Journey Strategic Wealth LLC Sells 33 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Journey Strategic Wealth LLC trimmed its position in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 5.8% during the 4th quarter, Holdings Channel reports. The firm owned 538 shares of the construction company’s stock after selling 33 shares during the period. Journey Strategic Wealth LLC’s holdings in Comfort Systems USA were worth $228,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of FIX. Cetera Investment Advisers increased its holdings in Comfort Systems USA by 3.0% in the 2nd quarter. Cetera Investment Advisers now owns 6,308 shares of the construction company’s stock valued at $1,918,000 after acquiring an additional 186 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in Comfort Systems USA in the 2nd quarter valued at $601,000. GAMMA Investing LLC increased its holdings in Comfort Systems USA by 60.1% in the 3rd quarter. GAMMA Investing LLC now owns 562 shares of the construction company’s stock valued at $219,000 after acquiring an additional 211 shares during the last quarter. Azzad Asset Management Inc. ADV increased its holdings in Comfort Systems USA by 10.4% in the 3rd quarter. Azzad Asset Management Inc. ADV now owns 1,789 shares of the construction company’s stock valued at $698,000 after acquiring an additional 169 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC bought a new stake in Comfort Systems USA in the 3rd quarter valued at $433,000. 96.51% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have issued reports on FIX shares. Northcoast Research assumed coverage on shares of Comfort Systems USA in a report on Friday, November 22nd. They issued a “buy” rating and a $525.00 price target on the stock. Stifel Nicolaus boosted their target price on shares of Comfort Systems USA from $524.00 to $577.00 and gave the stock a “buy” rating in a report on Friday, January 24th. StockNews.com downgraded shares of Comfort Systems USA from a “buy” rating to a “hold” rating in a report on Thursday, January 9th. Finally, UBS Group boosted their target price on shares of Comfort Systems USA from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Monday, December 9th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $506.75.

Comfort Systems USA Price Performance

FIX stock opened at $427.22 on Tuesday. Comfort Systems USA, Inc. has a 12 month low of $220.99 and a 12 month 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. The company has a 50-day moving average price of $465.58 and a 200 day moving average price of $404.94. The stock has a market cap of $15.20 billion, a PE ratio of 32.69 and a beta of 1.22.

Insider Buying and Selling

In related news, COO T Mckenna Trent sold 4,000 shares of Comfort Systems USA 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 completion of the transaction, the chief operating officer now directly owns 23,990 shares of the company’s stock, valued at approximately $11,630,591.90. The trade was a 14.29 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Brian E. Lane sold 15,000 shares of Comfort Systems USA stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $448.88, for a total transaction of $6,733,200.00. Following the transaction, the insider now directly owns 204,205 shares of the company’s stock, valued at approximately $91,663,540.40. This represents a 6.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.80% of the stock is owned by corporate insiders.

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.