Federal Signal Corporation (FSS) Holdings Boosted by Macquarie Group Ltd.

Macquarie Group Ltd. raised its stake in shares of Federal Signal Corporation (NYSE:FSS) by 6.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,139,379 shares of the conglomerate’s stock after purchasing an additional 67,137 shares during the period. Macquarie Group Ltd. owned 1.90% of Federal Signal Corporation worth $19,780,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. BlackRock Inc. lifted its holdings in Federal Signal Corporation by 45,296.2% during the first quarter. BlackRock Inc. now owns 7,375,976 shares of the conglomerate’s stock valued at $101,863,000 after purchasing an additional 7,359,728 shares in the last quarter. Franklin Resources Inc. lifted its holdings in Federal Signal Corporation by 8.0% during the second quarter. Franklin Resources Inc. now owns 5,279,934 shares of the conglomerate’s stock valued at $91,659,000 after purchasing an additional 391,353 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Federal Signal Corporation by 0.3% during the first quarter. Dimensional Fund Advisors LP now owns 5,032,340 shares of the conglomerate’s stock valued at $69,496,000 after purchasing an additional 13,042 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Federal Signal Corporation by 3.3% during the second quarter. Vanguard Group Inc. now owns 3,197,214 shares of the conglomerate’s stock valued at $55,503,000 after purchasing an additional 103,228 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in Federal Signal Corporation by 5.2% during the second quarter. Goldman Sachs Group Inc. now owns 2,517,979 shares of the conglomerate’s stock valued at $43,712,000 after purchasing an additional 123,700 shares in the last quarter. 83.71% of the stock is currently owned by institutional investors and hedge funds.

ILLEGAL ACTIVITY WARNING: “Federal Signal Corporation (FSS) Holdings Boosted by Macquarie Group Ltd.” was posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this news story on another domain, it was copied illegally and reposted in violation of US and international copyright legislation. The original version of this news story can be viewed at https://ledgergazette.com/2017/10/12/federal-signal-corporation-fss-holdings-boosted-by-macquarie-group-ltd.html.

Federal Signal Corporation (NYSE FSS) opened at 21.37 on Thursday. The stock has a market capitalization of $1.28 billion, a P/E ratio of 32.63 and a beta of 1.38. Federal Signal Corporation has a 1-year low of $11.68 and a 1-year high of $21.94. The stock has a 50 day moving average of $19.91 and a 200 day moving average of $17.33.

Federal Signal Corporation (NYSE:FSS) last released its quarterly earnings data on Tuesday, August 8th. The conglomerate reported $0.23 EPS for the quarter, topping the consensus estimate of $0.20 by $0.03. The business had revenue of $224.40 million for the quarter, compared to analyst estimates of $206.53 million. Federal Signal Corporation had a net margin of 5.20% and a return on equity of 10.59%. The business’s revenue for the quarter was up 30.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.17 EPS. On average, analysts expect that Federal Signal Corporation will post $0.79 earnings per share for the current year.

Several research firms have issued reports on FSS. Zacks Investment Research raised shares of Federal Signal Corporation from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a report on Thursday, August 24th. BidaskClub raised shares of Federal Signal Corporation from a “hold” rating to a “buy” rating in a repo

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. BlackRock Inc. lifted its holdings in Federal Signal Corporation by 45,296.2% during the first quarter. BlackRock Inc. now owns 7,375,976 shares of the conglomerate’s stock valued at $101,863,000 after purchasing an additional 7,359,728 shares in the last quarter. Franklin Resources Inc. lifted its holdings in Federal Signal Corporation by 8.0% during the second quarter. Franklin Resources Inc. now owns 5,279,934 shares of the conglomerate’s stock valued at $91,659,000 after purchasing an additional 391,353 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Federal Signal Corporation by 0.3% during the first quarter. Dimensional Fund Advisors LP now owns 5,032,340 shares of the conglomerate’s stock valued at $69,496,000 after purchasing an additional 13,042 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Federal Signal Corporation by 3.3% during the second quarter. Vanguard Group Inc. now owns 3,197,214 shares of the conglomerate’s stock valued at $55,503,000 after purchasing an additional 103,228 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in Federal Signal Corporation by 5.2% during the second quarter. Goldman Sachs Group Inc. now owns 2,517,979 shares of the conglomerate’s stock valued at $43,712,000 after purchasing an additional 123,700 shares in the last quarter. 83.71% of the stock is currently owned by institutional investors and hedge funds.

ILLEGAL ACTIVITY WARNING: “Federal Signal Corporation (FSS) Holdings Boosted by Macquarie Group Ltd.” was posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this news story on another domain, it was copied illegally and reposted in violation of US and international copyright legislation. The original version of this news story can be viewed at https://ledgergazette.com/2017/10/12/federal-signal-corporation-fss-holdings-boosted-by-macquarie-group-ltd.html.

Federal Signal Corporation (NYSE FSS) opened at 21.37 on Thursday. The stock has a market capitalization of $1.28 billion, a P/E ratio of 32.63 and a beta of 1.38. Federal Signal Corporation has a 1-year low of $11.68 and a 1-year high of $21.94. The stock has a 50 day moving average of $19.91 and a 200 day moving average of $17.33.

Federal Signal Corporation (NYSE:FSS) last released its quarterly earnings data on Tuesday, August 8th. The conglomerate reported $0.23 EPS for the quarter, topping the consensus estimate of $0.20 by $0.03. The business had revenue of $224.40 million for the quarter, compared to analyst estimates of $206.53 million. Federal Signal Corporation had a net margin of 5.20% and a return on equity of 10.59%. The business’s revenue for the quarter was up 30.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.17 EPS. On average, analysts expect that Federal Signal Corporation will post $0.79 earnings per share for the current year.

Several research firms have issued reports on FSS. Zacks Investment Research raised shares of Federal Signal Corporation from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a report on Thursday, August 24th. BidaskClub raised shares of Federal Signal Corporation from a “hold” rating to a “buy” rating in a report on Tuesday, July 11th. One research analyst has rated the stock with a hold rating and three have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $21.50.

Federal Signal Corporation Company Profile

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.

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

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