Insider Selling: J.Jill, Inc. (NYSE:JILL) CEO Sells $189,778.75 in Stock

J.Jill, Inc. (NYSE:JILL) CEO Claire Spofford sold 6,601 shares of the company’s stock in a transaction on 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 of the company’s stock, valued at $4,652,095. The trade was a 3.92 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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 Trading Down 5.4 %

Shares of J.Jill stock opened at $25.68 on Thursday. J.Jill, Inc. has a fifty-two week low of $23.06 and a fifty-two week high of $40.61. 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 has a market capitalization of $393.93 million, a price-to-earnings ratio of 9.07 and a beta of 0.64. The stock has a 50 day moving average of $25.86 and a 200 day moving average of $30.17.

J.Jill Dividend Announcement

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

Institutional Trading of J.Jill

Institutional investors and hedge funds have recently bought and sold shares of the stock. 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 valued at $478,000 after acquiring an additional 312 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of J.Jill during the 2nd quarter worth approximately $26,000. CWM LLC acquired a new stake in J.Jill in the 2nd quarter valued at approximately $29,000. American Century Companies Inc. raised its position in J.Jill by 13.8% in the second quarter. American Century Companies Inc. now owns 7,676 shares of the specialty retailer’s stock valued at $268,000 after purchasing an additional 930 shares during the period. Finally, Meeder Asset Management Inc. acquired a new position in J.Jill during the second quarter worth $34,000. 40.71% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have commented on JILL shares. Jefferies Financial Group cut their price objective on shares of J.Jill from $44.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, September 4th. Telsey Advisory Group restated a “market perform” rating and issued a $31.00 price target on shares of J.Jill in a research report on Thursday, December 12th. Finally, TD Cowen lowered their price objective on J.Jill from $37.00 to $32.00 and set a “hold” rating on the stock in a research note 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 MarketBeat, J.Jill presently has an average 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.