Comfort Systems USA, Inc. (NYSE:FIX) Shares Sold by Moloney Securities Asset Management LLC

Moloney Securities Asset Management LLC trimmed its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 35.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,659 shares of the construction company’s stock after selling 922 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Comfort Systems USA were worth $703,000 as of its most recent filing with the Securities and Exchange Commission.

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

Comfort Systems USA Price Performance

NYSE FIX opened at $460.79 on Monday. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $16.40 billion, a PE ratio of 35.26 and a beta of 1.22. Comfort Systems USA, Inc. has a 12-month low of $232.21 and a 12-month high of $553.09. The company has a 50 day moving average price of $460.83 and a two-hundred day moving average price of $408.93.

Insider Activity

In other Comfort Systems USA news, COO T Mckenna Trent sold 4,000 shares of the firm’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $484.81, for a total transaction of $1,939,240.00. Following the transaction, the chief operating officer now directly owns 23,990 shares in the company, valued at $11,630,591.90. This trade represents a 14.29 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Brian E. Lane sold 15,000 shares of the business’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $448.88, for a total value of $6,733,200.00. Following the completion of the sale, the insider now directly owns 204,205 shares of the company’s stock, valued at $91,663,540.40. This represents a 6.84 % decrease in their position. The disclosure for this sale can be found here. 1.80% of the stock is owned by insiders.

Analyst Ratings Changes

FIX has been the topic of a number of recent analyst reports. UBS Group boosted their target price on Comfort Systems USA from $525.00 to $575.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. Stifel Nicolaus boosted 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. Northcoast Research started coverage on shares of Comfort Systems USA in a report on Friday, November 22nd. They issued a “buy” rating and a $525.00 target price for the company. Finally, StockNews.com upgraded shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a report on Thursday. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Comfort Systems USA presently has an average rating of “Buy” and a consensus price target of $506.75.

Comfort Systems USA Company 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.