Heartwood Wealth Advisors LLC Invests $212,000 in Federal Signal Co. (NYSE:FSS)

Heartwood Wealth Advisors LLC acquired a new stake in shares of Federal Signal Co. (NYSE:FSSFree Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 2,500 shares of the conglomerate’s stock, valued at approximately $212,000.

Several other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in Federal Signal by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 6,679,305 shares of the conglomerate’s stock valued at $512,570,000 after purchasing an additional 60,696 shares during the last quarter. Conestoga Capital Advisors LLC lifted its stake in shares of Federal Signal by 2.4% in the 4th quarter. Conestoga Capital Advisors LLC now owns 1,350,214 shares of the conglomerate’s stock worth $103,615,000 after purchasing an additional 31,807 shares during the period. Invesco Ltd. lifted its stake in shares of Federal Signal by 156.3% in the 3rd quarter. Invesco Ltd. now owns 945,571 shares of the conglomerate’s stock worth $56,479,000 after purchasing an additional 576,643 shares during the period. Norges Bank bought a new position in shares of Federal Signal in the 4th quarter worth approximately $52,130,000. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Federal Signal by 1.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 649,953 shares of the conglomerate’s stock worth $49,877,000 after purchasing an additional 9,688 shares during the period. 92.73% of the stock is owned by hedge funds and other institutional investors.

Federal Signal Trading Down 0.0 %

Shares of NYSE:FSS traded down $0.02 on Tuesday, hitting $85.04. 151,241 shares of the company’s stock were exchanged, compared to its average volume of 335,542. Federal Signal Co. has a 12 month low of $56.37 and a 12 month high of $92.90. The stock has a market capitalization of $5.20 billion, a price-to-earnings ratio of 28.55 and a beta of 0.99. The business’s 50 day simple moving average is $85.08 and its two-hundred day simple moving average is $80.46. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.82 and a quick ratio of 1.29.

Federal Signal (NYSE:FSSGet Free Report) last released its quarterly earnings data 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 firm 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%. The firm’s quarterly revenue was up 10.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.46 earnings per share. Analysts anticipate that Federal Signal Co. will post 3.08 EPS for the current fiscal year.

Federal Signal Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 31st. Shareholders of record on Friday, May 17th were issued a $0.12 dividend. The ex-dividend date of this dividend was 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 is presently 16.22%.

Wall Street Analyst Weigh In

Separately, William Blair assumed coverage on shares of Federal Signal in a research note on Friday, May 31st. They set an “outperform” rating on the stock.

Read Our Latest Report on FSS

About Federal Signal

(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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