Hunter Associates Investment Management LLC Sells 224 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Hunter Associates Investment Management LLC lessened its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 3.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 6,541 shares of the construction company’s stock after selling 224 shares during the period. Hunter Associates Investment Management LLC’s holdings in Comfort Systems USA were worth $2,771,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. State Street Corp raised its stake in shares of Comfort Systems USA by 0.6% in the third quarter. State Street Corp now owns 1,055,561 shares of the construction company’s stock worth $412,038,000 after acquiring an additional 6,496 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Comfort Systems USA by 6.8% during the 3rd quarter. Geode Capital Management LLC now owns 748,128 shares of the construction company’s stock worth $292,093,000 after buying an additional 47,929 shares in the last quarter. Vaughan Nelson Investment Management L.P. bought a new position in Comfort Systems USA in the 3rd quarter valued at $138,987,000. Royal London Asset Management Ltd. increased its stake in shares of Comfort Systems USA by 20.6% in the 3rd quarter. Royal London Asset Management Ltd. now owns 255,501 shares of the construction company’s stock valued at $99,735,000 after buying an additional 43,691 shares during the period. Finally, Jennison Associates LLC raised its position in shares of Comfort Systems USA by 6,071.6% during the third quarter. Jennison Associates LLC now owns 176,570 shares of the construction company’s stock worth $68,924,000 after acquiring an additional 173,709 shares during the last quarter. 96.51% of the stock is currently owned by institutional investors and hedge funds.

Comfort Systems USA Stock Performance

Shares of FIX stock opened at $434.10 on Friday. The stock has a market cap of $15.45 billion, a PE ratio of 33.21 and a beta of 1.23. The stock has a 50-day moving average of $467.77 and a 200-day moving average of $402.69. 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 one year low of $216.28 and a one year high of $553.09.

Insider Activity at Comfort Systems USA

In other news, insider Brian E. Lane sold 15,000 shares of the firm’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $448.88, for a total transaction of $6,733,200.00. Following the sale, the insider now owns 204,205 shares of the company’s stock, valued at $91,663,540.40. This trade represents a 6.84 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 value of $1,939,240.00. Following the completion of the transaction, the chief operating officer now owns 23,990 shares of the company’s stock, valued at $11,630,591.90. This represents a 14.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 21,500 shares of company stock worth $9,696,090. 1.80% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts recently commented on FIX shares. Northcoast Research started coverage on Comfort Systems USA in a research report on Friday, November 22nd. They issued a “buy” rating and a $525.00 price objective for the company. Stifel Nicolaus lifted their price target 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. UBS Group increased their price objective on shares of Comfort Systems USA from $525.00 to $575.00 and gave the company a “buy” rating in a report on Monday, December 9th. Finally, StockNews.com lowered shares of Comfort Systems USA from a “buy” rating to a “hold” rating in a report on Thursday, January 9th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, Comfort Systems USA has an average rating of “Moderate Buy” and an average target price of $506.75.

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.