Polianta Ltd bought a new position in shares of Signet Jewelers Ltd. (NYSE:SIG) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 22,600 shares of the company’s stock, valued at approximately $1,278,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. M&T Bank Corp raised its stake in Signet Jewelers by 0.8% during the second quarter. M&T Bank Corp now owns 7,142 shares of the company’s stock worth $452,000 after buying an additional 59 shares during the last quarter. Commonwealth Bank of Australia raised its stake in Signet Jewelers by 5.6% during the second quarter. Commonwealth Bank of Australia now owns 1,609 shares of the company’s stock worth $101,000 after buying an additional 85 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in Signet Jewelers by 19.9% during the second quarter. Tower Research Capital LLC TRC now owns 2,016 shares of the company’s stock worth $128,000 after buying an additional 335 shares during the last quarter. Hosking Partners LLP raised its stake in Signet Jewelers by 0.6% during the third quarter. Hosking Partners LLP now owns 119,049 shares of the company’s stock worth $7,923,000 after buying an additional 712 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in Signet Jewelers by 9.8% during the third quarter. Janney Montgomery Scott LLC now owns 8,082 shares of the company’s stock worth $538,000 after buying an additional 721 shares during the last quarter.

Signet Jewelers Ltd. (NYSE SIG) traded up $0.51 during trading hours on Tuesday, reaching $57.44. 3,947,300 shares of the company’s stock were exchanged, compared to its average volume of 2,535,660. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.63 and a quick ratio of 0.76. The firm has a market capitalization of $3,490.00, a PE ratio of 9.97, a price-to-earnings-growth ratio of 1.13 and a beta of 0.94. Signet Jewelers Ltd. has a 1-year low of $46.09 and a 1-year high of $88.10.

A number of equities analysts recently weighed in on SIG shares. Royal Bank of Canada lowered their target price on shares of Signet Jewelers from $66.00 to $60.00 and set an “outperform” rating for the company in a research note on Wednesday, November 22nd. Bank of America set a $66.00 target price on shares of Signet Jewelers and gave the stock a “buy” rating in a research note on Saturday, November 25th. Zacks Investment Research downgraded shares of Signet Jewelers from a “hold” rating to a “strong sell” rating in a research note on Monday, November 27th. Buckingham Research lifted their target price on shares of Signet Jewelers from $55.00 to $72.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 14th. Finally, Needham & Company LLC reissued a “buy” rating and set a $60.00 target price on shares of Signet Jewelers in a research note on Wednesday, November 22nd. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and six have given a buy rating to the company’s stock. Signet Jewelers currently has an average rating of “Hold” and a consensus price target of $65.48.

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Signet Jewelers Company Profile

Signet Jewelers Limited is a retailer of diamond jewelry. The Company’s segments include the Sterling Jewelers division; the Zale division, which consists of the Zale Jewelry and Piercing Pagoda segments; the UK Jewelry division, and Other. The Sterling Jewelers division’s stores operate in the United States principally as Kay Jewelers (Kay), Kay Jewelers Outlet, Jared The Galleria Of Jewelry (Jared) and Jared Vault.

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Institutional Ownership by Quarter for Signet Jewelers (NYSE:SIG)

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