Aperio Group LLC grew its holdings in Signet Jewelers Limited (NYSE:SIG) by 9.1% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 16,914 shares of the company’s stock after acquiring an additional 1,414 shares during the quarter. Aperio Group LLC’s holdings in Signet Jewelers were worth $1,126,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Alps Advisors Inc. boosted its position in shares of Signet Jewelers by 0.3% in the 2nd quarter. Alps Advisors Inc. now owns 7,060 shares of the company’s stock valued at $446,000 after purchasing an additional 19 shares during the period. M&T Bank Corp boosted its position in shares of Signet Jewelers by 0.8% in the 2nd quarter. M&T Bank Corp now owns 7,142 shares of the company’s stock valued at $452,000 after purchasing an additional 59 shares during the period. Commonwealth Bank of Australia boosted its position in shares of Signet Jewelers by 5.6% in the 2nd quarter. Commonwealth Bank of Australia now owns 1,609 shares of the company’s stock valued at $101,000 after purchasing an additional 85 shares during the period. Gateway Investment Advisers LLC boosted its position in shares of Signet Jewelers by 1.8% in the 2nd quarter. Gateway Investment Advisers LLC now owns 5,201 shares of the company’s stock valued at $329,000 after purchasing an additional 91 shares during the period. Finally, US Bancorp DE boosted its position in shares of Signet Jewelers by 1.9% in the 2nd quarter. US Bancorp DE now owns 13,361 shares of the company’s stock valued at $845,000 after purchasing an additional 249 shares during the period.
Signet Jewelers Limited (NYSE:SIG) traded down $1.86 on Monday, hitting $50.13. The stock had a trading volume of 3,374,799 shares, compared to its average volume of 1,920,806. The company has a quick ratio of 0.76, a current ratio of 2.63 and a debt-to-equity ratio of 0.33. The firm has a market cap of $3,140.20, a PE ratio of 7.95, a P/E/G ratio of 1.04 and a beta of 0.94. Signet Jewelers Limited has a 1-year low of $46.09 and a 1-year high of $99.19.
A number of analysts recently issued reports on the company. Wells Fargo & Company cut Signet Jewelers from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $75.00 to $60.00 in a research report on Tuesday, November 21st. Zacks Investment Research cut Signet Jewelers from a “buy” rating to a “hold” rating in a research report on Wednesday, November 15th. Buckingham Research increased their price objective on Signet Jewelers from $55.00 to $72.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 14th. Needham & Company LLC increased their price objective on Signet Jewelers from $69.00 to $74.00 and gave the stock a “buy” rating in a research report on Wednesday, September 20th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and set a $66.00 price objective on shares of Signet Jewelers in a research report on Thursday, October 5th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $66.00.
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About Signet Jewelers
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.
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