Avior Wealth Management LLC Has $1.11 Million Stock Position in Comfort Systems USA, Inc. (NYSE:FIX)

Avior Wealth Management LLC reduced its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 2.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,618 shares of the construction company’s stock after selling 62 shares during the period. Avior Wealth Management LLC’s holdings in Comfort Systems USA were worth $1,110,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Hollencrest Capital Management acquired a new stake in shares of Comfort Systems USA in the third quarter valued at approximately $28,000. Harbor Investment Advisory LLC raised its holdings in shares of 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 purchasing an additional 55 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Comfort Systems USA in the third quarter valued at approximately $38,000. V Square Quantitative Management LLC raised its holdings in shares of Comfort Systems USA by 59.5% in the third quarter. V Square Quantitative Management LLC now owns 126 shares of the construction company’s stock valued at $49,000 after purchasing an additional 47 shares during the last quarter. Finally, True Wealth Design LLC acquired a new stake in shares of Comfort Systems USA in the third quarter valued at approximately $53,000. 96.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on FIX shares. StockNews.com downgraded shares of Comfort Systems USA from a “buy” rating to a “hold” rating in a report on Thursday, January 9th. Stifel Nicolaus raised their target price on shares of Comfort Systems USA from $524.00 to $577.00 and gave the company a “buy” rating in a research note on Friday. UBS Group raised their target price on shares of Comfort Systems USA from $525.00 to $575.00 and gave the company a “buy” rating in a research note on Monday, December 9th. Finally, Northcoast Research started coverage on shares of Comfort Systems USA in a research note on Friday, November 22nd. They issued a “buy” rating and a $525.00 target price for the company. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $506.75.

Insiders Place Their Bets

In other news, insider Brian E. Lane sold 15,000 shares of the business’s stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $448.88, for a total value of $6,733,200.00. Following the completion of the sale, the insider now owns 204,205 shares of the company’s stock, valued at approximately $91,663,540.40. The trade was a 6.84 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO T Mckenna Trent sold 4,000 shares of the business’s stock in a transaction dated 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 directly owns 23,990 shares of the company’s stock, valued at approximately $11,630,591.90. The trade was a 14.29 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 36,200 shares of company stock valued at $15,431,250 over the last ninety days. 1.80% of the stock is currently owned by company insiders.

Comfort Systems USA Trading Down 0.6 %

FIX stock opened at $544.23 on Friday. 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 company has a fifty day moving average price of $470.89 and a two-hundred day moving average price of $399.93. Comfort Systems USA, Inc. has a one year low of $201.61 and a one year high of $553.09. The stock has a market cap of $19.37 billion, a price-to-earnings ratio of 41.64 and a beta of 1.23.

Comfort Systems USA (NYSE:FIX) last released its quarterly earnings data on Thursday, October 24th. The construction company reported $4.09 EPS for the quarter, topping analysts’ consensus estimates of $3.97 by $0.12. Comfort Systems USA had a net margin of 7.18% and a return on equity of 32.74%. The firm had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.84 billion. During the same period in the previous year, the business posted $2.74 earnings per share. The company’s revenue for the quarter was up 31.5% compared to the same quarter last year. Equities analysts anticipate that Comfort Systems USA, Inc. will post 13.95 EPS for the current year.

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.