Signet Jewelers Limited (NYSE:SIG) Shares Purchased by Yousif Capital Management LLC

Yousif Capital Management LLC raised its position in shares of Signet Jewelers Limited (NYSE:SIG) by 1.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,001 shares of the company’s stock after buying an additional 362 shares during the quarter. Yousif Capital Management LLC’s holdings in Signet Jewelers were worth $2,467,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Greenleaf Trust acquired a new stake in Signet Jewelers during the fourth quarter valued at approximately $202,000. Channel Wealth LLC bought a new position in shares of Signet Jewelers during the fourth quarter valued at approximately $215,000. Laidlaw Wealth Management LLC bought a new position in shares of Signet Jewelers during the third quarter valued at approximately $216,000. Simon Quick Advisors LLC bought a new position in shares of Signet Jewelers during the third quarter valued at approximately $227,000. Finally, GW Henssler & Associates Ltd. bought a new position in shares of Signet Jewelers during the third quarter valued at approximately $234,000.

Insider Buying and Selling at Signet Jewelers

In other Signet Jewelers news, insider Oded Edelman sold 7,911 shares of the stock in a transaction on Monday, February 26th. The stock was sold at an average price of $105.36, for a total transaction of $833,502.96. Following the completion of the transaction, the insider now directly owns 33,378 shares of the company’s stock, valued at approximately $3,516,706.08. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, Director H. Todd Stitzer sold 10,000 shares of the stock in a transaction on Monday, April 22nd. The stock was sold at an average price of $100.09, for a total transaction of $1,000,900.00. Following the completion of the sale, the director now owns 41,678 shares in the company, valued at approximately $4,171,551.02. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Oded Edelman sold 7,911 shares of the stock in a transaction on Monday, February 26th. The shares were sold at an average price of $105.36, for a total value of $833,502.96. Following the sale, the insider now owns 33,378 shares of the company’s stock, valued at approximately $3,516,706.08. The disclosure for this sale can be found here. In the last ninety days, insiders sold 47,254 shares of company stock valued at $4,669,294. 4.54% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Bank of America lowered their target price on Signet Jewelers from $110.00 to $100.00 and set a “neutral” rating for the company in a report on Thursday, March 21st. UBS Group upped their target price on Signet Jewelers from $128.00 to $152.00 and gave the company a “buy” rating in a report on Thursday, April 4th. StockNews.com lowered Signet Jewelers from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Telsey Advisory Group increased their price objective on Signet Jewelers from $100.00 to $110.00 and gave the stock a “market perform” rating in a report on Thursday, April 4th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $120.20.

Signet Jewelers Price Performance

Shares of SIG stock opened at $102.09 on Tuesday. Signet Jewelers Limited has a 12-month low of $57.10 and a 12-month high of $109.17. The firm has a market capitalization of $4.52 billion, a price-to-earnings ratio of 6.81, a price-to-earnings-growth ratio of 1.20 and a beta of 2.13. The business has a 50 day simple moving average of $99.51 and a 200 day simple moving average of $93.78.

Signet Jewelers (NYSE:SIG) last issued its quarterly earnings results on Wednesday, March 20th. The company reported $6.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.33 by $0.40. The firm had revenue of $2.50 billion during the quarter, compared to analyst estimates of $2.55 billion. Signet Jewelers had a return on equity of 32.26% and a net margin of 11.30%. The firm’s quarterly revenue was down 6.3% on a year-over-year basis. During the same period last year, the company posted $5.52 EPS. On average, equities analysts anticipate that Signet Jewelers Limited will post 10.6 EPS for the current fiscal year.

Signet Jewelers Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 24th. Shareholders of record on Friday, April 26th will be paid a dividend of $0.29 per share. This is a positive change from Signet Jewelers’s previous quarterly dividend of $0.23. This represents a $1.16 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date of this dividend is Thursday, April 25th. Signet Jewelers’s dividend payout ratio (DPR) is presently 7.74%.

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 Outlet, Zales Jewelers, 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.