Shell Asset Management Co. Has $404,000 Position in Signet Jewelers Limited (NYSE:SIG)

Shell Asset Management Co. lowered its position in shares of Signet Jewelers Limited (NYSE:SIG) by 3.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,037 shares of the company’s stock after selling 153 shares during the quarter. Shell Asset Management Co.’s holdings in Signet Jewelers were worth $404,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Hexagon Capital Partners LLC grew its holdings in Signet Jewelers by 37.0% during the fourth quarter. Hexagon Capital Partners LLC now owns 470 shares of the company’s stock valued at $50,000 after purchasing an additional 127 shares during the period. Harvest Fund Management Co. Ltd acquired a new position in Signet Jewelers during the fourth quarter worth $64,000. Quadrant Capital Group LLC boosted its holdings in Signet Jewelers by 55.1% during the fourth quarter. Quadrant Capital Group LLC now owns 1,532 shares of the company’s stock worth $164,000 after purchasing an additional 544 shares during the last quarter. Greenleaf Trust acquired a new position in Signet Jewelers during the fourth quarter worth $202,000. Finally, Privium Fund Management UK Ltd acquired a new position in Signet Jewelers during the fourth quarter worth $216,000.

Signet Jewelers Trading Up 0.5 %

NYSE SIG opened at $83.05 on Friday. The firm has a market capitalization of $3.70 billion, a P/E ratio of 6.75, a price-to-earnings-growth ratio of 0.89 and a beta of 2.16. The firm’s fifty day moving average price is $93.73 and its two-hundred day moving average price is $97.52. Signet Jewelers Limited has a 1 year low of $65.12 and a 1 year high of $112.06.

Signet Jewelers (NYSE:SIG) last issued its quarterly earnings data on Thursday, June 13th. The company reported $1.11 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.29. The company had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.52 billion. Signet Jewelers had a net margin of 10.91% and a return on equity of 32.51%. The company’s revenue was down 9.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.78 earnings per share. On average, research analysts anticipate that Signet Jewelers Limited will post 10.6 EPS for the current fiscal year.

Signet Jewelers Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 23rd. Stockholders of record on Friday, July 26th will be given a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 1.40%. The ex-dividend date of this dividend is Friday, July 26th. Signet Jewelers’s payout ratio is presently 9.43%.

Insider Activity

In related news, Director Eugenia Ulasewicz sold 3,334 shares of the firm’s stock in a transaction dated Friday, July 5th. The shares were sold at an average price of $87.94, for a total transaction of $293,191.96. Following the transaction, the director now directly owns 29,418 shares of the company’s stock, valued at $2,587,018.92. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Signet Jewelers news, insider Rebecca Wooters sold 3,000 shares of Signet Jewelers stock in a transaction dated Monday, June 24th. The shares were sold at an average price of $90.34, for a total value of $271,020.00. Following the completion of the sale, the insider now owns 90,494 shares in the company, valued at approximately $8,175,227.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Eugenia Ulasewicz sold 3,334 shares of Signet Jewelers stock in a transaction dated Friday, July 5th. The stock was sold at an average price of $87.94, for a total transaction of $293,191.96. Following the completion of the sale, the director now owns 29,418 shares of the company’s stock, valued at approximately $2,587,018.92. The disclosure for this sale can be found here. Insiders have sold 40,439 shares of company stock valued at $3,498,919 over the last ninety days. 3.26% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Telsey Advisory Group restated a “market perform” rating and set a $105.00 target price on shares of Signet Jewelers in a report on Wednesday. Citigroup restated a “buy” rating and set a $119.00 target price on shares of Signet Jewelers in a report on Friday, June 14th. UBS Group increased their target price on shares of Signet Jewelers from $128.00 to $152.00 and gave the stock a “buy” rating in a report on Thursday, April 4th. Wells Fargo & Company upped their price target on shares of Signet Jewelers from $120.00 to $125.00 and gave the stock an “overweight” rating in a research report on Monday, June 3rd. Finally, StockNews.com lowered shares of Signet Jewelers from a “buy” rating to a “hold” rating in a research report on Saturday, April 27th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Signet Jewelers presently has a consensus rating of “Moderate Buy” and a consensus target price of $120.20.

Signet Jewelers Company Profile

Signet Jewelers Limited operates as a diamond jewelry retailer. It operates through three segments: North America, International, and Other. The North America segment operates jewelry stores in jewelry stores in malls, mall-based kiosks, and off-mall locations in the United States and Canada primarily under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, Zales Outlet, Zales Jewelers, Diamonds Direct, James Allen, Banter by Piercing Pagoda, and Peoples Jewellers names, as well as operates online through its digital banners, James Allen and Blue Nile.