B. Metzler seel. Sohn & Co. AG Makes New $299,000 Investment in Federal Signal Co. (NYSE:FSS)

B. Metzler seel. Sohn & Co. AG purchased a new position in Federal Signal Co. (NYSE:FSS) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 3,240 shares of the conglomerate’s stock, valued at approximately $299,000.

Several other large investors also recently made changes to their positions in the stock. Quarry LP lifted its holdings in Federal Signal by 73.5% in the 3rd quarter. Quarry LP now owns 432 shares of the conglomerate’s stock worth $40,000 after purchasing an additional 183 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Federal Signal during the 3rd quarter worth $46,000. Signaturefd LLC grew its stake in 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 last quarter. Mather Group LLC. raised its holdings in Federal Signal by 20.1% in the 4th quarter. Mather Group LLC. now owns 889 shares of the conglomerate’s stock worth $82,000 after acquiring an additional 149 shares during the period. Finally, Steward Partners Investment Advisory LLC lifted its position in Federal Signal by 15.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,343 shares of the conglomerate’s stock worth $124,000 after acquiring an additional 181 shares during the last quarter. Institutional investors own 92.73% of the company’s stock.

Insider Activity at Federal Signal

In other Federal Signal news, CEO Jennifer L. Sherman acquired 1,250 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The shares were acquired at an average cost of $82.32 per share, for a total transaction of $102,900.00. Following the completion of the acquisition, the chief executive officer now directly owns 559,183 shares of the company’s stock, valued at approximately $46,031,944.56. This represents a 0.22 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.30% of the stock is owned by company insiders.

Federal Signal Stock Performance

Shares of NYSE:FSS 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 business’s fifty day moving average price is $86.30 and its two-hundred day moving average price is $90.48. Federal Signal Co. has a fifty-two week low of $67.60 and a fifty-two week high of $102.18. The stock has a market capitalization of $4.35 billion, a price-to-earnings ratio of 20.65, a price-to-earnings-growth ratio of 1.85 and a beta of 1.02.

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

Federal Signal Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Friday, March 14th were given a dividend of $0.14 per share. 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. The ex-dividend date was Friday, March 14th. Federal Signal’s dividend payout ratio is presently 15.95%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Raymond James reiterated an “outperform” rating and issued a $110.00 price objective on shares of Federal Signal in a research note on Tuesday, December 24th. StockNews.com cut shares of Federal Signal from a “buy” rating to a “hold” rating in a research note on Saturday, March 1st.

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.