Barclays PLC Has $3.49 Million Position in Federal Signal Co. (NYSE:FSS)

Share on StockTwits

Barclays PLC raised its position in shares of Federal Signal Co. (NYSE:FSS) by 17.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 106,622 shares of the conglomerate’s stock after acquiring an additional 15,475 shares during the period. Barclays PLC’s holdings in Federal Signal were worth $3,488,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. BlackRock Inc. raised its stake in Federal Signal by 1.3% during the 2nd quarter. BlackRock Inc. now owns 8,840,860 shares of the conglomerate’s stock valued at $236,493,000 after purchasing an additional 117,326 shares during the period. Vanguard Group Inc. raised its stake in Federal Signal by 1.7% during the 2nd quarter. Vanguard Group Inc. now owns 3,886,632 shares of the conglomerate’s stock valued at $103,967,000 after purchasing an additional 64,945 shares during the period. Macquarie Group Ltd. raised its stake in Federal Signal by 7.0% during the 2nd quarter. Macquarie Group Ltd. now owns 2,614,014 shares of the conglomerate’s stock valued at $69,925,000 after purchasing an additional 170,877 shares during the period. Neumeier Poma Investment Counsel LLC raised its stake in Federal Signal by 1.2% during the 2nd quarter. Neumeier Poma Investment Counsel LLC now owns 1,391,585 shares of the conglomerate’s stock valued at $37,225,000 after purchasing an additional 16,355 shares during the period. Finally, Investment Counselors of Maryland LLC grew its holdings in shares of Federal Signal by 1.1% during the 2nd quarter. Investment Counselors of Maryland LLC now owns 1,039,732 shares of the conglomerate’s stock valued at $27,813,000 after acquiring an additional 11,242 shares in the last quarter. 90.22% of the stock is currently owned by institutional investors.

Federal Signal stock opened at $32.94 on Monday. The company’s fifty day simple moving average is $32.93 and its 200-day simple moving average is $29.49. The company has a quick ratio of 1.17, a current ratio of 2.32 and a debt-to-equity ratio of 0.45. Federal Signal Co. has a 12 month low of $18.59 and a 12 month high of $35.75. The stock has a market cap of $1.99 billion, a P/E ratio of 19.26 and a beta of 1.57.

Federal Signal (NYSE:FSS) last posted its quarterly earnings results on Thursday, October 31st. The conglomerate reported $0.47 EPS for the quarter, beating the consensus estimate of $0.42 by $0.05. Federal Signal had a net margin of 9.37% and a return on equity of 18.45%. The business had revenue of $308.80 million for the quarter, compared to analysts’ expectations of $309.06 million. During the same period in the previous year, the company posted $0.36 EPS. Federal Signal’s revenue was up 14.6% on a year-over-year basis. On average, equities research analysts expect that Federal Signal Co. will post 1.74 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 26th. Stockholders of record on Wednesday, November 13th were issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.97%. The ex-dividend date of this dividend was Tuesday, November 12th. Federal Signal’s dividend payout ratio is currently 22.38%.

In other news, CFO Ian A. Hudson sold 45,087 shares of the business’s stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $32.04, for a total transaction of $1,444,587.48. Following the transaction, the chief financial officer now directly owns 48,974 shares in the company, valued at approximately $1,569,126.96. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Dennis J. Martin sold 40,000 shares of the business’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $33.58, for a total transaction of $1,343,200.00. Following the transaction, the director now owns 166,518 shares in the company, valued at $5,591,674.44. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 95,905 shares of company stock worth $3,137,209. 4.00% of the stock is currently owned by corporate insiders.

Separately, Zacks Investment Research upgraded shares of Federal Signal from a “hold” rating to a “buy” rating and set a $37.00 price target on the stock in a report on Tuesday, November 5th.

Federal Signal Profile

Federal Signal Corporation, together with its subsidiaries, designs, manufactures, and supplies a suite of products and integrated solutions for municipal, governmental, industrial, and commercial customers in the United States, Canada, Europe, and internationally. It operates through two segments, Environmental Solutions Group and Safety and Security Systems Group.

Read More: Outstanding Shares and The Effect on Share Price

Want to see what other hedge funds are holding FSS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Federal Signal Co. (NYSE:FSS).

Institutional Ownership by Quarter for Federal Signal (NYSE:FSS)

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.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


 
© 2006-2019 BBNS.