Retirement Guys Formula LLC reduced its holdings in Comfort Systems USA, Inc. (NYSE:FIX – Free Report) by 10.6% during the 4th quarter, HoldingsChannel reports. The firm owned 504 shares of the construction company’s stock after selling 60 shares during the quarter. Retirement Guys Formula LLC’s holdings in Comfort Systems USA were worth $214,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hollencrest Capital Management acquired a new stake in shares of Comfort Systems USA in the third quarter valued at about $28,000. Harbor Investment Advisory LLC grew its position 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 purchasing an additional 55 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Comfort Systems USA in the third quarter valued at about $38,000. V Square Quantitative Management LLC grew its position 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 valued at $49,000 after purchasing an additional 47 shares during the last quarter. Finally, True Wealth Design LLC acquired a new stake in shares of Comfort Systems USA in the third quarter valued at about $53,000. 96.51% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently issued reports on FIX shares. StockNews.com raised Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Thursday, February 6th. Northcoast Research began coverage on Comfort Systems USA in a research report on Friday, November 22nd. They issued a “buy” rating and a $525.00 price target on the stock. Stifel Nicolaus lifted their target price on Comfort Systems USA from $524.00 to $577.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Finally, UBS Group lifted their target price on Comfort Systems USA from $525.00 to $575.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $506.75.
Comfort Systems USA Stock Down 6.5 %
FIX stock opened at $434.64 on Wednesday. Comfort Systems USA, Inc. has a twelve month low of $233.09 and a twelve month high of $553.09. The company has a market cap of $15.47 billion, a PE ratio of 33.25 and a beta of 1.22. The business’s 50-day simple moving average is $460.35 and its 200 day simple moving average is $410.92. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.04.
Insider Buying and Selling
In other Comfort Systems USA news, COO T Mckenna Trent sold 4,000 shares of the firm’s 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 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 document filed with the Securities & Exchange Commission, which is available at this link. 1.80% of the stock is owned by company 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.
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