Comfort Systems USA, Inc. $FIX Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC boosted its holdings in Comfort Systems USA, Inc. (NYSE:FIX) by 19.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,277 shares of the construction company’s stock after purchasing an additional 2,461 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Comfort Systems USA were worth $12,474,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of FIX. NewEdge Advisors LLC raised its position in shares of Comfort Systems USA by 41.1% in the 1st quarter. NewEdge Advisors LLC now owns 3,412 shares of the construction company’s stock valued at $1,100,000 after purchasing an additional 993 shares in the last quarter. Focus Partners Wealth increased its stake in shares of Comfort Systems USA by 110.6% in the first quarter. Focus Partners Wealth now owns 2,300 shares of the construction company’s stock worth $741,000 after buying an additional 1,208 shares during the last quarter. Sivia Capital Partners LLC raised its holdings in Comfort Systems USA by 40.9% in the second quarter. Sivia Capital Partners LLC now owns 1,079 shares of the construction company’s stock valued at $579,000 after acquiring an additional 313 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in Comfort Systems USA by 10.6% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,219 shares of the construction company’s stock valued at $654,000 after acquiring an additional 117 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in Comfort Systems USA by 27.8% during the 2nd quarter. GAMMA Investing LLC now owns 1,008 shares of the construction company’s stock worth $540,000 after acquiring an additional 219 shares in the last quarter. Institutional investors and hedge funds own 96.51% of the company’s stock.

Comfort Systems USA Price Performance

Shares of NYSE:FIX opened at $1,130.87 on Friday. The company has a market cap of $39.89 billion, a PE ratio of 47.88 and a beta of 1.66. Comfort Systems USA, Inc. has a fifty-two week low of $276.44 and a fifty-two week high of $1,177.87. The firm has a 50-day simple moving average of $986.26 and a 200 day simple moving average of $836.19. The company has a quick ratio of 1.20, a current ratio of 1.22 and a debt-to-equity ratio of 0.06.

Comfort Systems USA (NYSE:FIX) last issued its earnings results on Thursday, October 23rd. The construction company reported $8.25 EPS for the quarter, beating analysts’ consensus estimates of $6.29 by $1.96. The company had revenue of $2.45 billion during the quarter, compared to the consensus estimate of $2.15 billion. Comfort Systems USA had a return on equity of 43.59% and a net margin of 10.06%.Comfort Systems USA’s quarterly revenue was up 35.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.09 earnings per share. On average, sell-side analysts anticipate that Comfort Systems USA, Inc. will post 16.85 EPS for the current year.

Insiders Place Their Bets

In related news, Director Darcy Anderson sold 4,000 shares of the business’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $958.72, for a total transaction of $3,834,880.00. Following the completion of the transaction, the director owned 22,535 shares in the company, valued at $21,604,755.20. The trade was a 15.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Laura Finley Howell sold 1,000 shares of the company’s stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $996.16, for a total value of $996,160.00. Following the transaction, the senior vice president owned 7,938 shares of the company’s stock, valued at approximately $7,907,518.08. The trade was a 11.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 26,028 shares of company stock worth $25,381,151. 1.59% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on FIX shares. Wall Street Zen lowered shares of Comfort Systems USA from a “strong-buy” rating to a “buy” rating in a research note on Saturday, January 3rd. Zacks Research lowered Comfort Systems USA from a “strong-buy” rating to a “hold” rating in a report on Friday, December 26th. Weiss Ratings restated a “buy (b)” rating on shares of Comfort Systems USA in a research note on Wednesday. DA Davidson reaffirmed a “buy” rating and set a $1,200.00 target price on shares of Comfort Systems USA in a report on Friday, December 19th. Finally, Stifel Nicolaus boosted their price target on Comfort Systems USA from $1,069.00 to $1,155.00 and gave the company a “buy” rating in a report on Tuesday, December 16th. Six research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,011.75.

Comfort Systems USA Profile

Comfort Systems USA, Inc is a U.S.-based mechanical contracting company that provides a range of heating, ventilation and air conditioning (HVAC) services to commercial, industrial and institutional customers. The company focuses on the design, installation, maintenance and repair of HVAC systems, and it supports projects from initial engineering and system selection through long-term service agreements and upgrades.

Its service offerings include new construction and retrofit installations, preventive and corrective maintenance, emergency repair, energy management and building automation systems.