Signet Jewelers Limited (NYSE:SIG) Shares Purchased by Invesco Ltd.

Invesco Ltd. boosted its position in shares of Signet Jewelers Limited (NYSE:SIG - Free Report) by 19.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 334,725 shares of the company's stock after purchasing an additional 53,758 shares during the quarter. Invesco Ltd. owned about 0.77% of Signet Jewelers worth $27,016,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of SIG. Grace & White Inc. NY lifted its stake in Signet Jewelers by 6.1% in the fourth quarter. Grace & White Inc. NY now owns 207,262 shares of the company's stock worth $16,728,000 after acquiring an additional 11,900 shares during the period. Illinois Municipal Retirement Fund boosted its stake in shares of Signet Jewelers by 22.3% during the fourth quarter. Illinois Municipal Retirement Fund now owns 61,568 shares of the company's stock valued at $4,969,000 after purchasing an additional 11,218 shares in the last quarter. Magnetar Financial LLC purchased a new position in Signet Jewelers during the fourth quarter valued at approximately $2,418,000. Norges Bank purchased a new stake in Signet Jewelers during the fourth quarter worth $40,989,000. Finally, Van ECK Associates Corp boosted its position in Signet Jewelers by 30.5% during the 4th quarter. Van ECK Associates Corp now owns 36,655 shares of the company's stock valued at $2,958,000 after acquiring an additional 8,574 shares in the last quarter.

Signet Jewelers Price Performance

Shares of Signet Jewelers stock traded up $2.17 on Thursday, hitting $58.74. The company's stock had a trading volume of 232,482 shares, compared to its average volume of 1,150,168. The company has a market capitalization of $2.52 billion, a price-to-earnings ratio of 6.75, a price-to-earnings-growth ratio of 3.43 and a beta of 1.63. The firm has a fifty day moving average price of $54.10 and a 200-day moving average price of $72.58. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.25 and a current ratio of 1.55. Signet Jewelers Limited has a 1 year low of $45.55 and a 1 year high of $112.06.

Signet Jewelers (NYSE:SIG - Get Free Report) last released its earnings results on Wednesday, March 19th. The company reported $6.62 EPS for the quarter, topping analysts' consensus estimates of $6.39 by $0.23. Signet Jewelers had a net margin of 8.57% and a return on equity of 28.69%. The business had revenue of $2.35 billion during the quarter, compared to analysts' expectations of $2.33 billion. During the same quarter in the previous year, the company earned $6.73 earnings per share. The company's quarterly revenue was down 5.8% on a year-over-year basis. As a group, sell-side analysts anticipate that Signet Jewelers Limited will post 8.73 earnings per share for the current fiscal year.

Signet Jewelers Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, April 25th will be given a $0.32 dividend. The ex-dividend date is Friday, April 25th. This is a positive change from Signet Jewelers's previous quarterly dividend of $0.29. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.18%. Signet Jewelers's dividend payout ratio is -168.42%.

Analyst Upgrades and Downgrades

SIG has been the topic of a number of recent analyst reports. Cfra Research raised Signet Jewelers to a "moderate buy" rating in a research report on Thursday, March 20th. Telsey Advisory Group restated a "market perform" rating and set a $55.00 price target on shares of Signet Jewelers in a research note on Wednesday, March 19th. UBS Group lifted their price target on Signet Jewelers from $85.00 to $89.00 and gave the stock a "buy" rating in a research report on Thursday, March 20th. Bank of America decreased their target price on Signet Jewelers from $95.00 to $65.00 and set a "neutral" rating for the company in a report on Wednesday, January 15th. Finally, Wells Fargo & Company reissued an "equal weight" rating and set a $70.00 price target (down from $80.00) on shares of Signet Jewelers in a research report on Tuesday, April 8th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $79.60.

Insiders Place Their Bets

In other news, Director Eugenia Ulasewicz sold 3,333 shares of Signet Jewelers stock in a transaction on Friday, February 21st. The shares were sold at an average price of $54.13, for a total transaction of $180,415.29. Following the completion of the sale, the director now directly owns 22,752 shares of the company's stock, valued at approximately $1,231,565.76. The trade was a 12.78 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO James Kevin Symancyk purchased 15,000 shares of the business's stock in a transaction on Monday, March 31st. The stock was acquired at an average price of $57.45 per share, for a total transaction of $861,750.00. Following the completion of the purchase, 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 ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 3.26% of the company's stock.

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.