Legal & General Group Plc raised its holdings in shares of Signet Jewelers Limited (NYSE:SIG) by 3.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 382,381 shares of the company’s stock after purchasing an additional 11,830 shares during the quarter. Legal & General Group Plc owned 0.63% of Signet Jewelers worth $25,449,000 at the end of the most recent reporting period.
Several other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in shares of Signet Jewelers by 1.5% during the second quarter. Vanguard Group Inc. now owns 6,650,379 shares of the company’s stock worth $420,569,000 after purchasing an additional 97,075 shares during the last quarter. Capital Research Global Investors lifted its position in shares of Signet Jewelers by 1.7% during the second quarter. Capital Research Global Investors now owns 5,377,336 shares of the company’s stock worth $340,063,000 after purchasing an additional 88,336 shares during the last quarter. BlackRock Inc. lifted its position in shares of Signet Jewelers by 6.6% during the second quarter. BlackRock Inc. now owns 4,416,710 shares of the company’s stock worth $279,313,000 after purchasing an additional 272,979 shares during the last quarter. State Street Corp lifted its position in shares of Signet Jewelers by 2.1% during the second quarter. State Street Corp now owns 3,365,495 shares of the company’s stock worth $212,841,000 after purchasing an additional 69,756 shares during the last quarter. Finally, Investec Asset Management LTD lifted its position in shares of Signet Jewelers by 14.1% during the second quarter. Investec Asset Management LTD now owns 1,902,829 shares of the company’s stock worth $120,335,000 after purchasing an additional 235,207 shares during the last quarter.
Several analysts have recently weighed in on the company. Northcoast Research reiterated a “neutral” rating on shares of Signet Jewelers in a research report on Friday, September 29th. ValuEngine upgraded Signet Jewelers from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Royal Bank Of Canada reiterated a “buy” rating and set a $63.00 target price on shares of Signet Jewelers in a research report on Thursday, August 17th. Telsey Advisory Group lifted their target price on Signet Jewelers from $60.00 to $66.00 and gave the stock a “market perform” rating in a research report on Friday, August 25th. Finally, Cowen set a $61.00 target price on Signet Jewelers and gave the stock a “hold” rating in a research report on Friday, August 25th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $66.00.
Shares of Signet Jewelers Limited (NYSE SIG) traded up $1.91 during trading on Friday, hitting $53.22. The stock had a trading volume of 2,413,555 shares, compared to its average volume of 3,753,605. The stock has a market capitalization of $3,214.49, a price-to-earnings ratio of 8.14, a P/E/G ratio of 1.06 and a beta of 0.94. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.76 and a current ratio of 2.63. Signet Jewelers Limited has a 1 year low of $46.09 and a 1 year high of $98.88.
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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.
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