Fort Washington Investment Advisors Inc. OH Has $14.10 Million Stock Holdings in Federal Signal Co. (NYSE:FSS)

Fort Washington Investment Advisors Inc. OH reduced its position in Federal Signal Co. (NYSE:FSS) by 28.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 152,599 shares of the conglomerate’s stock after selling 61,060 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Federal Signal were worth $14,099,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Perpetual Ltd lifted its position in shares of Federal Signal by 88.5% in the fourth quarter. Perpetual Ltd now owns 8,860 shares of the conglomerate’s stock valued at $819,000 after buying an additional 4,160 shares during the last quarter. Park Avenue Securities LLC lifted its holdings in Federal Signal by 25.2% during the 4th quarter. Park Avenue Securities LLC now owns 4,792 shares of the conglomerate’s stock valued at $443,000 after purchasing an additional 963 shares during the last quarter. City Center Advisors LLC bought a new position in Federal Signal during the fourth quarter worth $330,000. First Hawaiian Bank increased its holdings in shares of Federal Signal by 520.7% in the fourth quarter. First Hawaiian Bank now owns 17,751 shares of the conglomerate’s stock valued at $1,640,000 after purchasing an additional 14,891 shares during the last quarter. Finally, Diversified Trust Co raised its position in shares of Federal Signal by 10.0% in the fourth quarter. Diversified Trust Co now owns 8,836 shares of the conglomerate’s stock valued at $816,000 after purchasing an additional 804 shares during the period. Institutional investors own 92.73% of the company’s stock.

Federal Signal Stock Up 0.0 %

NYSE FSS opened at $99.17 on Thursday. The company has a market cap of $6.06 billion, a price-to-earnings ratio of 28.74 and a beta of 1.01. Federal Signal Co. has a 1-year low of $74.40 and a 1-year high of $102.18. The company has a current ratio of 2.83, a quick ratio of 1.36 and a debt-to-equity ratio of 0.19. The company has a 50 day moving average of $94.90 and a 200-day moving average of $92.30.

Federal Signal (NYSE:FSS) last released its earnings results on Thursday, October 31st. The conglomerate reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.04. The company had revenue of $474.20 million for the quarter, compared to analyst estimates of $481.71 million. Federal Signal had a return on equity of 18.46% and a net margin of 11.57%. Federal Signal’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.71 EPS. On average, equities research analysts expect that Federal Signal Co. will post 3.34 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on FSS shares. DA Davidson lowered their price target on shares of Federal Signal from $94.00 to $90.00 and set a “neutral” rating on the stock in a report on Tuesday, November 5th. StockNews.com raised Federal Signal from a “hold” rating to a “buy” rating in a report on Saturday, December 28th. Finally, Raymond James reaffirmed an “outperform” rating and issued a $110.00 price objective on shares of Federal Signal in a report on Tuesday, December 24th.

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.