2,204 Shares in Signet Jewelers Limited (NYSE:SIG) Bought by GW Henssler & Associates Ltd.

GW Henssler & Associates Ltd. bought a new position in shares of Signet Jewelers Limited (NYSE:SIG) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 2,204 shares of the company’s stock, valued at approximately $227,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Brown Brothers Harriman & Co. bought a new stake in shares of Signet Jewelers during the 2nd quarter valued at about $51,000. Hexagon Capital Partners LLC increased its holdings in shares of Signet Jewelers by 33.4% in the 2nd quarter. Hexagon Capital Partners LLC now owns 699 shares of the company’s stock worth $63,000 after buying an additional 175 shares during the last quarter. Blue Trust Inc. raised its position in shares of Signet Jewelers by 15.3% during the 2nd quarter. Blue Trust Inc. now owns 917 shares of the company’s stock valued at $82,000 after buying an additional 122 shares in the last quarter. CWM LLC lifted its holdings in shares of Signet Jewelers by 177.3% during the 3rd quarter. CWM LLC now owns 1,148 shares of the company’s stock worth $118,000 after acquiring an additional 734 shares during the last quarter. Finally, Rothschild Investment LLC purchased a new position in Signet Jewelers in the second quarter worth $180,000.

Signet Jewelers Stock Performance

Shares of SIG stock opened at $93.39 on Wednesday. The company has a market capitalization of $4.11 billion, a P/E ratio of 10.81, a PEG ratio of 1.04 and a beta of 2.10. Signet Jewelers Limited has a fifty-two week low of $67.18 and a fifty-two week high of $112.06. The stock has a 50 day moving average price of $91.23 and a two-hundred day moving average price of $91.69.

Signet Jewelers (NYSE:SIG) last posted its quarterly earnings results on Thursday, September 12th. The company reported $1.25 EPS for the quarter, beating analysts’ consensus estimates of $1.14 by $0.11. The company had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.50 billion. Signet Jewelers had a net margin of 8.58% and a return on equity of 29.90%. The firm’s revenue was down 7.6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.55 EPS. As a group, equities analysts predict that Signet Jewelers Limited will post 10.8 earnings per share for the current year.

Signet Jewelers Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Friday, October 25th will be issued a dividend of $0.29 per share. The ex-dividend date is Friday, October 25th. This represents a $1.16 dividend on an annualized basis and a yield of 1.24%. Signet Jewelers’s dividend payout ratio is presently 13.43%.

Analyst Ratings Changes

SIG has been the topic of a number of research reports. Bank of America lowered their price target on Signet Jewelers from $108.00 to $100.00 and set a “neutral” rating on the stock in a research report on Friday, September 13th. Wells Fargo & Company boosted their target price on Signet Jewelers from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 23rd. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $87.00 target price on shares of Signet Jewelers in a research note on Wednesday, October 2nd. StockNews.com raised shares of Signet Jewelers from a “hold” rating to a “buy” rating in a research note on Tuesday. Finally, UBS Group cut their price objective on shares of Signet Jewelers from $145.00 to $132.00 and set a “buy” rating for the company in a research note on Wednesday, September 11th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $109.60.

Insider Buying and Selling at Signet Jewelers

In other news, insider Joan M. Hilson sold 8,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 23rd. The stock was sold at an average price of $94.57, for a total transaction of $756,560.00. Following the transaction, the insider now directly owns 200,844 shares of the company’s stock, valued at approximately $18,993,817.08. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, insider Joan M. Hilson sold 8,000 shares of Signet Jewelers stock in a transaction on Wednesday, October 23rd. The shares were sold at an average price of $94.57, for a total value of $756,560.00. Following the sale, the insider now owns 200,844 shares in the company, valued at $18,993,817.08. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Virginia Drosos sold 3,475 shares of the company’s stock in a transaction on Thursday, September 26th. The stock was sold at an average price of $101.67, for a total transaction of $353,303.25. Following the completion of the transaction, the chief executive officer now owns 775,345 shares of the company’s stock, valued at $78,829,326.15. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 63,957 shares of company stock valued at $5,910,256 in the last 90 days. Insiders own 3.26% of the company’s stock.

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.