Krilogy Financial LLC Purchases Shares of 2,954 Comfort Systems USA, Inc. $FIX

Krilogy Financial LLC acquired a new position in shares of Comfort Systems USA, Inc. (NYSE:FIX) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 2,954 shares of the construction company’s stock, valued at approximately $2,438,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Toth Financial Advisory Corp acquired a new position in Comfort Systems USA in the 3rd quarter valued at about $25,000. Quent Capital LLC acquired a new stake in shares of Comfort Systems USA during the 3rd quarter worth about $25,000. Ameritas Advisory Services LLC purchased a new stake in shares of Comfort Systems USA during the second quarter worth about $27,000. Eastern Bank purchased a new stake in Comfort Systems USA in the 3rd quarter worth approximately $31,000. Finally, Avion Wealth increased its stake in Comfort Systems USA by 1,800.0% in the third quarter. Avion Wealth now owns 57 shares of the construction company’s stock valued at $47,000 after purchasing an additional 54 shares during the last quarter. 96.51% of the stock is currently owned by hedge funds and other institutional investors.

Comfort Systems USA Stock Up 5.2%

NYSE FIX opened at $1,335.64 on Thursday. The business has a 50 day moving average price of $1,057.24 and a two-hundred day moving average price of $900.53. The stock has a market cap of $47.11 billion, a PE ratio of 56.55 and a beta of 1.67. Comfort Systems USA, Inc. has a fifty-two week low of $276.44 and a fifty-two week high of $1,364.95. The company has a quick ratio of 1.20, a current ratio of 1.22 and a debt-to-equity ratio of 0.06.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Zacks Research downgraded shares of Comfort Systems USA from a “strong-buy” rating to a “hold” rating in a report on Friday, December 26th. UBS Group restated a “buy” rating and set a $1,310.00 price objective on shares of Comfort Systems USA in a report on Monday, February 2nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Comfort Systems USA in a research report on Wednesday, January 21st. Stifel Nicolaus boosted their price target on Comfort Systems USA from $1,155.00 to $1,196.00 and gave the company a “buy” rating in a research report on Monday, January 26th. Finally, Wall Street Zen lowered Comfort Systems USA from a “strong-buy” rating to a “buy” rating in a research note on Saturday, January 3rd. Six equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $1,064.50.

Insider Activity

In other Comfort Systems USA news, CFO William George III sold 4,370 shares of the stock in a transaction on Monday, December 1st. The shares were sold at an average price of $958.88, for a total transaction of $4,190,305.60. Following the transaction, the chief financial officer directly owned 39,824 shares in the company, valued at $38,186,437.12. This represents a 9.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Brian E. Lane sold 7,158 shares of the business’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $947.98, for a total transaction of $6,785,640.84. Following the completion of the sale, the insider directly owned 180,888 shares of the company’s stock, valued at $171,478,206.24. The trade was a 3.81% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 12,528 shares of company stock worth $11,972,106 over the last ninety days. Corporate insiders own 1.59% of the company’s stock.

Comfort Systems USA Company Profile

Comfort Systems USA, Inc is a U.S.-based mechanical contracting company that provides a range of heating, ventilation and air conditioning (HVAC) services to commercial, industrial and institutional customers. The company focuses on the design, installation, maintenance and repair of HVAC systems, and it supports projects from initial engineering and system selection through long-term service agreements and upgrades.

Its service offerings include new construction and retrofit installations, preventive and corrective maintenance, emergency repair, energy management and building automation systems.