Comfort Systems USA, Inc. (NYSE:FIX) Shares Sold by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated cut its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 9.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,016 shares of the construction company’s stock after selling 218 shares during the period. Silver Oak Securities Incorporated’s holdings in Comfort Systems USA were worth $865,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of FIX. Hollencrest Capital Management acquired a new stake in Comfort Systems USA during the 3rd quarter valued at approximately $28,000. Harbor Investment Advisory LLC boosted its stake in shares of Comfort Systems USA by 183.3% during the 4th quarter. Harbor Investment Advisory LLC now owns 85 shares of the construction company’s stock valued at $36,000 after buying an additional 55 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Comfort Systems USA during the 3rd quarter valued at approximately $38,000. V Square Quantitative Management LLC grew its position in shares of Comfort Systems USA by 59.5% during the third quarter. V Square Quantitative Management LLC now owns 126 shares of the construction company’s stock worth $49,000 after buying an additional 47 shares in the last quarter. Finally, True Wealth Design LLC bought a new stake in shares of Comfort Systems USA in the third quarter worth $53,000. 96.51% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have weighed in on FIX shares. StockNews.com raised shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a report on Thursday. UBS Group lifted their price target on Comfort Systems USA from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Monday, December 9th. Northcoast Research started coverage on Comfort Systems USA in a research note on Friday, November 22nd. They set a “buy” rating and a $525.00 price objective on the stock. Finally, Stifel Nicolaus lifted their target price on 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 analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $506.75.

Insider Transactions at Comfort Systems USA

In other Comfort Systems USA news, COO T Mckenna Trent sold 4,000 shares of Comfort Systems USA 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 transaction, the chief operating officer now directly owns 23,990 shares in the company, valued at approximately $11,630,591.90. The trade was a 14.29 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Brian E. Lane sold 15,000 shares of the stock in a transaction on 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 $91,663,540.40. The trade was a 6.84 % decrease in their position. The disclosure for this sale can be found here. 1.80% of the stock is owned by insiders.

Comfort Systems USA Price Performance

NYSE FIX opened at $469.73 on Friday. Comfort Systems USA, Inc. has a 1 year low of $224.94 and a 1 year high of $553.09. The business’s fifty day moving average is $461.81 and its two-hundred day moving average is $406.95. The stock has a market capitalization of $16.72 billion, a P/E ratio of 35.94 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.

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.