Trust Point Inc. Has $775,000 Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

Trust Point Inc. increased its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 1.8% during the fourth quarter, HoldingsChannel reports. The fund owned 1,827 shares of the construction company’s stock after buying an additional 32 shares during the period. Trust Point Inc.’s holdings in Comfort Systems USA were worth $775,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. increased its holdings in Comfort Systems USA by 28.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 126 shares of the construction company’s stock worth $53,000 after buying an additional 28 shares during the last quarter. Dakota Wealth Management grew its position in shares of Comfort Systems USA by 3.8% in the 4th quarter. Dakota Wealth Management now owns 788 shares of the construction company’s stock valued at $334,000 after acquiring an additional 29 shares during the period. Covestor Ltd increased its stake in shares of Comfort Systems USA by 7.1% during the 3rd quarter. Covestor Ltd now owns 465 shares of the construction company’s stock worth $182,000 after purchasing an additional 31 shares during the last quarter. Signaturefd LLC raised its holdings in shares of Comfort Systems USA by 9.3% in the 3rd quarter. Signaturefd LLC now owns 377 shares of the construction company’s stock valued at $147,000 after purchasing an additional 32 shares during the period. Finally, OneDigital Investment Advisors LLC lifted its stake in Comfort Systems USA by 1.8% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 1,912 shares of the construction company’s stock valued at $746,000 after purchasing an additional 34 shares during the last quarter. 96.51% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Stifel Nicolaus boosted their price target 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. UBS Group increased their price target on Comfort Systems USA from $525.00 to $575.00 and gave the company a “buy” rating in a research note on Monday, December 9th. StockNews.com cut shares of Comfort Systems USA from a “buy” rating to a “hold” rating in a research report on Thursday, January 9th. Finally, Northcoast Research started coverage on shares of Comfort Systems USA in a research report on Friday, November 22nd. They issued a “buy” rating and a $525.00 price objective on the stock. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $506.75.

Comfort Systems USA Stock Performance

NYSE:FIX opened at $425.84 on Wednesday. The stock has a 50 day simple moving average of $464.22 and a 200 day simple moving average of $405.82. The stock has a market cap of $15.16 billion, a P/E ratio of 32.58 and a beta of 1.22. Comfort Systems USA, Inc. has a 1-year low of $220.99 and a 1-year 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.

Insider Transactions at Comfort Systems USA

In related news, COO T Mckenna Trent sold 4,000 shares of the firm’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 of the company’s stock, valued at approximately $11,630,591.90. This trade represents a 14.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 transaction of $6,733,200.00. Following the completion of the sale, the insider now directly owns 204,205 shares of the company’s stock, valued at $91,663,540.40. This represents a 6.84 % decrease in their position. The disclosure for this sale can be found here. 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.