Moloney Securities Asset Management LLC Sells 922 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Moloney Securities Asset Management LLC lessened its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 35.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,659 shares of the construction company's stock after selling 922 shares during the period. Moloney Securities Asset Management LLC's holdings in Comfort Systems USA were worth $703,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in FIX. Hollencrest Capital Management acquired a new stake in shares of Comfort Systems USA in the third quarter valued at approximately $28,000. Harbor Investment Advisory LLC boosted its position in Comfort Systems USA by 183.3% during the fourth quarter. Harbor Investment Advisory LLC now owns 85 shares of the construction company's stock worth $36,000 after purchasing an additional 55 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Comfort Systems USA in the 3rd quarter valued at about $38,000. V Square Quantitative Management LLC grew its position in shares of Comfort Systems USA by 59.5% in the third quarter. V Square Quantitative Management LLC now owns 126 shares of the construction company's stock valued at $49,000 after purchasing an additional 47 shares during the last quarter. Finally, True Wealth Design LLC bought a new position in Comfort Systems USA during the 3rd quarter worth $53,000. 96.51% of the stock is owned by institutional investors and hedge funds.

Comfort Systems USA Trading Down 1.0 %

FIX stock traded down $4.17 during trading on Thursday, hitting $394.15. The company had a trading volume of 857,967 shares, compared to its average volume of 501,023. Comfort Systems USA, Inc. has a one year low of $239.80 and a one year high of $553.09. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.04. The business has a 50-day moving average of $457.08 and a 200-day moving average of $411.70. The stock has a market cap of $14.03 billion, a PE ratio of 30.16 and a beta of 1.22.

Insider Activity

In related news, COO T Mckenna Trent sold 4,000 shares of the company's stock in a transaction that occurred on Friday, November 22nd. The stock was 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 represents a 14.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.80% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Northcoast Research began coverage on Comfort Systems USA in a research report on Friday, November 22nd. They set a "buy" rating and a $525.00 price target on the stock. UBS Group raised their target price on Comfort Systems USA from $525.00 to $575.00 and gave the company 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 note on Thursday, February 6th. Finally, Stifel Nicolaus boosted their target price 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. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, Comfort Systems USA currently has an average rating of "Buy" and a consensus target price of $506.75.

Comfort Systems USA Company Profile

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.