Wolverine Asset Management LLC bought a new position in Signet Jewelers Ltd. (NYSE:SIG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 18,000 shares of the company’s stock, valued at approximately $1,017,000.
A number of other hedge funds have also modified their holdings of SIG. Discovery Capital Management LLC CT bought a new stake in Signet Jewelers in the fourth quarter worth approximately $77,095,000. Alliancebernstein L.P. increased its holdings in shares of Signet Jewelers by 1,105.3% during the fourth quarter. Alliancebernstein L.P. now owns 1,302,225 shares of the company’s stock valued at $73,641,000 after acquiring an additional 1,194,187 shares in the last quarter. Schroder Investment Management Group bought a new stake in shares of Signet Jewelers during the fourth quarter valued at approximately $47,013,000. Arrowstreet Capital Limited Partnership increased its holdings in shares of Signet Jewelers by 998.2% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 528,255 shares of the company’s stock valued at $29,873,000 after acquiring an additional 480,155 shares in the last quarter. Finally, 1060 Capital LLC bought a new stake in shares of Signet Jewelers during the fourth quarter valued at approximately $19,793,000.
In related news, insider Oded Edelman purchased 90,398 shares of the firm’s stock in a transaction that occurred on Friday, January 12th. The stock was acquired at an average price of $55.31 per share, for a total transaction of $4,999,913.38. Following the completion of the acquisition, the insider now owns 33,962 shares of the company’s stock, valued at approximately $1,878,438.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.52% of the company’s stock.
Shares of Signet Jewelers Ltd. (SIG) opened at $48.61 on Tuesday. Signet Jewelers Ltd. has a 1-year low of $46.09 and a 1-year high of $77.94. The stock has a market capitalization of $2,959.23, a price-to-earnings ratio of 7.89, a P/E/G ratio of 1.01 and a beta of 0.73. 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 business also recently declared a quarterly dividend, which was paid on Friday, March 2nd. Investors of record on Friday, February 2nd were issued a dividend of $0.31 per share. The ex-dividend date was Thursday, February 1st. This represents a $1.24 annualized dividend and a yield of 2.55%. Signet Jewelers’s dividend payout ratio (DPR) is currently 20.39%.
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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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