FIL Ltd increased its position in Signet Jewelers Limited (NYSE:SIG) by 34.6% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 209,079 shares of the company’s stock after buying an additional 53,769 shares during the period. FIL Ltd’s holdings in Signet Jewelers Limited were worth $19,708,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. BlackRock Japan Co. Ltd boosted its stake in Signet Jewelers Limited by 1.0% in the third quarter. BlackRock Japan Co. Ltd now owns 97,283 shares of the company’s stock worth $7,251,000 after buying an additional 938 shares during the period. Becker Capital Management Inc. bought a new stake in Signet Jewelers Limited during the third quarter worth approximately $16,735,000. Skylands Capital LLC boosted its stake in Signet Jewelers Limited by 109.5% in the third quarter. Skylands Capital LLC now owns 79,000 shares of the company’s stock worth $5,888,000 after buying an additional 41,300 shares during the period. Nomura Asset Management Co. Ltd. boosted its stake in Signet Jewelers Limited by 7.3% in the third quarter. Nomura Asset Management Co. Ltd. now owns 104,273 shares of the company’s stock worth $7,771,000 after buying an additional 7,137 shares during the period. Finally, State of Tennessee Treasury Department boosted its stake in Signet Jewelers Limited by 13.2% in the third quarter. State of Tennessee Treasury Department now owns 61,859 shares of the company’s stock worth $4,611,000 after buying an additional 7,225 shares during the period.
Signet Jewelers Limited (NYSE:SIG) traded up 0.95% on Friday, reaching $74.18. 376,893 shares of the company were exchanged. The firm has a market capitalization of $5.16 billion, a P/E ratio of 11.10 and a beta of 1.20. The firm has a 50-day moving average of $81.16 and a 200 day moving average of $84.59. Signet Jewelers Limited has a 12-month low of $70.79 and a 12-month high of $125.45.
Signet Jewelers Limited (NYSE:SIG) last announced its quarterly earnings data on Tuesday, November 22nd. The company reported $0.30 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.10. The business had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.18 billion. Signet Jewelers Limited had a net margin of 7.93% and a return on equity of 19.67%. The business’s revenue was down 2.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.33 earnings per share. On average, equities analysts predict that Signet Jewelers Limited will post $7.42 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 28th. Shareholders of record on Friday, January 27th will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date of this dividend is Wednesday, January 25th. Signet Jewelers Limited’s dividend payout ratio (DPR) is presently 15.88%.
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SIG has been the topic of a number of research reports. Wells Fargo & Company reaffirmed an “outperform” rating and issued a $109.00 price target (up previously from $102.50) on shares of Signet Jewelers Limited in a report on Monday, November 28th. Zacks Investment Research raised shares of Signet Jewelers Limited from a “hold” rating to a “buy” rating and set a $110.00 price target on the stock in a report on Saturday, December 10th. Vetr cut shares of Signet Jewelers Limited from a “hold” rating to a “sell” rating and set a $86.00 price target on the stock. in a report on Monday, November 14th. Northcoast Research reaffirmed a “hold” rating on shares of Signet Jewelers Limited in a report on Friday, January 20th. Finally, Citigroup Inc. reaffirmed a “neutral” rating and issued a $90.00 price target (up previously from $83.00) on shares of Signet Jewelers Limited in a report on Saturday, November 26th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $105.75.
Signet Jewelers Limited Company Profile
Signet Jewelers Limited is a retailer of jewelry, watches and associated services in the United States, Canada and the United Kingdom. The Company’s segments are the Sterling Jewelers division, the UK Jewelry division, the Zale division, which consists of Zale Jewelry and Piercing Pagoda, and the Other segment.
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