Oak Family Advisors LLC Sells 7,204 Shares of Federal Signal Co. (NYSE:FSS)

Oak Family Advisors LLC cut its stake in Federal Signal Co. (NYSE:FSS - Free Report) by 73.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,551 shares of the conglomerate's stock after selling 7,204 shares during the quarter. Oak Family Advisors LLC's holdings in Federal Signal were worth $236,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. State Street Corp lifted its holdings in Federal Signal by 1.1% in the third quarter. State Street Corp now owns 2,293,775 shares of the conglomerate's stock worth $214,376,000 after buying an additional 25,080 shares during the period. Geode Capital Management LLC lifted its stake in shares of Federal Signal by 17.6% in the 3rd quarter. Geode Capital Management LLC now owns 1,601,774 shares of the conglomerate's stock valued at $149,727,000 after purchasing an additional 239,789 shares during the period. Conestoga Capital Advisors LLC boosted its position in shares of Federal Signal by 2.6% during the third quarter. Conestoga Capital Advisors LLC now owns 1,389,045 shares of the conglomerate's stock valued at $129,820,000 after purchasing an additional 35,167 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Federal Signal by 4.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 769,047 shares of the conglomerate's stock worth $71,875,000 after purchasing an additional 31,517 shares during the period. Finally, Franklin Resources Inc. raised its holdings in Federal Signal by 26.7% in the third quarter. Franklin Resources Inc. now owns 638,253 shares of the conglomerate's stock worth $59,523,000 after purchasing an additional 134,457 shares in the last quarter. 92.73% of the stock is owned by hedge funds and other institutional investors.

Federal Signal Stock Up 0.0 %

Shares of NYSE:FSS traded up $0.03 on Thursday, hitting $97.75. 344,025 shares of the company traded hands, compared to its average volume of 381,284. The company has a market cap of $5.97 billion, a PE ratio of 28.33 and a beta of 1.01. The stock has a 50 day simple moving average of $95.94 and a 200-day simple moving average of $92.89. Federal Signal Co. has a 52 week low of $76.03 and a 52 week high of $102.18. The company has a quick ratio of 1.36, a current ratio of 2.83 and a debt-to-equity ratio of 0.19.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on FSS. StockNews.com downgraded shares of Federal Signal from a "buy" rating to a "hold" rating in a research report on Monday. Raymond James restated an "outperform" rating and issued a $110.00 price objective on shares of Federal Signal in a report on Tuesday, December 24th. Finally, DA Davidson lowered their target price 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.

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.