Signet Jewelers Ltd. (SIG) Position Cut by California State Teachers Retirement System

California State Teachers Retirement System cut its position in shares of Signet Jewelers Ltd. (NYSE:SIG) by 6.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 121,642 shares of the company’s stock after selling 8,737 shares during the period. California State Teachers Retirement System owned 0.20% of Signet Jewelers worth $8,095,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SIG. Dimensional Fund Advisors LP boosted its holdings in Signet Jewelers by 64.7% during the second quarter. Dimensional Fund Advisors LP now owns 1,106,207 shares of the company’s stock worth $69,960,000 after buying an additional 434,562 shares in the last quarter. FMR LLC boosted its holdings in Signet Jewelers by 59.5% during the second quarter. FMR LLC now owns 1,159,117 shares of the company’s stock worth $73,303,000 after buying an additional 432,507 shares in the last quarter. Sapience Investments LLC boosted its holdings in Signet Jewelers by 4,383.9% during the second quarter. Sapience Investments LLC now owns 428,210 shares of the company’s stock worth $27,080,000 after buying an additional 418,660 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in Signet Jewelers by 30.7% during the second quarter. Wells Fargo & Company MN now owns 1,699,103 shares of the company’s stock worth $107,451,000 after buying an additional 399,070 shares in the last quarter. Finally, ARGA Investment Management LP boosted its holdings in Signet Jewelers by 7,204.6% during the second quarter. ARGA Investment Management LP now owns 394,449 shares of the company’s stock worth $24,945,000 after buying an additional 389,049 shares in the last quarter.

Signet Jewelers Ltd. (NYSE SIG) opened at $56.63 on Thursday. The company has a current ratio of 2.63, a quick ratio of 0.76 and a debt-to-equity ratio of 0.33. The stock has a market cap of $3,490.00, a price-to-earnings ratio of 9.83, a price-to-earnings-growth ratio of 1.13 and a beta of 0.94. Signet Jewelers Ltd. has a twelve month low of $46.09 and a twelve month high of $96.39.

A number of analysts recently issued reports on the stock. ValuEngine raised shares of Signet Jewelers from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Northcoast Research reaffirmed a “neutral” rating on shares of Signet Jewelers in a report on Friday, September 29th. Needham & Company LLC increased their price objective on shares of Signet Jewelers from $69.00 to $74.00 and gave the company a “buy” rating in a report on Wednesday, September 20th. Royal Bank of Canada reaffirmed a “buy” rating and set a $66.00 price objective on shares of Signet Jewelers in a report on Thursday, October 5th. Finally, Vetr downgraded shares of Signet Jewelers from a “strong-buy” rating to a “buy” rating and set a $57.72 price objective on the stock. in a report on Monday, December 11th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and seven have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $65.48.

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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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