2 weeks Ago By Defense World Staff
Sei Investments Co. trimmed its holdings in Federal Signal Co. ( NYSE:FSS – Free Report ) by 10.
4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,348 shares of the conglomerate’s stock after selling 3,294 shares during the quarter. Sei Investments Co.
’s holdings in Federal Signal were worth $2,619,000 at the end of the most recent quarter. Several other institutional investors and hedge funds have also added to or reduced their stakes in FSS. Mather Group LLC.
raised its position in shares of Federal Signal by 20.1% during the fourth quarter. Mather Group LLC.
now owns 889 shares of the conglomerate’s stock worth $82,000 after acquiring an additional 149 shares during the last quarter. Arizona State Retirement System increased its position in Federal Signal by 0.9% in 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 during the period. Albion Financial Group UT raised its holdings in Federal Signal by 1.3% during the 4th quarter.
Albion Financial Group UT now owns 12,126 shares of the conglomerate’s stock worth $1,120,000 after purchasing an additional 153 shares during the last quarter. Signaturefd LLC lifted its position in Federal Signal by 37.4% during the 4th quarter.
Signaturefd LLC now owns 606 shares of the conglomerate’s stock valued at $56,000 after purchasing an additional 165 shares during the period. Finally, Steward Partners Investment Advisory LLC boosted its stake in shares of Federal Signal by 15.6% in the 4th quarter.
Steward Partners Investment Advisory LLC now owns 1,343 shares of the conglomerate’s stock valued at $124,000 after purchasing an additional 181 shares during the last quarter. Institutional investors and hedge funds own 92.73% of the company’s stock.
Wall Street Analysts Forecast Growth Several brokerages have commented on FSS. StockNews.com cut shares of Federal Signal from a “buy” rating to a “hold” rating in a research report on Saturday, March 1st.
Raymond James reissued an “outperform” rating and issued a $110.00 target price on shares of Federal Signal in a research note on Tuesday, December 24th. Federal Signal Stock Down 2.
3 % Federal Signal stock opened at $71.24 on Friday. The company has a debt-to-equity ratio of 0.
19, a current ratio of 2.83 and a quick ratio of 1.36.
The company’s 50-day moving average is $86.30 and its 200-day moving average is $90.48.
The firm has a market capitalization of $4.35 billion, a PE ratio of 20.65, a P/E/G ratio of 1.
85 and a beta of 1.02. Federal Signal Co.
has a fifty-two week low of $67.60 and a fifty-two week high of $102.18.
Federal Signal ( NYSE:FSS – Get Free Report ) last released its quarterly earnings data on Wednesday, February 26th. The conglomerate reported $0.87 EPS for the quarter, meeting the consensus estimate of $0.
87. Federal Signal had a net margin of 11.57% and a return on equity of 18.
46%. The firm had revenue of $472.00 million for the quarter, compared to the consensus estimate of $481.
90 million. Sell-side analysts anticipate that Federal Signal Co. will post 3.
34 earnings per share for the current year. Federal Signal Increases Dividend The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Friday, March 14th were paid a dividend of $0.
14 per share. The ex-dividend date was Friday, March 14th. This represents a $0.
56 dividend on an annualized basis and a dividend yield of 0.79%. This is a positive change from Federal Signal’s previous quarterly dividend of $0.
12. Federal Signal’s dividend payout ratio (DPR) is 15.95%.
Insider Buying and Selling In other Federal Signal news, CEO Jennifer L. Sherman bought 1,250 shares of the firm’s stock in a transaction on Friday, February 28th. The shares were purchased at an average price of $82.
32 per share, for a total transaction of $102,900.00. Following the transaction, the chief executive officer now directly owns 559,183 shares in the company, valued at approximately $46,031,944.
56. This trade represents a 0.22 % increase in their position.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link . 3.30% of the stock is currently owned by insiders.
Federal Signal Profile ( 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. Further Reading Five stocks we like better than Federal Signal Using the MarketBeat Dividend Yield Calculator Archer Aviation’s Africa Deal Could Boost ACHR Stock 3 Warren Buffett Stocks to Buy Now Are Short Sellers Wrong About These 3 Semiconductor Stocks? How to Read Stock Charts for Beginners Boeing Gets $50B in March Orders—Is BA Stock a Buy Now? Receive News & Ratings for Federal Signal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Federal Signal and related companies with MarketBeat.com's FREE daily email newsletter .
.
