Comfort Systems USA, Inc. (NYSE:FIX) Stock Holdings Increased by Retirement Systems of Alabama

Retirement Systems of Alabama increased its holdings in Comfort Systems USA, Inc. (NYSE:FIX) by 45.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 77,949 shares of the construction company’s stock after purchasing an additional 24,302 shares during the quarter. Retirement Systems of Alabama owned 0.22% of Comfort Systems USA worth $33,055,000 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. Diversified Trust Co bought a new stake in shares of Comfort Systems USA in the 4th quarter worth approximately $2,998,000. Zacks Investment Management raised its holdings in shares of Comfort Systems USA by 26.2% during the third quarter. Zacks Investment Management now owns 8,650 shares of the construction company’s stock valued at $3,376,000 after acquiring an additional 1,795 shares during the period. Entropy Technologies LP acquired a new stake in shares of Comfort Systems USA during the third quarter valued at approximately $1,484,000. WCM Investment Management LLC raised its holdings in shares of Comfort Systems USA by 16.5% during the third quarter. WCM Investment Management LLC now owns 99,553 shares of the construction company’s stock valued at $38,833,000 after acquiring an additional 14,090 shares during the period. Finally, Quest Partners LLC acquired a new stake in shares of Comfort Systems USA during the third quarter valued at approximately $940,000. 96.51% of the stock is currently owned by institutional investors.

Comfort Systems USA Stock Up 4.6 %

Comfort Systems USA stock opened at $444.65 on Thursday. The firm has a market cap of $15.83 billion, a PE ratio of 34.02 and a beta of 1.22. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.02 and a current ratio of 1.04. The firm’s 50 day moving average price is $462.65 and its two-hundred day moving average price is $406.68. Comfort Systems USA, Inc. has a twelve month low of $222.87 and a twelve month high of $553.09.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on FIX shares. StockNews.com lowered shares of Comfort Systems USA from a “buy” rating to a “hold” rating in a report on Thursday, January 9th. Northcoast Research started coverage on shares of Comfort Systems USA in a report on Friday, November 22nd. They set a “buy” rating and a $525.00 price target on the stock. Stifel Nicolaus boosted 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. Finally, UBS Group boosted their price target on shares of Comfort Systems USA from $525.00 to $575.00 and gave the company a “buy” rating in a report on Monday, December 9th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $506.75.

Insider Buying and Selling 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 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 completion of the sale, the chief operating officer now directly owns 23,990 shares of the company’s stock, valued at $11,630,591.90. The trade was a 14.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Brian E. Lane sold 15,000 shares of the business’s stock in a transaction that occurred 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. This represents a 6.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.80% of the company’s stock.

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.