Kapitalo Investimentos Ltda Invests $256,000 in Federal Signal Co. (NYSE:FSS)

Kapitalo Investimentos Ltda purchased a new stake in Federal Signal Co. (NYSE:FSS) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,735 shares of the conglomerate’s stock, valued at approximately $256,000.

A number of other hedge funds have also recently bought and sold shares of FSS. Healthcare of Ontario Pension Plan Trust Fund increased its position in shares of Federal Signal by 150.0% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 30,000 shares of the conglomerate’s stock worth $2,546,000 after purchasing an additional 18,000 shares during the last quarter. UniSuper Management Pty Ltd bought a new position in Federal Signal during the 1st quarter worth approximately $919,000. Susquehanna Fundamental Investments LLC acquired a new position in shares of Federal Signal in the 1st quarter worth approximately $917,000. Goldman Sachs Group Inc. increased its holdings in shares of Federal Signal by 8.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 414,474 shares of the conglomerate’s stock valued at $31,807,000 after acquiring an additional 32,227 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its position in shares of Federal Signal by 74.6% during the 1st quarter. BNP Paribas Financial Markets now owns 85,516 shares of the conglomerate’s stock valued at $7,258,000 after acquiring an additional 36,534 shares in the last quarter. Institutional investors and hedge funds own 92.73% of the company’s stock.

Federal Signal Stock Performance

Federal Signal stock opened at $93.51 on Thursday. The company has a market cap of $5.72 billion, a PE ratio of 28.42 and a beta of 0.93. Federal Signal Co. has a 12 month low of $57.05 and a 12 month high of $102.18. The company has a fifty day moving average price of $91.31 and a two-hundred day moving average price of $88.51. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.89 and a quick ratio of 1.35.

Federal Signal (NYSE:FSS) last released its quarterly earnings data on Thursday, July 25th. The conglomerate reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.11. Federal Signal had a net margin of 11.16% and a return on equity of 18.31%. The firm had revenue of $490.40 million for the quarter, compared to analyst estimates of $487.74 million. During the same quarter in the prior year, the business earned $0.67 earnings per share. Federal Signal’s quarterly revenue was up 10.8% on a year-over-year basis. Research analysts expect that Federal Signal Co. will post 3.24 earnings per share for the current year.

Federal Signal Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Friday, August 16th were paid a dividend of $0.12 per share. The ex-dividend date was Friday, August 16th. This represents a $0.48 dividend on an annualized basis and a yield of 0.51%. Federal Signal’s payout ratio is currently 14.59%.

Insiders Place Their Bets

In other news, Director Brenda Reichelderfer sold 25,685 shares of the company’s stock in a transaction dated Friday, August 30th. The shares were sold at an average price of $92.99, for a total transaction of $2,388,448.15. Following the completion of the transaction, the director now owns 57,417 shares in the company, valued at approximately $5,339,206.83. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 3.10% of the stock is owned by corporate insiders.

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.