Campbell & CO Investment Adviser LLC Boosts Position in Federal Signal Co. (NYSE:FSS)

Campbell & CO Investment Adviser LLC lifted its stake in shares of Federal Signal Co. (NYSE:FSSFree Report) by 74.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,598 shares of the conglomerate’s stock after acquiring an additional 4,103 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Federal Signal were worth $737,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Parallel Advisors LLC increased its position in shares of Federal Signal by 28.1% during the 4th quarter. Parallel Advisors LLC now owns 638 shares of the conglomerate’s stock worth $49,000 after purchasing an additional 140 shares during the last quarter. Fifth Third Bancorp increased its position in shares of Federal Signal by 36.0% during the 4th quarter. Fifth Third Bancorp now owns 793 shares of the conglomerate’s stock worth $61,000 after purchasing an additional 210 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of Federal Signal by 3.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 6,853 shares of the conglomerate’s stock worth $526,000 after purchasing an additional 244 shares during the last quarter. Diversified Trust Co increased its position in shares of Federal Signal by 9.1% during the 4th quarter. Diversified Trust Co now owns 4,451 shares of the conglomerate’s stock worth $342,000 after purchasing an additional 373 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC increased its position in shares of Federal Signal by 11.0% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 4,266 shares of the conglomerate’s stock worth $255,000 after purchasing an additional 423 shares during the last quarter. Hedge funds and other institutional investors own 92.73% of the company’s stock.

Wall Street Analyst Weigh In

Separately, William Blair initiated coverage on Federal Signal in a research report on Friday, May 31st. They issued an “outperform” rating for the company.

Check Out Our Latest Stock Report on Federal Signal

Federal Signal Stock Performance

NYSE FSS opened at $85.75 on Friday. The company has a market cap of $5.24 billion, a P/E ratio of 28.97 and a beta of 0.99. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.82 and a quick ratio of 1.29. The stock has a 50-day moving average of $85.11 and a two-hundred day moving average of $79.65. Federal Signal Co. has a 1-year low of $56.37 and a 1-year high of $92.90.

Federal Signal (NYSE:FSSGet Free Report) 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. The company had revenue of $424.90 million during the quarter, compared to the consensus estimate of $425.58 million. Federal Signal had a return on equity of 17.36% and a net margin of 10.31%. Federal Signal’s revenue was up 10.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.46 EPS. As a group, analysts anticipate that Federal Signal Co. will post 3.08 EPS for the current year.

Federal Signal Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 31st. Stockholders of record on Friday, May 17th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.56%. The ex-dividend date of this dividend was Thursday, May 16th. Federal Signal’s dividend payout ratio is presently 16.22%.

Federal Signal Company Profile

(Free Report)

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.

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

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