Semanteon Capital Management LP boosted its stake in shares of Federal Signal Co. (NYSE:FSS - Free Report) by 264.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,623 shares of the conglomerate's stock after purchasing an additional 8,433 shares during the quarter. Semanteon Capital Management LP's holdings in Federal Signal were worth $1,074,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also modified their holdings of the company. Mather Group LLC. lifted its position in Federal Signal by 20.1% during the fourth quarter. Mather Group LLC. now owns 889 shares of the conglomerate's stock valued at $82,000 after acquiring an additional 149 shares during the last quarter. Arizona State Retirement System increased its position in shares of Federal Signal by 0.9% during the fourth quarter. Arizona State Retirement System now owns 17,746 shares of the conglomerate's stock worth $1,640,000 after purchasing an additional 152 shares in the last quarter. Albion Financial Group UT lifted its holdings in shares of Federal Signal by 1.3% during the 4th quarter. Albion Financial Group UT now owns 12,126 shares of the conglomerate's stock valued at $1,120,000 after purchasing an additional 153 shares during the last quarter. Signaturefd LLC boosted its position in shares of Federal Signal by 37.4% in the 4th quarter. Signaturefd LLC now owns 606 shares of the conglomerate's stock worth $56,000 after purchasing an additional 165 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC grew its stake in Federal Signal by 15.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,343 shares of the conglomerate's stock worth $124,000 after buying an additional 181 shares during the last quarter. 92.73% of the stock is currently owned by institutional investors.
Federal Signal Stock Performance
Shares of NYSE FSS traded up $1.03 during mid-day trading on Tuesday, hitting $79.17. The stock had a trading volume of 512,736 shares, compared to its average volume of 361,200. The firm has a market cap of $4.84 billion, a PE ratio of 22.95, a PEG ratio of 1.85 and a beta of 1.02. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.36 and a current ratio of 2.83. The company has a 50 day moving average of $90.31 and a two-hundred day moving average of $91.13. Federal Signal Co. has a twelve month low of $74.23 and a twelve month high of $102.18.
Federal Signal (NYSE:FSS - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The conglomerate reported $0.87 earnings per share for the quarter, meeting analysts' consensus estimates of $0.87. Federal Signal had a return on equity of 18.46% and a net margin of 11.57%. The business had revenue of $472.00 million for the quarter, compared to analyst estimates of $481.90 million. Research analysts predict that Federal Signal Co. will post 3.34 EPS for the current fiscal year.
Federal Signal Increases Dividend
The firm also recently declared 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 is a positive change from Federal Signal's previous quarterly dividend of $0.12. This represents a $0.56 dividend on an annualized basis and a yield of 0.71%. Federal Signal's dividend payout ratio (DPR) is currently 15.95%.
Analysts Set New Price Targets
A number of equities research analysts have commented on the company. Raymond James reiterated an "outperform" rating and issued a $110.00 price target on shares of Federal Signal in a research note on Tuesday, December 24th. StockNews.com lowered shares of Federal Signal from a "buy" rating to a "hold" rating in a research report on Saturday, March 1st.
View Our Latest Analysis on FSS
Insider Activity
In related news, CEO Jennifer L. Sherman acquired 1,250 shares of the firm's stock in a transaction dated Friday, February 28th. The stock was acquired at an average price of $82.32 per share, with a total value of $102,900.00. Following the acquisition, the chief executive officer now directly owns 559,183 shares in the company, valued at $46,031,944.56. This represents a 0.22 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 3.30% of the company's stock.
About Federal Signal
(
Free Report)
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.
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