Consolidated Portfolio Review Corp purchased a new stake in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 4,986 shares of the construction company's stock, valued at approximately $2,114,000.
Other institutional investors also recently modified their holdings of the company. Diversified Trust Co acquired a new position in shares of Comfort Systems USA during the fourth quarter worth $2,998,000. Zacks Investment Management increased its stake in shares of Comfort Systems USA by 26.2% in the third quarter. Zacks Investment Management now owns 8,650 shares of the construction company's stock valued at $3,376,000 after buying an additional 1,795 shares during the period. Entropy Technologies LP bought a new position in shares of Comfort Systems USA during the third quarter worth about $1,484,000. WCM Investment Management LLC lifted its stake in shares of Comfort Systems USA by 16.5% in the third quarter. WCM Investment Management LLC now owns 99,553 shares of the construction company's stock worth $38,833,000 after acquiring an additional 14,090 shares during the period. Finally, Quest Partners LLC acquired a new stake in Comfort Systems USA during the 3rd quarter valued at approximately $940,000. Institutional investors and hedge funds own 96.51% of the company's stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on the company. Stifel Nicolaus increased their price target on Comfort Systems USA from $524.00 to $577.00 and gave the stock a "buy" rating in a report on Friday, January 24th. UBS Group upped their target price on shares of Comfort Systems USA from $525.00 to $575.00 and gave the stock a "buy" rating in a report on Monday, December 9th. StockNews.com raised Comfort Systems USA from a "hold" rating to a "buy" rating in a research report on Thursday. Finally, Northcoast Research started coverage on shares of Comfort Systems USA in a research note on Friday, November 22nd. They issued a "buy" rating and a $525.00 target price for the company. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, Comfort Systems USA has an average rating of "Buy" and a consensus target price of $506.75.
Get Our Latest Report on FIX
Insider Buying and Selling
In other news, insider Brian E. Lane sold 15,000 shares of the firm's stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $448.88, for a total value of $6,733,200.00. Following the transaction, the insider now owns 204,205 shares of the company's stock, valued at $91,663,540.40. This trade represents a 6.84 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO T Mckenna Trent sold 4,000 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $484.81, for a total transaction of $1,939,240.00. Following the completion of the sale, the chief operating officer now directly owns 23,990 shares of the company's stock, valued at approximately $11,630,591.90. This trade represents a 14.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.80% of the stock is owned by corporate insiders.
Comfort Systems USA Stock Up 1.1 %
Shares of FIX traded up $5.05 on Monday, reaching $465.11. The stock had a trading volume of 138,718 shares, compared to its average volume of 458,200. The firm has a market capitalization of $16.55 billion, a price-to-earnings ratio of 35.62 and a beta of 1.22. The company has a 50-day simple moving average of $460.83 and a 200-day simple moving average of $409.70. Comfort Systems USA, Inc. has a 12-month low of $233.09 and a 12-month high of $553.09. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.02 and a current ratio of 1.04.
Comfort Systems USA Profile
(
Free Report)
Comfort Systems USA, Inc, together with its subsidiaries, provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. It operates through two segments, Mechanical and Electrical. The company offers heating, ventilation, and air conditioning systems, as well as plumbing, electrical, piping and controls, off-site construction, monitoring, and fire protection.
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