Comfort Systems USA, Inc. (NYSE:FIX) Shares Purchased by Retirement Systems of Alabama

Retirement Systems of Alabama increased its position in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 45.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 77,949 shares of the construction company's stock after buying an additional 24,302 shares during the period. Retirement Systems of Alabama owned 0.22% of Comfort Systems USA worth $33,055,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in FIX. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Comfort Systems USA by 28.6% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 126 shares of the construction company's stock valued at $53,000 after acquiring an additional 28 shares during the last quarter. Dakota Wealth Management lifted its stake in shares of Comfort Systems USA by 3.8% in the 4th quarter. Dakota Wealth Management now owns 788 shares of the construction company's stock valued at $334,000 after purchasing an additional 29 shares during the last quarter. Covestor Ltd boosted its holdings in shares of Comfort Systems USA by 7.1% in the 3rd quarter. Covestor Ltd now owns 465 shares of the construction company's stock worth $182,000 after purchasing an additional 31 shares during the period. Signaturefd LLC increased its position in shares of Comfort Systems USA by 9.3% during the 3rd quarter. Signaturefd LLC now owns 377 shares of the construction company's stock valued at $147,000 after purchasing an additional 32 shares during the last quarter. Finally, Trust Point Inc. raised its holdings in Comfort Systems USA by 1.8% during the 4th quarter. Trust Point Inc. now owns 1,827 shares of the construction company's stock valued at $775,000 after buying an additional 32 shares during the period. Hedge funds and other institutional investors own 96.51% of the company's stock.

Comfort Systems USA Stock Down 1.9 %

Shares of FIX traded down $8.96 during mid-day trading on Friday, hitting $460.79. 407,496 shares of the company traded hands, compared to its average volume of 474,194. The company has a market capitalization of $16.40 billion, a PE ratio of 35.26 and a beta of 1.22. 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 $460.83 and a 200 day moving average of $408.93. Comfort Systems USA, Inc. has a 1-year low of $232.21 and a 1-year high of $553.09.

Insider Buying and Selling

In other news, COO T Mckenna Trent sold 4,000 shares of Comfort Systems USA stock in a transaction that occurred on Friday, November 22nd. The shares were 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 $11,630,591.90. The trade was a 14.29 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Brian E. Lane sold 15,000 shares of the stock in a transaction on Wednesday, November 13th. The stock was 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 in the company, valued at $91,663,540.40. This trade represents a 6.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.80% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have commented on FIX shares. StockNews.com raised shares of Comfort Systems USA from a "hold" rating to a "buy" rating in a research note on Thursday. UBS Group upped their price target 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. Stifel Nicolaus raised their price objective 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, Northcoast Research assumed coverage on Comfort Systems USA in a research report on Friday, November 22nd. They set a "buy" rating and a $525.00 target price for the company. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $506.75.

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.