Federal Signal Co. (NYSE:FSS) Position Raised by Global Alpha Capital Management Ltd.

Global Alpha Capital Management Ltd. grew its stake in Federal Signal Co. (NYSE:FSS - Free Report) by 19.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 545,713 shares of the conglomerate's stock after purchasing an additional 88,900 shares during the quarter. Federal Signal makes up about 3.4% of Global Alpha Capital Management Ltd.'s holdings, making the stock its 9th largest position. Global Alpha Capital Management Ltd. owned approximately 0.90% of Federal Signal worth $41,878,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of FSS. GAMMA Investing LLC purchased a new stake in Federal Signal in the fourth quarter worth $38,000. Fifth Third Bancorp increased its position in Federal Signal by 155.7% in the third quarter. Fifth Third Bancorp now owns 583 shares of the conglomerate's stock worth $35,000 after buying an additional 355 shares during the last quarter. Skandinaviska Enskilda Banken AB publ purchased a new stake in Federal Signal in the third quarter worth $78,000. Anchor Investment Management LLC purchased a new stake in Federal Signal in the fourth quarter worth $146,000. Finally, International Assets Investment Management LLC purchased a new stake in Federal Signal in the fourth quarter worth $153,000. 92.73% of the stock is currently owned by institutional investors.

Federal Signal Stock Performance

NYSE:FSS traded down $1.13 during trading hours on Tuesday, reaching $86.41. The stock had a trading volume of 647,545 shares, compared to its average volume of 348,822. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.29 and a current ratio of 2.82. The stock has a 50 day simple moving average of $83.51 and a 200 day simple moving average of $77.82. Federal Signal Co. has a 12-month low of $52.39 and a 12-month high of $88.47. The stock has a market cap of $5.28 billion, a P/E ratio of 29.21 and a beta of 1.02.

Federal Signal (NYSE:FSS - Get Free Report) last announced its quarterly earnings results 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 company had revenue of $424.90 million during the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same period in the previous year, the business earned $0.46 earnings per share. On average, research analysts forecast that Federal Signal Co. will post 3.07 EPS for the current fiscal year.

Federal Signal Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Friday, May 17th 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 Thursday, May 16th. Federal Signal's dividend payout ratio (DPR) is presently 16.22%.

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.