Federal Signal Co. (NYSE:FSS) Stock Position Lowered by Yousif Capital Management LLC

Yousif Capital Management LLC trimmed its position in shares of Federal Signal Co. (NYSE:FSS) by 2.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 23,266 shares of the conglomerate’s stock after selling 478 shares during the period. Yousif Capital Management LLC’s holdings in Federal Signal were worth $2,150,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of FSS. V Square Quantitative Management LLC purchased a new position in shares of Federal Signal during the third quarter valued at $29,000. Quarry LP grew its stake in Federal Signal by 73.5% during the 3rd quarter. Quarry LP now owns 432 shares of the conglomerate’s stock valued at $40,000 after acquiring an additional 183 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Federal Signal during the 3rd quarter valued at about $46,000. Millburn Ridgefield Corp acquired a new position in shares of Federal Signal in the 3rd quarter valued at about $70,000. Finally, Mather Group LLC. lifted its position in shares of Federal Signal by 20.1% in the fourth quarter. Mather Group LLC. now owns 889 shares of the conglomerate’s stock worth $82,000 after purchasing an additional 149 shares in the last quarter. Hedge funds and other institutional investors own 92.73% of the company’s stock.

Federal Signal Price Performance

Shares of FSS opened at $97.44 on Tuesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.36 and a current ratio of 2.83. The firm has a market cap of $5.95 billion, a PE ratio of 28.24 and a beta of 1.01. The firm’s 50 day moving average price is $95.94 and its 200 day moving average price is $92.90. Federal Signal Co. has a twelve month low of $76.03 and a twelve month high of $102.18.

Analyst Ratings Changes

FSS has been the topic of several research reports. Raymond James reiterated an “outperform” rating and issued a $110.00 price objective on shares of Federal Signal in a research note on Tuesday, December 24th. StockNews.com downgraded shares of Federal Signal from a “buy” rating to a “hold” rating in a research note on Monday, February 3rd. Finally, DA Davidson cut their price objective on Federal Signal from $94.00 to $90.00 and set a “neutral” rating for the company in a report on Tuesday, November 5th.

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.