Cwm LLC Has $74,000 Stake in Federal Signal Co. (NYSE:FSS)

Cwm LLC trimmed its stake in Federal Signal Co. (NYSE:FSS) by 12.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 964 shares of the conglomerate’s stock after selling 137 shares during the period. Cwm LLC’s holdings in Federal Signal were worth $74,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in shares of Federal Signal by 3.3% in the third quarter. Vanguard Group Inc. now owns 6,618,609 shares of the conglomerate’s stock valued at $395,330,000 after purchasing an additional 209,965 shares during the period. Van Berkom & Associates Inc. lifted its position in Federal Signal by 18.4% during the 3rd quarter. Van Berkom & Associates Inc. now owns 1,549,215 shares of the conglomerate’s stock worth $92,535,000 after acquiring an additional 241,282 shares during the last quarter. Conestoga Capital Advisors LLC boosted its holdings in Federal Signal by 2.4% during the fourth quarter. Conestoga Capital Advisors LLC now owns 1,350,214 shares of the conglomerate’s stock valued at $103,615,000 after acquiring an additional 31,807 shares during the period. Invesco Ltd. boosted its holdings in Federal Signal by 156.3% during the third quarter. Invesco Ltd. now owns 945,571 shares of the conglomerate’s stock valued at $56,479,000 after acquiring an additional 576,643 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Federal Signal by 1.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 640,265 shares of the conglomerate’s stock valued at $38,243,000 after purchasing an additional 8,554 shares during the last quarter. 92.73% of the stock is currently owned by institutional investors and hedge funds.

Federal Signal Stock Up 2.0 %

Shares of FSS stock opened at $85.88 on Wednesday. The firm has a market cap of $5.25 billion, a PE ratio of 29.01 and a beta of 1.02. Federal Signal Co. has a 12 month low of $51.31 and a 12 month high of $88.47. The stock has a 50 day moving average of $82.35 and a 200-day moving average of $76.03. The company has a quick ratio of 1.29, a current ratio of 2.82 and a debt-to-equity ratio of 0.26.

Federal Signal (NYSE:FSS) last released its earnings results on Tuesday, April 30th. The conglomerate reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.09. Federal Signal had a net margin of 10.31% and a return on equity of 17.36%. The business had revenue of $424.90 million during the quarter, compared to analysts’ expectations of $425.58 million. During the same quarter last year, the company earned $0.46 earnings per share. The firm’s revenue was up 10.2% on a year-over-year basis. On average, equities analysts predict that Federal Signal Co. will post 3.07 EPS for the current year.

Federal Signal Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Friday, May 17th will be paid a $0.12 dividend. The ex-dividend date is Thursday, May 16th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.56%. Federal Signal’s payout ratio is 16.22%.

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.