Janney Montgomery Scott LLC increased its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 33.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,294 shares of the construction company's stock after acquiring an additional 2,094 shares during the quarter. Janney Montgomery Scott LLC's holdings in Comfort Systems USA were worth $3,517,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. Hollencrest Capital Management acquired a new position in shares of Comfort Systems USA during the third quarter valued at about $28,000. Harbor Investment Advisory LLC increased its position in Comfort Systems USA by 183.3% in the 4th quarter. Harbor Investment Advisory LLC now owns 85 shares of the construction company's stock valued at $36,000 after buying an additional 55 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Comfort Systems USA during the 3rd quarter worth approximately $38,000. V Square Quantitative Management LLC boosted its holdings in Comfort Systems USA by 59.5% in the third 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 in the last quarter. Finally, True Wealth Design LLC acquired a new stake in Comfort Systems USA in the third quarter valued at approximately $53,000. 96.51% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on FIX shares. UBS Group increased their target price on Comfort Systems USA from $525.00 to $575.00 and gave the stock 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 company a "buy" rating in a research note on Friday, January 24th. StockNews.com cut shares of Comfort Systems USA from a "buy" rating to a "hold" rating in a report on Thursday, January 9th. Finally, Northcoast Research initiated coverage on shares of Comfort Systems USA in a report on Friday, November 22nd. They issued a "buy" rating and a $525.00 target price on the stock. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $506.75.
Check Out Our Latest Analysis on Comfort Systems USA
Comfort Systems USA Stock Down 1.9 %
NYSE:FIX traded down $8.18 during trading hours on Monday, hitting $428.57. 243,512 shares of the company traded hands, compared to its average volume of 484,680. Comfort Systems USA, Inc. has a one year low of $220.99 and a one year high of $553.09. 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 cap of $15.25 billion, a PE ratio of 32.84 and a beta of 1.22. The firm's 50-day simple moving average is $465.58 and its 200-day simple moving average is $404.94.
Insider Activity at Comfort Systems USA
In related news, COO T Mckenna Trent sold 4,000 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $484.81, for a total transaction of $1,939,240.00. Following the completion of the sale, the chief operating officer now directly owns 23,990 shares of the company's stock, valued at approximately $11,630,591.90. This trade represents a 14.29 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Brian E. Lane sold 15,000 shares of the business's 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 completion of the transaction, the insider now directly owns 204,205 shares in the company, valued at approximately $91,663,540.40. This represents a 6.84 % decrease in their position. 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. Corporate insiders own 1.80% of the company's stock.
About Comfort Systems USA
(
Free Report)
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.
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