologies LLC now owns 480,056 shares of the specialty retailer’s stock valued at $16,788,000 after purchasing an additional 31,400 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of J.Jill by 502.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 77,144 shares of the specialty retailer’s stock valued at $1,903,000 after buying an additional 64,335 shares during the period. Geode Capital Management LLC boosted its stake in shares of J.Jill by 28.6% in 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. Resolute Capital Asset Partners LLC acquired a new position in J.Jill during the second quarter worth $1,749,000. Finally, Ghisallo Capital Management LLC purchased a new position in J.Jill in the second quarter worth $3,147,000. 40.71% of the stock is owned by hedge funds and other institutional investors.

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.