Sheaff Brock Investment Advisors LLC Makes New $1.97 Million Investment in Comfort Systems USA, Inc. (NYSE:FIX)

Sheaff Brock Investment Advisors LLC bought a new stake in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 4,647 shares of the construction company's stock, valued at approximately $1,971,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of FIX. Rhumbline Advisers increased its stake in Comfort Systems USA by 0.3% in the 4th quarter. Rhumbline Advisers now owns 100,719 shares of the construction company's stock worth $42,711,000 after acquiring an additional 328 shares during the last quarter. New York State Teachers Retirement System lifted its position in Comfort Systems USA by 5.4% during the fourth quarter. New York State Teachers Retirement System now owns 27,079 shares of the construction company's stock valued at $11,483,000 after purchasing an additional 1,385 shares during the last quarter. V Square Quantitative Management LLC grew its stake in Comfort Systems USA by 32.5% in the 4th quarter. V Square Quantitative Management LLC now owns 167 shares of the construction company's stock worth $71,000 after buying an additional 41 shares in the last quarter. Asset Management One Co. Ltd. bought a new position in shares of Comfort Systems USA in the 4th quarter worth $8,291,000. Finally, Consolidated Planning Corp raised its position in shares of Comfort Systems USA by 49.0% during the 4th quarter. Consolidated Planning Corp now owns 4,783 shares of the construction company's stock valued at $2,028,000 after buying an additional 1,573 shares in the last quarter. 96.51% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently weighed in on FIX shares. StockNews.com upgraded Comfort Systems USA from a "hold" rating to a "buy" rating in a research report on Saturday. Stifel Nicolaus upped 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. UBS Group lifted 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. Finally, Northcoast Research began coverage on shares of Comfort Systems USA in a research report on Friday, November 22nd. They set a "buy" rating and a $525.00 price target for the company. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of $506.75.

Comfort Systems USA Stock Up 0.2 %

Shares of Comfort Systems USA stock traded up $0.71 during midday trading on Wednesday, hitting $395.30. The company had a trading volume of 429,804 shares, compared to its average volume of 503,306. The company has a 50 day moving average of $448.64 and a 200 day moving average of $414.36. The stock has a market capitalization of $14.07 billion, a P/E ratio of 30.24 and a beta of 1.22. Comfort Systems USA, Inc. has a 52-week low of $239.80 and a 52-week high of $553.09. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.02 and a current ratio of 1.04.

Insider Buying and Selling

In other news, COO T Mckenna Trent sold 4,000 shares of the business'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 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.80% of the stock is owned by company insiders.

Comfort Systems USA Company 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.