RPg Family Wealth Advisory LLC Has $47,000 Stock Holdings in Federal Signal Co. (NYSE:FSS)

RPg Family Wealth Advisory LLC trimmed its position in Federal Signal Co. (NYSE:FSS) by 99.4% in the third quarter, Holdings Channel.com reports. The firm owned 505 shares of the conglomerate’s stock after selling 86,419 shares during the period. RPg Family Wealth Advisory LLC’s holdings in Federal Signal were worth $47,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FSS. Conestoga Capital Advisors LLC lifted its stake in shares of Federal Signal by 2.6% in the 3rd quarter. Conestoga Capital Advisors LLC now owns 1,389,045 shares of the conglomerate’s stock valued at $129,820,000 after purchasing an additional 35,167 shares during the period. Driehaus Capital Management LLC boosted its holdings in Federal Signal by 20.3% during the second quarter. Driehaus Capital Management LLC now owns 912,392 shares of the conglomerate’s stock worth $76,340,000 after buying an additional 153,765 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Federal Signal by 4.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 769,047 shares of the conglomerate’s stock worth $71,875,000 after purchasing an additional 31,517 shares during the period. Global Alpha Capital Management Ltd. raised its stake in Federal Signal by 1.5% during the 3rd quarter. Global Alpha Capital Management Ltd. now owns 602,613 shares of the conglomerate’s stock worth $56,320,000 after buying an additional 9,100 shares during the period. Finally, Bank of New York Mellon Corp raised its position in shares of Federal Signal by 2.3% during the second quarter. Bank of New York Mellon Corp now owns 524,869 shares of the conglomerate’s stock worth $43,916,000 after purchasing an additional 11,685 shares during the period. 92.73% of the stock is owned by institutional investors.

Federal Signal Trading Up 0.2 %

Federal Signal stock opened at $97.87 on Thursday. 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 firm has a 50-day moving average of $90.41 and a 200-day moving average of $89.62. The company has a market cap of $5.98 billion, a price-to-earnings ratio of 28.37 and a beta of 0.95. Federal Signal Co. has a one year low of $68.02 and a one year high of $102.18.

Federal Signal (NYSE:FSS) last released its earnings results on Thursday, October 31st. The conglomerate reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.04. The business had revenue of $474.20 million during the quarter, compared to analysts’ expectations of $481.71 million. Federal Signal had a net margin of 11.57% and a return on equity of 18.46%. The firm’s revenue was up 6.2% on a year-over-year basis. During the same period last year, the business earned $0.71 earnings per share. On average, equities analysts expect that Federal Signal Co. will post 3.34 earnings per share for the current fiscal year.

Federal Signal Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be given a $0.12 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.49%. Federal Signal’s payout ratio is 13.91%.

Analyst Ratings Changes

Separately, DA Davidson dropped their price objective on shares of Federal Signal from $94.00 to $90.00 and set a “neutral” rating on the stock in a report on Tuesday, November 5th.

Insider Buying and Selling at Federal Signal

In other news, Director Brenda Reichelderfer sold 25,685 shares of the company’s stock in a transaction that occurred 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 transaction, the director now owns 57,417 shares of the company’s stock, valued at approximately $5,339,206.83. This represents a 30.91 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 3.10% of the company’s stock.

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.