State Board of Administration of Florida Retirement System continued to hold its position in Federal Signal Corp. (NYSE:FSS) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,463 shares of the company’s stock at the end of the second quarter. State Board of Administration of Florida Retirement System owned approximately 0.09% of Federal Signal Corp. worth $714,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. RMB Capital Management LLC bought a new position in Federal Signal Corp. during the first quarter valued at about $1,231,000. AlphaOne Investment Services LLC boosted its position in Federal Signal Corp. by 9.0% in the first quarter. AlphaOne Investment Services LLC now owns 228,570 shares of the company’s stock valued at $3,031,000 after buying an additional 18,942 shares in the last quarter. Arizona State Retirement System boosted its position in Federal Signal Corp. by 3.9% in the first quarter. Arizona State Retirement System now owns 32,032 shares of the company’s stock valued at $425,000 after buying an additional 1,200 shares in the last quarter. HBK Investments L P boosted its position in Federal Signal Corp. by 74.9% in the first quarter. HBK Investments L P now owns 100,500 shares of the company’s stock valued at $1,333,000 after buying an additional 43,045 shares in the last quarter. Finally, UBS Group AG boosted its position in Federal Signal Corp. by 10.1% in the first quarter. UBS Group AG now owns 203,639 shares of the company’s stock valued at $2,701,000 after buying an additional 18,618 shares in the last quarter. 83.39% of the stock is currently owned by institutional investors.
Federal Signal Corp. (NYSE:FSS) traded up 0.91% during trading on Friday, hitting $13.26. 234,012 shares of the stock were exchanged. Federal Signal Corp. has a 12-month low of $11.16 and a 12-month high of $17.23. The firm has a market capitalization of $794.71 million, a PE ratio of 15.56 and a beta of 1.40. The stock has a 50 day moving average price of $13.05 and a 200-day moving average price of $13.12.
Federal Signal Corp. (NYSE:FSS) last released its quarterly earnings results on Thursday, July 28th. The company reported $0.17 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by $0.02. Federal Signal Corp. had a net margin of 7.19% and a return on equity of 13.54%. The company had revenue of $172.30 million for the quarter, compared to the consensus estimate of $180.05 million. During the same period last year, the company earned $0.29 earnings per share. Federal Signal Corp.’s revenue for the quarter was down 16.1% compared to the same quarter last year. On average, equities research analysts anticipate that Federal Signal Corp. will post $0.70 earnings per share for the current fiscal year.
Several analysts have issued reports on the stock. Zacks Investment Research raised shares of Federal Signal Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, June 21st. TheStreet downgraded shares of Federal Signal Corp. from a “buy” rating to a “hold” rating in a research note on Thursday, August 4th.
Federal Signal Corp. Company Profile
Federal Signal Corporation designs and manufactures products and integrated solutions for municipal governmental industrial and commercial customers. The Company operates through two segments: Environmental Solutions Group, and Safety and Security Systems Group. Environmental Solutions Group is manufacturer and supplier of a range of street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks and waterblasting equipment.
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