Signet Jewelers Ltd. (SIG) Shares Sold by Teacher Retirement System of Texas
Teacher Retirement System of Texas reduced its stake in Signet Jewelers Ltd. (NYSE:SIG) by 58.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 19,599 shares of the company’s stock after selling 27,288 shares during the period. Teacher Retirement System of Texas’ holdings in Signet Jewelers were worth $1,108,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of SIG. Dimensional Fund Advisors LP grew its position in Signet Jewelers by 30.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,446,968 shares of the company’s stock valued at $96,298,000 after acquiring an additional 340,761 shares in the last quarter. Canada Pension Plan Investment Board grew its position in Signet Jewelers by 3.3% in the 3rd quarter. Canada Pension Plan Investment Board now owns 1,354,810 shares of the company’s stock valued at $90,163,000 after acquiring an additional 43,744 shares in the last quarter. Legal & General Group Plc grew its position in Signet Jewelers by 3.2% in the 3rd quarter. Legal & General Group Plc now owns 382,381 shares of the company’s stock valued at $25,449,000 after acquiring an additional 11,830 shares in the last quarter. 1060 Capital LLC acquired a new position in Signet Jewelers in the 4th quarter valued at about $19,793,000. Finally, Schwab Charles Investment Management Inc. grew its position in Signet Jewelers by 4.8% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 328,821 shares of the company’s stock valued at $18,595,000 after acquiring an additional 15,077 shares in the last quarter.
In related news, insider Oded Edelman acquired 90,398 shares of the stock in a transaction dated Friday, January 12th. The stock was acquired at an average cost of $55.31 per share, with a total value of $4,999,913.38. Following the completion of the transaction, the insider now owns 33,962 shares in the company, valued at approximately $1,878,438.22. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.52% of the company’s stock.
Signet Jewelers Ltd. (NYSE SIG) opened at $51.07 on Friday. Signet Jewelers Ltd. has a 52-week low of $46.09 and a 52-week high of $77.94. The company has a market capitalization of $3,080.00, a PE ratio of 8.87, a PEG ratio of 1.02 and a beta of 0.72. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.76 and a current ratio of 2.63.
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 2nd. Stockholders of record on Friday, February 2nd were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date was Thursday, February 1st. Signet Jewelers’s dividend payout ratio is presently 21.53%.
Signet Jewelers Company 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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