11,766 Shares in Signet Jewelers Limited (NYSE:SIG) Purchased by XTX Topco Ltd

XTX Topco Ltd bought a new position in shares of Signet Jewelers Limited (NYSE:SIG) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 11,766 shares of the company’s stock, valued at approximately $915,000.

Several other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. grew its position in shares of Signet Jewelers by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 6,181,170 shares of the company’s stock worth $449,370,000 after buying an additional 31,035 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Signet Jewelers by 0.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,336,064 shares of the company’s stock valued at $181,691,000 after purchasing an additional 6,226 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Signet Jewelers by 8.2% during the 1st quarter. Victory Capital Management Inc. now owns 1,996,027 shares of the company’s stock valued at $155,251,000 after purchasing an additional 152,121 shares in the last quarter. State Street Corp lifted its holdings in shares of Signet Jewelers by 2.5% during the 1st quarter. State Street Corp now owns 1,769,053 shares of the company’s stock valued at $128,610,000 after purchasing an additional 42,874 shares in the last quarter. Finally, GMT Capital Corp lifted its holdings in shares of Signet Jewelers by 40.2% during the 1st quarter. GMT Capital Corp now owns 1,026,700 shares of the company’s stock valued at $79,857,000 after purchasing an additional 294,500 shares in the last quarter.

Signet Jewelers Stock Down 0.9 %

Shares of Signet Jewelers stock opened at $74.85 on Friday. Signet Jewelers Limited has a 12-month low of $51.29 and a 12-month high of $83.42. The stock has a market cap of $3.40 billion, a P/E ratio of 8.52, a P/E/G ratio of 0.93 and a beta of 2.14. The business’s 50 day moving average is $74.27 and its 200-day moving average is $71.74.

Signet Jewelers (NYSE:SIG) last announced its quarterly earnings data on Thursday, August 31st. The company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.45 by $0.10. The company had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.58 billion. Signet Jewelers had a return on equity of 34.59% and a net margin of 6.47%. The business’s revenue was down 8.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.68 EPS. On average, sell-side analysts expect that Signet Jewelers Limited will post 9.89 EPS for the current year.

Signet Jewelers Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 24th. Investors of record on Friday, October 27th will be issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date of this dividend is Thursday, October 26th. Signet Jewelers’s payout ratio is presently 10.47%.

Insider Buying and Selling

In related news, insider Mary Elizabeth Finn sold 7,283 shares of the business’s stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $79.13, for a total transaction of $576,303.79. Following the transaction, the insider now directly owns 88,803 shares of the company’s stock, valued at approximately $7,026,981.39. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Signet Jewelers news, insider Mary Elizabeth Finn sold 7,283 shares of the company’s stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $79.13, for a total value of $576,303.79. Following the transaction, the insider now directly owns 88,803 shares of the company’s stock, valued at approximately $7,026,981.39. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Joan M. Hilson sold 10,000 shares of the company’s stock in a transaction on Tuesday, June 27th. The shares were sold at an average price of $65.00, for a total value of $650,000.00. Following the completion of the transaction, the insider now directly owns 235,762 shares in the company, valued at $15,324,530. The disclosure for this sale can be found here. In the last three months, insiders have sold 109,312 shares of company stock valued at $7,806,206. 4.54% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Citigroup cut their price objective on Signet Jewelers from $82.00 to $68.00 in a report on Friday, June 9th. Bank of America boosted their target price on Signet Jewelers from $71.00 to $83.00 in a research note on Friday, September 1st. UBS Group boosted their target price on Signet Jewelers from $90.00 to $93.00 in a research note on Friday, September 1st. Telsey Advisory Group boosted their target price on Signet Jewelers from $71.00 to $82.00 in a research note on Friday, September 1st. Finally, Wells Fargo & Company cut their target price on Signet Jewelers from $100.00 to $95.00 in a research note on Friday, June 9th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $84.20.

Signet Jewelers Profile

Signet Jewelers Limited operates as a diamond jewelry retailer. It operates through three segments: North America, International, and Other. The North America segment operates jewelry stores in jewelry stores in malls, mall-based kiosks, and off-mall locations in the United States and Canada primarily under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, Zales Jewelers, Zales Outlet, Diamonds Direct, James Allen, Banter by Piercing Pagoda, and Peoples Jewellers names, as well as operates online through its digital banners, James Allen and Blue Nile.