Comfort Systems USA, Inc. (NYSE:FIX) Stock Holdings Lowered by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System trimmed its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 1.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,800 shares of the construction company’s stock after selling 100 shares during the period. Louisiana State Employees Retirement System’s holdings in Comfort Systems USA were worth $4,156,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. CWM LLC boosted its stake in shares of Comfort Systems USA by 1,491.3% during the 3rd quarter. CWM LLC now owns 3,469 shares of the construction company’s stock worth $1,354,000 after acquiring an additional 3,251 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Comfort Systems USA during the third quarter valued at $38,000. nVerses Capital LLC acquired a new position in shares of Comfort Systems USA in the 3rd quarter valued at $898,000. V Square Quantitative Management LLC increased its stake in Comfort Systems USA by 59.5% in the 3rd quarter. V Square Quantitative Management LLC now owns 126 shares of the construction company’s stock worth $49,000 after purchasing an additional 47 shares in the last quarter. Finally, Net Worth Advisory Group purchased a new position in Comfort Systems USA in the 3rd quarter worth about $203,000. Institutional investors and hedge funds own 96.51% of the company’s stock.

Comfort Systems USA Stock Performance

FIX stock opened at $398.45 on Thursday. The firm has a 50 day simple moving average of $459.13 and a 200 day simple moving average of $411.80. Comfort Systems USA, Inc. has a 52 week low of $233.09 and a 52 week high of $553.09. The stock has a market cap of $14.18 billion, a P/E ratio of 30.49 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.

Insiders Place Their Bets

In other news, COO T Mckenna Trent sold 4,000 shares of the company’s stock in a transaction 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 transaction, the chief operating officer now directly owns 23,990 shares of the company’s stock, valued at approximately $11,630,591.90. This represents a 14.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. StockNews.com upgraded shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a report on Thursday, February 6th. UBS Group raised their price objective 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. Stifel Nicolaus lifted their price objective on shares of Comfort Systems USA from $524.00 to $577.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Finally, Northcoast Research assumed coverage on Comfort Systems USA in a report on Friday, November 22nd. They issued a “buy” rating and a $525.00 target price for the company. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of $506.75.

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.