Journey Strategic Wealth LLC Sells 33 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Journey Strategic Wealth LLC reduced its stake in Comfort Systems USA, Inc. (NYSE:FIX) by 5.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 538 shares of the construction company’s stock after selling 33 shares during the period. Journey Strategic Wealth LLC’s holdings in Comfort Systems USA were worth $228,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Hollencrest Capital Management bought a new position in shares of Comfort Systems USA during the third quarter valued at approximately $28,000. Harbor Investment Advisory LLC increased its stake in shares of Comfort Systems USA by 183.3% during 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 in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Comfort Systems USA during the third quarter valued at approximately $38,000. V Square Quantitative Management LLC increased its stake 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 valued at $49,000 after purchasing an additional 47 shares in the last quarter. Finally, True Wealth Design LLC bought a new position in shares of Comfort Systems USA during the third quarter valued at approximately $53,000. 96.51% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on FIX. Northcoast Research began coverage on shares of Comfort Systems USA in a research note on Friday, November 22nd. They set a “buy” rating and a $525.00 target price for the company. Stifel Nicolaus increased 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. StockNews.com cut shares of Comfort Systems USA from a “buy” rating to a “hold” rating in a report on Thursday, January 9th. Finally, UBS Group increased 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 research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $506.75.

Insider Buying and Selling

In related 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 value of $1,939,240.00. Following the sale, the chief operating officer now owns 23,990 shares in the company, valued at approximately $11,630,591.90. This trade represents a 14.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Brian E. Lane sold 15,000 shares of the firm’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 owns 204,205 shares in the company, valued at $91,663,540.40. This represents a 6.84 % decrease in their position. The disclosure for this sale can be found here. 1.80% of the stock is currently owned by corporate insiders.

Comfort Systems USA Trading Down 2.2 %

Shares of FIX stock opened at $427.22 on Tuesday. Comfort Systems USA, Inc. has a 12-month low of $220.99 and a 12-month high of $553.09. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.04. The firm’s 50 day moving average is $465.58 and its 200 day moving average is $404.94. The stock has a market capitalization of $15.20 billion, a P/E ratio of 32.69 and a beta of 1.22.

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.