Consolidated Planning Corp Increases Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

Consolidated Planning Corp grew its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 49.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,783 shares of the construction company's stock after acquiring an additional 1,573 shares during the quarter. Consolidated Planning Corp's holdings in Comfort Systems USA were worth $2,028,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Hollencrest Capital Management purchased a new position in shares of Comfort Systems USA during the 3rd quarter valued at about $28,000. Harbor Investment Advisory LLC raised its holdings in shares of Comfort Systems USA by 183.3% during the 4th quarter. Harbor Investment Advisory LLC now owns 85 shares of the construction company's stock valued at $36,000 after buying an additional 55 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Comfort Systems USA in the 3rd quarter worth approximately $38,000. V Square Quantitative Management LLC increased its stake in Comfort Systems USA by 59.5% in the 3rd quarter. V Square Quantitative Management LLC now owns 126 shares of the construction company's stock worth $49,000 after purchasing an additional 47 shares during the period. Finally, True Wealth Design LLC purchased a new position in Comfort Systems USA in the 3rd quarter worth approximately $53,000. 96.51% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Comfort Systems USA

In related news, COO T Mckenna Trent sold 4,000 shares of the stock in a transaction that occurred 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 transaction, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.80% of the company's stock.

Comfort Systems USA Stock Performance

FIX traded down $3.65 during midday trading on Friday, reaching $391.40. The company had a trading volume of 368,546 shares, compared to its average volume of 474,194. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.04. The business has a 50-day moving average of $452.91 and a two-hundred day moving average of $412.86. The company has a market cap of $13.93 billion, a P/E ratio of 29.95 and a beta of 1.22. Comfort Systems USA, Inc. has a 1 year low of $239.80 and a 1 year high of $553.09.

Analyst Ratings Changes

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