J.Jill’s (JILL) Market Perform Rating Reaffirmed at Telsey Advisory Group

Telsey Advisory Group reaffirmed their market perform rating on shares of J.Jill (NYSE:JILL) in a research report released on Wednesday morning,Benzinga reports. Telsey Advisory Group currently has a $31.00 price objective on the specialty retailer’s stock.

J.Jill Trading Up 4.9 %

Shares of NYSE JILL opened at $19.53 on Wednesday. The company has a quick ratio of 0.49, a current ratio of 0.97 and a debt-to-equity ratio of 0.67. J.Jill has a 12 month low of $18.04 and a 12 month high of $40.61. The company has a market cap of $299.59 million, a price-to-earnings ratio of 6.90 and a beta of 0.55. The business has a fifty day simple moving average of $24.55 and a 200-day simple moving average of $25.45.

Insider Buying and Selling at J.Jill

In other J.Jill news, CEO Claire Spofford sold 5,000 shares of J.Jill stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $26.57, for a total transaction 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. The trade was a 3.64 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 6.70% of the company’s stock.

Institutional Trading of J.Jill

A number of hedge funds have recently modified their holdings of the business. BNP Paribas Financial Markets acquired a new position in J.Jill during the fourth quarter valued at $29,000. Deutsche Bank AG grew its stake in J.Jill by 1,507.4% during the 4th quarter. Deutsche Bank AG now owns 1,736 shares of the specialty retailer’s stock valued at $48,000 after acquiring an additional 1,628 shares in the last quarter. Aster Capital Management DIFC Ltd acquired a new position in shares of J.Jill in the 4th quarter valued at about $67,000. Meeder Asset Management Inc. increased its holdings in shares of J.Jill by 196.6% in the 3rd quarter. Meeder Asset Management Inc. now owns 2,847 shares of the specialty retailer’s stock valued at $70,000 after purchasing an additional 1,887 shares during the period. Finally, Wells Fargo & Company MN lifted its position in shares of J.Jill by 51.2% in the fourth quarter. Wells Fargo & Company MN now owns 2,907 shares of the specialty retailer’s stock worth $80,000 after purchasing an additional 985 shares in the last quarter. Hedge funds and other institutional investors own 40.71% of the company’s stock.

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.