Natixis Advisors LLC Sells 5,134 Shares of Federal Signal Co. (NYSE:FSS)

Natixis Advisors LLC reduced its holdings in Federal Signal Co. (NYSE:FSS) by 10.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 46,340 shares of the conglomerate’s stock after selling 5,134 shares during the period. Natixis Advisors LLC owned approximately 0.08% of Federal Signal worth $4,281,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of FSS. Barclays PLC increased its position in Federal Signal by 338.7% during the third quarter. Barclays PLC now owns 145,188 shares of the conglomerate’s stock worth $13,569,000 after acquiring an additional 112,092 shares during the period. First Hawaiian Bank grew its position in Federal Signal by 520.7% in the 4th quarter. First Hawaiian Bank now owns 17,751 shares of the conglomerate’s stock worth $1,640,000 after purchasing an additional 14,891 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Federal Signal by 4.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 769,047 shares of the conglomerate’s stock worth $71,875,000 after purchasing an additional 31,517 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Federal Signal by 17.6% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 152,430 shares of the conglomerate’s stock valued at $14,246,000 after buying an additional 22,821 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its stake in shares of Federal Signal by 84.1% in the fourth quarter. Victory Capital Management Inc. now owns 219,147 shares of the conglomerate’s stock valued at $20,247,000 after buying an additional 100,135 shares during the period. 92.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Federal Signal

In other Federal Signal news, CEO Jennifer L. Sherman acquired 1,250 shares of the business’s stock in a transaction on Friday, February 28th. The stock was purchased at an average price of $82.32 per share, for a total transaction of $102,900.00. Following the transaction, the chief executive officer now owns 559,183 shares in the company, valued at $46,031,944.56. This trade represents a 0.22 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 3.10% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have commented on FSS shares. StockNews.com cut Federal Signal from a “buy” rating to a “hold” rating in a report on Saturday, March 1st. Raymond James restated an “outperform” rating and issued a $110.00 target price on shares of Federal Signal in a research note on Tuesday, December 24th.

Federal Signal Stock Performance

NYSE:FSS opened at $75.26 on Friday. The firm has a market capitalization of $4.60 billion, a PE ratio of 21.81, a price-to-earnings-growth ratio of 1.85 and a beta of 1.02. The company has a quick ratio of 1.36, a current ratio of 2.83 and a debt-to-equity ratio of 0.19. Federal Signal Co. has a 12-month low of $74.23 and a 12-month high of $102.18. The firm has a 50-day moving average price of $90.64 and a 200 day moving average price of $91.13.

Federal Signal (NYSE:FSS) last posted its earnings results on Wednesday, February 26th. The conglomerate reported $0.87 EPS for the quarter, hitting the consensus estimate of $0.87. Federal Signal had a return on equity of 18.46% and a net margin of 11.57%. The business had revenue of $472.00 million during the quarter, compared to the consensus estimate of $481.90 million. Research analysts anticipate that Federal Signal Co. will post 3.34 earnings per share for the current fiscal year.

Federal Signal Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Friday, March 14th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.74%. This is a boost from Federal Signal’s previous quarterly dividend of $0.12. Federal Signal’s dividend payout ratio (DPR) is 15.95%.

Federal Signal 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.