Consolidated Portfolio Review Corp Purchases Shares of 4,986 Comfort Systems USA, Inc. (NYSE:FIX)

Consolidated Portfolio Review Corp acquired a new stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,986 shares of the construction company’s stock, valued at approximately $2,114,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Diversified Trust Co acquired a new position in Comfort Systems USA in the fourth quarter valued at about $2,998,000. Zacks Investment Management boosted its holdings in shares of Comfort Systems USA by 26.2% in the 3rd quarter. Zacks Investment Management now owns 8,650 shares of the construction company’s stock worth $3,376,000 after acquiring an additional 1,795 shares in the last quarter. Entropy Technologies LP acquired a new position in shares of Comfort Systems USA in the 3rd quarter worth approximately $1,484,000. WCM Investment Management LLC grew 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 acquiring an additional 14,090 shares during the last quarter. Finally, Quest Partners LLC acquired a new stake in Comfort Systems USA during the 3rd quarter valued at $940,000. Institutional investors and hedge funds own 96.51% of the company’s stock.

Comfort Systems USA Stock Performance

Shares of NYSE:FIX opened at $469.73 on Friday. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.04. Comfort Systems USA, Inc. has a 1-year low of $224.94 and a 1-year high of $553.09. The stock has a market capitalization of $16.72 billion, a P/E ratio of 35.94 and a beta of 1.22. The business has a 50-day moving average price of $461.81 and a two-hundred day moving average price of $406.95.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on FIX. UBS Group increased 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. Stifel Nicolaus raised their price objective on shares of Comfort Systems USA from $524.00 to $577.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Northcoast Research initiated coverage on shares of Comfort Systems USA in a research report on Friday, November 22nd. They set a “buy” rating and a $525.00 target price on the stock. Finally, StockNews.com raised shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a report on Thursday. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $506.75.

Insider Buying and Selling

In related news, insider Brian E. Lane sold 15,000 shares of Comfort Systems USA stock in a transaction on 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 completion of the sale, the insider now directly owns 204,205 shares of the company’s stock, valued at $91,663,540.40. The trade was a 6.84 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO T Mckenna Trent sold 4,000 shares of the company’s 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 sale, 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 position. The disclosure for this sale can be found here. 1.80% of the stock is currently owned by insiders.

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.