Crossmark Global Holdings Inc. Has $7.72 Million Stake in Signet Jewelers Limited (NYSE:SIG)

Crossmark Global Holdings Inc. boosted its position in shares of Signet Jewelers Limited (NYSE:SIG - Free Report) by 2,220.2% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 132,971 shares of the company's stock after purchasing an additional 127,240 shares during the quarter. Crossmark Global Holdings Inc. owned about 0.31% of Signet Jewelers worth $7,720,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Versant Capital Management Inc grew its position in shares of Signet Jewelers by 40.5% in the first quarter. Versant Capital Management Inc now owns 773 shares of the company's stock valued at $45,000 after purchasing an additional 223 shares in the last quarter. SummerHaven Investment Management LLC grew its position in shares of Signet Jewelers by 2.7% in the first quarter. SummerHaven Investment Management LLC now owns 9,214 shares of the company's stock valued at $535,000 after purchasing an additional 242 shares in the last quarter. Yousif Capital Management LLC grew its position in shares of Signet Jewelers by 2.0% in the first quarter. Yousif Capital Management LLC now owns 17,087 shares of the company's stock valued at $992,000 after purchasing an additional 341 shares in the last quarter. Xponance Inc. grew its position in shares of Signet Jewelers by 12.2% in the fourth quarter. Xponance Inc. now owns 3,149 shares of the company's stock valued at $254,000 after purchasing an additional 343 shares in the last quarter. Finally, Atria Investments Inc grew its position in Signet Jewelers by 14.5% in the fourth quarter. Atria Investments Inc now owns 2,815 shares of the company's stock worth $227,000 after acquiring an additional 356 shares during the period.

Insider Buying and Selling at Signet Jewelers

In other Signet Jewelers news, Director Helen Mccluskey purchased 1,700 shares of the business's stock in a transaction dated Friday, April 25th. The shares were bought at an average price of $58.86 per share, with a total value of $100,062.00. Following the completion of the acquisition, the director owned 31,916 shares in the company, valued at approximately $1,878,575.76. This represents a 5.63% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.00% of the company's stock.

Signet Jewelers Stock Performance

Shares of SIG stock traded down $1.91 during trading hours on Tuesday, hitting $79.78. 1,512,998 shares of the company were exchanged, compared to its average volume of 1,213,490. Signet Jewelers Limited has a one year low of $45.55 and a one year high of $106.28. The business's 50-day simple moving average is $72.21 and its two-hundred day simple moving average is $63.79. The stock has a market capitalization of $3.28 billion, a price-to-earnings ratio of 86.72, a P/E/G ratio of 0.76 and a beta of 1.39.

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

Signet Jewelers Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 22nd. Stockholders of record on Friday, July 25th will be issued 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 dividend yield of 1.60%. Signet Jewelers's dividend payout ratio (DPR) is presently 139.13%.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. UBS Group increased their price objective on Signet Jewelers from $84.00 to $95.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. Wall Street Zen upgraded Signet Jewelers from a "hold" rating to a "buy" rating in a research report on Saturday. CL King initiated coverage on Signet Jewelers in a research note on Monday, May 5th. They set a "buy" rating and a $80.00 price target on the stock. Cfra Research upgraded Signet Jewelers to a "moderate buy" rating in a research note on Thursday, March 20th. Finally, Jefferies Financial Group began coverage on Signet Jewelers in a report on Monday, June 16th. They issued a "buy" rating and a $102.00 price objective on the stock. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $87.14.

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.