Blue Trust Inc. Sells 45 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Blue Trust Inc. reduced its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 5.6% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 752 shares of the construction company’s stock after selling 45 shares during the period. Blue Trust Inc.’s holdings in Comfort Systems USA were worth $319,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of FIX. Vaughan Nelson Investment Management L.P. bought a new stake in shares of Comfort Systems USA during the 3rd quarter worth approximately $138,987,000. Jennison Associates LLC increased its holdings in Comfort Systems USA by 6,071.6% during the 3rd quarter. Jennison Associates LLC now owns 176,570 shares of the construction company’s stock worth $68,924,000 after purchasing an additional 173,709 shares during the period. Natixis Advisors LLC increased its holdings in Comfort Systems USA by 871.4% during the 3rd quarter. Natixis Advisors LLC now owns 132,693 shares of the construction company’s stock worth $51,797,000 after purchasing an additional 119,033 shares during the period. EULAV Asset Management increased its holdings in Comfort Systems USA by 80.0% during the 3rd quarter. EULAV Asset Management now owns 145,103 shares of the construction company’s stock worth $56,641,000 after purchasing an additional 64,500 shares during the period. Finally, Geode Capital Management LLC increased its holdings in Comfort Systems USA by 6.8% during the 3rd quarter. Geode Capital Management LLC now owns 748,128 shares of the construction company’s stock worth $292,093,000 after purchasing an additional 47,929 shares during the period. 96.51% of the stock is owned by institutional investors.

Insider Activity

In other news, COO T Mckenna Trent sold 4,000 shares of the firm’s stock in a transaction dated 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 sale, the chief operating officer now directly owns 23,990 shares in the company, valued at approximately $11,630,591.90. This trade represents a 14.29 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. StockNews.com upgraded Comfort Systems USA from a “hold” rating to a “buy” rating in a report on Saturday. UBS Group raised their price objective on Comfort Systems USA from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Monday, December 9th. Northcoast Research assumed coverage on Comfort Systems USA in a report on Friday, November 22nd. They set a “buy” rating and a $525.00 price objective on the stock. Finally, Stifel Nicolaus raised their price objective on Comfort Systems USA from $524.00 to $577.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $506.75.

Comfort Systems USA Stock Up 0.6 %

NYSE:FIX opened at $393.67 on Wednesday. Comfort Systems USA, Inc. has a fifty-two week low of $239.80 and a fifty-two week high of $553.09. The stock has a market capitalization of $14.01 billion, a P/E ratio of 30.12 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. The company’s 50-day simple moving average is $451.49 and its 200-day simple moving average is $413.88.

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.