XTX Topco Ltd Acquires Shares of 6,883 Signet Jewelers Limited (NYSE:SIG)

XTX Topco Ltd purchased a new position in shares of Signet Jewelers Limited (NYSE:SIG - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 6,883 shares of the company's stock, valued at approximately $710,000.

Other large investors have also bought and sold shares of the company. DF Dent & Co. Inc. acquired a new position in shares of Signet Jewelers in the 3rd quarter valued at $1,547,000. State Street Corp increased its holdings in Signet Jewelers by 1.0% in the third quarter. State Street Corp now owns 1,756,075 shares of the company's stock valued at $181,122,000 after purchasing an additional 16,912 shares during the last quarter. NFJ Investment Group LLC acquired a new position in Signet Jewelers in the third quarter valued at about $2,215,000. Hotchkis & Wiley Capital Management LLC boosted its holdings in Signet Jewelers by 17.2% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 109,380 shares of the company's stock worth $11,281,000 after buying an additional 16,090 shares during the last quarter. Finally, HighTower Advisors LLC acquired a new position in shares of Signet Jewelers during the 3rd quarter worth about $225,000.

Insider Activity

In other news, insider Oded Edelman sold 1,398 shares of the business's stock in a transaction dated Wednesday, October 2nd. The shares were sold at an average price of $94.53, for a total transaction of $132,152.94. Following the transaction, the insider now directly owns 32,666 shares in the company, valued at $3,087,916.98. The trade was a 4.10 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Virginia Drosos sold 3,475 shares of the firm's stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of $101.67, for a total transaction of $353,303.25. Following the completion of the sale, the chief executive officer now owns 775,345 shares of the company's stock, valued at $78,829,326.15. This trade represents a 0.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 46,957 shares of company stock worth $4,599,306 in the last quarter. Corporate insiders own 3.26% of the company's stock.

Wall Street Analyst Weigh In

SIG has been the topic of a number of analyst reports. StockNews.com downgraded shares of Signet Jewelers from a "buy" rating to a "hold" rating in a research report on Friday, December 6th. Bank of America decreased 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 raised their price objective on Signet Jewelers from $105.00 to $110.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 23rd. Telsey Advisory Group reissued a "market perform" rating and issued a $87.00 target price on shares of Signet Jewelers in a research note on Thursday, December 5th. Finally, UBS Group lowered their price target on Signet Jewelers from $145.00 to $132.00 and set a "buy" rating for the company in a report on Wednesday, September 11th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $109.60.

Signet Jewelers Stock Up 0.1 %

Shares of SIG stock traded up $0.07 on Thursday, hitting $85.08. 746,109 shares of the stock were exchanged, compared to its average volume of 842,922. The business has a 50-day moving average of $96.17 and a 200 day moving average of $91.16. Signet Jewelers Limited has a fifty-two week low of $72.26 and a fifty-two week high of $112.06. The firm has a market capitalization of $3.75 billion, a P/E ratio of 9.78, a price-to-earnings-growth ratio of 1.13 and a beta of 2.10. The company has a current ratio of 1.55, a quick ratio of 0.25 and a debt-to-equity ratio of 0.14.

Signet Jewelers (NYSE:SIG - Get Free Report) last issued its quarterly earnings results on Thursday, December 5th. The company reported $0.24 earnings per share 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 business had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.37 billion. During the same period in the prior year, the business earned $0.24 earnings per share. Signet Jewelers's revenue was down 3.1% compared to the same quarter last year. Equities analysts anticipate that Signet Jewelers Limited will post 9.9 EPS for the current year.

Signet Jewelers Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, January 24th will be paid a dividend of $0.29 per share. The ex-dividend date of this dividend is Friday, January 24th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.36%. Signet Jewelers's dividend payout ratio is 13.35%.

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.