Signet Jewelers Limited (NYSE:SIG) Shares Sold by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. reduced its stake in Signet Jewelers Limited (NYSE:SIG) by 7.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,864 shares of the company’s stock after selling 234 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Signet Jewelers were worth $296,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Ritholtz Wealth Management raised its holdings in shares of Signet Jewelers by 4.9% in the third quarter. Ritholtz Wealth Management now owns 2,459 shares of the company’s stock worth $254,000 after buying an additional 115 shares during the last quarter. Lazard Asset Management LLC increased its position in shares of Signet Jewelers by 6.8% in the 1st quarter. Lazard Asset Management LLC now owns 1,830 shares of the company’s stock valued at $183,000 after acquiring an additional 116 shares during the period. Blue Trust Inc. raised its stake in Signet Jewelers by 15.3% in the 2nd quarter. Blue Trust Inc. now owns 917 shares of the company’s stock worth $82,000 after acquiring an additional 122 shares during the last quarter. SummerHaven Investment Management LLC lifted its position in Signet Jewelers by 1.4% during the 2nd quarter. SummerHaven Investment Management LLC now owns 10,405 shares of the company’s stock worth $932,000 after acquiring an additional 144 shares during the period. Finally, Hexagon Capital Partners LLC grew its stake in Signet Jewelers by 33.4% during the 2nd quarter. Hexagon Capital Partners LLC now owns 699 shares of the company’s stock valued at $63,000 after purchasing an additional 175 shares during the last quarter.

Insider Buying and Selling

In other Signet Jewelers news, insider Joan M. Hilson sold 8,000 shares of the stock in a transaction on Wednesday, October 23rd. The shares were sold at an average price of $94.57, for a total transaction of $756,560.00. Following the transaction, the insider now directly owns 200,844 shares of the company’s stock, valued at $18,993,817.08. This trade represents a 3.83 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Rebecca Wooters sold 22,151 shares of the company’s stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of $99.00, for a total transaction of $2,192,949.00. Following the transaction, the insider now owns 68,343 shares of the company’s stock, valued at approximately $6,765,957. This trade represents a 24.48 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 54,957 shares of company stock valued at $5,239,306. 3.26% of the stock is owned by company insiders.

Signet Jewelers Trading Down 0.5 %

Signet Jewelers stock opened at $97.16 on Monday. The firm has a market cap of $4.28 billion, a PE ratio of 11.25, a P/E/G ratio of 1.10 and a beta of 2.12. Signet Jewelers Limited has a 12 month low of $72.26 and a 12 month high of $112.06. The stock’s 50 day simple moving average is $95.01 and its two-hundred day simple moving average is $91.46.

Signet Jewelers (NYSE:SIG) last announced its quarterly earnings results on Thursday, September 12th. The company reported $1.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.14 by $0.11. Signet Jewelers had a net margin of 8.58% and a return on equity of 29.90%. The firm had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the prior year, the firm posted $1.55 earnings per share. The firm’s quarterly revenue was down 7.6% compared to the same quarter last year. On average, equities research analysts forecast that Signet Jewelers Limited will post 10.8 EPS for the current year.

Signet Jewelers Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Friday, October 25th will be paid a $0.29 dividend. The ex-dividend date is Friday, October 25th. This represents a $1.16 annualized dividend and a dividend yield of 1.19%. Signet Jewelers’s dividend payout ratio is presently 13.43%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on SIG shares. UBS Group reduced their price objective on 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 lowered shares of Signet Jewelers from a “buy” rating to a “hold” rating in a research report on Thursday. Bank of America decreased their price objective on shares of Signet Jewelers from $108.00 to $100.00 and set a “neutral” rating for the company in a research note on Friday, September 13th. Wells Fargo & Company increased their price objective on shares of Signet Jewelers from $105.00 to $110.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 23rd. Finally, Telsey Advisory Group restated a “market perform” rating and set a $87.00 target price on shares of Signet Jewelers in a research report on Wednesday, October 2nd. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $109.60.

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.