Vest Financial LLC Purchases 1,670 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Vest Financial LLC boosted its holdings in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 42.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,583 shares of the construction company's stock after buying an additional 1,670 shares during the quarter. Vest Financial LLC's holdings in Comfort Systems USA were worth $2,368,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Hollencrest Capital Management acquired a new position in shares of Comfort Systems USA during the third quarter worth $28,000. Harbor Investment Advisory LLC increased its stake in shares of Comfort Systems USA by 183.3% in the fourth 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 during the period. 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 lifted its stake in shares of 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 during the period. Finally, True Wealth Design LLC acquired a new position in shares of Comfort Systems USA in the third quarter worth approximately $53,000. 96.51% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

FIX has been the subject of several analyst reports. Stifel Nicolaus raised their price target on shares of Comfort Systems USA from $524.00 to $577.00 and gave the stock a "buy" rating in a report 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 note on Monday, December 9th. StockNews.com upgraded shares of Comfort Systems USA from a "hold" rating to a "buy" rating in a report on Thursday, February 6th. Finally, Northcoast Research started coverage on Comfort Systems USA in a report on Friday, November 22nd. They set a "buy" rating and a $525.00 price target for the company. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $506.75.

Comfort Systems USA Stock Down 8.3 %

Shares of Comfort Systems USA stock traded down $36.18 during trading on Wednesday, reaching $398.45. 1,079,745 shares of the company traded hands, compared to its average volume of 488,255. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02. The firm has a market capitalization of $14.18 billion, a PE ratio of 30.49 and a beta of 1.22. The company has a 50 day moving average price of $459.13 and a 200-day moving average price of $411.80. Comfort Systems USA, Inc. has a 1-year low of $233.09 and a 1-year high of $553.09.

Insider Activity

In other news, COO T Mckenna Trent sold 4,000 shares of Comfort Systems USA stock in a transaction dated 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 in the company, 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.80% of the stock is currently owned by company insiders.

Comfort Systems USA 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.