Empirical Financial Services LLC d.b.a. Empirical Wealth Management Buys Shares of 1,164 Comfort Systems USA, Inc. (NYSE:FIX)

Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 1,164 shares of the construction company's stock, valued at approximately $493,000.

A number of other institutional investors have also recently modified their holdings of the stock. Diversified Trust Co acquired a new stake in shares of Comfort Systems USA in the 4th quarter valued at approximately $2,998,000. Zacks Investment Management increased its holdings in Comfort Systems USA by 26.2% in the 3rd quarter. Zacks Investment Management now owns 8,650 shares of the construction company's stock worth $3,376,000 after purchasing an additional 1,795 shares in the last quarter. Entropy Technologies LP bought a new position in Comfort Systems USA in the third quarter valued at about $1,484,000. WCM Investment Management LLC boosted its stake in shares of Comfort Systems USA by 16.5% during the third quarter. WCM Investment Management LLC now owns 99,553 shares of the construction company's stock valued at $38,833,000 after purchasing an additional 14,090 shares in the last quarter. Finally, Quest Partners LLC bought a new stake in shares of Comfort Systems USA during the third quarter worth about $940,000. 96.51% of the stock is currently owned by institutional investors.

Insider Transactions at Comfort Systems USA

In related news, Director Pablo G. Mercado sold 2,500 shares of the firm's stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $409.46, for a total transaction of $1,023,650.00. Following the transaction, the director now directly owns 9,036 shares of the company's stock, valued at $3,699,880.56. This trade represents a 21.67 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Brian E. Lane sold 15,000 shares of Comfort Systems USA stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $448.88, for a total value of $6,733,200.00. Following the sale, the insider now 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. Insiders have sold 21,500 shares of company stock valued at $9,696,090 over the last ninety days. 1.80% of the stock is owned by company insiders.

Comfort Systems USA Stock Up 1.5 %

Shares of Comfort Systems USA stock traded up $6.19 during trading on Thursday, reaching $432.59. 172,209 shares of the company traded hands, compared to its average volume of 486,696. The company has a 50 day moving average price of $467.77 and a 200-day moving average price of $402.69. Comfort Systems USA, Inc. has a 1-year low of $216.28 and a 1-year high of $553.09. The firm has a market capitalization of $15.40 billion, a PE ratio of 33.09 and a beta of 1.23. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02.

Analysts Set New Price Targets

Several equities analysts have issued reports on FIX shares. Northcoast Research assumed coverage on shares of Comfort Systems USA in a research report on Friday, November 22nd. They issued a "buy" rating and a $525.00 price target for the company. Stifel Nicolaus lifted their price objective 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. StockNews.com downgraded shares of Comfort Systems USA from a "buy" rating to a "hold" rating in a research report on Thursday, January 9th. Finally, UBS Group upped their price objective on shares of Comfort Systems USA from $525.00 to $575.00 and gave the company a "buy" rating in a research note on Monday, December 9th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Comfort Systems USA currently has an average rating of "Moderate Buy" and a consensus 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.