Signet Jewelers Limited (SIG) Position Reduced by Chevy Chase Trust Holdings Inc.

Chevy Chase Trust Holdings Inc. decreased its position in Signet Jewelers Limited (NYSE:SIG) by 10.5% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 52,732 shares of the company’s stock after selling 6,194 shares during the period. Chevy Chase Trust Holdings Inc. owned about 0.09% of Signet Jewelers worth $3,509,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of SIG. Alps Advisors Inc. boosted its stake in shares of Signet Jewelers by 0.3% during the 2nd quarter. Alps Advisors Inc. now owns 7,060 shares of the company’s stock valued at $446,000 after buying an additional 19 shares during the period. M&T Bank Corp boosted its stake in shares of Signet Jewelers by 0.8% during the 2nd quarter. M&T Bank Corp now owns 7,142 shares of the company’s stock valued at $452,000 after buying an additional 59 shares during the period. Commonwealth Bank of Australia boosted its stake in shares of Signet Jewelers by 5.6% during the 2nd quarter. Commonwealth Bank of Australia now owns 1,609 shares of the company’s stock valued at $101,000 after buying an additional 85 shares during the period. Tower Research Capital LLC TRC boosted its stake in shares of Signet Jewelers by 19.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,016 shares of the company’s stock valued at $128,000 after buying an additional 335 shares during the period. Finally, Hosking Partners LLP boosted its stake in shares of Signet Jewelers by 0.6% during the 3rd quarter. Hosking Partners LLP now owns 119,049 shares of the company’s stock valued at $7,923,000 after buying an additional 712 shares during the period.

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

Signet Jewelers Limited (SIG) traded up $0.49 during trading on Friday, hitting $53.75. 3,918,127 shares of the stock were exchanged, compared to its average volume of 3,704,527. The company has a market cap of $3,252.73, a P/E ratio of 8.22, a P/E/G ratio of 1.07 and a beta of 0.94. 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 fifty-two week low of $46.09 and a fifty-two week high of $96.39.

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Signet Jewelers Profile

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.

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

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