Robeco Schweiz AG Sells 40,633 Shares of Federal Signal Co. (NYSE:FSS)

Robeco Schweiz AG trimmed its stake in Federal Signal Co. (NYSE:FSS - Free Report) by 12.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 286,136 shares of the conglomerate's stock after selling 40,633 shares during the quarter. Robeco Schweiz AG owned 0.47% of Federal Signal worth $26,436,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Barclays PLC raised its holdings in Federal Signal by 338.7% in the 3rd quarter. Barclays PLC now owns 145,188 shares of the conglomerate's stock worth $13,569,000 after acquiring an additional 112,092 shares during the last quarter. First Hawaiian Bank increased its holdings in shares of Federal Signal by 520.7% in the 4th quarter. First Hawaiian Bank now owns 17,751 shares of the conglomerate's stock worth $1,640,000 after purchasing an additional 14,891 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Federal Signal by 4.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 769,047 shares of the conglomerate's stock valued at $71,875,000 after purchasing an additional 31,517 shares in the last quarter. Quest Partners LLC boosted its holdings in shares of Federal Signal by 4,025.9% during the 3rd quarter. Quest Partners LLC now owns 18,608 shares of the conglomerate's stock valued at $1,739,000 after acquiring an additional 18,157 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Federal Signal by 17.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 152,430 shares of the conglomerate's stock worth $14,246,000 after purchasing an additional 22,821 shares during the last quarter. 92.73% of the stock is owned by hedge funds and other institutional investors.

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Federal Signal Price Performance

FSS stock traded down $0.64 during mid-day trading on Friday, hitting $81.03. The company had a trading volume of 800,289 shares, compared to its average volume of 436,061. The company has a 50-day moving average price of $94.93 and a 200 day moving average price of $92.70. Federal Signal Co. has a 12-month low of $76.85 and a 12-month high of $102.18. The company has a market capitalization of $4.95 billion, a price-to-earnings ratio of 23.49, a P/E/G ratio of 1.85 and a beta of 1.01. 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 (NYSE:FSS - Get Free Report) last announced its quarterly earnings results on Wednesday, February 26th. The conglomerate reported $0.87 EPS for the quarter, meeting analysts' consensus estimates of $0.87. The company had revenue of $472.00 million during the quarter, compared to analyst estimates of $481.90 million. Federal Signal had a return on equity of 18.46% and a net margin of 11.57%. On average, research analysts anticipate that Federal Signal Co. will post 3.34 earnings per share for the current year.

Federal Signal Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Friday, March 14th will be given a dividend of $0.14 per share. The ex-dividend date is Friday, March 14th. This represents a $0.56 annualized dividend and a yield of 0.69%. This is a positive change from Federal Signal's previous quarterly dividend of $0.12. Federal Signal's dividend payout ratio (DPR) is 16.23%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on FSS shares. DA Davidson decreased their price target on shares of Federal Signal from $94.00 to $90.00 and set a "neutral" rating on the stock in a research report on Tuesday, November 5th. StockNews.com lowered shares of Federal Signal from a "buy" rating to a "hold" rating in a research report on Saturday. Finally, Raymond James reaffirmed an "outperform" rating and issued a $110.00 target price on shares of Federal Signal in a report on Tuesday, December 24th.

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.