Federal Signal Corporation (NYSE:FSS) Director Brenda Reichelderfer sold 8,279 shares of the company’s stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $20.76, for a total value of $171,872.04. Following the transaction, the director now directly owns 69,388 shares of the company’s stock, valued at $1,440,494.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Brenda Reichelderfer also recently made the following trade(s):

  • On Friday, November 17th, Brenda Reichelderfer sold 45,721 shares of Federal Signal Corporation stock. The shares were sold at an average price of $20.76, for a total value of $949,167.96.

Federal Signal Corporation (NYSE:FSS) opened at $21.01 on Wednesday. The company has a debt-to-equity ratio of 0.67, a current ratio of 2.37 and a quick ratio of 1.23. The stock has a market capitalization of $1,248.26, a P/E ratio of 27.03 and a beta of 1.32. Federal Signal Corporation has a fifty-two week low of $13.07 and a fifty-two week high of $23.64.

Federal Signal Corporation (NYSE:FSS) last issued its quarterly earnings results on Thursday, November 2nd. The conglomerate reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.03. The firm had revenue of $249.00 million during the quarter, compared to analyst estimates of $240.30 million. Federal Signal Corporation had a return on equity of 11.39% and a net margin of 5.30%. The firm’s quarterly revenue was up 33.4% on a year-over-year basis. During the same period last year, the company posted $0.17 EPS. analysts anticipate that Federal Signal Corporation will post 0.81 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 5th. Shareholders of record on Tuesday, November 14th will be paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date is Monday, November 13th. Federal Signal Corporation’s payout ratio is currently 38.36%.

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Separately, Zacks Investment Research raised Federal Signal Corporation from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a report on Monday, November 6th. Four investment analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and an average target price of $22.50.

A number of hedge funds and other institutional investors have recently modified their holdings of FSS. UBS Asset Management Americas Inc. boosted its stake in Federal Signal Corporation by 54.8% during the 1st quarter. UBS Asset Management Americas Inc. now owns 31,743 shares of the conglomerate’s stock valued at $438,000 after purchasing an additional 11,243 shares in the last quarter. Parametric Portfolio Associates LLC boosted its stake in Federal Signal Corporation by 28.6% during the 1st quarter. Parametric Portfolio Associates LLC now owns 55,831 shares of the conglomerate’s stock valued at $771,000 after purchasing an additional 12,411 shares in the last quarter. Legal & General Group Plc boosted its stake in Federal Signal Corporation by 0.7% during the 1st quarter. Legal & General Group Plc now owns 106,247 shares of the conglomerate’s stock valued at $1,467,000 after purchasing an additional 766 shares in the last quarter. Vanguard Group Inc. boosted its stake in Federal Signal Corporation by 5.2% during the 1st quarter. Vanguard Group Inc. now owns 3,093,986 shares of the conglomerate’s stock valued at $42,728,000 after purchasing an additional 152,335 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in Federal Signal Corporation by 1.0% during the 1st quarter. Geode Capital Management LLC now owns 449,106 shares of the conglomerate’s stock valued at $6,201,000 after purchasing an additional 4,615 shares in the last quarter. 84.44% of the stock is owned by hedge funds and other institutional investors.

About Federal Signal Corporation

Federal Signal Corporation designs, manufactures and supplies a suite of products and integrated solutions for municipal, governmental, industrial and commercial customers. The Company’s segments include the Environmental Solutions Group and the Safety and Security Systems Group. Its Environmental Solutions Group manufactures and supplies a range of street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks and waterblasting equipment.

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