Signet Jewelers Ltd. (NYSE:SIG) Shares Bought by Voloridge Investment Management LLC

Voloridge Investment Management LLC raised its holdings in Signet Jewelers Ltd. (NYSE:SIG) by 9.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 146,859 shares of the company’s stock after purchasing an additional 12,406 shares during the quarter. Voloridge Investment Management LLC owned 0.28% of Signet Jewelers worth $2,461,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Signet Jewelers by 4.2% in the second quarter. Vanguard Group Inc. now owns 6,121,445 shares of the company’s stock valued at $109,453,000 after buying an additional 243,959 shares in the last quarter. Canada Pension Plan Investment Board boosted its holdings in Signet Jewelers by 65.8% during the 2nd quarter. Canada Pension Plan Investment Board now owns 1,119,035 shares of the company’s stock valued at $20,008,000 after acquiring an additional 444,017 shares during the period. Northern Trust Corp boosted its holdings in Signet Jewelers by 4.4% during the 2nd quarter. Northern Trust Corp now owns 840,245 shares of the company’s stock valued at $15,024,000 after acquiring an additional 35,447 shares during the period. Bank of New York Mellon Corp boosted its holdings in Signet Jewelers by 4.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 654,537 shares of the company’s stock valued at $11,703,000 after acquiring an additional 30,645 shares during the period. Finally, Parametric Portfolio Associates LLC grew its position in Signet Jewelers by 52.0% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 602,453 shares of the company’s stock valued at $10,097,000 after acquiring an additional 206,020 shares in the last quarter.

SIG opened at $16.06 on Wednesday. Signet Jewelers Ltd. has a 12 month low of $10.40 and a 12 month high of $53.90. The stock has a market capitalization of $909.32 million, a price-to-earnings ratio of 4.32, a PEG ratio of 0.92 and a beta of 1.03. The company has a debt-to-equity ratio of 1.95, a current ratio of 2.10 and a quick ratio of 0.37. The business has a fifty day moving average price of $16.69 and a 200 day moving average price of $16.80.

Signet Jewelers (NYSE:SIG) last issued its quarterly earnings results on Thursday, September 5th. The company reported $0.51 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.25 by $0.26. The company had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.34 billion. Signet Jewelers had a positive return on equity of 17.75% and a negative net margin of 2.99%. Signet Jewelers’s revenue was down 3.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.52 EPS. On average, research analysts anticipate that Signet Jewelers Ltd. will post 3.08 earnings per share for the current year.

The company also recently declared a — dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 1st were issued a dividend of $0.37 per share. This represents a yield of 10.5%. The ex-dividend date of this dividend was Thursday, October 31st. Signet Jewelers’s dividend payout ratio (DPR) is presently 39.78%.

In other Signet Jewelers news, CEO Virginia Drosos purchased 4,000 shares of the stock in a transaction that occurred on Friday, September 6th. The stock was purchased at an average cost of $14.14 per share, with a total value of $56,560.00. Following the completion of the acquisition, the chief executive officer now directly owns 232,181 shares of the company’s stock, valued at approximately $3,283,039.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Joan M. Hilson purchased 7,500 shares of the stock in a transaction that occurred on Friday, September 6th. The stock was acquired at an average cost of $14.46 per share, with a total value of $108,450.00. Following the completion of the acquisition, the chief financial officer now directly owns 33,127 shares of the company’s stock, valued at $479,016.42. The disclosure for this purchase can be found here. Corporate insiders own 0.96% of the company’s stock.

A number of analysts have issued reports on SIG shares. Zacks Investment Research upgraded shares of Signet Jewelers from a “sell” rating to a “hold” rating and set a $15.00 price target on the stock in a research note on Monday, August 12th. Bank of America dropped their price objective on shares of Signet Jewelers from $20.00 to $16.00 and set a “neutral” rating for the company in a report on Friday, September 6th. Citigroup cut their target price on shares of Signet Jewelers from $17.00 to $12.00 and set a “sell” rating on the stock in a research note on Friday, September 6th. Finally, ValuEngine lowered shares of Signet Jewelers from a “hold” rating to a “sell” rating in a report on Friday, November 1st. Two equities research analysts have rated the stock with a sell rating and seven have given a hold rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $24.29.

About Signet Jewelers

Signet Jewelers Limited engages in the retail sale of diamond jewelry, watches, and other products. As of February 02, 2019, it operated 3,334 stores and kiosks. The company operates through three segments: North America, International, and Other. The North America segment operates stores in malls and off-mall locations primarily under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, Zales Jewelers, Zales Outlet, Piercing Pagoda, Peoples Jewellers, Gordon's Jewelers, and Mappins Jewellers regional banners; and JamesAllen.com, an online jewelry retailer Website.

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

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