Janus Henderson Group PLC Has $79.22 Million Stake in Signet Jewelers Limited (NYSE:SIG)

Janus Henderson Group PLC lessened its position in Signet Jewelers Limited (NYSE:SIG - Free Report) by 2.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 768,087 shares of the company's stock after selling 22,290 shares during the period. Janus Henderson Group PLC owned approximately 1.74% of Signet Jewelers worth $79,221,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. Hotchkis & Wiley Capital Management LLC increased its stake in Signet Jewelers by 17.2% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 109,380 shares of the company's stock valued at $11,281,000 after purchasing an additional 16,090 shares in the last quarter. HighTower Advisors LLC bought a new stake in Signet Jewelers in the third quarter valued at approximately $225,000. Centiva Capital LP increased its stake in Signet Jewelers by 71.6% in the third quarter. Centiva Capital LP now owns 16,217 shares of the company's stock valued at $1,673,000 after purchasing an additional 6,766 shares in the last quarter. Erste Asset Management GmbH bought a new stake in Signet Jewelers in the third quarter valued at approximately $77,000. Finally, Maverick Capital Ltd. bought a new stake in Signet Jewelers in the third quarter valued at approximately $334,000.

Analysts Set New Price Targets

SIG has been the subject of several recent analyst reports. UBS Group lowered their target price on shares of Signet Jewelers from $145.00 to $132.00 and set a "buy" rating for the company in a research note on Wednesday, September 11th. StockNews.com upgraded shares of Signet Jewelers from a "hold" rating to a "buy" rating in a report on Thursday, November 28th. Bank of America reduced their price target 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. Wells Fargo & Company upped 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. Finally, Telsey Advisory Group reiterated a "market perform" rating and issued a $87.00 price target on shares of Signet Jewelers in a report on Thursday. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $109.60.

Signet Jewelers Stock Down 11.9 %

SIG traded down $11.79 during trading hours on Thursday, hitting $86.94. 4,630,916 shares of the company's stock were exchanged, compared to its average volume of 833,944. Signet Jewelers Limited has a 1-year low of $72.26 and a 1-year high of $112.06. The stock's 50-day moving average is $97.31 and its two-hundred day moving average is $91.62. The stock has a market cap of $3.83 billion, a price-to-earnings ratio of 9.97, a PEG ratio of 1.11 and a beta of 2.10.

Signet Jewelers (NYSE:SIG - Get Free Report) last announced its earnings results on Thursday, December 5th. The company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.05). Signet Jewelers had a return on equity of 29.90% and a net margin of 8.58%. The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.37 billion. During the same quarter in the previous year, the company posted $0.24 EPS. The business's revenue for the quarter was down 3.1% compared to the same quarter last year. On average, equities research analysts anticipate that Signet Jewelers Limited will post 10.8 EPS for the current year.

Signet Jewelers Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, October 25th were given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend was Friday, October 25th. Signet Jewelers's dividend payout ratio (DPR) is currently 13.43%.

Insiders Place Their Bets

In other news, CEO Virginia Drosos sold 3,475 shares of the stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of $101.67, for a total value 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Mary Elizabeth Finn sold 3,763 shares of the stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $92.32, for a total transaction of $347,400.16. Following the completion of the transaction, the insider now directly owns 43,058 shares in the company, valued at $3,975,114.56. The trade was a 8.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 46,957 shares of company stock valued at $4,599,306. 3.26% of the stock is currently owned by corporate insiders.

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.