Comfort Systems USA, Inc. (NYSE:FIX) Shares Sold by Shaker Investments LLC OH

Shaker Investments LLC OH reduced its position in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 0.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,477 shares of the construction company’s stock after selling 30 shares during the period. Shaker Investments LLC OH’s holdings in Comfort Systems USA were worth $2,323,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. State Street Corp boosted its holdings in shares of Comfort Systems USA by 0.6% in the 3rd quarter. State Street Corp now owns 1,055,561 shares of the construction company’s stock valued at $412,038,000 after buying an additional 6,496 shares during the period. Geode Capital Management LLC boosted its stake in Comfort Systems USA by 6.8% in the third quarter. Geode Capital Management LLC now owns 748,128 shares of the construction company’s stock valued at $292,093,000 after acquiring an additional 47,929 shares during the period. Vaughan Nelson Investment Management L.P. boosted its stake in Comfort Systems USA by 2.2% in the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 363,947 shares of the construction company’s stock valued at $154,335,000 after acquiring an additional 7,890 shares during the period. Royal London Asset Management Ltd. raised its position in shares of Comfort Systems USA by 20.6% during the 3rd quarter. Royal London Asset Management Ltd. now owns 255,501 shares of the construction company’s stock worth $99,735,000 after purchasing an additional 43,691 shares during the period. Finally, Jennison Associates LLC raised its position in shares of Comfort Systems USA by 6,071.6% during the 3rd quarter. Jennison Associates LLC now owns 176,570 shares of the construction company’s stock worth $68,924,000 after purchasing an additional 173,709 shares during the period. Institutional investors own 96.51% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on FIX shares. Northcoast Research began coverage on Comfort Systems USA in a research note on Friday, November 22nd. They set a “buy” rating and a $525.00 price objective for the company. UBS Group upped their price target 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. StockNews.com upgraded shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Thursday, February 6th. Finally, Stifel Nicolaus upped their target price on shares of Comfort Systems USA from $524.00 to $577.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $506.75.

Comfort Systems USA Stock Performance

Shares of NYSE FIX opened at $465.96 on Tuesday. 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 has a market cap of $16.58 billion, a P/E ratio of 35.65 and a beta of 1.22. The stock has a fifty day moving average price of $460.83 and a two-hundred day moving average price of $409.70. Comfort Systems USA, Inc. has a 1 year low of $233.09 and a 1 year high of $553.09.

Insider Buying and Selling

In related news, insider Brian E. Lane sold 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 13th. The shares were 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 in the company, valued at approximately $91,663,540.40. This trade represents a 6.84 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO T Mckenna Trent sold 4,000 shares of the company’s stock in a transaction 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 transaction, the chief operating officer now directly owns 23,990 shares in the company, 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 owned by corporate insiders.

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.