Signet Jewelers Limited (NYSE:SIG) Shares Bought by Cornerstone Capital Management Holdings LLC.

Cornerstone Capital Management Holdings LLC. lifted its holdings in Signet Jewelers Limited (NYSE:SIG) by 1,448.2% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 185,633 shares of the company’s stock after buying an additional 173,643 shares during the quarter. Cornerstone Capital Management Holdings LLC. owned approximately 0.27% of Signet Jewelers Limited worth $11,738,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Commonwealth Bank of Australia lifted its position in Signet Jewelers Limited by 5.6% in the 2nd quarter. Commonwealth Bank of Australia now owns 1,609 shares of the company’s stock valued at $101,000 after purchasing an additional 85 shares during the last quarter. Ameritas Investment Partners Inc. acquired a new position in Signet Jewelers Limited during the 1st quarter valued at about $115,000. Capstone Investment Advisors Netherlands B.V. acquired a new position in Signet Jewelers Limited during the 2nd quarter valued at about $121,000. FNY Managed Accounts LLC acquired a new position in shares of Signet Jewelers Limited in the 1st quarter worth approximately $153,000. Finally, Nordea Investment Management AB grew its stake in shares of Signet Jewelers Limited by 2.5% in the 1st quarter. Nordea Investment Management AB now owns 2,699 shares of the company’s stock worth $187,000 after purchasing an additional 65 shares during the last quarter.

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Shares of Signet Jewelers Limited (NYSE SIG) traded up 1.45% on Tuesday, reaching $61.48. 241,770 shares of the company traded hands. The company has a market capitalization of $3.72 billion, a P/E ratio of 9.26 and a beta of 0.98. The firm’s 50 day moving average is $65.63 and its 200 day moving average is $61.84. Signet Jewelers Limited has a one year low of $46.09 and a one year high of $101.46.

Signet Jewelers Limited (NYSE:SIG) last released its quarterly earnings data on Thursday, August 24th. The company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.10 by $0.23. Signet Jewelers Limited had a return on equity of 20.86% and a net margin of 7.62%. The business had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.33 billion. During the same quarter last year, the business posted $1.14 EPS. The business’s revenue was up 1.9% on a year-over-year basis. Analysts expect that Signet Jewelers Limited will post $7.02 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Friday, October 27th will be paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date is Thursday, October 26th. Signet Jewelers Limited’s payout ratio is presently 19.14%.

Several research firms have recently weighed in on SIG. BidaskClub cut shares of Signet Jewelers Limited from a “hold” rating to a “sell” rating in a report on Monday, July 24th. Needham & Company LLC set a $69.00 target price on shares of Signet Jewelers Limited and gave the company a “buy” rating in a research note on Saturday, August 19th. Instinet reiterated a “buy” rating and issued a $73.00 target price (up from $70.00) on shares of Signet Jewelers Limited in a research note on Monday, August 28th. Wells Fargo & Company reissued an “outperform” rating and issued a $75.00 price target (up previously from $70.00) on shares of Signet Jewelers Limited in a research report on Thursday, August 24th. Finally, Royal Bank Of Canada reissued a “buy” rating and issued a $66.00 price target on shares of Signet Jewelers Limited in a research report on Thursday, October 5th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and eight have given a buy rating to the company. The stock currently has an average rating of “Hold&

Other large investors have also recently modified their holdings of the company. Commonwealth Bank of Australia lifted its position in Signet Jewelers Limited by 5.6% in the 2nd quarter. Commonwealth Bank of Australia now owns 1,609 shares of the company’s stock valued at $101,000 after purchasing an additional 85 shares during the last quarter. Ameritas Investment Partners Inc. acquired a new position in Signet Jewelers Limited during the 1st quarter valued at about $115,000. Capstone Investment Advisors Netherlands B.V. acquired a new position in Signet Jewelers Limited during the 2nd quarter valued at about $121,000. FNY Managed Accounts LLC acquired a new position in shares of Signet Jewelers Limited in the 1st quarter worth approximately $153,000. Finally, Nordea Investment Management AB grew its stake in shares of Signet Jewelers Limited by 2.5% in the 1st quarter. Nordea Investment Management AB now owns 2,699 shares of the company’s stock worth $187,000 after purchasing an additional 65 shares during the last quarter.

TRADEMARK VIOLATION NOTICE: This piece of content was originally posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this piece of content on another domain, it was stolen and reposted in violation of U.S. & international copyright & trademark laws. The correct version of this piece of content can be accessed at https://ledgergazette.com/2017/10/17/cornerstone-capital-management-holdings-llc-grows-position-in-signet-jewelers-limited-sig.html.

Shares of Signet Jewelers Limited (NYSE SIG) traded up 1.45% on Tuesday, reaching $61.48. 241,770 shares of the company traded hands. The company has a market capitalization of $3.72 billion, a P/E ratio of 9.26 and a beta of 0.98. The firm’s 50 day moving average is $65.63 and its 200 day moving average is $61.84. Signet Jewelers Limited has a one year low of $46.09 and a one year high of $101.46.

Signet Jewelers Limited (NYSE:SIG) last released its quarterly earnings data on Thursday, August 24th. The company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.10 by $0.23. Signet Jewelers Limited had a return on equity of 20.86% and a net margin of 7.62%. The business had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.33 billion. During the same quarter last year, the business posted $1.14 EPS. The business’s revenue was up 1.9% on a year-over-year basis. Analysts expect that Signet Jewelers Limited will post $7.02 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Friday, October 27th will be paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date is Thursday, October 26th. Signet Jewelers Limited’s payout ratio is presently 19.14%.

Several research firms have recently weighed in on SIG. BidaskClub cut shares of Signet Jewelers Limited from a “hold” rating to a “sell” rating in a report on Monday, July 24th. Needham & Company LLC set a $69.00 target price on shares of Signet Jewelers Limited and gave the company a “buy” rating in a research note on Saturday, August 19th. Instinet reiterated a “buy” rating and issued a $73.00 target price (up from $70.00) on shares of Signet Jewelers Limited in a research note on Monday, August 28th. Wells Fargo & Company reissued an “outperform” rating and issued a $75.00 price target (up previously from $70.00) on shares of Signet Jewelers Limited in a research report on Thursday, August 24th. Finally, Royal Bank Of Canada reissued a “buy” rating and issued a $66.00 price target on shares of Signet Jewelers Limited in a research report on Thursday, October 5th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and eight have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $70.93.

About Signet Jewelers Limited

Signet Jewelers Limited is a retailer of diamond jewelry. The Company’s segments include the Sterling Jewelers division; the Zale division, which consists of the Zale Jewelry and Piercing Pagoda segments; the UK Jewelry division, and Other. The Sterling Jewelers division’s stores operate in the United States principally as Kay Jewelers (Kay), Kay Jewelers Outlet, Jared The Galleria Of Jewelry (Jared) and Jared Vault.

Institutional Ownership by Quarter for Signet Jewelers Limited (NYSE:SIG)

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