1,516 Shares in Comfort Systems USA, Inc. (NYSE:FIX) Acquired by Fortress Financial Solutions LLC

Fortress Financial Solutions LLC acquired a new position in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,516 shares of the construction company's stock, valued at approximately $643,000. Comfort Systems USA comprises 0.9% of Fortress Financial Solutions LLC's investment portfolio, making the stock its 26th biggest position.

A number of other 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 3rd quarter worth $28,000. Harbor Investment Advisory LLC grew its position in shares of 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 acquiring an additional 55 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Comfort Systems USA during the third quarter worth about $38,000. V Square Quantitative Management LLC increased its holdings in shares of Comfort Systems USA by 59.5% in the 3rd quarter. V Square Quantitative Management LLC now owns 126 shares of the construction company's stock worth $49,000 after acquiring an additional 47 shares during the period. Finally, True Wealth Design LLC bought a new stake in Comfort Systems USA in the 3rd quarter valued at about $53,000. Institutional investors and hedge funds own 96.51% of the company's stock.

Comfort Systems USA Price Performance

Shares of NYSE FIX traded down $3.65 during mid-day trading on Friday, reaching $391.40. 368,546 shares of the company traded hands, compared to its average volume of 474,194. Comfort Systems USA, Inc. has a fifty-two week low of $239.80 and a fifty-two week high of $553.09. The firm has a market cap of $13.93 billion, a PE ratio of 29.95 and a beta of 1.22. The stock has a fifty day simple moving average of $452.91 and a 200-day simple moving average of $412.86. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02.

Insider Buying and Selling at Comfort Systems USA

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 value of $1,939,240.00. Following the transaction, the chief operating officer now 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 sale was disclosed in a document filed with the SEC, which is accessible through this link. 1.80% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. UBS Group upped their target price on shares of Comfort Systems USA from $525.00 to $575.00 and gave the stock a "buy" rating in a research report on Monday, December 9th. StockNews.com raised Comfort Systems USA from a "hold" rating to a "buy" rating in a report on Saturday. Northcoast Research started coverage on Comfort Systems USA in a research note on Friday, November 22nd. They set a "buy" rating and a $525.00 target price on the stock. Finally, Stifel Nicolaus increased their price target 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, According to MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target 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.