Blue Trust Inc. Sells 3,941 Shares of Federal Signal Co. (NYSE:FSS)

Blue Trust Inc. cut its holdings in Federal Signal Co. (NYSE:FSS) by 85.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 679 shares of the conglomerate’s stock after selling 3,941 shares during the period. Blue Trust Inc.’s holdings in Federal Signal were worth $63,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. V Square Quantitative Management LLC bought a new stake in shares of Federal Signal in the 3rd quarter worth about $29,000. Point72 DIFC Ltd bought a new stake in shares of Federal Signal in the 2nd quarter worth about $62,000. Covestor Ltd increased its holdings in shares of Federal Signal by 223.6% in the 1st quarter. Covestor Ltd now owns 893 shares of the conglomerate’s stock worth $76,000 after buying an additional 617 shares during the last quarter. Canada Pension Plan Investment Board bought a new position in Federal Signal during the 2nd quarter valued at about $84,000. Finally, GAMMA Investing LLC grew its holdings in Federal Signal by 60.4% during the 2nd quarter. GAMMA Investing LLC now owns 1,062 shares of the conglomerate’s stock valued at $89,000 after purchasing an additional 400 shares during the last quarter. 92.73% of the stock is currently owned by institutional investors.

Federal Signal Stock Performance

Shares of NYSE:FSS opened at $84.76 on Thursday. The company has a market capitalization of $5.18 billion, a price-to-earnings ratio of 25.76 and a beta of 0.93. Federal Signal Co. has a 12 month low of $57.29 and a 12 month high of $102.18. The firm’s 50-day moving average is $89.82 and its 200 day moving average is $88.63. The company has a current ratio of 2.89, a quick ratio of 1.35 and a debt-to-equity ratio of 0.23.

Federal Signal Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be issued 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 0.57%. Federal Signal’s payout ratio is 14.59%.

Insider Activity at Federal Signal

In related news, Director Brenda Reichelderfer sold 25,685 shares of the company’s stock in a transaction dated 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 directly owns 57,417 shares in the company, valued at approximately $5,339,206.83. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 3.10% of the stock is currently owned by insiders.

About Federal Signal

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.