International Assets Investment Management LLC Acquires Shares of 1,995 Federal Signal Co. (NYSE:FSS)

International Assets Investment Management LLC acquired a new position in Federal Signal Co. (NYSE:FSS) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,995 shares of the conglomerate’s stock, valued at approximately $153,000.

Several other institutional investors have also recently made changes to their positions in FSS. Fifth Third Bancorp grew its position in Federal Signal by 155.7% during the 3rd quarter. Fifth Third Bancorp now owns 583 shares of the conglomerate’s stock worth $35,000 after purchasing an additional 355 shares during the period. Skandinaviska Enskilda Banken AB publ purchased a new position in Federal Signal during the third quarter valued at approximately $78,000. Anchor Investment Management LLC acquired a new position in Federal Signal in the fourth quarter valued at approximately $146,000. BLB&B Advisors LLC purchased a new stake in Federal Signal in the 4th quarter worth approximately $213,000. Finally, Raymond James Trust N.A. purchased a new position in shares of Federal Signal during the 4th quarter valued at approximately $240,000. Hedge funds and other institutional investors own 92.73% of the company’s stock.

Federal Signal Stock Performance

FSS opened at $83.88 on Monday. The stock has a market cap of $5.12 billion, a P/E ratio of 32.64 and a beta of 1.03. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.91 and a quick ratio of 1.36. The firm has a fifty day moving average price of $82.14 and a 200 day moving average price of $74.89. Federal Signal Co. has a 1 year low of $49.84 and a 1 year high of $88.47.

Federal Signal (NYSE:FSS) last posted its earnings results on Tuesday, February 27th. The conglomerate reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.07. The business had revenue of $448.40 million for the quarter, compared to analyst estimates of $422.45 million. Federal Signal had a net margin of 9.14% and a return on equity of 16.88%. The company’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.57 EPS. Equities research analysts anticipate that Federal Signal Co. will post 2.99 earnings per share for the current year.

Federal Signal Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Friday, May 17th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.57%. Federal Signal’s dividend payout ratio (DPR) is 18.68%.

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.