Comfort Systems USA, Inc. $FIX Holdings Trimmed by Shell Asset Management Co.

Shell Asset Management Co. reduced its position in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 58.6% during the 3rd quarter, Holdings Channel.com reports. The firm owned 625 shares of the construction company’s stock after selling 885 shares during the period. Shell Asset Management Co.’s holdings in Comfort Systems USA were worth $516,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Toth Financial Advisory Corp acquired a new position in Comfort Systems USA during the third quarter valued at $25,000. Quent Capital LLC purchased a new position in Comfort Systems USA during the 3rd quarter valued at about $25,000. Eastern Bank acquired a new position in shares of Comfort Systems USA in the 3rd quarter valued at about $31,000. Avion Wealth increased its holdings in shares of Comfort Systems USA by 1,800.0% in the 3rd 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 period. Finally, Hazlett Burt & Watson Inc. purchased a new stake in shares of Comfort Systems USA in the third quarter worth approximately $83,000. Institutional investors and hedge funds own 96.51% of the company’s stock.

Comfort Systems USA Stock Down 0.2%

FIX stock opened at $1,335.58 on Wednesday. The firm has a market cap of $47.11 billion, a PE ratio of 56.54 and a beta of 1.67. Comfort Systems USA, Inc. has a 1 year low of $276.44 and a 1 year high of $1,399.00. The company has a fifty day simple moving average of $1,084.08 and a 200 day simple moving average of $919.77. The company has a current ratio of 1.22, a quick ratio of 1.20 and a debt-to-equity ratio of 0.06.

Analyst Ratings Changes

FIX has been the topic of a number of research analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Comfort Systems USA in a research report on Wednesday, January 21st. Zacks Research cut shares of Comfort Systems USA from a “strong-buy” rating to a “hold” rating in a report on Friday, December 26th. UBS Group reiterated a “buy” rating and set a $1,310.00 price objective on shares of Comfort Systems USA in a report on Monday, February 2nd. Stifel Nicolaus lifted their price objective 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 downgraded 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 given a Hold rating to the company. Based on data from MarketBeat.com, Comfort Systems USA has a consensus rating of “Moderate Buy” and an average price target of $1,064.50.

Insiders Place Their Bets

In other news, SVP Laura Finley Howell sold 1,000 shares of the stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $996.16, for a total transaction of $996,160.00. Following the transaction, the senior vice president owned 7,938 shares of the company’s stock, valued at approximately $7,907,518.08. This represents a 11.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Brian E. Lane sold 7,158 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $947.98, for a total value of $6,785,640.84. Following the completion of the transaction, the insider directly owned 180,888 shares in the company, valued at $171,478,206.24. The trade was a 3.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 12,528 shares of company stock valued at $11,972,106 over the last quarter. 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.