Natixis Advisors L.P. Sells 9,724 Shares of Federal Signal Co. (NYSE:FSS)

Natixis Advisors L.P. reduced its position in shares of Federal Signal Co. (NYSE:FSS) by 8.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 106,552 shares of the conglomerate’s stock after selling 9,724 shares during the period. Natixis Advisors L.P.’s holdings in Federal Signal were worth $8,176,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in 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 acquiring an additional 209,965 shares during the last quarter. Van Berkom & Associates Inc. boosted its holdings in Federal Signal by 18.4% in the third quarter. Van Berkom & Associates Inc. now owns 1,549,215 shares of the conglomerate’s stock valued at $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% in 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 last quarter. Invesco Ltd. boosted its holdings in Federal Signal by 156.3% in 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 last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in 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 buying an additional 8,554 shares during the period. 92.73% of the stock is currently owned by institutional investors.

Federal Signal Price Performance

Shares of FSS opened at $85.39 on Thursday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.29 and a current ratio of 2.82. Federal Signal Co. has a 52-week low of $51.31 and a 52-week high of $88.47. The business’s 50 day moving average price is $82.42 and its two-hundred day moving average price is $76.09. The firm has a market cap of $5.22 billion, a PE ratio of 28.85 and a beta of 1.02.

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

Federal Signal Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Shareholders 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 yield of 0.56%. Federal Signal’s dividend payout ratio (DPR) is presently 16.22%.

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.