Brokerages Set J.Jill, Inc. (NYSE:JILL) PT at $38.17

J.Jill, Inc. (NYSE:JILL) has earned an average recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $38.17.

Several brokerages have weighed in on JILL. Jefferies Financial Group decreased their price objective on shares of J.Jill from $44.00 to $40.00 and set a “buy” rating on the stock in a research note on Wednesday, September 4th. TD Cowen decreased their price target 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. Finally, Telsey Advisory Group reiterated a “market perform” rating and issued a $31.00 price objective on shares of J.Jill in a research report on Thursday, December 12th.

J.Jill Stock Up 1.6 %

JILL opened at $27.12 on Friday. The firm has a market cap of $416.02 million, a price-to-earnings ratio of 9.58 and a beta of 0.64. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.44 and a current ratio of 0.89. The firm’s 50-day simple moving average is $25.83 and its 200-day simple moving average is $30.20. J.Jill has a twelve month low of $23.06 and a twelve month high of $40.61.

J.Jill Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th will be issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.03%. The ex-dividend date of this dividend is Thursday, December 26th. J.Jill’s dividend payout ratio is 9.89%.

Insider Buying and Selling at J.Jill

In related news, CEO Claire Spofford sold 6,601 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $28.75, for a total transaction of $189,778.75. Following the completion of the sale, the chief executive officer now directly owns 161,812 shares of the company’s stock, valued at $4,652,095. The trade was a 3.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Mark W. Webb sold 6,740 shares of the stock in a transaction that occurred 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 completion of the transaction, the chief financial officer now owns 97,188 shares in the company, valued at $2,773,745.52. This represents a 6.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 6.70% of the company’s stock.

Institutional Investors Weigh In On J.Jill

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

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.