Eugenia Ulasewicz Sells 3,333 Shares of Signet Jewelers Limited (NYSE:SIG) Stock

Signet Jewelers Limited (NYSE:SIG) Director Eugenia Ulasewicz sold 3,333 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $54.13, for a total value of $180,415.29. Following the sale, the director now owns 22,752 shares in the company, valued at approximately $1,231,565.76. This trade represents a 12.78 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Signet Jewelers Stock Down 2.8 %

Shares of NYSE:SIG opened at $52.60 on Friday. Signet Jewelers Limited has a 52-week low of $52.09 and a 52-week high of $112.06. The stock has a market cap of $2.29 billion, a P/E ratio of 6.05, a price-to-earnings-growth ratio of 3.43 and a beta of 2.11. The business’s 50 day moving average is $66.15 and its 200 day moving average is $82.25. The company has a quick ratio of 0.25, a current ratio of 1.55 and a debt-to-equity ratio of 0.14.

Signet Jewelers (NYSE:SIG) last announced its quarterly earnings data on Thursday, December 5th. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.05). Signet Jewelers had a return on equity of 28.69% and a net margin of 8.57%. The firm had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.37 billion. During the same period last year, the company earned $0.24 EPS. The firm’s revenue for the quarter was down 3.1% compared to the same quarter last year. Sell-side analysts predict that Signet Jewelers Limited will post 8.73 EPS for the current year.

Signet Jewelers Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, January 24th were paid a $0.29 dividend. The ex-dividend date of this dividend was Friday, January 24th. This represents a $1.16 annualized dividend and a yield of 2.21%. Signet Jewelers’s dividend payout ratio (DPR) is currently 13.35%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. StockNews.com downgraded Signet Jewelers from a “buy” rating to a “hold” rating in a report on Friday, December 6th. Telsey Advisory Group reduced their price target on Signet Jewelers from $87.00 to $65.00 and set a “market perform” rating on the stock in a report on Wednesday, January 15th. Bank of America reduced their price target on Signet Jewelers from $95.00 to $65.00 and set a “neutral” rating on the stock in a report on Wednesday, January 15th. Finally, Wells Fargo & Company reduced their price target on Signet Jewelers from $110.00 to $95.00 and set an “overweight” rating on the stock in a report on Wednesday, January 15th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $95.20.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of SIG. CWM LLC grew its stake in Signet Jewelers by 177.3% in the third quarter. CWM LLC now owns 1,148 shares of the company’s stock worth $118,000 after purchasing an additional 734 shares in the last quarter. Creative Planning boosted its position in Signet Jewelers by 26.0% during the 3rd quarter. Creative Planning now owns 9,827 shares of the company’s stock valued at $1,014,000 after acquiring an additional 2,029 shares in the last quarter. Mount Yale Investment Advisors LLC bought a new stake in Signet Jewelers during the 3rd quarter valued at $288,000. GW Henssler & Associates Ltd. bought a new stake in Signet Jewelers during the 3rd quarter valued at $227,000. Finally, Trajan Wealth LLC bought a new stake in Signet Jewelers during the 3rd quarter valued at $258,000.

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.