Federal Signal Co. (NYSE:FSS) Stake Cut by F M Investments LLC

F M Investments LLC decreased its holdings in shares of Federal Signal Co. (NYSE:FSS) by 0.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 131,988 shares of the conglomerate’s stock after selling 179 shares during the period. F M Investments LLC owned about 0.22% of Federal Signal worth $12,335,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of FSS. V Square Quantitative Management LLC bought a new stake in shares of Federal Signal in the 3rd quarter worth approximately $29,000. Point72 DIFC Ltd bought a new stake in Federal Signal in the 2nd quarter valued at about $62,000. Covestor Ltd boosted its stake in Federal Signal by 223.6% during the 1st quarter. Covestor Ltd now owns 893 shares of the conglomerate’s stock valued at $76,000 after purchasing an additional 617 shares during the period. Canada Pension Plan Investment Board bought a new position in Federal Signal in the 2nd quarter worth about $84,000. Finally, GAMMA Investing LLC boosted its position in shares of Federal Signal by 60.4% during the second quarter. GAMMA Investing LLC now owns 1,062 shares of the conglomerate’s stock worth $89,000 after buying an additional 400 shares during the period. 92.73% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Federal Signal

In other news, Director Brenda Reichelderfer sold 25,685 shares of the stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of $92.99, for a total value of $2,388,448.15. Following the completion of the transaction, the director now directly owns 57,417 shares in the company, valued at $5,339,206.83. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 3.10% of the stock is currently owned by insiders.

Federal Signal Stock Performance

FSS traded up $0.27 during trading hours on Friday, hitting $81.84. The company’s stock had a trading volume of 570,823 shares, compared to its average volume of 315,839. The company has a 50-day simple moving average of $89.36 and a 200 day simple moving average of $88.57. The company has a current ratio of 2.83, a quick ratio of 1.35 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $5.00 billion, a PE ratio of 23.72 and a beta of 0.95. Federal Signal Co. has a fifty-two week low of $60.09 and a fifty-two week high of $102.18.

Federal Signal Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.59%. The ex-dividend date is Friday, November 15th. Federal Signal’s payout ratio is currently 13.91%.

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.