Signet Jewelers Limited (NYSE:SIG - Get Free Report) Director H. Todd Stitzer sold 10,000 shares of the business's stock in a transaction dated Monday, April 22nd. The shares were sold at an average price of $100.09, for a total value of $1,000,900.00. Following the sale, the director now owns 41,678 shares of the company's stock, valued at $4,171,551.02. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
H. Todd Stitzer also recently made the following trade(s):
- On Tuesday, April 9th, H. Todd Stitzer sold 5,000 shares of Signet Jewelers stock. The shares were sold at an average price of $102.41, for a total value of $512,050.00.
Signet Jewelers Trading Up 1.0 %
NYSE SIG opened at $101.08 on Wednesday. The stock's 50 day moving average is $99.91 and its 200 day moving average is $92.95. Signet Jewelers Limited has a 12 month low of $57.10 and a 12 month high of $109.17. The stock has a market cap of $4.48 billion, a PE ratio of 6.74, a P/E/G ratio of 1.13 and a beta of 2.13.
Signet Jewelers (NYSE:SIG - Get Free Report) last posted its quarterly earnings results on Wednesday, March 20th. The company reported $6.73 EPS for the quarter, topping analysts' consensus estimates of $6.33 by $0.40. Signet Jewelers had a return on equity of 32.26% and a net margin of 11.30%. The company had revenue of $2.50 billion for the quarter, compared to analysts' expectations of $2.55 billion. During the same period in the previous year, the firm earned $5.52 EPS. The firm's revenue was down 6.3% compared to the same quarter last year. On average, analysts forecast that Signet Jewelers Limited will post 10.6 EPS for the current fiscal year.
Signet Jewelers Increases Dividend
Elon’s New Device is About to Shock the World
From InvestorPlace | Ad
Using this device you see above…
Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in…
“The next step in human evolution.”
Click here to see the details because there’s a lot of money at stake.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 24th. Shareholders of record on Friday, April 26th will be paid a $0.29 dividend. This is an increase from Signet Jewelers's previous quarterly dividend of $0.23. The ex-dividend date is Thursday, April 25th. This represents a $1.16 dividend on an annualized basis and a yield of 1.15%. Signet Jewelers's payout ratio is presently 7.74%.
Institutional Trading of Signet Jewelers
Large investors have recently added to or reduced their stakes in the company. Ronald Blue Trust Inc. increased its stake in Signet Jewelers by 187.2% in the 3rd quarter. Ronald Blue Trust Inc. now owns 494 shares of the company's stock worth $35,000 after acquiring an additional 322 shares during the last quarter. Hexagon Capital Partners LLC increased its stake in Signet Jewelers by 37.0% in the 4th quarter. Hexagon Capital Partners LLC now owns 470 shares of the company's stock worth $50,000 after acquiring an additional 127 shares during the last quarter. Harvest Fund Management Co. Ltd bought a new stake in Signet Jewelers in the 4th quarter worth approximately $64,000. Quadrant Capital Group LLC increased its stake in Signet Jewelers by 55.1% in the 4th quarter. Quadrant Capital Group LLC now owns 1,532 shares of the company's stock worth $164,000 after acquiring an additional 544 shares during the last quarter. Finally, Greenleaf Trust bought a new stake in Signet Jewelers in the 4th quarter worth approximately $202,000.
Analyst Upgrades and Downgrades
SIG has been the topic of a number of analyst reports. Bank of America lowered their price objective on Signet Jewelers from $110.00 to $100.00 and set a "neutral" rating on the stock in a research report on Thursday, March 21st. StockNews.com raised Signet Jewelers from a "hold" rating to a "buy" rating in a research report on Friday, April 19th. UBS Group boosted their price target on Signet Jewelers from $128.00 to $152.00 and gave the stock a "buy" rating in a report on Thursday, April 4th. Finally, Telsey Advisory Group boosted their price target on Signet Jewelers from $100.00 to $110.00 and gave the stock a "market perform" rating in a report on Thursday, April 4th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Signet Jewelers currently has an average rating of "Moderate Buy" and a consensus price target of $120.20.
Get Our Latest Analysis on Signet Jewelers
About Signet Jewelers
(
Get Free Report)
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
