F M Investments LLC Has $6.02 Million Stake in Federal Signal Co. (NYSE:FSS)

F M Investments LLC lowered its position in shares of Federal Signal Co. (NYSE:FSS - Free Report) by 50.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 65,150 shares of the conglomerate's stock after selling 66,838 shares during the period. F M Investments LLC owned about 0.11% of Federal Signal worth $6,019,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Mather Group LLC. increased its stake 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 buying an additional 149 shares during the period. Arizona State Retirement System increased its position in Federal Signal by 0.9% in the 4th quarter. Arizona State Retirement System now owns 17,746 shares of the conglomerate's stock valued at $1,640,000 after acquiring an additional 152 shares during the period. Albion Financial Group UT raised its stake in shares of Federal Signal by 1.3% during the fourth quarter. Albion Financial Group UT now owns 12,126 shares of the conglomerate's stock valued at $1,120,000 after acquiring an additional 153 shares during the last quarter. Signaturefd LLC raised its stake in shares of Federal Signal by 37.4% during the fourth quarter. Signaturefd LLC now owns 606 shares of the conglomerate's stock valued at $56,000 after acquiring an additional 165 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its holdings in shares of Federal Signal by 15.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,343 shares of the conglomerate's stock worth $124,000 after purchasing an additional 181 shares during the period. 92.73% of the stock is currently owned by institutional investors.

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Federal Signal Trading Down 0.1 %

Shares of FSS traded down $0.05 during trading hours on Tuesday, hitting $76.11. 83,030 shares of the stock were exchanged, compared to its average volume of 410,254. Federal Signal Co. has a fifty-two week low of $66.47 and a fifty-two week high of $102.18. The business has a 50-day moving average of $82.42 and a 200-day moving average of $89.45. The firm has a market capitalization of $4.65 billion, a P/E ratio of 22.06, a price-to-earnings-growth ratio of 1.85 and a beta of 1.11. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.83 and a quick ratio of 1.36.

Federal Signal (NYSE:FSS - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The conglomerate reported $0.87 earnings per share for the quarter, hitting the consensus estimate of $0.87. Federal Signal had a return on equity of 18.46% and a net margin of 11.57%. The firm had revenue of $472.00 million during the quarter, compared to analyst estimates of $481.90 million. On average, research analysts expect that Federal Signal Co. will post 3.34 EPS for the current year.

Federal Signal Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Friday, March 14th were paid a $0.14 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.56 annualized dividend and a dividend yield of 0.74%. This is a positive change from Federal Signal's previous quarterly dividend of $0.12. Federal Signal's payout ratio is currently 15.95%.

Insider Activity at Federal Signal

In other news, CEO Jennifer L. Sherman acquired 1,250 shares of Federal Signal stock in a transaction on Friday, February 28th. The stock was purchased at an average price of $82.32 per share, with a total value of $102,900.00. Following the completion of 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 position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 3.30% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts recently weighed in on FSS shares. StockNews.com lowered Federal Signal from a "buy" rating to a "hold" rating in a research report on Saturday, March 1st. Raymond James decreased their price target on Federal Signal from $105.00 to $100.00 and set an "outperform" rating for the company in a research note on Monday.

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.