Signet Jewelers (NYSE:SIG) Downgraded by Vetr to Buy

Lloyd Doyle
December 22, 2017

Todd Asset Management Llc acquired 61,057 shares as Cemex (CX)'s stock rose 2.44%. The institutional investor held 5.25M shares of the catalog and specialty distribution company at the end of 2017Q2, valued at $328.20 million, up from 4.60M at the end of the previous reported quarter. The company has market cap of $3.24 billion. The stock decreased 3.04% or $1.67 during the last trading session, reaching $53.25. It has outperformed by 18.55% the S&P500.

Grace & White Inc increased its stake in Signet Jewelers Limited Shs (SIG) by 52.23% based on its latest 2017Q2 regulatory filing with the SEC.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Tower Research Capital LLC TRC now owns 2,016 shares of the company's stock valued at $128,000 after purchasing an additional 335 shares during the last quarter. Dynamo Internacional Gestao De Recursos Ltda who had been investing in Signet Jewelers Limited for a number of months, seems to be less bullish one the $3.32B market cap company. The stock increased 0.27% or $0.15 during the last trading session, reaching $55.07. About 1.26 million shares traded. Twin Mgmt has invested 0.17% in Signet Jewelers Limited (NYSE:SIG). It has underperformed by 62.73% the S&P500. Out of 6 Wall Street analysts rating Signet Jewelers, 4 give it "Buy", 0 "Sell" rating, while 2 recommend "Hold". Therefore 71% are positive. Signet Jewelers had 68 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has "Sector Perform" rating given on Thursday, July 20 by RBC Capital Markets. Signet Jewelers Limited (NYSE:SIG) has declined 46.03% since December 19, 2016 and is downtrending. Citigroup downgraded the stock to "Neutral" rating in Thursday, October 22 report. CL King downgraded the stock to "Neutral" rating in Monday, May 29 report. A 4 analysts rate it as either a buy or a strong buy, while0 believe that investors should either steer clear of SIG or, if they already own its stock, sell it. The rating was upgraded by UBS to "Buy" on Friday, August 21. As per Wednesday, October 11, the company rating was initiated by Jefferies.

Investors sentiment decreased to 0.97 in 2017 Q2. The firm has a market cap of $3,252.74, a PE ratio of 8.22, a price-to-earnings-growth ratio of 1.07 and a beta of 0.94.


Abrams Bison Investments Llc holds 23.36% of its portfolio in Signet Jewelers Limited for 2.12 million shares. 37 funds opened positions while 106 raised stakes. 5,301 are held by Ls Investment Advisors. Cowen set a $54.00 target price on Signet Jewelers and gave the stock a "hold" rating in a research note on Saturday, November 25th. Shell Asset Mngmt has 4,278 shares.

Private Capital Management Llc decreased its stake in Tronox Limited (TROX) by 1.06% based on its latest 2017Q2 regulatory filing with the SEC. Principal Fincl reported 0.01% of its portfolio in Signet Jewelers Limited (NYSE:SIG). Bb&T accumulated 0.01% or 8,830 shares. State Board Of Administration Of Florida Retirement Sys holds 103,650 shares. Freestone Capital Llc invested 0.09% in Signet Jewelers Limited (NYSE:SIG).

COPYRIGHT VIOLATION NOTICE: "Somewhat Positive Media Coverage Somewhat Unlikely to Affect Signet Jewelers (SIG) Stock Price" was reported by StockNewsTimes and is owned by of StockNewsTimes. Norinchukin Bankshares The reported 29,604 shares. Fil, Bermuda-based fund reported 193,682 shares. Needham & Company LLC set a $69.00 target price on shares of Signet Jewelers and gave the company a "buy" rating in a research note on Friday, August 25th.

Among 10 analysts covering CDW (NASDAQ:CDW), 6 have Buy rating, 1 Sell and 3 Hold. Advantage Oil & Gas Ltd. had 10 analyst reports since August 7, 2015 according to SRatingsIntel. Credit Agricole has "Sell" rating and $48 target. The stock of Independent Bank Group, Inc. The firm earned "Buy" rating on Monday, June 26 by Stephens. The rating was initiated by Citigroup with "Buy" on Wednesday, October 7. Nomura maintained the stock with "Buy" rating in Tuesday, May 31 report. Telsey Advisory Group maintained the shares of SIG in report on Friday, August 25 with "Market Perform" rating. Junto Capital Mngmt LP reported 78,450 shares. The stock has "Buy" rating by KeyBanc Capital Markets on Monday, September 18. (NASDAQ:IBTX) for 277,242 shares. Another trade for 7,702 shares valued at $475,599 was sold by ROTHER CHRISTINA V. Richards Thomas E sold $984,277 worth of stock or 14,368 shares. (NASDAQ:IBTX) for 5,730 shares. Ameritas holds 0.01% or 1,657 shares in its portfolio. It also reduced its holding in Harris Corp Del (NYSE:HRS) by 11,339 shares in the quarter, leaving it with 678,768 shares, and cut its stake in Omnicom Group Inc (NYSE:OMC). As of January 28, 2017, this division operated 1,588 stores. Its up 0.08, from 0.99 in 2017Q1. Susquehanna Intl Gp Llp invested in 21,800 shares. 18 funds opened positions while 38 raised stakes. Stevens First Principles holds 0.04% of its portfolio in Merck & Co., Inc. Guggenheim Limited Liability Corporation stated it has 0% in Tronox Limited (NYSE:TROX). Rampart Invest Management Co Ltd Co invested in 0.02% or 876 shares. Ameriprise Financial Incorporated invested in 0.01% or 197,811 shares. Fjarde Ap owns 15,589 shares or 0.02% of their U.S. portfolio. The Volatility 3m is a similar percentage determined by the daily log normal returns and standard deviation of the share price over 3 months. Wolverine Asset Management Llc holds 0.01% or 17,826 shares in its portfolio.

Other reports by Iphone Fresh

Discuss This Article

FOLLOW OUR NEWSPAPER