J.Jill (NYSE:JILL) Coverage Initiated at TD Cowen

TD Cowen started coverage on shares of J.Jill (NYSE:JILL) in a report released on Monday morning, Marketbeat reports. The firm issued a hold rating and a $37.00 target price on the specialty retailer’s stock.

Other equities research analysts also recently issued reports about the stock. Lake Street Capital increased their price target on shares of J.Jill from $38.00 to $44.00 and gave the stock a buy rating in a report on Monday, June 10th. Jefferies Financial Group started coverage on shares of J.Jill in a report on Friday, July 12th. They issued a buy rating and a $44.00 price target for the company. Finally, BTIG Research assumed coverage on shares of J.Jill in a report on Wednesday, July 10th. They issued a buy rating and a $44.00 price target on the stock. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of Moderate Buy and a consensus price target of $41.40.

J.Jill Stock Up 4.8 %

JILL stock opened at $35.57 on Monday. The firm has a market capitalization of $382.31 million, a PE ratio of 10.62 and a beta of 0.65. The company has a quick ratio of 0.67, a current ratio of 1.00 and a debt-to-equity ratio of 2.24. J.Jill has a twelve month low of $22.62 and a twelve month high of $40.61. The stock’s 50 day moving average is $35.88 and its 200-day moving average is $30.53.

J.Jill (NYSE:JILL) last posted its quarterly earnings data on Friday, June 7th. The specialty retailer reported $1.22 EPS for the quarter, beating the consensus estimate of $1.14 by $0.08. J.Jill had a net margin of 7.84% and a return on equity of 136.44%. The firm had revenue of $161.51 million during the quarter, compared to analyst estimates of $160.00 million. Sell-side analysts expect that J.Jill will post 3.44 EPS for the current fiscal year.

Insider Activity at J.Jill

In other J.Jill news, Director Investors Ltd. Towerbrook sold 1,300,000 shares of the firm’s stock in a transaction on Friday, June 14th. The stock was sold at an average price of $31.00, for a total transaction of $40,300,000.00. Following the completion of the transaction, the director now owns 4,021,444 shares of the company’s stock, valued at $124,664,764. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In related news, Director Investors Ltd. Towerbrook sold 1,300,000 shares of the company’s stock in a transaction that occurred on Friday, June 14th. The stock was sold at an average price of $31.00, for a total value of $40,300,000.00. Following the sale, the director now owns 4,021,444 shares in the company, valued at approximately $124,664,764. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Claire Spofford sold 10,000 shares of J.Jill stock in a transaction on Tuesday, July 9th. The shares were sold at an average price of $33.76, for a total value of $337,600.00. Following the transaction, the chief executive officer now owns 204,961 shares of the company’s stock, valued at approximately $6,919,483.36. The disclosure for this sale can be found here. Insiders have sold 1,326,190 shares of company stock worth $41,210,657 over the last 90 days. 6.70% of the stock is owned by company insiders.

Institutional Investors Weigh In On J.Jill

Several institutional investors and hedge funds have recently made changes to their positions in JILL. AJOVista LLC bought a new position in J.Jill during the 4th quarter valued at about $25,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of J.Jill in the second quarter worth approximately $26,000. CWM LLC purchased a new position in shares of J.Jill during the second quarter valued at approximately $29,000. Meeder Asset Management Inc. bought a new position in J.Jill during the second quarter valued at approximately $34,000. Finally, Allspring Global Investments Holdings LLC purchased a new stake in J.Jill in the second quarter worth approximately $81,000. Institutional investors own 40.71% of the company’s stock.

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.