Alliance Wealth Advisors LLC UT Sells 906 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Alliance Wealth Advisors LLC UT lowered its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 20.6% in the 4th quarter, HoldingsChannel reports. The firm owned 3,490 shares of the construction company’s stock after selling 906 shares during the period. Alliance Wealth Advisors LLC UT’s holdings in Comfort Systems USA were worth $1,480,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Vaughan Nelson Investment Management L.P. acquired a new stake in shares of Comfort Systems USA during the 3rd quarter worth approximately $138,987,000. Jennison Associates LLC boosted its stake in Comfort Systems USA by 6,071.6% during the third quarter. Jennison Associates LLC now owns 176,570 shares of the construction company’s stock worth $68,924,000 after acquiring an additional 173,709 shares in the last quarter. Natixis Advisors LLC grew its holdings in Comfort Systems USA by 871.4% in the third quarter. Natixis Advisors LLC now owns 132,693 shares of the construction company’s stock worth $51,797,000 after purchasing an additional 119,033 shares during the period. EULAV Asset Management increased its stake in Comfort Systems USA by 80.0% in the third quarter. EULAV Asset Management now owns 145,103 shares of the construction company’s stock valued at $56,641,000 after purchasing an additional 64,500 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Comfort Systems USA by 6.8% during the third quarter. Geode Capital Management LLC now owns 748,128 shares of the construction company’s stock valued at $292,093,000 after purchasing an additional 47,929 shares during the period. 96.51% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently commented on FIX shares. Northcoast Research began coverage on 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. UBS Group boosted their price objective on Comfort Systems USA from $525.00 to $575.00 and gave the company a “buy” rating in a report on Monday, December 9th. Stifel Nicolaus increased their target price on Comfort Systems USA from $524.00 to $577.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Finally, StockNews.com downgraded shares of Comfort Systems USA from a “buy” rating to a “hold” rating in a research report on Thursday, January 9th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $506.75.

Comfort Systems USA Stock Down 2.2 %

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

Insider Buying and Selling at Comfort Systems USA

In related news, 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 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Brian E. Lane sold 15,000 shares of the stock in a transaction dated 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 owns 204,205 shares of the company’s stock, valued at approximately $91,663,540.40. This trade represents a 6.84 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.80% of the company’s stock.

About Comfort Systems USA

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.