Diversified Trust Co Has $816,000 Stock Holdings in Federal Signal Co. (NYSE:FSS)

Diversified Trust Co grew its stake in Federal Signal Co. (NYSE:FSS) by 10.0% during the 4th quarter, HoldingsChannel reports. The firm owned 8,836 shares of the conglomerate’s stock after acquiring an additional 804 shares during the quarter. Diversified Trust Co’s holdings in Federal Signal were worth $816,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of FSS. TD Asset Management Inc raised its stake in Federal Signal by 12.4% during the second quarter. TD Asset Management Inc now owns 69,186 shares of the conglomerate’s stock worth $5,789,000 after acquiring an additional 7,608 shares in the last quarter. Arizona State Retirement System increased its position in shares of Federal Signal by 2.0% during the 2nd quarter. Arizona State Retirement System now owns 17,083 shares of the conglomerate’s stock worth $1,429,000 after purchasing an additional 338 shares in the last quarter. Choreo LLC acquired a new position in Federal Signal in the second quarter valued at about $214,000. Texas Permanent School Fund Corp grew its stake in Federal Signal by 28.3% during the second quarter. Texas Permanent School Fund Corp now owns 68,407 shares of the conglomerate’s stock worth $5,724,000 after buying an additional 15,083 shares during the last quarter. Finally, Bahl & Gaynor Inc. increased its holdings in shares of Federal Signal by 4.0% during the second quarter. Bahl & Gaynor Inc. now owns 94,052 shares of the conglomerate’s stock worth $7,869,000 after buying an additional 3,621 shares in the last quarter. 92.73% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. DA Davidson decreased their price target on Federal Signal from $94.00 to $90.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 5th. StockNews.com raised Federal Signal from a “hold” rating to a “buy” rating in a report on Saturday, December 28th. Finally, Raymond James reissued an “outperform” rating and set a $110.00 price objective on shares of Federal Signal in a report on Tuesday, December 24th.

Federal Signal Stock Up 0.7 %

NYSE:FSS opened at $92.68 on Friday. The stock’s fifty day moving average price is $93.46 and its two-hundred day moving average price is $91.48. The company has a market cap of $5.66 billion, a price-to-earnings ratio of 26.86 and a beta of 1.01. Federal Signal Co. has a 52-week low of $71.29 and a 52-week high of $102.18. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.36 and a current ratio of 2.83.

Federal Signal (NYSE:FSS) last issued its quarterly earnings results on Thursday, October 31st. The conglomerate reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.04. The business had revenue of $474.20 million for the quarter, compared to analyst estimates of $481.71 million. Federal Signal had a return on equity of 18.46% and a net margin of 11.57%. The firm’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.71 earnings per share. On average, analysts anticipate that Federal Signal Co. will post 3.34 EPS for the current year.

Federal Signal Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date of this dividend was Friday, November 15th. Federal Signal’s dividend payout ratio (DPR) is 13.91%.

About Federal Signal

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.