Choreo LLC Sells 750 Shares of Federal Signal Co. (NYSE:FSS)

Choreo LLC decreased its position in shares of Federal Signal Co. (NYSE:FSS) by 21.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,689 shares of the conglomerate’s stock after selling 750 shares during the quarter. Choreo LLC’s holdings in Federal Signal were worth $248,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. V Square Quantitative Management LLC purchased a new stake in shares of Federal Signal during the 3rd quarter valued at about $29,000. Quarry LP boosted its holdings in Federal Signal by 73.5% in the third 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 worth approximately $46,000. Millburn Ridgefield Corp bought a new position in shares of Federal Signal during the 3rd quarter valued at $70,000. Finally, Mather Group LLC. boosted its stake in shares of Federal Signal by 20.1% in 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 last quarter. Institutional investors own 92.73% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on the company. DA Davidson reduced their price objective on Federal Signal from $94.00 to $90.00 and set a “neutral” rating for the company in a research report on Tuesday, November 5th. Raymond James reaffirmed an “outperform” rating and set a $110.00 price target on shares of Federal Signal in a research report on Tuesday, December 24th. Finally, StockNews.com downgraded shares of Federal Signal from a “buy” rating to a “hold” rating in a report on Thursday.

Federal Signal Price Performance

Shares of Federal Signal stock opened at $96.97 on Friday. 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 stock’s fifty day moving average is $95.87 and its 200 day moving average is $92.96. The stock has a market cap of $5.93 billion, a P/E ratio of 28.11 and a beta of 1.01. Federal Signal Co. has a one year low of $76.85 and a one 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.