Twin Capital Management Stake in Signet Jewelers LTD (SIG) Has Trimmed by $406,626; Quinn Opportunity Partners Raised Its Goldman Sachs Group (GS) Position

January 16, 2018 - By Kurt Siggers

Quinn Opportunity Partners Llc increased its stake in Goldman Sachs Group Inc (GS) by 933.33% based on its latest 2017Q3 regulatory filing with the SEC. Quinn Opportunity Partners Llc bought 14,000 shares as the company’s stock declined 13.97% while stock markets rallied. The institutional investor held 15,500 shares of the finance company at the end of 2017Q3, valued at $3.68M, up from 1,500 at the end of the previous reported quarter. Quinn Opportunity Partners Llc who had been investing in Goldman Sachs Group Inc for a number of months, seems to be bullish on the $96.95 billion market cap company. The stock increased 0.74% or $1.9 during the last trading session, reaching $257.03. About 2.85M shares traded or 5.27% up from the average. The Goldman Sachs Group, Inc. (NYSE:GS) has risen 39.23% since January 16, 2017 and is uptrending. It has outperformed by 22.53% the S&P500.

David Simon decreased its stake in Signet Jewelers Ltd (SIG) by 13.37% based on its latest 2017Q3 regulatory filing with the SEC. Twin Capital Management Inc sold 6,161 shares as the company’s stock declined 20.65% while stock markets rallied. The hedge fund run by David Simon held 39,932 shares of the consumer specialties company at the end of 2017Q3, valued at $2.66M, down from 46,093 at the end of the previous reported quarter. Twin Capital Management Inc who had been investing in Signet Jewelers Ltd for a number of months, seems to be less bullish one the $3.45B market cap company. The stock increased 3.11% or $1.72 during the last trading session, reaching $56.94. About 2.84 million shares traded or 6.57% up from the average. Signet Jewelers Limited (NYSE:SIG) has declined 46.03% since January 16, 2017 and is downtrending. It has underperformed by 62.73% the S&P500.

Investors sentiment decreased to 0.75 in 2017 Q3. Its down 0.33, from 1.08 in 2017Q2. It dived, as 63 investors sold GS shares while 427 reduced holdings. 82 funds opened positions while 285 raised stakes. 271.74 million shares or 2.47% less from 278.62 million shares in 2017Q2 were reported. Eqis Cap Mgmt accumulated 2,112 shares or 0.03% of the stock. 5,133 are owned by Lee Danner & Bass Inc. Thompson Siegel And Walmsley Ltd Com has invested 0% in The Goldman Sachs Group, Inc. (NYSE:GS). Fayez Sarofim And has invested 0% in The Goldman Sachs Group, Inc. (NYSE:GS). Nj State Employees Deferred Compensation Plan, New Jersey-based fund reported 15,000 shares. Nippon Life Invsts Americas Incorporated accumulated 27,970 shares. Motco accumulated 115 shares. Sandy Spring Bancorp has invested 0.01% in The Goldman Sachs Group, Inc. (NYSE:GS). Jnba Financial Advsrs invested 0.01% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Barr E S And holds 4.25% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS) for 168,279 shares. Franklin Street Advsrs Inc Nc reported 10,710 shares. Magnetar Fincl Ltd Com owns 4,855 shares or 0.03% of their US portfolio. Goodwin Daniel L invested 0.63% in The Goldman Sachs Group, Inc. (NYSE:GS). Daiwa Securities Grp Inc reported 26,307 shares or 0.04% of all its holdings. Eaton Vance Mgmt stated it has 0.45% in The Goldman Sachs Group, Inc. (NYSE:GS).

Since August 1, 2017, it had 0 insider buys, and 6 selling transactions for $15.08 million activity. 4,951 shares valued at $1.19 million were sold by GNODDE RICHARD J on Wednesday, October 18. VINIAR DAVID A had sold 7,393 shares worth $1.81M on Friday, October 20. The insider ROGERS JOHN F.W. sold $4.16M. $6.13 million worth of The Goldman Sachs Group, Inc. (NYSE:GS) was sold by SCHWARTZ HARVEY M on Friday, October 20.

Among 30 analysts covering Goldman Sachs Group Inc. (NYSE:GS), 13 have Buy rating, 1 Sell and 16 Hold. Therefore 43% are positive. Goldman Sachs Group Inc. had 90 analyst reports since July 21, 2015 according to SRatingsIntel. On Friday, December 29 the stock rating was upgraded by Vertical Group to “Buy”. The firm earned “Hold” rating on Wednesday, July 13 by Berenberg. The rating was downgraded by Keefe Bruyette & Woods to “Hold” on Wednesday, July 19. The firm has “Buy” rating by UBS given on Friday, February 5. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) earned “Neutral” rating by Guggenheim on Thursday, October 20. maintained The Goldman Sachs Group, Inc. (NYSE:GS) on Monday, October 10 with “Buy” rating. On Friday, January 29 the stock rating was maintained by Oppenheimer with “Outperform”. The firm has “Hold” rating by HSBC given on Friday, August 11. The firm earned “Hold” rating on Wednesday, August 30 by RBC Capital Markets. As per Monday, January 25, the company rating was maintained by RBC Capital Markets.

Quinn Opportunity Partners Llc, which manages about $635.47 million US Long portfolio, decreased its stake in Cigna Corp (NYSE:CI) by 7,500 shares to 11,500 shares, valued at $2.15M in 2017Q3, according to the filing. It also reduced its holding in Gogo Inc (NASDAQ:GOGO) by 74,994 shares in the quarter, leaving it with 15,500 shares, and cut its stake in Finish Line/The (NASDAQ:FINL).

Among 21 analysts covering Signet Jewelers (NYSE:SIG), 8 have Buy rating, 0 Sell and 13 Hold. Therefore 38% are positive. Signet Jewelers had 71 analyst reports since July 28, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of SIG in report on Wednesday, November 22 with “Buy” rating. The company was downgraded on Wednesday, August 26 by Zacks. Goldman Sachs maintained Signet Jewelers Limited (NYSE:SIG) on Monday, March 28 with “Buy” rating. The rating was maintained by Deutsche Bank with “Buy” on Tuesday, July 28. The company was maintained on Friday, August 26 by Cowen & Co. The stock of Signet Jewelers Limited (NYSE:SIG) earned “Outperform” rating by RBC Capital Markets on Friday, March 10. The firm has “Outperform” rating given on Wednesday, August 19 by BNP Paribas. The stock of Signet Jewelers Limited (NYSE:SIG) earned “Outperform” rating by RBC Capital Markets on Friday, August 26. As per Thursday, September 10, the company rating was initiated by RBC Capital Markets. The rating was initiated by CLSA on Thursday, September 29 with “Outperform”.

Twin Capital Management Inc, which manages about $948.03 million and $1.91 billion US Long portfolio, upped its stake in Citigroup Inc Com New (NYSE:C) by 16,363 shares to 364,010 shares, valued at $26.48 million in 2017Q3, according to the filing. It also increased its holding in Huntsman Corp Common (NYSE:HUN) by 19,020 shares in the quarter, for a total of 119,580 shares, and has risen its stake in Eli Lilly Co Common Stock (NYSE:LLY).

Analysts await Signet Jewelers Limited (NYSE:SIG) to report earnings on March, 8. They expect $4.04 EPS, up 0.25% or $0.01 from last year’s $4.03 per share. SIG’s profit will be $244.50 million for 3.52 P/E if the $4.04 EPS becomes a reality. After $0.15 actual EPS reported by Signet Jewelers Limited for the previous quarter, Wall Street now forecasts 2,593.33% EPS growth.

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