Alliance Wealth Advisors LLC UT Sells 906 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Alliance Wealth Advisors LLC UT decreased its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 20.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,490 shares of the construction company's stock after selling 906 shares during the period. Alliance Wealth Advisors LLC UT's holdings in Comfort Systems USA were worth $1,480,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Diversified Trust Co bought a new position in Comfort Systems USA during the fourth quarter worth $2,998,000. Zacks Investment Management raised its holdings in shares of Comfort Systems USA by 26.2% during the third quarter. Zacks Investment Management now owns 8,650 shares of the construction company's stock worth $3,376,000 after purchasing an additional 1,795 shares during the period. Entropy Technologies LP bought a new position in shares of Comfort Systems USA in the 3rd quarter worth about $1,484,000. WCM Investment Management LLC boosted its holdings in shares of Comfort Systems USA by 16.5% in the 3rd quarter. WCM Investment Management LLC now owns 99,553 shares of the construction company's stock valued at $38,833,000 after buying an additional 14,090 shares during the period. Finally, Quest Partners LLC bought a new stake in shares of Comfort Systems USA during the 3rd quarter valued at about $940,000. 96.51% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Comfort Systems USA news, insider Brian E. Lane sold 15,000 shares of the company's stock in a transaction that occurred on 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 completion of the sale, the insider now directly owns 204,205 shares in the company, valued at $91,663,540.40. This represents a 6.84 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO T Mckenna Trent sold 4,000 shares of Comfort Systems USA stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $484.81, for a total value of $1,939,240.00. Following the transaction, the chief operating officer now owns 23,990 shares in the company, 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 currently owned by insiders.

Comfort Systems USA Stock Performance

Shares of NYSE FIX traded down $8.96 during midday trading on Friday, hitting $460.79. 407,496 shares of the company's stock were exchanged, compared to its average volume of 471,119. Comfort Systems USA, Inc. has a twelve month low of $232.21 and a twelve month high of $553.09. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02. The firm has a market cap of $16.40 billion, a P/E ratio of 35.26 and a beta of 1.22. The stock's 50 day moving average price is $461.47 and its 200-day moving average price is $407.38.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. StockNews.com raised shares of Comfort Systems USA from a "hold" rating to a "buy" rating in a report on Thursday. Stifel Nicolaus boosted their price objective on Comfort Systems USA from $524.00 to $577.00 and gave the company a "buy" rating in a research report on Friday, January 24th. UBS Group increased their target price on Comfort Systems USA from $525.00 to $575.00 and gave the stock a "buy" rating in a research report on Monday, December 9th. Finally, Northcoast Research started coverage on Comfort Systems USA in a research note on Friday, November 22nd. They issued a "buy" rating and a $525.00 target price on the stock. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Comfort Systems USA has an average rating of "Buy" and an average price target of $506.75.

About Comfort Systems USA

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.