Entropy Technologies LP Boosts Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

Entropy Technologies LP grew its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 26.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,801 shares of the construction company's stock after purchasing an additional 1,000 shares during the quarter. Entropy Technologies LP's holdings in Comfort Systems USA were worth $2,036,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FIX. Hollencrest Capital Management bought a new position in Comfort Systems USA during the third quarter worth about $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. bought a new position in Comfort Systems USA during the third quarter worth about $38,000. V Square Quantitative Management LLC boosted its position in Comfort Systems USA by 59.5% during the third 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 bought a new position in Comfort Systems USA during the third quarter worth about $53,000. Institutional investors own 96.51% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on FIX shares. StockNews.com upgraded shares of Comfort Systems USA from a "hold" rating to a "buy" rating in a research report on Thursday, February 6th. UBS Group raised 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 report on Monday, December 9th. Northcoast Research initiated 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 objective for the company. Finally, Stifel Nicolaus raised their price objective on shares of Comfort Systems USA from $524.00 to $577.00 and gave the company a "buy" rating in a research report on Friday, January 24th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, Comfort Systems USA has an average rating of "Buy" and an average target price of $506.75.

Comfort Systems USA Price Performance

FIX traded down $4.17 on Thursday, reaching $394.15. The company had a trading volume of 857,967 shares, compared to its average volume of 501,023. The business has a 50 day simple moving average of $457.08 and a 200 day simple moving average of $411.70. The company has a market cap of $14.03 billion, a price-to-earnings ratio of 30.16 and a beta of 1.22. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.02 and a current ratio of 1.04. Comfort Systems USA, Inc. has a 52-week low of $239.80 and a 52-week high of $553.09.

Insider Activity at Comfort Systems USA

In related news, COO T Mckenna Trent sold 4,000 shares of the firm'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 sale, the chief operating officer now directly owns 23,990 shares of the company's stock, valued at $11,630,591.90. This trade represents a 14.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.80% of the stock is currently owned by insiders.

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.