Hantz Financial Services Inc. Invests $2.11 Million in Federal Signal Co. (NYSE:FSS)

Hantz Financial Services Inc. acquired a new stake in Federal Signal Co. (NYSE:FSS - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 22,879 shares of the conglomerate's stock, valued at approximately $2,114,000.

Other institutional investors have also recently added to or reduced their stakes in the company. V Square Quantitative Management LLC purchased a new stake in shares of Federal Signal during the 3rd quarter valued at $29,000. Quarry LP grew its stake in 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 shares of Federal Signal in the third quarter worth $46,000. Point72 DIFC Ltd purchased a new position in shares of Federal Signal in the 2nd quarter valued at $62,000. Finally, Millburn Ridgefield Corp acquired a new position in shares of Federal Signal during the 3rd quarter valued at $70,000. 92.73% of the stock is currently owned by institutional investors and hedge funds.

Federal Signal Stock Down 1.3 %

Shares of Federal Signal stock traded down $1.31 during trading on Monday, reaching $97.00. The company had a trading volume of 368,778 shares, compared to its average volume of 367,494. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.36 and a current ratio of 2.83. Federal Signal Co. has a fifty-two week low of $76.03 and a fifty-two week high of $102.18. The firm's fifty day moving average is $95.97 and its 200-day moving average is $92.80. The company has a market cap of $5.93 billion, a price-to-earnings ratio of 28.12 and a beta of 1.01.

Federal Signal (NYSE:FSS - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The conglomerate reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.04. Federal Signal had a return on equity of 18.46% and a net margin of 11.57%. The firm had revenue of $474.20 million for the quarter, compared to analysts' expectations of $481.71 million. During the same period last year, the business posted $0.71 earnings per share. The firm's revenue for the quarter was up 6.2% on a year-over-year basis. On average, analysts anticipate that Federal Signal Co. will post 3.34 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Raymond James reiterated an "outperform" rating and issued a $110.00 price target on shares of Federal Signal in a report on Tuesday, December 24th. StockNews.com raised shares of Federal Signal from a "hold" rating to a "buy" rating in a research note on Saturday, December 28th. Finally, DA Davidson lowered their target price on Federal Signal from $94.00 to $90.00 and set a "neutral" rating for the company in a research note on Tuesday, November 5th.

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.