Federal Signal Co. (NYSE:FSS) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP trimmed its holdings in shares of Federal Signal Co. (NYSE:FSS) by 0.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,942,181 shares of the conglomerate’s stock after selling 27,449 shares during the period. Dimensional Fund Advisors LP owned 8.24% of Federal Signal worth $105,169,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brown Advisory Inc. grew its holdings in Federal Signal by 6.3% during the third quarter. Brown Advisory Inc. now owns 1,252,470 shares of the conglomerate’s stock valued at $26,653,000 after purchasing an additional 74,006 shares during the period. Schwab Charles Investment Management Inc. grew its holdings in Federal Signal by 8.6% during the third quarter. Schwab Charles Investment Management Inc. now owns 421,390 shares of the conglomerate’s stock valued at $8,968,000 after purchasing an additional 33,371 shares during the period. Campbell & CO Investment Adviser LLC grew its holdings in Federal Signal by 84.6% during the third quarter. Campbell & CO Investment Adviser LLC now owns 21,825 shares of the conglomerate’s stock valued at $464,000 after purchasing an additional 10,000 shares during the period. JPMorgan Chase & Co. grew its holdings in Federal Signal by 3.7% during the third quarter. JPMorgan Chase & Co. now owns 267,119 shares of the conglomerate’s stock valued at $5,645,000 after purchasing an additional 9,467 shares during the period. Finally, Eagle Asset Management Inc. acquired a new position in Federal Signal during the third quarter valued at approximately $6,833,000. 84.10% of the stock is owned by institutional investors and hedge funds.

A number of research analysts recently issued reports on FSS shares. Zacks Investment Research cut shares of Federal Signal from a “buy” rating to a “hold” rating in a report on Tuesday, October 10th. ValuEngine cut shares of Federal Signal from a “buy” rating to a “hold” rating in a report on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. Federal Signal presently has an average rating of “Hold” and an average target price of $22.50.

In other Federal Signal news, Director Dennis J. Martin sold 45,172 shares of the company’s stock in a transaction on Wednesday, November 8th. The shares were sold at an average price of $21.90, for a total transaction of $989,266.80. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director James E. Goodwin sold 10,000 shares of the company’s stock in a transaction on Friday, November 24th. The stock was sold at an average price of $20.67, for a total transaction of $206,700.00. Following the sale, the director now directly owns 122,929 shares in the company, valued at $2,540,942.43. The disclosure for this sale can be found here. Insiders have sold 110,172 shares of company stock worth $2,338,207 over the last ninety days. Insiders own 4.20% of the company’s stock.

Shares of Federal Signal Co. (NYSE:FSS) traded up $0.64 on Thursday, reaching $19.69. 258,963 shares of the company traded hands, compared to its average volume of 188,983. Federal Signal Co. has a fifty-two week low of $13.07 and a fifty-two week high of $23.64. The firm has a market capitalization of $1,180.00, a PE ratio of 27.35 and a beta of 1.33. The company has a debt-to-equity ratio of 0.67, a current ratio of 2.37 and a quick ratio of 1.23.

Federal Signal (NYSE:FSS) last announced its earnings results on Thursday, November 2nd. The conglomerate reported $0.24 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.03. Federal Signal had a net margin of 5.30% and a return on equity of 11.39%. The business had revenue of $249.00 million during the quarter, compared to analysts’ expectations of $240.30 million. During the same quarter in the prior year, the company posted $0.17 earnings per share. The firm’s revenue was up 33.4% on a year-over-year basis. equities research analysts predict that Federal Signal Co. will post 0.81 EPS for the current year.

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About Federal Signal

Federal Signal Corporation designs, manufactures and supplies a suite of products and integrated solutions for municipal, governmental, industrial and commercial customers. The Company’s segments include the Environmental Solutions Group and the Safety and Security Systems Group. Its Environmental Solutions Group manufactures and supplies a range of street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks and waterblasting equipment.

Institutional Ownership by Quarter for Federal Signal (NYSE:FSS)

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