Semanteon Capital Management LP Acquires Shares of 3,190 Federal Signal Co. (NYSE:FSS)

by · The Cerbat Gem

Semanteon Capital Management LP purchased a new position in shares of Federal Signal Co. (NYSE:FSS – Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,190 shares of the conglomerate’s stock, valued at approximately $298,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Vaughan Nelson Investment Management L.P. boosted its holdings in Federal Signal by 14.8% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 388,263 shares of the conglomerate’s stock worth $32,952,000 after buying an additional 50,190 shares in the last quarter. Van ECK Associates Corp raised its position in shares of Federal Signal by 36.5% in the first quarter. Van ECK Associates Corp now owns 21,697 shares of the conglomerate’s stock valued at $1,841,000 after buying an additional 5,803 shares during the last quarter. BNP Paribas Financial Markets raised its position in shares of Federal Signal by 74.6% in the first quarter. BNP Paribas Financial Markets now owns 85,516 shares of the conglomerate’s stock valued at $7,258,000 after buying an additional 36,534 shares during the last quarter. Fidelis Capital Partners LLC acquired a new position in Federal Signal during the first quarter worth approximately $147,000. Finally, Central Pacific Bank Trust Division acquired a new position in Federal Signal during the first quarter worth approximately $129,000. 92.73% of the stock is currently owned by institutional investors and hedge funds.

Federal Signal Stock Performance

Shares of FSS stock opened at $85.57 on Tuesday. Federal Signal Co. has a one year low of $57.29 and a one year high of $102.18. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.35 and a current ratio of 2.89. The company has a 50 day moving average price of $90.34 and a 200 day moving average price of $88.64. The firm has a market capitalization of $5.23 billion, a price-to-earnings ratio of 26.01 and a beta of 0.93.

Federal Signal Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.56%. The ex-dividend date of this dividend is Friday, November 15th. Federal Signal’s payout ratio is currently 14.59%.

Insider Transactions at Federal Signal

In other news, Director Brenda Reichelderfer sold 25,685 shares of the company’s stock in a transaction on Friday, August 30th. The shares were sold at an average price of $92.99, for a total value of $2,388,448.15. Following the completion of the transaction, the director now directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 3.10% of the company’s stock.

Federal Signal Company Profile

(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.

See Also

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