© Reuters. Select Equity Group increased stake in Signet Jewelers Limited (us)
On the 30th of December, Select Equity Group bought 1.5 million Signet Jewelers Limited (us) (NYSE:SIG) shares for $41 million at an average price of $27.75 per share. Shares of Signet Jewelers Limited (us) are up 34.41% since the transaction.
Select Equity Group's holding in Signet Jewelers Limited (us) increased to about 8.5 million shares with the purchase.
Select Equity Group first bought Signet Jewelers Limited (us) stock in the third quarter of 2019. Select Equity Group also owns Ulta Beauty Inc (NASDAQ:ULTA), Tractor Supply Co (NASDAQ:TSCO), Williams-Sonoma Inc (NYSE:WSM) and TJX Companies Inc (NYSE:TJX). Signet Jewelers Limited (us) is its number three position by number of shares and market value among retail – specialty stocks.
Other investors who also added to their Signet Jewelers Limited (us) shares include Eaton Vance (NYSE:EV) Management and Victory Capital Management. In contrast, California State Teachers Retirement System, Citigroup (NYSE:C), and Gotham Asset Management reduced SIG shares.
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