Empowered Funds LLC Has $9.09 Million Holdings in Signet Jewelers Limited (NYSE:SIG)

Empowered Funds LLC increased its stake in Signet Jewelers Limited (NYSE:SIG - Free Report) by 11.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,162 shares of the company's stock after acquiring an additional 8,880 shares during the period. Empowered Funds LLC owned approximately 0.20% of Signet Jewelers worth $9,093,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in SIG. MidWestOne Financial Group Inc. lifted its holdings in Signet Jewelers by 63.3% in the 2nd quarter. MidWestOne Financial Group Inc. now owns 16,974 shares of the company's stock valued at $1,521,000 after acquiring an additional 6,579 shares during the last quarter. Cetera Advisors LLC bought a new stake in Signet Jewelers during the first quarter worth approximately $1,093,000. Boston Partners acquired a new position in Signet Jewelers in the first quarter worth approximately $1,088,000. O Shaughnessy Asset Management LLC grew its position in Signet Jewelers by 209.7% in the first quarter. O Shaughnessy Asset Management LLC now owns 25,092 shares of the company's stock worth $2,511,000 after buying an additional 16,990 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. lifted its position in shares of Signet Jewelers by 16.4% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 527,145 shares of the company's stock valued at $47,221,000 after acquiring an additional 74,380 shares during the last quarter.

Insider Buying and Selling at Signet Jewelers

In other Signet Jewelers news, CEO Virginia Drosos sold 3,475 shares of the stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $101.67, for a total transaction of $353,303.25. Following the transaction, the chief executive officer now directly owns 775,345 shares of the company's stock, valued at $78,829,326.15. This represents a 0.45 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Mary Elizabeth Finn sold 8,000 shares of the business's stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $80.00, for a total value of $640,000.00. Following the completion of the sale, the insider now directly owns 46,821 shares of the company's stock, valued at $3,745,680. This represents a 14.59 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 54,957 shares of company stock worth $5,239,306 over the last 90 days. 3.26% of the stock is currently owned by corporate insiders.

Signet Jewelers Trading Down 0.5 %

NYSE SIG traded down $0.50 during trading on Friday, reaching $97.16. 652,867 shares of the company's stock were exchanged, compared to its average volume of 810,522. Signet Jewelers Limited has a fifty-two week low of $72.26 and a fifty-two week high of $112.06. The company's fifty day simple moving average is $95.01 and its 200-day simple moving average is $91.49. The firm has a market capitalization of $4.28 billion, a PE ratio of 11.25, a P/E/G ratio of 1.11 and a beta of 2.12.

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

Signet Jewelers Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Friday, October 25th will be given a dividend of $0.29 per share. The ex-dividend date is Friday, October 25th. This represents a $1.16 dividend on an annualized basis and a yield of 1.19%. Signet Jewelers's payout ratio is 13.43%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Telsey Advisory Group restated a "market perform" rating and issued a $87.00 target price on shares of Signet Jewelers in a report on Wednesday, October 2nd. StockNews.com cut Signet Jewelers from a "buy" rating to a "hold" rating in a research note on Thursday. UBS Group cut their price objective on Signet Jewelers from $145.00 to $132.00 and set a "buy" rating on the stock in a report on Wednesday, September 11th. Bank of America decreased their target price on shares of Signet Jewelers from $108.00 to $100.00 and set a "neutral" rating for the company in a report on Friday, September 13th. Finally, Wells Fargo & Company boosted their price target on shares of Signet Jewelers from $105.00 to $110.00 and gave the company an "overweight" rating in a report on Wednesday, October 23rd. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $109.60.

Signet Jewelers 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.