Apollon Wealth Management LLC lowered its position in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 56.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 736 shares of the construction company's stock after selling 943 shares during the period. Apollon Wealth Management LLC's holdings in Comfort Systems USA were worth $312,000 at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of the company. Vaughan Nelson Investment Management L.P. bought a new position in Comfort Systems USA in the 3rd quarter worth approximately $138,987,000. Jennison Associates LLC raised its position in Comfort Systems USA by 6,071.6% in the 3rd quarter. Jennison Associates LLC now owns 176,570 shares of the construction company's stock worth $68,924,000 after purchasing an additional 173,709 shares during the last quarter. Natixis Advisors LLC raised its position in Comfort Systems USA by 871.4% in the 3rd quarter. Natixis Advisors LLC now owns 132,693 shares of the construction company's stock worth $51,797,000 after purchasing an additional 119,033 shares during the last quarter. EULAV Asset Management grew its holdings in Comfort Systems USA by 80.0% during the 3rd quarter. EULAV Asset Management now owns 145,103 shares of the construction company's stock worth $56,641,000 after acquiring an additional 64,500 shares during the period. Finally, Geode Capital Management LLC grew its holdings in Comfort Systems USA by 6.8% during the 3rd quarter. Geode Capital Management LLC now owns 748,128 shares of the construction company's stock worth $292,093,000 after acquiring an additional 47,929 shares during the period. Institutional investors own 96.51% of the company's stock.
Insider Activity
In other news, COO T Mckenna Trent sold 4,000 shares of the company's stock in a transaction dated 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 sale, the chief operating officer now directly owns 23,990 shares of the company's stock, valued at approximately $11,630,591.90. This represents a 14.29 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.80% of the stock is owned by insiders.
Wall Street Analyst Weigh In
FIX has been the subject of a number of analyst reports. StockNews.com raised shares of Comfort Systems USA from a "hold" rating to a "buy" rating in a report on Saturday. Northcoast Research assumed 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. Stifel Nicolaus upped their target price on shares of Comfort Systems USA from $524.00 to $577.00 and gave the stock a "buy" rating in a research note on Friday, January 24th. Finally, 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 research note on Monday, December 9th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, Comfort Systems USA presently has an average rating of "Buy" and an average price target of $506.75.
View Our Latest Report on Comfort Systems USA
Comfort Systems USA Stock Down 1.9 %
NYSE:FIX traded down $7.50 on Tuesday, hitting $383.72. 254,228 shares of the company's stock were exchanged, compared to its average volume of 487,503. 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 50-day moving average price of $451.49 and a 200-day moving average price of $413.88. The company has a market cap of $13.66 billion, a P/E ratio of 29.36 and a beta of 1.22. Comfort Systems USA, Inc. has a 52 week low of $239.80 and a 52 week high of $553.09.
About Comfort Systems USA
(
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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