Teachers Retirement System of The State of Kentucky Has $804,000 Position in Signet Jewelers Ltd. (SIG)

Teachers Retirement System of The State of Kentucky trimmed its position in Signet Jewelers Ltd. (NYSE:SIG) by 10.9% during the third quarter, HoldingsChannel.com reports. The fund owned 12,200 shares of the company’s stock after selling 1,500 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Signet Jewelers were worth $804,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in SIG. Nisa Investment Advisors LLC acquired a new stake in shares of Signet Jewelers in the 2nd quarter valued at approximately $112,000. Itau Unibanco Holding S.A. acquired a new stake in shares of Signet Jewelers in the 2nd quarter valued at approximately $132,000. NuWave Investment Management LLC raised its position in shares of Signet Jewelers by 140.1% in the 3rd quarter. NuWave Investment Management LLC now owns 2,840 shares of the company’s stock valued at $187,000 after acquiring an additional 1,657 shares during the period. MUFG Securities EMEA plc acquired a new stake in shares of Signet Jewelers in the 2nd quarter valued at approximately $206,000. Finally, Advisors Asset Management Inc. acquired a new stake in shares of Signet Jewelers in the 2nd quarter valued at approximately $214,000.

NYSE SIG opened at $53.04 on Tuesday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.47 and a current ratio of 2.69. Signet Jewelers Ltd. has a 12-month low of $33.11 and a 12-month high of $71.07. The company has a market capitalization of $2.74 billion, a PE ratio of 8.15, a price-to-earnings-growth ratio of 1.92 and a beta of 0.89.

A number of brokerages recently weighed in on SIG. Wells Fargo & Co reiterated a “hold” rating and issued a $65.00 price target (up from $50.00) on shares of Signet Jewelers in a research report on Thursday, August 30th. Telsey Advisory Group restated a “market perform” rating and set a $69.00 target price (up from $63.00) on shares of Signet Jewelers in a report on Friday, August 31st. Citigroup downgraded shares of Signet Jewelers from a “neutral” rating to a “sell” rating and set a $52.00 target price on the stock. in a report on Tuesday, September 4th. Zacks Investment Research upgraded shares of Signet Jewelers from a “hold” rating to a “buy” rating and set a $70.00 target price on the stock in a report on Thursday, September 6th. Finally, TheStreet upgraded shares of Signet Jewelers from a “d+” rating to a “c-” rating in a report on Tuesday, August 21st. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and one has assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $54.44.

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Signet Jewelers Profile

Signet Jewelers Limited engages in the retail sale of diamond jewelry, watches, and other products in the United States, Canada, the United Kingdom, the Republic of Ireland, and the Channel Islands. Its Sterling Jewelers division operates stores in malls and off-mall locations primarily under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, and various mall-based regional brands, as well as JamesAllen.com, an online jewelry retailer Website.

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

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