Comfort Systems USA (NYSE:FIX) Rating Increased to Buy at StockNews.com

StockNews.com upgraded shares of Comfort Systems USA (NYSE:FIX) from a hold rating to a buy rating in a research note released on Saturday.

Several other research firms have also recently issued reports on FIX. Stifel Nicolaus increased 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. Northcoast Research assumed coverage on shares of Comfort Systems USA in a report on Friday, November 22nd. They set a “buy” rating and a $525.00 price target for the company. Finally, UBS Group increased their price target on shares of Comfort Systems USA from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Monday, December 9th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Comfort Systems USA has a consensus rating of “Buy” and a consensus price target of $506.75.

Comfort Systems USA Trading Down 0.9 %

NYSE FIX opened at $391.40 on Friday. The stock has a market capitalization of $13.93 billion, a P/E ratio of 29.95 and a beta of 1.22. Comfort Systems USA has a 52-week low of $239.80 and a 52-week high of $553.09. The firm has a 50-day moving average price of $452.91 and a 200 day moving average price of $412.86. 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 at Comfort Systems USA

In other Comfort Systems USA news, COO T Mckenna Trent sold 4,000 shares of the stock in a transaction dated 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 directly owns 23,990 shares of the company’s stock, valued at approximately $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 SEC, which is accessible through the SEC website. 1.80% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Comfort Systems USA by 28.6% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 126 shares of the construction company’s stock worth $53,000 after purchasing an additional 28 shares in the last quarter. Dakota Wealth Management increased its stake in shares of Comfort Systems USA by 3.8% during the 4th quarter. Dakota Wealth Management now owns 788 shares of the construction company’s stock worth $334,000 after purchasing an additional 29 shares in the last quarter. Covestor Ltd increased its stake in shares of Comfort Systems USA by 7.1% during the 3rd quarter. Covestor Ltd now owns 465 shares of the construction company’s stock worth $182,000 after purchasing an additional 31 shares in the last quarter. Private Trust Co. NA increased its stake in shares of Comfort Systems USA by 41.3% during the 4th quarter. Private Trust Co. NA now owns 106 shares of the construction company’s stock worth $45,000 after purchasing an additional 31 shares in the last quarter. Finally, Signaturefd LLC increased its stake in shares of Comfort Systems USA by 9.3% during the 3rd quarter. Signaturefd LLC now owns 377 shares of the construction company’s stock worth $147,000 after purchasing an additional 32 shares in the last quarter. 96.51% of the stock is owned by hedge funds and other institutional investors.

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.