Signet Jewelers Ltd (NYSE:SIG).
Hosking Partners Llp increased its ownership in Signet Jewelers Ltd by 712 shares as reported in a filing on 11/15/2017. Its stake stood at $7,923,000 an increase of 5.9% as of quarter end.
The following firms have recently changed their position in SIG. As of the end of the quarter Commonwealth Of Pennsylvania Public School Empls Retrmt SYS had sold 165 shares trimming its holdings by 3.2%. The value in dollars went from $321,000 to $327,000 increasing 1.9% since the last quarter. Raymond James & Associates divested its investment by selling 1,617 shares a decrease of 19.6% from 06/30/2017 to 09/30/2017. Raymond James & Associates owns 6,632 shares valued at $441,000. The total value of its holdings decreased 15.5%.
Snow Capital Management Lp trimmed its ownership by shedding 4,456 shares a decrease of 7.1% in the quarter. Snow Capital Management Lp currently owns 58,049 shares with a value of $3,863,000. The value of the position overall is down by 2.3%.
Susquehanna Bancshares updated coverage of SIG giving it an initial rating of “Neutral”. On October 5 Royal Bank Of Canada left the company rating at “Buy” with a current price target of $66.00.
On September 29, 2017 Northcoast Research kept a “Neutral” rating on the company. Equity analyst Needham & Company LLC raised the price target on September 20 changing the price objective from $69.00 to $74.00 with a rating of “Buy”.
September 12 investment analysts at Cowen and Company made no change to the company rating of “Market Perform” targeting a price of $67.00. On August 28 Instinet kept the stock rating at “Buy” projecting a price of $73.00.
In the market the company is trading up from yesterday’s close of 72.46. The company’s P/E ratio is 11.89 and the market cap of the company is 4.43B. In the last earnings report the EPS was $6.16 with 60.46M shares now outstanding.
Traders are feeling more bullish on shares of the company of late at least if you consider the decrease in short interest. The stock recorded a fall in short interest of -2.61% as of the latest report on October 13, 2017. Short shares decreased 361,740 over that period. With short interest at 13,502,345 and short average daily volume at 1,120,566, days to cover is 12.0 and the short interest percentage is 0.22% as of October 13.