15,175 Shares in Signet Jewelers Limited (NYSE:SIG) Acquired by Caas Capital Management LP

Caas Capital Management LP bought a new position in shares of Signet Jewelers Limited (NYSE:SIG - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 15,175 shares of the company's stock, valued at approximately $881,000.

Other large investors have also modified their holdings of the company. Allworth Financial LP boosted its position in shares of Signet Jewelers by 946.8% during the 1st quarter. Allworth Financial LP now owns 492 shares of the company's stock valued at $29,000 after acquiring an additional 445 shares during the last quarter. Versant Capital Management Inc boosted its position in shares of Signet Jewelers by 40.5% during the 1st quarter. Versant Capital Management Inc now owns 773 shares of the company's stock valued at $45,000 after acquiring an additional 223 shares during the last quarter. Byrne Asset Management LLC acquired a new position in shares of Signet Jewelers during the 1st quarter valued at about $45,000. Sterling Capital Management LLC boosted its position in shares of Signet Jewelers by 832.9% during the 4th quarter. Sterling Capital Management LLC now owns 1,362 shares of the company's stock valued at $110,000 after acquiring an additional 1,216 shares during the last quarter. Finally, CIBC Private Wealth Group LLC boosted its position in shares of Signet Jewelers by 32.9% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,656 shares of the company's stock valued at $123,000 after acquiring an additional 410 shares during the last quarter.

Signet Jewelers Stock Up 1.8%

NYSE:SIG traded up $1.42 on Monday, reaching $80.99. 913,174 shares of the company's stock were exchanged, compared to its average volume of 1,220,149. The firm has a market capitalization of $3.33 billion, a price-to-earnings ratio of 88.04, a price-to-earnings-growth ratio of 0.72 and a beta of 1.39. The business has a fifty day moving average of $73.81 and a 200-day moving average of $63.75. Signet Jewelers Limited has a 52-week low of $45.55 and a 52-week high of $106.28.

Signet Jewelers (NYSE:SIG - Get Free Report) last issued its quarterly earnings results on Tuesday, June 3rd. The company reported $1.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.01 by $0.17. The company had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.52 billion. Signet Jewelers had a net margin of 0.63% and a return on equity of 22.41%. The business's revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.11 earnings per share. As a group, equities analysts anticipate that Signet Jewelers Limited will post 8.73 earnings per share for the current year.

Signet Jewelers Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 22nd. Shareholders of record on Friday, July 25th will be paid a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, July 25th. This represents a $1.28 dividend on an annualized basis and a yield of 1.58%. Signet Jewelers's dividend payout ratio (DPR) is presently 139.13%.

Insider Transactions at Signet Jewelers

In other Signet Jewelers news, Director Helen Mccluskey purchased 1,700 shares of the business's stock in a transaction on Friday, April 25th. The shares were bought at an average cost of $58.86 per share, for a total transaction of $100,062.00. Following the completion of the purchase, the director directly owned 31,916 shares of the company's stock, valued at approximately $1,878,575.76. This trade represents a 5.63% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.00% of the stock is owned by company insiders.

Analyst Ratings Changes

SIG has been the topic of several recent research reports. Wall Street Zen cut shares of Signet Jewelers from a "buy" rating to a "hold" rating in a research report on Sunday. Jefferies Financial Group started coverage on shares of Signet Jewelers in a research report on Monday, June 16th. They issued a "buy" rating and a $102.00 target price on the stock. UBS Group upped their target price on shares of Signet Jewelers from $84.00 to $95.00 and gave the company a "buy" rating in a research report on Wednesday, June 4th. Citigroup upped their target price on shares of Signet Jewelers from $85.00 to $100.00 and gave the company a "buy" rating in a research report on Wednesday, June 4th. Finally, Cfra Research raised 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 four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $87.14.

About Signet Jewelers

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.