Sei Investments Co. Sells 1,000 Shares of Signet Jewelers Limited (NYSE:SIG)

Sei Investments Co. decreased its holdings in Signet Jewelers Limited ( NYSE:SIG – Free Report ) by 14.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC.

The fund owned 5,751 shares of the company’s stock after selling 1,000 shares during the quarter. Sei Investments Co.’s holdings in Signet Jewelers were worth $464,000 as of its most recent SEC filing.



A number of other hedge funds and other institutional investors have also modified their holdings of SIG. American Century Companies Inc. boosted its holdings in Signet Jewelers by 18.

9% during the fourth quarter. American Century Companies Inc. now owns 1,150,441 shares of the company’s stock worth $92,852,000 after buying an additional 182,948 shares during the last quarter.

Magnetar Financial LLC acquired a new stake in Signet Jewelers during the fourth quarter worth approximately $2,418,000. Xponance Inc. increased its position in Signet Jewelers by 12.

2% during the fourth quarter. Xponance Inc. now owns 3,149 shares of the company’s stock worth $254,000 after acquiring an additional 343 shares during the period.

William Blair Investment Management LLC lifted its position in shares of Signet Jewelers by 33.2% during the 4th quarter. William Blair Investment Management LLC now owns 309,129 shares of the company’s stock valued at $24,950,000 after acquiring an additional 76,966 shares during the period.

Finally, Cibc World Markets Corp acquired a new position in shares of Signet Jewelers during the 4th quarter worth $319,000. Analyst Upgrades and Downgrades SIG has been the topic of several research reports. UBS Group boosted their price target on Signet Jewelers from $85.

00 to $89.00 and gave the stock a “buy” rating in a report on Thursday, March 20th. Telsey Advisory Group reissued a “market perform” rating and issued a $55.

00 price target on shares of Signet Jewelers in a report on Wednesday, March 19th. Bank of America lowered their target price on shares of Signet Jewelers from $95.00 to $65.

00 and set a “neutral” rating on the stock in a report on Wednesday, January 15th. Wells Fargo & Company reissued an “equal weight” rating and set a $70.00 price objective (down previously from $80.

00) on shares of Signet Jewelers in a report on Tuesday. Finally, Cfra Research upgraded shares of Signet Jewelers to a “moderate buy” rating in a research report on Thursday, March 20th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock.

Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $79.60. Insiders Place Their Bets In other Signet Jewelers news, CEO James Kevin Symancyk purchased 15,000 shares of Signet Jewelers stock in a transaction on Monday, March 31st.

The stock was bought at an average cost of $57.45 per share, with a total value of $861,750.00.

Following the transaction, the chief executive officer now owns 50,710 shares of the company’s stock, valued at $2,913,289.50. This represents a 42.

01 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink . Also, Director Eugenia Ulasewicz sold 3,333 shares of Signet Jewelers stock in a transaction dated Friday, February 21st.

The shares were sold at an average price of $54.13, for a total value of $180,415.29.

Following the transaction, the director now owns 22,752 shares of the company’s stock, valued at $1,231,565.76. The trade was a 12.

78 % decrease in their position. The disclosure for this sale can be found here . 3.

26% of the stock is currently owned by corporate insiders. Signet Jewelers Trading Up 16.4 % Shares of NYSE SIG opened at $59.

12 on Thursday. Signet Jewelers Limited has a 1-year low of $45.55 and a 1-year high of $112.

06. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.

55 and a quick ratio of 0.25. The business’s 50 day moving average is $53.

87 and its two-hundred day moving average is $75.34. The stock has a market capitalization of $2.

54 billion, a P/E ratio of 6.80, a PEG ratio of 3.43 and a beta of 1.

63. Signet Jewelers ( NYSE:SIG – Get Free Report ) last issued its quarterly earnings results on Wednesday, March 19th. The company reported $6.

62 earnings per share for the quarter, topping the consensus estimate of $6.39 by $0.23.

Signet Jewelers had a return on equity of 28.69% and a net margin of 8.57%.

The firm had revenue of $2.35 billion for the quarter, compared to the consensus estimate of $2.33 billion.

During the same period in the prior year, the business posted $6.73 earnings per share. The company’s revenue for the quarter was down 5.

8% on a year-over-year basis. As a group, research analysts expect that Signet Jewelers Limited will post 8.73 EPS for the current year.

Signet Jewelers Increases Dividend The business also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Friday, April 25th will be paid a $0.32 dividend.

This represents a $1.28 annualized dividend and a yield of 2.17%.

The ex-dividend date is Friday, April 25th. This is a positive change from Signet Jewelers’s previous quarterly dividend of $0.29.

Signet Jewelers’s payout ratio is -168.42%. Signet Jewelers Profile ( Free Report ) 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. Further Reading Five stocks we like better than Signet Jewelers Stock Dividend Cuts Happen Are You Ready? Quantum Computing: The $6.

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