Signet Jewelers Limited (SIG) Shares Sold by BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp decreased its stake in shares of Signet Jewelers Limited (NYSE:SIG) by 43.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 25,842 shares of the company’s stock after selling 20,000 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in Signet Jewelers were worth $1,720,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of SIG. Commonwealth Bank of Australia lifted its position in shares of Signet Jewelers by 5.6% during the second quarter. Commonwealth Bank of Australia now owns 1,609 shares of the company’s stock worth $101,000 after purchasing an additional 85 shares during the last quarter. Capstone Investment Advisors Netherlands B.V. bought a new position in shares of Signet Jewelers during the second quarter worth about $121,000. Tower Research Capital LLC TRC lifted its position in shares of Signet Jewelers by 19.9% during the second quarter. Tower Research Capital LLC TRC now owns 2,016 shares of the company’s stock worth $128,000 after purchasing an additional 335 shares during the last quarter. Monroe Bank & Trust MI bought a new position in shares of Signet Jewelers during the third quarter worth about $179,000. Finally, Pitcairn Co. bought a new position in shares of Signet Jewelers during the third quarter worth about $203,000.

Shares of Signet Jewelers Limited (NYSE:SIG) traded up $0.49 during midday trading on Friday, reaching $53.75. 3,918,127 shares of the company’s stock were exchanged, compared to its average volume of 3,704,527. The company has a quick ratio of 0.76, a current ratio of 2.63 and a debt-to-equity ratio of 0.33. Signet Jewelers Limited has a 1 year low of $46.09 and a 1 year high of $96.39. The company has a market capitalization of $3,252.73, a PE ratio of 8.22, a P/E/G ratio of 1.07 and a beta of 0.94.

SIG has been the topic of several research analyst reports. Zacks Investment Research raised shares of Signet Jewelers from a “hold” rating to a “buy” rating and set a $71.00 price target on the stock in a research report on Monday, September 4th. Wells Fargo & Company set a $97.00 price target on shares of Signet Jewelers and gave the stock a “buy” rating in a research report on Wednesday, August 23rd. ValuEngine raised shares of Signet Jewelers from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Bank of America set a $66.00 price target on shares of Signet Jewelers and gave the stock a “buy” rating in a research report on Saturday, November 25th. Finally, Buckingham Research reaffirmed a “neutral” rating and set a $51.00 price target on shares of Signet Jewelers in a research report on Saturday, August 26th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and seven have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $65.48.

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About Signet Jewelers

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 (NYSE:SIG)

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