Shares of Signet Jewelers Ltd. (NYSE:SIG) were down 2.7% on Thursday . The company traded as low as $87.06 and last traded at $87.12, with a volume of 1,403,980 shares traded. The stock had previously closed at $89.55.

A number of analysts recently weighed in on SIG shares. Cowen and Company restated an “outperform” rating on shares of Signet Jewelers in a research note on Monday, March 28th. Telsey Advisory Group reiterated a “buy” rating on shares of Signet Jewelers in a research note on Sunday, May 29th. Nomura Holdings Inc. dropped their price target on shares of Signet Jewelers from $169.00 to $148.00 and set a “buy” rating on the stock in a research note on Tuesday, May 31st. Wells Fargo & Co. reiterated an “outperform” rating and issued a $144.00 price target on shares of Signet Jewelers in a research note on Thursday, May 26th. Finally, Citigroup Inc. dropped their price target on shares of Signet Jewelers from $145.00 to $125.00 and set a “buy” rating on the stock in a research note on Friday, May 27th. One analyst has rated the stock with a hold rating and seventeen have given a buy rating to the stock. Signet Jewelers currently has an average rating of “Buy” and a consensus target price of $135.85.

The firm has a 50 day moving average of $85.96 and a 200 day moving average of $105.24. The company has a market capitalization of $6.98 billion and a PE ratio of 14.31.

Signet Jewelers (NYSE:SIG) last released its quarterly earnings results on Thursday, May 26th. The company reported $1.95 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.94 by $0.01. During the same period in the prior year, the business earned $1.62 earnings per share. The business had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.61 billion. The company’s revenue for the quarter was up 2.9% on a year-over-year basis. On average, analysts anticipate that Signet Jewelers Ltd. will post $8.25 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 26th. Investors of record on Friday, July 29th will be issued a dividend of $0.26 per share. The ex-dividend date is Wednesday, July 27th. This represents a $1.04 dividend on an annualized basis and a yield of 1.16%.

In other news, Director Virginia Drosos bought 1,135 shares of the stock in a transaction dated Friday, June 10th. The stock was bought at an average cost of $88.23 per share, with a total value of $100,141.05. Following the purchase, the director now owns 7,221 shares of the company’s stock, valued at $637,108.83. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Mark Andrew Jenkins bought 325 shares of the stock in a transaction dated Tuesday, June 14th. The stock was purchased at an average cost of $84.75 per share, with a total value of $27,543.75. Following the completion of the purchase, the insider now directly owns 14,639 shares in the company, valued at approximately $1,240,655.25. The disclosure for this purchase can be found here.

Other large investors have recently added to or reduced their stakes in the company. ProShare Advisors LLC boosted its stake in Signet Jewelers by 6.4% in the fourth quarter. ProShare Advisors LLC now owns 11,602 shares of the company’s stock valued at $1,435,000 after buying an additional 698 shares during the period. New York State Common Retirement Fund boosted its stake in Signet Jewelers by 1.6% in the fourth quarter. New York State Common Retirement Fund now owns 242,345 shares of the company’s stock valued at $29,976,000 after buying an additional 3,725 shares during the period. OppenheimerFunds Inc. boosted its stake in Signet Jewelers by 24.2% in the fourth quarter. OppenheimerFunds Inc. now owns 89,369 shares of the company’s stock valued at $11,049,000 after buying an additional 17,389 shares during the period. Brown Advisory Inc. boosted its stake in Signet Jewelers by 5.1% in the fourth quarter. Brown Advisory Inc. now owns 20,597 shares of the company’s stock valued at $2,547,000 after buying an additional 1,005 shares during the period. Finally, Vanguard Group Inc. boosted its stake in Signet Jewelers by 2.1% in the fourth quarter. Vanguard Group Inc. now owns 6,655,338 shares of the company’s stock valued at $823,199,000 after buying an additional 138,850 shares during the period.

Signet Jewelers Limited is a retailer of jewelry, watches and associated services in the United States, Canada and the United Kingdom. The Company’s segments are the Sterling Jewelers division, the UK Jewelry division, the Zale division, which consists of Zale Jewelry and Piercing Pagoda, and the Other segment.

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