Sheaff Brock Investment Advisors LLC Invests $1.97 Million in Comfort Systems USA, Inc. (NYSE:FIX)

Sheaff Brock Investment Advisors LLC acquired a new stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 4,647 shares of the construction company’s stock, valued at approximately $1,971,000.

Other institutional investors have also bought and sold shares of the company. State Street Corp increased its stake in Comfort Systems USA by 0.6% during the 3rd quarter. State Street Corp now owns 1,055,561 shares of the construction company’s stock valued at $412,038,000 after buying an additional 6,496 shares during the period. Geode Capital Management LLC increased its stake in shares of Comfort Systems USA by 6.8% during the third quarter. Geode Capital Management LLC now owns 748,128 shares of the construction company’s stock valued at $292,093,000 after acquiring an additional 47,929 shares during the period. Vaughan Nelson Investment Management L.P. raised its holdings in Comfort Systems USA by 2.2% during the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 363,947 shares of the construction company’s stock worth $154,335,000 after purchasing an additional 7,890 shares in the last quarter. Royal London Asset Management Ltd. raised its holdings in Comfort Systems USA by 20.6% during the third quarter. Royal London Asset Management Ltd. now owns 255,501 shares of the construction company’s stock worth $99,735,000 after purchasing an additional 43,691 shares in the last quarter. Finally, Jennison Associates LLC lifted its position in Comfort Systems USA by 6,071.6% in the third quarter. Jennison Associates LLC now owns 176,570 shares of the construction company’s stock worth $68,924,000 after purchasing an additional 173,709 shares during the period. Institutional investors and hedge funds own 96.51% of the company’s stock.

Analyst Ratings Changes

FIX has been the topic of several research analyst reports. StockNews.com upgraded Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Saturday. 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 report on Friday, January 24th. 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. Finally, 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 report on Monday, December 9th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $506.75.

Comfort Systems USA Stock Performance

FIX opened at $391.40 on Friday. The business has a fifty day simple moving average of $452.91 and a 200-day simple moving average of $412.86. The firm has a market cap of $13.93 billion, a PE ratio of 29.95 and a beta of 1.22. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.04. Comfort Systems USA, Inc. has a fifty-two week low of $239.80 and a fifty-two week high of $553.09.

Insider Activity at Comfort Systems USA

In other Comfort Systems USA news, COO T Mckenna Trent sold 4,000 shares of the business’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $484.81, for a total transaction of $1,939,240.00. Following the sale, the chief operating officer now owns 23,990 shares in the company, valued at approximately $11,630,591.90. The trade was a 14.29 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.80% of the stock is currently owned by corporate insiders.

Comfort Systems USA Profile

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.