Pacer Advisors Inc. Has $4.27 Million Stock Position in Comfort Systems USA, Inc. (NYSE:FIX)

Pacer Advisors Inc. raised its holdings in Comfort Systems USA, Inc. (NYSE:FIX) by 22.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,063 shares of the construction company’s stock after buying an additional 1,820 shares during the quarter. Pacer Advisors Inc.’s holdings in Comfort Systems USA were worth $4,267,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of FIX. Hollencrest Capital Management acquired a new stake in Comfort Systems USA in the third quarter worth $28,000. Harbor Investment Advisory LLC grew its stake in shares of 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 during the period. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Comfort Systems USA in the 3rd quarter valued at about $38,000. V Square Quantitative Management LLC raised its stake in Comfort Systems USA by 59.5% during the 3rd quarter. V Square Quantitative Management LLC now owns 126 shares of the construction company’s stock worth $49,000 after buying an additional 47 shares during the period. Finally, True Wealth Design LLC bought a new position in Comfort Systems USA in the third quarter worth approximately $53,000. 96.51% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

FIX has been the subject of several recent research reports. StockNews.com downgraded Comfort Systems USA from a “buy” rating to a “hold” rating in a report on Thursday, January 9th. UBS Group raised their price objective on shares of Comfort Systems USA from $525.00 to $575.00 and gave the company a “buy” rating in a research note on Monday, December 9th. Stifel Nicolaus boosted their target price on shares of 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, Northcoast Research assumed coverage on shares of 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. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $506.75.

Comfort Systems USA Stock Performance

NYSE FIX opened at $434.10 on Friday. The company has a fifty day moving average price of $467.77 and a 200-day moving average price of $402.69. The firm has a market cap of $15.45 billion, a price-to-earnings ratio of 33.21 and a beta of 1.23. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02. Comfort Systems USA, Inc. has a 1 year low of $216.28 and a 1 year high of $553.09.

Insiders Place Their Bets

In other Comfort Systems USA news, COO T Mckenna Trent sold 4,000 shares of the company’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $484.81, for a total value 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 represents a 14.29 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Pablo G. Mercado sold 2,500 shares of the firm’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $409.46, for a total value of $1,023,650.00. Following the sale, the director now directly owns 9,036 shares of the company’s stock, valued at approximately $3,699,880.56. This represents a 21.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 21,500 shares of company stock valued at $9,696,090. Corporate insiders own 1.80% of the company’s stock.

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.