Comfort Systems USA, Inc. (NYSE:FIX) Shares Bought by Kestra Investment Management LLC

Kestra Investment Management LLC lifted its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 28.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,480 shares of the construction company’s stock after buying an additional 763 shares during the period. Kestra Investment Management LLC’s holdings in Comfort Systems USA were worth $1,476,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in FIX. Consolidated Planning Corp lifted its position in Comfort Systems USA by 49.0% during the 4th quarter. Consolidated Planning Corp now owns 4,783 shares of the construction company’s stock worth $2,028,000 after acquiring an additional 1,573 shares during the period. Diversified Trust Co acquired a new stake in shares of Comfort Systems USA during the fourth quarter worth $2,998,000. Zacks Investment Management grew its position in Comfort Systems USA by 26.2% in the 3rd quarter. Zacks Investment Management now owns 8,650 shares of the construction company’s stock valued at $3,376,000 after buying an additional 1,795 shares during the last quarter. Entropy Technologies LP acquired a new position in Comfort Systems USA in the 3rd quarter valued at $1,484,000. Finally, WCM Investment Management LLC raised its position in Comfort Systems USA by 16.5% during the 3rd quarter. WCM Investment Management LLC now owns 99,553 shares of the construction company’s stock worth $38,833,000 after buying an additional 14,090 shares during the last quarter. Hedge funds and other institutional investors own 96.51% of the company’s stock.

Insider Activity

In other news, COO T Mckenna Trent sold 4,000 shares of the 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 sale, the chief operating officer now directly owns 23,990 shares in the company, valued at $11,630,591.90. This represents a 14.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.80% of the company’s stock.

Comfort Systems USA Stock Performance

NYSE FIX opened at $391.40 on Tuesday. The business has a 50 day moving average price of $452.91 and a 200 day moving average price of $413.43. The company has a market capitalization of $13.93 billion, a P/E ratio of 29.95 and a beta of 1.22. Comfort Systems USA, Inc. has a 1-year low of $239.80 and a 1-year high of $553.09. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02.

Analyst Ratings Changes

A number of brokerages have recently issued reports on FIX. Stifel Nicolaus boosted 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 note on Friday, January 24th. Northcoast Research began coverage on Comfort Systems USA in a report on Friday, November 22nd. They issued a “buy” rating and a $525.00 price target for the company. UBS Group upped their price objective on Comfort Systems USA from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Monday, December 9th. Finally, StockNews.com upgraded shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Saturday. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $506.75.

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.