Tower Research Capital LLC TRC increased its holdings in Signet Jewelers Limited (NYSE:SIG) by 19.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,016 shares of the company’s stock after acquiring an additional 335 shares during the period. Tower Research Capital LLC TRC’s holdings in Signet Jewelers Limited were worth $128,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Commonwealth Bank of Australia lifted its stake in Signet Jewelers Limited by 5.6% in the 2nd quarter. Commonwealth Bank of Australia now owns 1,609 shares of the company’s stock worth $101,000 after acquiring an additional 85 shares in the last quarter. Ameritas Investment Partners Inc. acquired a new position in Signet Jewelers Limited in the 1st quarter worth about $115,000. Capstone Investment Advisors Netherlands B.V. acquired a new position in Signet Jewelers Limited in the 2nd quarter worth about $121,000. FNY Managed Accounts LLC acquired a new position in Signet Jewelers Limited in the 1st quarter worth about $153,000. Finally, Nordea Investment Management AB increased its position in Signet Jewelers Limited by 2.5% in the 1st quarter. Nordea Investment Management AB now owns 2,699 shares of the company’s stock worth $187,000 after purchasing an additional 65 shares during the last quarter.

SIG has been the topic of a number of analyst reports. ValuEngine raised Signet Jewelers Limited from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Northcoast Research reaffirmed a “neutral” rating on shares of Signet Jewelers Limited in a report on Friday, September 29th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $63.00 target price on shares of Signet Jewelers Limited in a report on Thursday, August 17th. Zacks Investment Research upgraded Signet Jewelers Limited from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st. Finally, Telsey Advisory Group raised their price objective on Signet Jewelers Limited from $60.00 to $66.00 and gave the stock a “market perform” rating in a research report on Friday, August 25th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the company. Signet Jewelers Limited presently has a consensus rating of “Hold” and an average target price of $70.93.

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Signet Jewelers Limited (SIG) traded up 0.29% during midday trading on Friday, reaching $61.77. The company’s stock had a trading volume of 192,617 shares. Signet Jewelers Limited has a 12 month low of $46.09 and a 12 month high of $101.46. The stock has a 50-day moving average price of $65.56 and a 200 day moving average price of $62.03. The company has a market cap of $3.73 billion, a PE ratio of 9.30 and a beta of 0.98.

Signet Jewelers Limited (NYSE:SIG) last posted its quarterly earnings data on Thursday, August 24th. The company reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.23. Signet Jewelers Limited had a net margin of 7.62% and a return on equity of 20.86%. The company had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same period in the previous year, the firm posted $1.14 EPS. The firm’s revenue was up 1.9% compared to the same quarter last year. Analysts expect that Signet Jewelers Limited will post $7.02 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Friday, October 27th will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date is Thursday, October 26th. Signet Jewelers Limited’s dividend payout ratio is currently 19.14%.

Signet Jewelers Limited 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.

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

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