2,175 Shares in Federal Signal Co. (NYSE:FSS) Bought by BLB&B Advisors LLC

BLB&B Advisors LLC purchased a new stake in Federal Signal Co. (NYSE:FSS) during the third quarter, according to its most recent filing with the SEC. The fund purchased 2,175 shares of the conglomerate’s stock, valued at approximately $203,000.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Federal Signal by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 6,679,305 shares of the conglomerate’s stock worth $512,570,000 after buying an additional 60,696 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Federal Signal by 3.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 6,853 shares of the conglomerate’s stock valued at $526,000 after acquiring an additional 244 shares during the last quarter. Guidance Capital Inc. purchased a new position in shares of Federal Signal in the first quarter valued at $486,000. Vaughan Nelson Investment Management L.P. increased its position in Federal Signal by 14.8% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 388,263 shares of the conglomerate’s stock worth $32,952,000 after purchasing an additional 50,190 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC increased its position in Federal Signal by 2.8% in the first quarter. Allspring Global Investments Holdings LLC now owns 88,648 shares of the conglomerate’s stock worth $7,524,000 after purchasing an additional 2,396 shares during the last quarter. Hedge funds and other institutional investors own 92.73% of the company’s stock.

Federal Signal Price Performance

FSS stock opened at $84.75 on Thursday. Federal Signal Co. has a 52 week low of $57.05 and a 52 week high of $102.18. The firm has a market capitalization of $5.18 billion, a P/E ratio of 28.63 and a beta of 0.93. The company has a fifty day simple moving average of $90.75 and a two-hundred day simple moving average of $88.61. The company has a quick ratio of 1.35, a current ratio of 2.89 and a debt-to-equity ratio of 0.23.

Federal Signal (NYSE:FSS) last announced its quarterly earnings results on Thursday, July 25th. The conglomerate reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.11. Federal Signal had a net margin of 11.16% and a return on equity of 18.31%. The firm had revenue of $490.40 million during the quarter, compared to the consensus estimate of $487.74 million. During the same quarter last year, the firm earned $0.67 EPS. The firm’s revenue for the quarter was up 10.8% compared to the same quarter last year. Analysts anticipate that Federal Signal Co. will post 3.24 earnings per share for the current fiscal year.

Federal Signal Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.57%. The ex-dividend date of this dividend is Friday, November 15th. Federal Signal’s dividend payout ratio (DPR) is 16.22%.

Insider Activity

In related news, Director Brenda Reichelderfer sold 25,685 shares of the firm’s stock in a transaction on Friday, August 30th. The stock was sold at an average price of $92.99, for a total value of $2,388,448.15. Following the completion of the sale, the director now directly owns 57,417 shares in the company, valued at $5,339,206.83. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 3.10% of the company’s stock.

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.