Hosking Partners LLP grew its holdings in Signet Jewelers Limited (NYSE:SIG) by 1.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 118,337 shares of the company’s stock after buying an additional 1,913 shares during the quarter. Hosking Partners LLP owned 0.17% of Signet Jewelers Limited worth $7,484,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the company. State of Tennessee Treasury Department increased its position in shares of Signet Jewelers Limited by 261.8% in the second quarter. State of Tennessee Treasury Department now owns 68,709 shares of the company’s stock valued at $4,345,000 after buying an additional 49,718 shares in the last quarter. LFL Advisers LLC increased its position in shares of Signet Jewelers Limited by 16.7% in the second quarter. LFL Advisers LLC now owns 150,000 shares of the company’s stock valued at $9,486,000 after buying an additional 21,500 shares in the last quarter. Oppenheimer Asset Management Inc. increased its position in shares of Signet Jewelers Limited by 18.1% in the second quarter. Oppenheimer Asset Management Inc. now owns 226,096 shares of the company’s stock valued at $14,298,000 after buying an additional 34,631 shares in the last quarter. Delta Lloyd Asset Management N.V. purchased a new stake in shares of Signet Jewelers Limited in the second quarter valued at approximately $689,000. Finally, Swiss National Bank increased its position in shares of Signet Jewelers Limited by 2.6% in the second quarter. Swiss National Bank now owns 227,600 shares of the company’s stock valued at $14,393,000 after buying an additional 5,700 shares in the last quarter.

A number of analysts have recently commented on the company. Cowen and Company set a $61.00 price objective on Signet Jewelers Limited and gave the company a “hold” rating in a research report on Friday, August 25th. Buckingham Research set a $55.00 price objective on Signet Jewelers Limited and gave the company a “hold” rating in a research report on Friday, August 25th. Citigroup Inc. boosted their price objective on Signet Jewelers Limited from $52.00 to $60.00 and gave the company a “neutral” rating in a research report on Monday, August 28th. Telsey Advisory Group boosted their price objective on Signet Jewelers Limited from $60.00 to $66.00 and gave the company a “market perform” rating in a research report on Friday, August 25th. Finally, Needham & Company LLC set a $69.00 price objective on Signet Jewelers Limited and gave the company a “buy” rating in a research report on Friday, August 25th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $72.81.

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Signet Jewelers Limited (NYSE:SIG) opened at 64.36 on Monday. The firm has a market cap of $3.88 billion, a price-to-earnings ratio of 9.69 and a beta of 0.99. The firm’s 50-day moving average price is $58.94 and its 200-day moving average price is $62.61. Signet Jewelers Limited has a 1-year low of $46.09 and a 1-year high of $101.46.

Signet Jewelers Limited (NYSE:SIG) last released its quarterly earnings data on Thursday, August 24th. The company reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.23. Signet Jewelers Limited had a return on equity of 20.86% and a net margin of 7.62%. The firm had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same period last year, the business posted $1.14 EPS. Signet Jewelers Limited’s quarterly revenue was up 1.9% on a year-over-year basis. On average, equities research analysts anticipate that Signet Jewelers Limited will post $7.04 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Friday, October 27th will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.93%. The ex-dividend date of this dividend is Thursday, October 26th. Signet Jewelers Limited’s payout ratio is currently 19.14%.

Signet Jewelers Limited Company Profile

Signet Jewelers Limited is a retailer of diamond jewelry. The Company’s segments include the Sterling Jewelers division; the Zale division, which consists of the Zale Jewelry and Piercing Pagoda segments; the UK Jewelry division, and Other. The Sterling Jewelers division’s stores operate in the United States principally as Kay Jewelers (Kay), Kay Jewelers Outlet, Jared The Galleria Of Jewelry (Jared) and Jared Vault.

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

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