Pembroke Management LTD Has $20.68 Million Holdings in Federal Signal Co. (NYSE:FSS)

Pembroke Management LTD increased its stake in shares of Federal Signal Co. (NYSE:FSS - Free Report) by 5.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 221,260 shares of the conglomerate's stock after purchasing an additional 11,411 shares during the quarter. Federal Signal comprises about 2.7% of Pembroke Management LTD's portfolio, making the stock its 16th biggest position. Pembroke Management LTD owned 0.36% of Federal Signal worth $20,679,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of FSS. Healthcare of Ontario Pension Plan Trust Fund lifted its position in Federal Signal by 150.0% during the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 30,000 shares of the conglomerate's stock valued at $2,546,000 after purchasing an additional 18,000 shares during the period. UniSuper Management Pty Ltd bought a new position in Federal Signal in the first quarter valued at approximately $919,000. Susquehanna Fundamental Investments LLC acquired a new stake in Federal Signal during the 1st quarter worth $917,000. BNP Paribas Financial Markets raised its position in shares of Federal Signal by 74.6% during the 1st quarter. BNP Paribas Financial Markets now owns 85,516 shares of the conglomerate's stock valued at $7,258,000 after acquiring an additional 36,534 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System lifted its stake in shares of Federal Signal by 22.6% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 59,731 shares of the conglomerate's stock valued at $5,069,000 after purchasing an additional 11,013 shares during the period. Institutional investors and hedge funds own 92.73% of the company's stock.

Federal Signal Trading Up 0.3 %

Shares of Federal Signal stock traded up $0.27 during trading on Friday, reaching $81.84. 570,823 shares of the company were exchanged, compared to its average volume of 315,839. The business has a 50-day moving average price of $89.36 and a 200-day moving average price of $88.65. The firm has a market capitalization of $5.00 billion, a price-to-earnings ratio of 23.72 and a beta of 0.95. The company has a quick ratio of 1.35, a current ratio of 2.83 and a debt-to-equity ratio of 0.19. Federal Signal Co. has a twelve month low of $60.09 and a twelve month high of $102.18.

Federal Signal (NYSE:FSS - Get Free Report) last announced its quarterly earnings results on Thursday, October 31st. The conglomerate reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.04. The company had revenue of $474.20 million during the quarter, compared to analyst estimates of $481.71 million. Federal Signal had a net margin of 11.57% and a return on equity of 18.46%. The firm's revenue was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.71 EPS. Sell-side analysts anticipate that Federal Signal Co. will post 3.24 EPS for the current fiscal year.

Federal Signal Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be given a $0.12 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.48 annualized dividend and a dividend yield of 0.59%. Federal Signal's dividend payout ratio is presently 13.91%.

Insider Buying and Selling

In other Federal Signal news, Director Brenda Reichelderfer sold 25,685 shares of Federal Signal stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of $92.99, for a total value of $2,388,448.15. Following the transaction, the director now owns 57,417 shares of the company's stock, valued at approximately $5,339,206.83. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 3.10% of the stock is owned by company insiders.

Federal Signal 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.