Barings LLC acquired a new position in Signet Jewelers Limited (NYSE:SIG) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 26,700 shares of the company’s stock, valued at approximately $1,777,000.

A number of other large investors have also recently made changes to their positions in SIG. Commonwealth Bank of Australia boosted its position in Signet Jewelers by 5.6% during the 2nd quarter. Commonwealth Bank of Australia now owns 1,609 shares of the company’s stock valued at $101,000 after acquiring an additional 85 shares in the last quarter. Capstone Investment Advisors Netherlands B.V. bought a new stake in Signet Jewelers during the 2nd quarter valued at $121,000. Tower Research Capital LLC TRC boosted its position in Signet Jewelers by 19.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,016 shares of the company’s stock valued at $128,000 after acquiring an additional 335 shares in the last quarter. Monroe Bank & Trust MI bought a new stake in Signet Jewelers during the 3rd quarter valued at $179,000. Finally, Pitcairn Co. bought a new stake in Signet Jewelers during the 3rd quarter valued at $203,000.

Shares of Signet Jewelers Limited (NYSE SIG) traded down $0.31 on Friday, hitting $51.99. The stock had a trading volume of 2,730,000 shares, compared to its average volume of 3,630,500. Signet Jewelers Limited has a 12-month low of $46.09 and a 12-month high of $99.19. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.76 and a current ratio of 2.63. The stock has a market cap of $3,163.87, a price-to-earnings ratio of 8.00, a PEG ratio of 1.05 and a beta of 0.95.

Several brokerages have issued reports on SIG. Cowen reaffirmed a “market perform” rating and set a $67.00 target price (up previously from $61.00) on shares of Signet Jewelers in a research report on Tuesday, September 12th. Needham & Company LLC set a $69.00 target price on Signet Jewelers and gave the company a “buy” rating in a research report on Saturday, August 19th. Royal Bank Of Canada reiterated a “buy” rating and set a $63.00 price objective on shares of Signet Jewelers in a report on Thursday, August 17th. Telsey Advisory Group increased their price objective on Signet Jewelers from $60.00 to $66.00 and gave the company a “market perform” rating in a report on Friday, August 25th. Finally, Instinet reiterated a “buy” rating and set a $73.00 price objective (up previously from $70.00) on shares of Signet Jewelers in a report on Monday, August 28th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and six have assigned a buy rating to the company’s stock. Signet Jewelers presently has a consensus rating of “Hold” and a consensus price target of $66.00.

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Signet Jewelers 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 (NYSE:SIG)

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