Vest Financial LLC Buys 1,670 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Vest Financial LLC lifted its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 42.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,583 shares of the construction company’s stock after purchasing an additional 1,670 shares during the period. Vest Financial LLC’s holdings in Comfort Systems USA were worth $2,368,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Hollencrest Capital Management acquired a new stake in shares of Comfort Systems USA in the 3rd quarter valued at $28,000. Harbor Investment Advisory LLC boosted its holdings in Comfort Systems USA by 183.3% in the fourth quarter. Harbor Investment Advisory LLC now owns 85 shares of the construction company’s stock valued at $36,000 after acquiring an additional 55 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Comfort Systems USA in the third quarter worth about $38,000. V Square Quantitative Management LLC raised its holdings 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 purchasing an additional 47 shares during the last quarter. Finally, True Wealth Design LLC acquired a new position in Comfort Systems USA during the 3rd quarter valued at about $53,000. 96.51% of the stock is owned by institutional investors.

Comfort Systems USA Trading Down 1.9 %

NYSE FIX opened at $460.79 on Friday. Comfort Systems USA, Inc. has a one year low of $232.21 and a one 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. The firm has a market cap of $16.40 billion, a P/E ratio of 35.26 and a beta of 1.22. The stock’s 50-day moving average is $460.83 and its 200-day moving average is $408.37.

Insiders Place Their Bets

In other Comfort Systems USA 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 transaction of $1,939,240.00. Following 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 SEC, which is available at this hyperlink. Also, insider Brian E. Lane sold 15,000 shares of the firm’s stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $448.88, for a total value of $6,733,200.00. Following the completion of the transaction, the insider now owns 204,205 shares in the company, valued at $91,663,540.40. The trade was a 6.84 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.80% of the company’s stock.

Analyst Upgrades and Downgrades

FIX has been the subject of a number of recent research reports. Northcoast Research assumed coverage on shares of Comfort Systems USA in a research note on Friday, November 22nd. They set a “buy” rating and a $525.00 price target for the company. Stifel Nicolaus raised their price target on 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 raised their target price 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 report on Thursday. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $506.75.

Comfort Systems USA Company 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.