Signet Jewelers Limited (NYSE:SIG) Shares Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC lifted its stake in Signet Jewelers Limited (NYSE:SIG) by 10.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 34,260 shares of the company’s stock after acquiring an additional 3,312 shares during the period. Sanctuary Advisors LLC’s holdings in Signet Jewelers were worth $3,515,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. SG Americas Securities LLC lifted its position in Signet Jewelers by 43.1% in the second quarter. SG Americas Securities LLC now owns 5,308 shares of the company’s stock worth $475,000 after purchasing an additional 1,600 shares during the period. Blue Trust Inc. lifted its holdings in shares of Signet Jewelers by 15.3% in the second quarter. Blue Trust Inc. now owns 917 shares of the company’s stock valued at $82,000 after buying an additional 122 shares during the period. Raymond James & Associates boosted its stake in Signet Jewelers by 46.1% during the second quarter. Raymond James & Associates now owns 53,947 shares of the company’s stock valued at $4,833,000 after buying an additional 17,030 shares in the last quarter. SummerHaven Investment Management LLC grew its holdings in Signet Jewelers by 1.4% during the second quarter. SummerHaven Investment Management LLC now owns 10,405 shares of the company’s stock worth $932,000 after acquiring an additional 144 shares during the period. Finally, Louisiana State Employees Retirement System raised its position in Signet Jewelers by 2.7% in the second quarter. Louisiana State Employees Retirement System now owns 22,500 shares of the company’s stock worth $2,016,000 after acquiring an additional 600 shares in the last quarter.

Insider Buying and Selling

In other Signet Jewelers news, CEO Virginia Drosos sold 3,475 shares of the stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of $101.67, for a total value of $353,303.25. Following the completion of the sale, the chief executive officer now owns 775,345 shares in the company, valued at $78,829,326.15. This represents a 0.45 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Rebecca Wooters sold 22,151 shares of Signet Jewelers stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of $99.00, for a total transaction of $2,192,949.00. Following the sale, the insider now directly owns 68,343 shares of the company’s stock, valued at $6,765,957. This trade represents a 24.48 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 43,194 shares of company stock worth $4,251,906. 3.26% of the stock is owned by company insiders.

Signet Jewelers Price Performance

Shares of NYSE:SIG opened at $84.65 on Tuesday. The company’s fifty day moving average is $95.40 and its two-hundred day moving average is $90.65. The company has a market cap of $3.68 billion, a P/E ratio of 9.74, a price-to-earnings-growth ratio of 1.04 and a beta of 2.10. Signet Jewelers Limited has a 12-month low of $72.26 and a 12-month high of $112.06. The company has a quick ratio of 0.25, a current ratio of 1.55 and a debt-to-equity ratio of 0.14.

Signet Jewelers (NYSE:SIG) last issued its quarterly earnings results on Thursday, December 5th. The company reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.05). The business had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.37 billion. Signet Jewelers had a net margin of 8.57% and a return on equity of 28.69%. The business’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.24 EPS. Equities analysts expect that Signet Jewelers Limited will post 9.88 earnings per share for the current fiscal year.

Signet Jewelers Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, January 24th will be given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date of this dividend is Friday, January 24th. Signet Jewelers’s dividend payout ratio (DPR) is 13.35%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on SIG. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $87.00 price objective on shares of Signet Jewelers in a research note on Thursday, December 5th. Bank of America decreased their price target on shares of Signet Jewelers from $108.00 to $100.00 and set a “neutral” rating on the stock in a research report on Friday, September 13th. UBS Group cut their price objective on Signet Jewelers from $145.00 to $132.00 and set a “buy” rating for the company in a research report on Wednesday, September 11th. StockNews.com cut Signet Jewelers from a “buy” rating to a “hold” rating in a report on Friday, December 6th. Finally, Wells Fargo & Company upped their target price on Signet Jewelers from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Wednesday, October 23rd. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, Signet Jewelers currently has an average rating of “Moderate Buy” and an average target price of $109.60.

About Signet Jewelers

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.