Federal Signal Co. (NYSE:FSS) Shares Bought by EntryPoint Capital LLC

EntryPoint Capital LLC boosted its holdings in Federal Signal Co. (NYSE:FSS - Free Report) by 119.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,557 shares of the conglomerate's stock after purchasing an additional 4,106 shares during the quarter. Federal Signal comprises 0.3% of EntryPoint Capital LLC's investment portfolio, making the stock its 28th largest holding. EntryPoint Capital LLC's holdings in Federal Signal were worth $698,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Quarry LP boosted its stake in shares of Federal Signal by 73.5% during the third quarter. Quarry LP now owns 432 shares of the conglomerate's stock worth $40,000 after buying an additional 183 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in Federal Signal during the 3rd quarter worth approximately $46,000. Signaturefd LLC grew its stake in shares of Federal Signal by 37.4% in the 4th quarter. Signaturefd LLC now owns 606 shares of the conglomerate's stock valued at $56,000 after purchasing an additional 165 shares during the last quarter. Millburn Ridgefield Corp purchased a new position in shares of Federal Signal in the 3rd quarter valued at approximately $70,000. Finally, Mather Group LLC. increased its holdings in shares of Federal Signal by 20.1% in the fourth quarter. Mather Group LLC. now owns 889 shares of the conglomerate's stock valued at $82,000 after purchasing an additional 149 shares during the period. 92.73% of the stock is owned by hedge funds and other institutional investors.

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Analyst Ratings Changes

A number of equities analysts recently weighed in on FSS shares. Raymond James reiterated an "outperform" rating and issued a $110.00 price objective on shares of Federal Signal in a research report on Tuesday, December 24th. StockNews.com lowered shares of Federal Signal from a "buy" rating to a "hold" rating in a research note on Saturday, March 1st.

Federal Signal Price Performance

Shares of Federal Signal stock traded down $3.61 during trading on Friday, reaching $75.27. The company's stock had a trading volume of 427,426 shares, compared to its average volume of 394,790. The business has a 50 day moving average price of $88.81 and a 200-day moving average price of $90.93. The company has a market capitalization of $4.60 billion, a P/E ratio of 21.82, a price-to-earnings-growth ratio of 1.85 and a beta of 1.02. The company has a quick ratio of 1.36, a current ratio of 2.83 and a debt-to-equity ratio of 0.19. Federal Signal Co. has a 12-month low of $74.23 and a 12-month high of $102.18.

Federal Signal (NYSE:FSS - Get Free Report) last issued its earnings results on Wednesday, February 26th. The conglomerate reported $0.87 EPS for the quarter, hitting the consensus estimate of $0.87. The company had revenue of $472.00 million for the quarter, compared to analyst estimates of $481.90 million. Federal Signal had a net margin of 11.57% and a return on equity of 18.46%. As a group, sell-side analysts anticipate that Federal Signal Co. will post 3.34 EPS for the current year.

Federal Signal Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Friday, March 14th were paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 0.74%. The ex-dividend date was Friday, March 14th. This is an increase from Federal Signal's previous quarterly dividend of $0.12. Federal Signal's payout ratio is 15.95%.

Insider Buying and Selling at Federal Signal

In other news, CEO Jennifer L. Sherman bought 1,250 shares of the stock in a transaction on Friday, February 28th. The stock was purchased at an average cost of $82.32 per share, with a total value of $102,900.00. Following the purchase, the chief executive officer now owns 559,183 shares of the company's stock, valued at approximately $46,031,944.56. The trade was a 0.22 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Insiders own 3.30% of the company's stock.

Federal Signal Company Profile

Federal Signal Corp. engages in the design and manufacture of products and integrated solutions for municipal, governmental, industrial, and commercial customers. It operates through the Environmental Solutions Group and Safety and Security Systems Group segments. The Environment Solutions Group segment is involved in the manufacture and supply of street sweeper vehicles, sewer cleaners, vacuum loader trucks, hydro-excavation trucks, and water blasting equipment.