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

Signet Jewelers Limited (NYSE:SIG - Get Free Report) Director Eugenia Ulasewicz sold 3,333 shares of the company's stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $54.13, for a total transaction of $180,415.29. Following the sale, the director now owns 22,752 shares in the company, valued at $1,231,565.76. The trade was a 12.78 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Signet Jewelers Stock Performance

SIG stock traded up $1.00 on Tuesday, hitting $51.96. The company's stock had a trading volume of 509,368 shares, compared to its average volume of 1,704,509. Signet Jewelers Limited has a 1 year low of $50.38 and a 1 year high of $112.06. The firm has a 50 day moving average of $65.48 and a two-hundred day moving average of $82.14. The company has a current ratio of 1.55, a quick ratio of 0.25 and a debt-to-equity ratio of 0.14. The stock has a market cap of $2.26 billion, a price-to-earnings ratio of 5.98, a price-to-earnings-growth ratio of 3.43 and a beta of 2.11.

Signet Jewelers (NYSE:SIG - Get Free Report) last posted 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). Signet Jewelers had a return on equity of 28.69% and a net margin of 8.57%. The firm had revenue of $1.35 billion for the quarter, compared to analysts' expectations of $1.37 billion. During the same period in the prior year, the company earned $0.24 earnings per share. The company's revenue for the quarter was down 3.1% on a year-over-year basis. Equities analysts predict that Signet Jewelers Limited will post 8.73 EPS for the current fiscal year.

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Signet Jewelers Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, January 24th were issued a dividend of $0.29 per share. The ex-dividend date was Friday, January 24th. This represents a $1.16 annualized dividend and a yield of 2.23%. Signet Jewelers's dividend payout ratio is presently 13.35%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Wells Fargo & Company decreased their price objective on shares of Signet Jewelers from $110.00 to $95.00 and set an "overweight" rating for the company in a research report on Wednesday, January 15th. StockNews.com lowered shares of Signet Jewelers from a "buy" rating to a "hold" rating in a research note on Friday, December 6th. Bank of America reduced their price objective on shares of Signet Jewelers from $95.00 to $65.00 and set a "neutral" rating for the company in a research report on Wednesday, January 15th. Finally, Telsey Advisory Group dropped their target price on shares of Signet Jewelers from $87.00 to $65.00 and set a "market perform" rating on the stock in a research report on Wednesday, January 15th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $95.20.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Cooper Creek Partners Management LLC raised its position in Signet Jewelers by 1,046.3% during the fourth quarter. Cooper Creek Partners Management LLC now owns 1,889,413 shares of the company's stock worth $152,495,000 after acquiring an additional 1,724,592 shares during the last quarter. Anomaly Capital Management LP raised its holdings in shares of Signet Jewelers by 862.5% in the fourth quarter. Anomaly Capital Management LP now owns 1,762,523 shares of the company's stock worth $142,253,000 after acquiring an additional 1,579,410 shares during the last quarter. Norges Bank acquired a new stake in shares of Signet Jewelers during the fourth quarter valued at $40,989,000. Schonfeld Strategic Advisors LLC raised its stake in Signet Jewelers by 2,648.8% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 304,021 shares of the company's stock valued at $24,538,000 after purchasing an additional 292,961 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its holdings in Signet Jewelers by 37.4% in the 4th quarter. Janus Henderson Group PLC now owns 1,055,061 shares of the company's stock valued at $85,155,000 after purchasing an additional 286,974 shares in the last quarter.

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.