Pembroke Management LTD Acquires 11,411 Shares of Federal Signal Co. (NYSE:FSS)

Pembroke Management LTD boosted its holdings in Federal Signal Co. (NYSE:FSS) by 5.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 221,260 shares of the conglomerate’s stock after buying an additional 11,411 shares during the quarter. Federal Signal makes up 2.7% of Pembroke Management LTD’s holdings, making the stock its 16th biggest holding. Pembroke Management LTD owned approximately 0.36% of Federal Signal worth $20,679,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Van ECK Associates Corp grew its holdings in shares of Federal Signal by 36.5% during the 1st quarter. Van ECK Associates Corp now owns 21,697 shares of the conglomerate’s stock valued at $1,841,000 after purchasing an additional 5,803 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Federal Signal by 74.6% during the first quarter. BNP Paribas Financial Markets now owns 85,516 shares of the conglomerate’s stock worth $7,258,000 after buying an additional 36,534 shares in the last quarter. Fidelis Capital Partners LLC bought a new position in shares of Federal Signal in the 1st quarter valued at $147,000. Central Pacific Bank Trust Division acquired a new stake in shares of Federal Signal during the 1st quarter valued at $129,000. Finally, GSA Capital Partners LLP bought a new stake in Federal Signal during the 1st quarter worth $677,000. Institutional investors own 92.73% of the company’s stock.

Insiders Place Their Bets

In other news, Director Brenda Reichelderfer sold 25,685 shares of Federal Signal stock in a transaction on Friday, August 30th. The shares were sold at an average price of $92.99, for a total transaction of $2,388,448.15. Following the transaction, the director now owns 57,417 shares in the company, valued at approximately $5,339,206.83. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 3.10% of the company’s stock.

Federal Signal Price Performance

Federal Signal stock opened at $81.84 on Friday. The company has a market capitalization of $5.00 billion, a PE ratio of 23.72 and a beta of 0.95. The company has a current ratio of 2.83, a quick ratio of 1.35 and a debt-to-equity ratio of 0.19. The stock has a 50-day moving average price of $89.36 and a two-hundred day moving average price of $88.61. Federal Signal Co. has a 12 month low of $60.09 and a 12 month high of $102.18.

Federal Signal Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.48 annualized dividend and a yield of 0.59%. Federal Signal’s dividend payout ratio is presently 13.91%.

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.