Federal Signal Co. (NYSE:FSS) Shares Sold by Cwm LLC

Cwm LLC lessened its stake in shares of Federal Signal Co. (NYSE:FSS) by 12.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 964 shares of the conglomerate’s stock after selling 137 shares during the quarter. Cwm LLC’s holdings in Federal Signal were worth $74,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Federal Signal by 5.5% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,667 shares of the conglomerate’s stock valued at $1,049,000 after acquiring an additional 712 shares during the last quarter. Strs Ohio lifted its holdings in shares of Federal Signal by 39.0% in the 4th quarter. Strs Ohio now owns 5,700 shares of the conglomerate’s stock valued at $437,000 after purchasing an additional 1,600 shares during the last quarter. Louisiana State Employees Retirement System acquired a new stake in shares of Federal Signal in the 4th quarter valued at about $2,341,000. Cerity Partners LLC acquired a new stake in shares of Federal Signal in the 4th quarter valued at about $313,000. Finally, Conestoga Capital Advisors LLC grew its stake in Federal Signal by 2.4% during the 4th quarter. Conestoga Capital Advisors LLC now owns 1,350,214 shares of the conglomerate’s stock worth $103,615,000 after buying an additional 31,807 shares during the last quarter. Institutional investors and hedge funds own 92.73% of the company’s stock.

Federal Signal Price Performance

Shares of NYSE FSS opened at $85.88 on Wednesday. The stock has a market cap of $5.25 billion, a P/E ratio of 29.01 and a beta of 1.02. Federal Signal Co. has a twelve month low of $51.31 and a twelve month high of $88.47. The stock has a 50 day moving average of $82.35 and a two-hundred day moving average of $76.03. The company has a current ratio of 2.82, a quick ratio of 1.29 and a debt-to-equity ratio of 0.26.

Federal Signal (NYSE:FSS) last released its quarterly earnings results on Tuesday, April 30th. The conglomerate reported $0.64 EPS for the quarter, beating the consensus estimate of $0.55 by $0.09. Federal Signal had a net margin of 10.31% and a return on equity of 17.36%. The firm had revenue of $424.90 million during the quarter, compared to the consensus estimate of $425.58 million. During the same quarter in the prior year, the firm earned $0.46 EPS. Federal Signal’s revenue for the quarter was up 10.2% on a year-over-year basis. On average, research analysts forecast that Federal Signal Co. will post 3.07 earnings per share for the current year.

Federal Signal Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Friday, May 17th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.56%. The ex-dividend date is Thursday, May 16th. Federal Signal’s dividend payout ratio is currently 16.22%.

About Federal Signal

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.