BNP Paribas Financial Markets Decreases Stock Holdings in Federal Signal Co. (NYSE:FSS)

BNP Paribas Financial Markets lowered its position in shares of Federal Signal Co. (NYSE:FSS - Free Report) by 33.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,982 shares of the conglomerate's stock after selling 24,522 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.08% of Federal Signal worth $3,759,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in FSS. Fifth Third Bancorp lifted its position in Federal Signal by 155.7% during the 3rd quarter. Fifth Third Bancorp now owns 583 shares of the conglomerate's stock worth $35,000 after buying an additional 355 shares in the last quarter. GAMMA Investing LLC acquired a new position in shares of Federal Signal during the fourth quarter worth approximately $38,000. Skandinaviska Enskilda Banken AB publ bought a new stake in shares of Federal Signal during the third quarter valued at approximately $78,000. Anchor Investment Management LLC acquired a new stake in shares of Federal Signal in the fourth quarter valued at approximately $146,000. Finally, International Assets Investment Management LLC bought a new position in Federal Signal in the 4th quarter worth approximately $153,000. 92.73% of the stock is owned by institutional investors.

Federal Signal Trading Up 0.4 %

Shares of NYSE FSS traded up $0.32 during midday trading on Wednesday, hitting $86.77. The stock had a trading volume of 189,771 shares, compared to its average volume of 349,349. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.82 and a quick ratio of 1.29. Federal Signal Co. has a fifty-two week low of $52.39 and a fifty-two week high of $88.47. The firm has a market cap of $5.30 billion, a P/E ratio of 29.31 and a beta of 1.02. The company's 50-day simple moving average is $83.67 and its 200 day simple moving average is $77.98.

Federal Signal (NYSE:FSS - Get Free Report) last announced its quarterly earnings data on Tuesday, April 30th. The conglomerate reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.09. The firm 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 company's quarterly revenue was up 10.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.46 EPS. Research analysts anticipate that Federal Signal Co. will post 3.07 EPS for the current year.

Federal Signal Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Friday, May 17th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date is Thursday, May 16th. Federal Signal's dividend payout ratio is presently 16.22%.

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.