Eugenia Ulasewicz Sells 3,333 Shares of Signet Jewelers Limited (NYSE:SIG) Stock

Signet Jewelers Limited (NYSE:SIG) Director Eugenia Ulasewicz sold 3,333 shares of Signet Jewelers stock in a transaction on Friday, February 21st. The shares were sold at an average price of $54.13, for a total value of $180,415.29. Following the transaction, the director now owns 22,752 shares in the company, valued at $1,231,565.76. This represents a 12.78 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Signet Jewelers Stock Performance

Shares of NYSE SIG opened at $52.60 on Monday. The business’s 50-day moving average price is $66.15 and its two-hundred day moving average price is $82.31. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.55 and a quick ratio of 0.25. Signet Jewelers Limited has a one year low of $52.09 and a one year high of $112.06. The company has a market capitalization of $2.29 billion, a P/E ratio of 6.05, a price-to-earnings-growth ratio of 3.43 and a beta of 2.11.

Signet Jewelers (NYSE:SIG) last released its quarterly earnings results on Thursday, December 5th. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.05). The company had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.37 billion. Signet Jewelers had a return on equity of 28.69% and a net margin of 8.57%. The business’s revenue was down 3.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.24 EPS. Analysts anticipate that Signet Jewelers Limited will post 8.73 earnings per share for the current fiscal year.

Signet Jewelers Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, January 24th were paid a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, January 24th. This represents a $1.16 annualized dividend and a dividend yield of 2.21%. Signet Jewelers’s dividend payout ratio (DPR) is presently 13.35%.

Institutional Trading of Signet Jewelers

Several large investors have recently made changes to their positions in SIG. Harbor Capital Advisors Inc. bought a new stake in shares of Signet Jewelers during the 3rd quarter worth about $25,000. Smartleaf Asset Management LLC boosted its stake in shares of Signet Jewelers by 149.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 703 shares of the company’s stock worth $57,000 after acquiring an additional 421 shares in the last quarter. Erste Asset Management GmbH acquired a new position in shares of Signet Jewelers during the 3rd quarter worth about $77,000. Sterling Capital Management LLC lifted its position in shares of Signet Jewelers by 832.9% during the 4th quarter. Sterling Capital Management LLC now owns 1,362 shares of the company’s stock worth $110,000 after purchasing an additional 1,216 shares during the last quarter. Finally, CWM LLC lifted its position in shares of Signet Jewelers by 177.3% during the 3rd quarter. CWM LLC now owns 1,148 shares of the company’s stock worth $118,000 after purchasing an additional 734 shares during the last quarter.

Analyst Upgrades and Downgrades

SIG has been the topic of a number of research analyst reports. Bank of America lowered their price target on Signet Jewelers from $95.00 to $65.00 and set a “neutral” rating on the stock in a report on Wednesday, January 15th. Telsey Advisory Group lowered their price target on Signet Jewelers from $87.00 to $65.00 and set a “market perform” rating on the stock in a report on Wednesday, January 15th. Wells Fargo & Company lowered their target price on Signet Jewelers from $110.00 to $95.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 15th. Finally, StockNews.com downgraded Signet Jewelers from a “buy” rating to a “hold” rating in a research note on Friday, December 6th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $95.20.

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.