Amica Retiree Medical Trust maintained its position in shares of Signet Jewelers Ltd. (NYSE:SIG) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,552 shares of the company’s stock at the end of the third quarter. Amica Retiree Medical Trust’s holdings in Signet Jewelers were worth $190,000 as of its most recent SEC filing.
Other institutional investors also recently made changes to their positions in the company. Pacer Advisors Inc. boosted its position in shares of Signet Jewelers by 6.8% in the second quarter. Pacer Advisors Inc. now owns 1,561 shares of the company’s stock worth $129,000 after buying an additional 100 shares in the last quarter. MU Investments Co. Ltd. acquired a new stake in Signet Jewelers during the second quarter worth approximately $148,000. FNY Managed Accounts LLC acquired a new stake in Signet Jewelers during the second quarter worth approximately $181,000. Copper Rock Capital Partners LLC acquired a new stake in Signet Jewelers during the third quarter worth approximately $188,000. Finally, Advisors Asset Management Inc. boosted its stake in Signet Jewelers by 2.0% in the second quarter. Advisors Asset Management Inc. now owns 2,389 shares of the company’s stock worth $197,000 after buying an additional 46 shares in the last quarter. 98.55% of the stock is currently owned by institutional investors.
Shares of Signet Jewelers Ltd. (NYSE:SIG) traded down 0.84% during mid-day trading on Friday, reaching $93.07. 490,020 shares of the company’s stock traded hands. The stock has a market capitalization of $7.04 billion, a PE ratio of 14.18 and a beta of 1.17. Signet Jewelers Ltd. has a 12-month low of $72.65 and a 12-month high of $135.83. The company’s 50-day moving average price is $83.86 and its 200-day moving average price is $86.80.
Signet Jewelers (NYSE:SIG) last announced its quarterly earnings results on Tuesday, November 22nd. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.10. Signet Jewelers had a net margin of 7.93% and a return on equity of 18.39%. The company had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter in the prior year, the firm earned $0.33 earnings per share. The company’s revenue for the quarter was down 2.5% compared to the same quarter last year. Analysts anticipate that Signet Jewelers Ltd. will post $6.98 earnings per share for the current year.
SIG has been the topic of a number of recent analyst reports. RBC Capital Markets reissued an “outperform” rating and set a $100.00 price target (down from $120.00) on shares of Signet Jewelers in a report on Sunday, August 28th. Wells Fargo & Co. reissued an “outperform” rating on shares of Signet Jewelers in a report on Sunday, August 28th. JPMorgan Chase & Co. cut Signet Jewelers from an “overweight” rating to a “neutral” rating and decreased their price target for the company from $136.00 to $90.00 in a report on Tuesday, August 30th. Nomura reissued a “buy” rating and set a $104.00 price target on shares of Signet Jewelers in a report on Monday, August 29th. Finally, Bank of America Corp. reissued a “buy” rating and set a $110.00 price target on shares of Signet Jewelers in a report on Tuesday, September 13th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and eleven have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $106.34.
About Signet Jewelers
Signet Jewelers Limited is a retailer of jewelry, watches and associated services in the United States, Canada and the United Kingdom. The Company’s segments are the Sterling Jewelers division, the UK Jewelry division, the Zale division, which consists of Zale Jewelry and Piercing Pagoda, and the Other segment.