Entropy Technologies LP decreased its stake in shares of Federal Signal Co. (NYSE:FSS – Free Report) by 9.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 6,756 shares of the conglomerate’s stock after selling 699 shares during the period. Entropy Technologies LP’s holdings in Federal Signal were worth $624,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. V Square Quantitative Management LLC bought a new stake in shares of Federal Signal during the third quarter worth approximately $29,000. Quarry LP lifted its holdings in Federal Signal by 73.5% during the 3rd quarter. Quarry LP now owns 432 shares of the conglomerate’s stock worth $40,000 after purchasing an additional 183 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Federal Signal in the 3rd quarter valued at $46,000. Millburn Ridgefield Corp acquired a new position in Federal Signal in the 3rd quarter valued at $70,000. Finally, Mather Group LLC. increased its position in Federal Signal by 20.1% during the 4th quarter. Mather Group LLC. now owns 889 shares of the conglomerate’s stock worth $82,000 after buying an additional 149 shares during the period. Institutional investors and hedge funds own 92.73% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on FSS shares. StockNews.com cut shares of Federal Signal from a “buy” rating to a “hold” rating in a research report on Monday, February 3rd. DA Davidson cut their price objective on shares of Federal Signal from $94.00 to $90.00 and set a “neutral” rating for the company in a report on Tuesday, November 5th. Finally, Raymond James reaffirmed an “outperform” rating and set a $110.00 target price on shares of Federal Signal in a report on Tuesday, December 24th.
Federal Signal Stock Performance
FSS opened at $99.07 on Wednesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.36 and a current ratio of 2.83. Federal Signal Co. has a 52-week low of $76.03 and a 52-week high of $102.18. The firm has a market cap of $6.05 billion, a P/E ratio of 28.71 and a beta of 1.01. The business’s fifty day moving average is $95.92 and its 200-day moving average is $92.90.
Federal Signal 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.
Featured Stories
- Five stocks we like better than Federal Signal
- Transportation Stocks Investing
- META Stock: Insider Selling Ramps Up—What It Means for Investors
- Are Penny Stocks a Good Fit for Your Portfolio?
- 3 Chip Stocks Still Trading 50% Below Their 52-Week Highs
- Quiet Period Expirations Explained
- U.S. Steel: Will Trump-Backed Nippon Investment Drive Upside?
Want to see what other hedge funds are holding FSS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Federal Signal Co. (NYSE:FSS – Free Report).
Receive News & Ratings for Federal Signal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Federal Signal and related companies with MarketBeat.com's FREE daily email newsletter.