Meag Munich Ergo Kapitalanlagegesellschaft MBH Buys Shares of 36,342 Signet Jewelers Limited (SIG)

Meag Munich Ergo Kapitalanlagegesellschaft MBH purchased a new position in shares of Signet Jewelers Limited (NYSE:SIG) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 36,342 shares of the company’s stock, valued at approximately $2,446,000. Meag Munich Ergo Kapitalanlagegesellschaft MBH owned about 0.06% of Signet Jewelers Limited at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in SIG. Commonwealth Bank of Australia boosted its stake in shares of Signet Jewelers Limited by 5.6% during the 2nd quarter. Commonwealth Bank of Australia now owns 1,609 shares of the company’s stock worth $101,000 after purchasing an additional 85 shares during the last quarter. Capstone Investment Advisors Netherlands B.V. acquired a new stake in shares of Signet Jewelers Limited during the 2nd quarter worth about $121,000. Tower Research Capital LLC TRC boosted its stake in shares of Signet Jewelers Limited by 19.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,016 shares of the company’s stock worth $128,000 after purchasing an additional 335 shares during the last quarter. Pitcairn Co. acquired a new stake in shares of Signet Jewelers Limited during the 3rd quarter worth about $203,000. Finally, ING Groep NV acquired a new stake in shares of Signet Jewelers Limited during the 2nd quarter worth about $240,000.

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Several equities research analysts have issued reports on the stock. Buckingham Research raised their price target on shares of Signet Jewelers Limited from $55.00 to $72.00 and gave the stock a “neutral” rating in a research note on Tuesday. Susquehanna Bancshares Inc assumed coverage on shares of Signet Jewelers Limited in a research note on Thursday, November 2nd. They set a “neutral” rating and a $60.00 price target on the stock. Royal Bank Of Canada reaffirmed a “buy” rating and set a $66.00 price target on shares of Signet Jewelers Limited in a research note on Thursday, October 5th. ValuEngine raised shares of Signet Jewelers Limited from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Finally, Northcoast Research reaffirmed a “neutral” rating on shares of Signet Jewelers Limited in a research note on Friday, September 29th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and eight have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $71.56.

Signet Jewelers Limited (NYSE SIG) opened at $69.49 on Tuesday. The firm has a market cap of $4,281.17, a P/E ratio of 10.58, a price-to-earnings-growth ratio of 1.32 and a beta of 1.03. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.14 and a current ratio of 2.40. Signet Jewelers Limited has a 12-month low of $46.09 and a 12-month high of $101.46.

Signet Jewelers Limited (NYSE:SIG) last announced its quarterly earnings results on Thursday, August 24th. The company reported $1.33 earnings per share for the quarter, beating analysts’ consensus estimates of $1.10 by $0.23. The firm had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.33 billion. Signet Jewelers Limited had a net margin of 7.62% and a return on equity of 20.86%. Signet Jewelers Limited’s revenue was up 1.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.14 earnings per share. equities research analysts predict that Signet Jewelers Limited will post 7.14 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Friday, October 27th will be given a dividend of $0.31 per share. The ex-dividend date is Thursday, October 26th. This represents a $1.24 dividend on an annualized basis and a yield of 1.78%. Signet Jewelers Limited’s dividend payout ratio (DPR) is 19.14%.

Signet Jewelers Limited Company Profile

Signet Jewelers Limited is a retailer of diamond jewelry. The Company’s segments include the Sterling Jewelers division; the Zale division, which consists of the Zale Jewelry and Piercing Pagoda segments; the UK Jewelry division, and Other. The Sterling Jewelers division’s stores operate in the United States principally as Kay Jewelers (Kay), Kay Jewelers Outlet, Jared The Galleria Of Jewelry (Jared) and Jared Vault.

Institutional Ownership by Quarter for Signet Jewelers Limited (NYSE:SIG)

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