Crossmark Global Holdings Inc. grew its holdings in shares of Signet Jewelers Ltd. (NYSE:SIG) by 268.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,886 shares of the company’s stock after buying an additional 19,597 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Signet Jewelers were worth $1,520,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Stoneridge Investment Partners LLC raised its position in shares of Signet Jewelers by 117.3% during the 4th quarter. Stoneridge Investment Partners LLC now owns 41,989 shares of the company’s stock valued at $2,374,000 after buying an additional 22,668 shares in the last quarter. First Mercantile Trust Co. purchased a new stake in shares of Signet Jewelers during the 4th quarter valued at about $157,000. Stephens Inc. AR raised its position in shares of Signet Jewelers by 20.4% during the 4th quarter. Stephens Inc. AR now owns 149,660 shares of the company’s stock valued at $8,463,000 after buying an additional 25,383 shares in the last quarter. Meeder Asset Management Inc. grew its holdings in Signet Jewelers by 48.6% during the 4th quarter. Meeder Asset Management Inc. now owns 12,326 shares of the company’s stock valued at $697,000 after purchasing an additional 4,029 shares during the last quarter. Finally, US Bancorp DE grew its holdings in Signet Jewelers by 17.0% during the 4th quarter. US Bancorp DE now owns 15,451 shares of the company’s stock valued at $874,000 after purchasing an additional 2,243 shares during the last quarter.

Signet Jewelers Ltd. (NYSE SIG) opened at $49.00 on Wednesday. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.63 and a quick ratio of 0.76. The company has a market cap of $2,970.00, a PE ratio of 8.51, a price-to-earnings-growth ratio of 0.99 and a beta of 0.71. Signet Jewelers Ltd. has a one year low of $46.09 and a one year high of $77.94.

Signet Jewelers (NYSE:SIG) last issued its earnings results on Tuesday, November 21st. The company reported $0.15 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.15. The business had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.17 billion. Signet Jewelers had a net margin of 7.32% and a return on equity of 20.76%. sell-side analysts anticipate that Signet Jewelers Ltd. will post 6.49 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 2nd. Shareholders of record on Friday, February 2nd will be paid a $0.31 dividend. The ex-dividend date of this dividend is Thursday, February 1st. This represents a $1.24 dividend on an annualized basis and a yield of 2.53%. Signet Jewelers’s dividend payout ratio is currently 21.53%.

SIG has been the topic of several analyst reports. Needham & Company LLC set a $60.00 price target on shares of Signet Jewelers and gave the company a “buy” rating in a report on Thursday, January 11th. Royal Bank of Canada downgraded shares of Signet Jewelers from an “outperform” rating to a “sector perform” rating and cut their price target for the company from $60.00 to $55.00 in a report on Friday, January 12th. ValuEngine downgraded shares of Signet Jewelers from a “buy” rating to a “hold” rating in a report on Sunday, December 31st. Zacks Investment Research downgraded shares of Signet Jewelers from a “hold” rating to a “strong sell” rating in a report on Friday, February 2nd. Finally, Cowen set a $54.00 price target on shares of Signet Jewelers and gave the company a “hold” rating in a report on Saturday, November 25th. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and five have issued a buy rating to the company. Signet Jewelers currently has a consensus rating of “Hold” and a consensus target price of $64.67.

In related news, insider Oded Edelman bought 90,398 shares of the company’s stock in a transaction on Friday, January 12th. The shares were acquired at an average cost of $55.31 per share, for a total transaction of $4,999,913.38. Following the purchase, the insider now directly owns 33,962 shares of the company’s stock, valued at $1,878,438.22. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. 0.52% of the stock is owned by corporate insiders.

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

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