Cowen and Company Reaffirms "Hold" Rating for Signet Jewelers Limited (NYSE:SIG)

Marco Green
July 19, 2017

The hedge fund run by Thomas Steyer held 2.10 million shares of the consumer specialties company at the end of 2016Q4, valued at $198.18M, down from 3.01M at the end of the previous reported quarter. Hexavest Inc who had been investing in Cvs Health Corp Prop for a number of months, seems to be bullish on the $79.84 billion market cap company. Prudential Public Ltd Company accumulated 91,472 shares or 0.03% of the stock. Moreover, Clark Estates Inc Ny has 3.19% invested in the company for 1.43 million shares. First Horizon National Corp (NYSE:FHN) has risen 21.88% since July 18, 2016 and is uptrending. It has outperformed by 16.78% the S&P500. Baker Ellis Asset Management LLC bought a new stake in shares of Signet Jewelers Limited during the first quarter worth $500,000. Its up 15.13% from 10.83 million shares previously. Skylands Capital LLC boosted its stake in shares of Signet Jewelers Limited by 46.7% in the first quarter. The stock rose 0.25% or $0.14 reaching $57.25. The stock rose 1.31% or $0.15 reaching $11.6 per share. Signet Jewelers Limited has a 12-month low of $46.09 and a 12-month high of $101.46. It has underperformed by 62.73% the S&P500. Its up 0.23, from 0.81 in 2016Q3. It is down 0.00% since July 17, 2016 and is. Its down 0.07, from 0.76 in 2016Q3. It turned negative, as 47 investors sold Signet Jewelers Ltd. shares while 142 reduced holdings. 44 funds opened positions while 114 raised stakes. Winslow Evans Crocker holds 0% in Signet Jewelers Ltd. (NYSE:SIG) or 40 shares. $100,127 worth of Signet Jewelers Ltd. (NYSE:SIG) was bought by Stitzer H. Todd. (NASDAQ:MERC). Blackrock Institutional Tru Company Na owns 414,075 shares for 0% of their portfolio. RBC Capital Markets maintained Signet Jewelers Ltd. (NYSE:SIG) rating on Wednesday, February 3. Jane Street Gru Limited Com stated it has 0% of its portfolio in Signet Jewelers Ltd. (NYSE:SIG). Aviva Pcl reported 0.03% in Signet Jewelers Ltd. (NYSE:SIG). Brave Warrior Advsr Ltd has 9.65 million shares for 10.88% of their portfolio. Comerica Commercial Bank invested in 337,427 shares.

03/10/2017 - Signet Jewelers Limited had its "outperform" rating reiterated by analysts at RBC Capital. Marcato Capital Management Lp owns 1.01 million shares or 10.97% of their USA portfolio. Moreover, Td Asset has 0% invested in Signet Jewelers Ltd. (NYSE:SIG). During the same period in the prior year, the business earned $1.95 EPS. GRA's SI was 1.17M shares in July as released by FINRA. The company reported $1.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.66 by $0.63. Signet Jewelers Limited had a net margin of 7.46% and a return on equity of 19.20%. Therefore 86% are positive. Cowen and Company boosted their price target on Signet Jewelers Limited from $54.00 to $57.00 and gave the stock a "market perform" rating in a research report on Friday, June 23rd. The rating was upgraded by Hovde Group on Tuesday, January 5 to "Outperform". As of January 28, 2017, the Company had 3,682 stores and kiosks. As per Thursday, July 6, the company rating was maintained by RBC Capital Markets. The rating was maintained by Goldman Sachs with "Buy" on Monday, March 28. Telsey Advisory Group maintained the shares of SIG in report on Friday, August 26 with "Outperform" rating. The company was downgraded on Monday, August 29 by Johnson Rice. The firm has "Neutral" rating by CL King given on Friday, May 26. It also reduced its holding in Tyson Foods Inc (NYSE:TSN) by 13,690 shares in the quarter, leaving it with 6,659 shares, and cut its stake in Centerpoint Energy Inc (NYSE:CNP).

Dynamo Internacional Gestao De Recursos Ltda, which manages about $747.59M US Long portfolio, upped its stake in Praxair Inc (NYSE:PX) by 113,097 shares to 1.12M shares, valued at $131.29M in 2016Q4, according to the filing.

Fmr LLC decreased its position in Signet Jewelers Limited (NYSE:SIG) by 11.5% during the first quarter, according to its most recent disclosure with the SEC. More interesting news about Signet Jewelers Ltd. (NYSE:SIG) were released by: Prnewswire.com and their article: "SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of Signet Jewelers ..." published on June 26, 2017 as well as Streetinsider.com's news article titled: "Form 4 SIGNET JEWELERS LTD For: Jul 16" with publication date: July 18, 2017. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the stock. Therefore 33% are positive.

Analysts await 3D Systems Corporation (NYSE:DDD) to report earnings on August, 2. The firm has "Hold" rating given on Thursday, August 20 by Deutsche Bank. The firm has "Accumulate" rating given on Friday, December 9 by Seaport Global. On Friday, May 27 the stock rating was maintained by Telsey Advisory Group with "Outperform". The rating was upgraded by Jefferies to "Buy" on Monday, November 28. On Thursday, October 6 the stock rating was initiated by UBS with "Buy". Bank Of Hawaii Corp (NYSE:BOH) was reduced too. As per Monday, May 9, the company rating was maintained by Citigroup. The stock has "Hold" rating by Jefferies on Thursday, June 1.

Investors sentiment decreased to 0.84 in 2016 Q4. 24,000 shares were sold by McNeilly Ward D. 14 funds opened positions while 12 raised stakes. Tci Wealth Advisors has 133 shares for 0.01% of their portfolio. Antipodean Advisors Limited Liability Co owns 2.82% invested in W. R. Grace & Co (NYSE:GRA) for 104,000 shares. Prescott Grp Capital Mngmt Ltd Liability Corporation has invested 0.26% in Signet Jewelers Ltd. (NYSE:SIG). Prudential, a New Jersey-based fund reported 4,353 shares. Panagora Asset Incorporated holds 4,015 shares. State Of Alaska Department Of Revenue stated it has 0.02% in Meredith Corporation (NYSE:MDP). The Ahl Partners Llp holds 49,149 shares with $984,000 value, down from 312,740 last quarter. Jpmorgan Chase Co reported 3.56 million shares. Norinchukin Bank The reported 4,222 shares.

Large investors have recently made changes to their positions in the stock. On Tuesday, March 7 Lindell Jody S sold $969,189 worth of Cooper Companies Inc (NYSE:COO) or 5,000 shares. 2,195 shares valued at $125,036 were sold by CAPPAERT STEVEN M on Tuesday, May 2.

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