Federal Signal Co. (NYSE:FSS) Shares Bought by Jump Financial LLC

Jump Financial LLC grew its holdings in Federal Signal Co. (NYSE:FSS) by 61.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,659 shares of the conglomerate’s stock after acquiring an additional 15,900 shares during the period. Jump Financial LLC owned about 0.07% of Federal Signal worth $3,849,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Wilmington Savings Fund Society FSB acquired a new position in Federal Signal during the 3rd quarter worth $46,000. Signaturefd LLC boosted its stake in shares of Federal Signal by 37.4% in the 4th quarter. Signaturefd LLC now owns 606 shares of the conglomerate’s stock valued at $56,000 after buying an additional 165 shares during the period. Mather Group LLC. grew 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 buying an additional 149 shares in the last quarter. Steward Partners Investment Advisory LLC increased its stake in shares of Federal Signal by 15.6% during the fourth 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 period. Finally, Smartleaf Asset Management LLC raised its holdings in Federal Signal by 182.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,379 shares of the conglomerate’s stock valued at $127,000 after acquiring an additional 891 shares in the last quarter. Hedge funds and other institutional investors own 92.73% of the company’s stock.

Insider Activity at Federal Signal

In related news, CEO Jennifer L. Sherman purchased 1,250 shares of the stock in a transaction that occurred on Friday, February 28th. The shares were purchased at an average price of $82.32 per share, with a total value of $102,900.00. Following the completion of 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 link. 3.30% of the stock is owned by insiders.

Federal Signal Price Performance

Shares of NYSE:FSS opened at $75.13 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. Federal Signal Co. has a 12 month low of $66.47 and a 12 month high of $102.18. The firm has a market capitalization of $4.59 billion, a P/E ratio of 21.78, a P/E/G ratio of 1.85 and a beta of 1.11. The company’s fifty day moving average price is $81.53 and its 200 day moving average price is $89.26.

Federal Signal (NYSE:FSS) last posted its earnings results on Wednesday, February 26th. The conglomerate reported $0.87 earnings per share for the quarter, meeting the consensus estimate of $0.87. The business had revenue of $472.00 million during the quarter, compared to the consensus estimate of $481.90 million. Federal Signal had a return on equity of 18.46% and a net margin of 11.57%. As a group, sell-side analysts predict that Federal Signal Co. will post 3.34 earnings per share for the current fiscal year.

Federal Signal Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Friday, March 14th were issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.75%. This is a boost from Federal Signal’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Friday, March 14th. Federal Signal’s payout ratio is presently 15.95%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on FSS shares. StockNews.com downgraded shares of Federal Signal from a “buy” rating to a “hold” rating in a research report on Saturday, March 1st. Raymond James lowered their price objective on Federal Signal from $105.00 to $100.00 and set an “outperform” rating for the company in a research report on Monday.

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.