Royce & Associates LP Purchases 9,559 Shares of Signet Jewelers Limited (NYSE:SIG)

Royce & Associates LP increased its holdings in Signet Jewelers Limited (NYSE:SIG) by 5.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 202,280 shares of the company’s stock after acquiring an additional 9,559 shares during the period. Royce & Associates LP owned about 0.47% of Signet Jewelers worth $16,326,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of SIG. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Signet Jewelers by 23.0% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,909 shares of the company’s stock worth $1,042,000 after purchasing an additional 2,411 shares during the last quarter. Amundi boosted its holdings in shares of Signet Jewelers by 177.7% in the 4th quarter. Amundi now owns 22,230 shares of the company’s stock worth $1,656,000 after buying an additional 14,224 shares during the last quarter. Callan Family Office LLC bought a new position in Signet Jewelers during the fourth quarter valued at about $246,000. Raymond James Financial Inc. purchased a new stake in Signet Jewelers during the fourth quarter worth about $306,000. Finally, Aigen Investment Management LP raised its position in Signet Jewelers by 36.0% in the fourth quarter. Aigen Investment Management LP now owns 3,357 shares of the company’s stock worth $271,000 after acquiring an additional 888 shares during the period.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on SIG shares. Bank of America decreased their price target on shares of Signet Jewelers from $95.00 to $65.00 and set a “neutral” rating for the company in a research note on Wednesday, January 15th. Telsey Advisory Group lowered their target price on Signet Jewelers from $65.00 to $55.00 and set a “market perform” rating on the stock in a research note on Thursday. Wells Fargo & Company dropped their price target on Signet Jewelers from $110.00 to $95.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 15th. Finally, StockNews.com lowered Signet Jewelers from a “buy” rating to a “hold” rating in a report on Friday, December 6th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $93.20.

Insider Activity at Signet Jewelers

In other Signet Jewelers news, Director Eugenia Ulasewicz sold 3,333 shares of Signet Jewelers stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $54.13, for a total transaction of $180,415.29. Following the completion of 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 3.26% of the stock is currently owned by corporate insiders.

Signet Jewelers Trading Up 3.3 %

NYSE:SIG opened at $47.96 on Monday. Signet Jewelers Limited has a 1 year low of $45.55 and a 1 year high of $112.06. The stock’s fifty day moving average price is $56.75 and its two-hundred day moving average price is $79.32. 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 company has a market cap of $2.09 billion, a P/E ratio of 5.52, a P/E/G ratio of 3.43 and a beta of 2.20.

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.