Comfort Systems USA, Inc. (NYSE:FIX) Shares Purchased by Schwartz Investment Counsel Inc.

Schwartz Investment Counsel Inc. grew its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 11.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,800 shares of the construction company’s stock after purchasing an additional 400 shares during the quarter. Schwartz Investment Counsel Inc.’s holdings in Comfort Systems USA were worth $1,611,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fortress Financial Solutions LLC acquired a new stake in Comfort Systems USA in the 4th quarter worth about $643,000. Regents Gate Capital LLP acquired a new stake in shares of Comfort Systems USA in the fourth quarter worth approximately $3,050,000. Comprehensive Financial Planning Inc. PA purchased a new stake in Comfort Systems USA in the fourth quarter valued at approximately $196,000. Savant Capital LLC increased its position in Comfort Systems USA by 0.8% during the fourth quarter. Savant Capital LLC now owns 4,101 shares of the construction company’s stock worth $1,739,000 after purchasing an additional 33 shares during the last quarter. Finally, Kestra Private Wealth Services LLC boosted its holdings in shares of Comfort Systems USA by 2.4% in the 4th quarter. Kestra Private Wealth Services LLC now owns 1,826 shares of the construction company’s stock valued at $774,000 after purchasing an additional 43 shares during the last quarter. Hedge funds and other institutional investors own 96.51% of the company’s stock.

Comfort Systems USA Trading Down 6.5 %

FIX opened at $434.64 on Wednesday. The firm’s 50 day moving average is $460.35 and its 200-day moving average is $410.92. Comfort Systems USA, Inc. has a 52-week low of $233.09 and a 52-week high of $553.09. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $15.47 billion, a P/E ratio of 33.25 and a beta of 1.22.

Insiders Place Their Bets

In other news, COO T Mckenna Trent sold 4,000 shares of the firm’s 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 completion of the sale, the chief operating officer now 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.80% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on FIX shares. StockNews.com raised Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Thursday, February 6th. Stifel Nicolaus raised their price target on shares of Comfort Systems USA from $524.00 to $577.00 and gave the company a “buy” rating in a report on Friday, January 24th. UBS Group increased their price objective on shares of Comfort Systems USA from $525.00 to $575.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. Finally, Northcoast Research began coverage on shares of Comfort Systems USA in a report on Friday, November 22nd. They set a “buy” rating and a $525.00 target price on the stock. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Comfort Systems USA currently has an average rating of “Buy” and an average price target 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.