Mather Group LLC. Boosts Stake in Federal Signal Co. (NYSE:FSS)

Mather Group LLC. increased its stake in Federal Signal Co. (NYSE:FSS) by 20.1% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 889 shares of the conglomerate’s stock after buying an additional 149 shares during the period. Mather Group LLC.’s holdings in Federal Signal were worth $82,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Barclays PLC grew its stake in shares of Federal Signal by 338.7% in the 3rd quarter. Barclays PLC now owns 145,188 shares of the conglomerate’s stock worth $13,569,000 after buying an additional 112,092 shares during the last quarter. First Hawaiian Bank grew its stake in shares of Federal Signal by 520.7% in the 4th quarter. First Hawaiian Bank now owns 17,751 shares of the conglomerate’s stock worth $1,640,000 after buying an additional 14,891 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Federal Signal by 4.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 769,047 shares of the conglomerate’s stock worth $71,875,000 after buying an additional 31,517 shares during the last quarter. Quest Partners LLC grew its stake in shares of Federal Signal by 4,025.9% in the 3rd quarter. Quest Partners LLC now owns 18,608 shares of the conglomerate’s stock worth $1,739,000 after buying an additional 18,157 shares during the last quarter. Finally, EULAV Asset Management grew its stake in shares of Federal Signal by 15.3% in the 3rd quarter. EULAV Asset Management now owns 240,803 shares of the conglomerate’s stock worth $22,505,000 after buying an additional 32,000 shares during the last quarter. Hedge funds and other institutional investors own 92.73% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on FSS. StockNews.com downgraded Federal Signal from a “buy” rating to a “hold” rating in a research note on Monday, February 3rd. Raymond James reiterated an “outperform” rating and set a $110.00 target price on shares of Federal Signal in a research note on Tuesday, December 24th. Finally, DA Davidson cut their target price on Federal Signal from $94.00 to $90.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 5th.

Federal Signal Price Performance

NYSE FSS opened at $97.76 on Friday. The business’s fifty day moving average price is $95.93 and its 200-day moving average price is $92.93. The stock has a market capitalization of $5.97 billion, a price-to-earnings ratio of 28.34 and a beta of 1.01. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.83 and a quick ratio of 1.36. Federal Signal Co. has a 1-year low of $76.03 and a 1-year high of $102.18.

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.