Dynamic Technology Lab Private Ltd Invests $810,000 in Federal Signal Co. (NYSE:FSS)

Dynamic Technology Lab Private Ltd acquired a new position in Federal Signal Co. (NYSE:FSS - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 10,558 shares of the conglomerate's stock, valued at approximately $810,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Fifth Third Bancorp raised its holdings 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. GAMMA Investing LLC purchased a new stake in Federal Signal in the 4th quarter worth $38,000. Skandinaviska Enskilda Banken AB publ purchased a new stake in Federal Signal during the third quarter valued at $78,000. Anchor Investment Management LLC purchased a new position in Federal Signal in the fourth quarter worth about $146,000. Finally, International Assets Investment Management LLC purchased a new position in Federal Signal during the fourth quarter worth $153,000. Institutional investors own 92.73% of the company's stock.

Federal Signal Trading Down 0.6 %

FSS traded down $0.50 during trading hours on Thursday, reaching $86.26. 187,659 shares of the company's stock traded hands, compared to its average volume of 347,732. The firm has a market capitalization of $5.27 billion, a PE ratio of 29.14 and a beta of 1.02. The company has a quick ratio of 1.29, a current ratio of 2.82 and a debt-to-equity ratio of 0.26. Federal Signal Co. has a 52-week low of $52.39 and a 52-week high of $88.47. The firm has a 50-day moving average price of $83.83 and a 200 day moving average price of $78.04.

Federal Signal (NYSE:FSS - Get Free Report) last posted its earnings results on Tuesday, April 30th. The conglomerate reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.09. The company had revenue of $424.90 million for the quarter, compared to analyst estimates 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 quarter in the previous year, the firm earned $0.46 earnings per share. As a group, sell-side analysts predict that Federal Signal Co. will post 3.07 EPS for the current fiscal year.

Federal Signal Dividend Announcement

The firm also recently disclosed 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 dividend on an annualized basis 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%.

Federal Signal Company 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.