1,044 Shares in Comfort Systems USA, Inc. (NYSE:FIX) Bought by Ibex Wealth Advisors

Ibex Wealth Advisors purchased a new stake in Comfort Systems USA, Inc. (NYSE:FIX) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 1,044 shares of the construction company’s stock, valued at approximately $443,000.

A number of other large investors have also recently added to or reduced their stakes in the company. Diversified Trust Co bought a new stake in shares of Comfort Systems USA in the 4th quarter valued at about $2,998,000. Zacks Investment Management increased its position in Comfort Systems USA by 26.2% during the third quarter. Zacks Investment Management now owns 8,650 shares of the construction company’s stock worth $3,376,000 after buying an additional 1,795 shares during the last quarter. Entropy Technologies LP bought a new stake in Comfort Systems USA in the third quarter valued at approximately $1,484,000. WCM Investment Management LLC lifted its position in shares of Comfort Systems USA by 16.5% in the third quarter. WCM Investment Management LLC now owns 99,553 shares of the construction company’s stock valued at $38,833,000 after buying an additional 14,090 shares during the last quarter. Finally, Quest Partners LLC bought a new position in shares of Comfort Systems USA during the 3rd quarter worth approximately $940,000. Institutional investors and hedge funds own 96.51% of the company’s stock.

Insider Buying and Selling at Comfort Systems USA

In related news, COO T Mckenna Trent sold 4,000 shares of the company’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 transaction 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold 21,500 shares of company stock valued at $9,696,090 in the last quarter. Company insiders own 1.80% of the company’s stock.

Comfort Systems USA Trading Up 2.4 %

Shares of Comfort Systems USA stock opened at $426.01 on Thursday. 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 50-day moving average of $468.78 and a 200-day moving average of $402.52. Comfort Systems USA, Inc. has a 52-week low of $212.65 and a 52-week high of $553.09. The stock has a market cap of $15.16 billion, a PE ratio of 32.59 and a beta of 1.23.

Wall Street Analyst Weigh In

FIX has been the topic of a number of research analyst reports. Northcoast Research started coverage on Comfort Systems USA in a research note on Friday, November 22nd. They issued a “buy” rating and a $525.00 price target on the stock. UBS Group raised their target price on shares of Comfort Systems USA from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Monday, December 9th. StockNews.com lowered shares of Comfort Systems USA from a “buy” rating to a “hold” rating in a research note on Thursday, January 9th. Finally, 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. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $506.75.

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.