Signet Jewelers Limited (NYSE:SIG) Holdings Lifted by Centiva Capital LP

Centiva Capital LP lifted its stake in Signet Jewelers Limited (NYSE:SIG - Free Report) by 71.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,217 shares of the company's stock after buying an additional 6,766 shares during the period. Centiva Capital LP's holdings in Signet Jewelers were worth $1,673,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Khrom Capital Management LLC purchased a new position in Signet Jewelers in the second quarter valued at about $58,357,000. Eminence Capital LP boosted its holdings in Signet Jewelers by 71.3% in the second quarter. Eminence Capital LP now owns 844,428 shares of the company's stock valued at $75,644,000 after purchasing an additional 351,588 shares during the last quarter. Select Equity Group L.P. boosted its holdings in Signet Jewelers by 2.9% in the second quarter. Select Equity Group L.P. now owns 6,949,785 shares of the company's stock valued at $622,562,000 after purchasing an additional 193,977 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Signet Jewelers by 6.7% in the second quarter. Dimensional Fund Advisors LP now owns 2,386,787 shares of the company's stock valued at $213,809,000 after purchasing an additional 149,934 shares during the last quarter. Finally, Pacer Advisors Inc. boosted its holdings in Signet Jewelers by 6.5% in the second quarter. Pacer Advisors Inc. now owns 2,069,071 shares of the company's stock valued at $185,347,000 after purchasing an additional 126,726 shares during the last quarter.

Signet Jewelers Price Performance

Shares of NYSE SIG traded up $0.42 during mid-day trading on Wednesday, hitting $98.73. The company had a trading volume of 1,647,066 shares, compared to its average volume of 817,619. The firm's 50 day simple moving average is $97.34 and its two-hundred day simple moving average is $91.57. The stock has a market cap of $4.35 billion, a price-to-earnings ratio of 11.38, a PEG ratio of 1.13 and a beta of 2.10. Signet Jewelers Limited has a 12 month low of $72.26 and a 12 month high of $112.06.

Signet Jewelers (NYSE:SIG - Get Free Report) last announced its earnings results on Thursday, September 12th. The company reported $1.25 earnings per share for the quarter, beating the consensus estimate of $1.14 by $0.11. The firm had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.50 billion. Signet Jewelers had a return on equity of 29.90% and a net margin of 8.58%. The firm's revenue for the quarter was down 7.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.55 EPS. Equities analysts forecast that Signet Jewelers Limited will post 10.8 earnings per share for the current year.

Signet Jewelers Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, October 25th were paid a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date of this dividend was Friday, October 25th. Signet Jewelers's dividend payout ratio is presently 13.43%.

Analysts Set New Price Targets

SIG has been the subject of several research reports. Bank of America decreased their target price on Signet Jewelers from $108.00 to $100.00 and set a "neutral" rating for the company in a research report on Friday, September 13th. Wells Fargo & Company lifted their target price on Signet Jewelers from $105.00 to $110.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 23rd. StockNews.com upgraded Signet Jewelers from a "hold" rating to a "buy" rating in a research report on Thursday, November 28th. UBS Group decreased their target price on Signet Jewelers from $145.00 to $132.00 and set a "buy" rating for the company in a research report on Wednesday, September 11th. Finally, Telsey Advisory Group reissued a "market perform" rating and issued a $87.00 price target on shares of Signet Jewelers in a report on Wednesday, November 27th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $109.60.

Insider Transactions at Signet Jewelers

In other news, insider Rebecca Wooters sold 22,151 shares of the business's stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of $99.00, for a total value of $2,192,949.00. Following the sale, the insider now owns 68,343 shares of the company's stock, valued at approximately $6,765,957. The trade was a 24.48 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Eugenia Ulasewicz sold 3,333 shares of Signet Jewelers stock in a transaction on Monday, October 21st. The stock was sold at an average price of $99.63, for a total value of $332,066.79. Following the completion of the transaction, the director now owns 26,085 shares in the company, valued at $2,598,848.55. The trade was a 11.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 46,957 shares of company stock valued at $4,599,306. Corporate insiders own 3.26% of the company's stock.

About Signet Jewelers

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.