RFG Advisory LLC Boosts Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

RFG Advisory LLC increased its holdings in Comfort Systems USA, Inc. (NYSE:FIX) by 4.3% during the fourth quarter, Holdings Channel reports. The firm owned 6,725 shares of the construction company’s stock after acquiring an additional 275 shares during the quarter. RFG Advisory LLC’s holdings in Comfort Systems USA were worth $2,852,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Hollencrest Capital Management purchased a new position in Comfort Systems USA in the 3rd quarter worth approximately $28,000. Harbor Investment Advisory LLC lifted its holdings in Comfort Systems USA by 183.3% in the 4th quarter. Harbor Investment Advisory LLC now owns 85 shares of the construction company’s stock worth $36,000 after purchasing an additional 55 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Comfort Systems USA in the 3rd quarter worth approximately $38,000. V Square Quantitative Management LLC lifted its holdings in Comfort Systems USA by 59.5% in the 3rd quarter. V Square Quantitative Management LLC now owns 126 shares of the construction company’s stock worth $49,000 after purchasing an additional 47 shares in the last quarter. Finally, True Wealth Design LLC purchased a new position in Comfort Systems USA in the 3rd quarter worth approximately $53,000. 96.51% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Comfort Systems USA

In other news, Director Vance W. Tang sold 2,700 shares of the stock in a transaction on Monday, October 28th. The stock was sold at an average price of $390.00, for a total transaction of $1,053,000.00. Following the transaction, the director now owns 5,498 shares of the company’s stock, valued at approximately $2,144,220. This represents a 32.93 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman Franklin Myers sold 12,000 shares of the stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of $390.18, for a total value of $4,682,160.00. Following the transaction, the chairman now directly owns 106,498 shares in the company, valued at $41,553,389.64. The trade was a 10.13 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 36,200 shares of company stock valued at $15,431,250 in the last quarter. 1.80% of the stock is owned by insiders.

Comfort Systems USA Stock Performance

NYSE FIX opened at $544.23 on Friday. The company has a market cap of $19.37 billion, a P/E ratio of 41.64 and a beta of 1.23. 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 business’s 50 day moving average price is $470.89 and its 200-day moving average price is $399.93. Comfort Systems USA, Inc. has a fifty-two week low of $201.61 and a fifty-two week high of $553.09.

Comfort Systems USA (NYSE:FIX) last released its earnings results on Thursday, October 24th. The construction company reported $4.09 earnings per share for the quarter, beating the consensus estimate of $3.97 by $0.12. The firm had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.84 billion. Comfort Systems USA had a return on equity of 32.74% and a net margin of 7.18%. The company’s revenue for the quarter was up 31.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.74 EPS. Sell-side analysts predict that Comfort Systems USA, Inc. will post 13.95 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on FIX. Stifel Nicolaus upped 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. Northcoast Research began 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. StockNews.com cut Comfort Systems USA from a “buy” rating to a “hold” rating in a report on Thursday, January 9th. Finally, UBS Group upped 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. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $506.75.

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.