Swedbank AB Has $16.96 Million Stock Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

Swedbank AB trimmed its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 55.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 40,000 shares of the construction company's stock after selling 50,000 shares during the period. Swedbank AB owned 0.11% of Comfort Systems USA worth $16,962,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on FIX. Northcoast Research started coverage on Comfort Systems USA in a research report on Friday, November 22nd. They set a "buy" rating and a $525.00 price objective for the company. StockNews.com downgraded shares of Comfort Systems USA from a "buy" rating to a "hold" rating in a research report on Thursday, January 9th. UBS Group increased their price objective on shares of Comfort Systems USA from $525.00 to $575.00 and gave the company a "buy" rating in a report on Monday, December 9th. Finally, Stifel Nicolaus upped their price target on shares of Comfort Systems USA from $524.00 to $577.00 and gave the company a "buy" rating in a report on Friday, January 24th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, Comfort Systems USA has an average rating of "Moderate Buy" and an average price target of $506.75.

Insiders Place Their Bets

In other Comfort Systems USA news, COO T Mckenna Trent sold 4,000 shares of the company's stock in a transaction that occurred 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 represents a 14.29 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Brian E. Lane sold 15,000 shares of Comfort Systems USA stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $448.88, for a total transaction of $6,733,200.00. Following the sale, the insider now directly owns 204,205 shares of the company's stock, valued at $91,663,540.40. This trade represents a 6.84 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.80% of the company's stock.

Comfort Systems USA Trading Down 0.6 %

Shares of Comfort Systems USA stock traded down $2.75 during trading on Tuesday, hitting $424.31. The stock had a trading volume of 166,640 shares, compared to its average volume of 474,616. Comfort Systems USA, Inc. has a 1 year low of $220.99 and a 1 year high of $553.09. The stock has a 50 day simple moving average of $465.58 and a 200 day simple moving average of $404.94. 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 company has a market capitalization of $15.10 billion, a PE ratio of 32.49 and a beta of 1.22.

Comfort Systems USA 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.