Kestra Private Wealth Services LLC Increases Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

Kestra Private Wealth Services LLC grew its holdings in Comfort Systems USA, Inc. (NYSE:FIX) by 2.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 1,826 shares of the construction company’s stock after buying an additional 43 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Comfort Systems USA were worth $774,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. State Street Corp lifted its stake in Comfort Systems USA by 0.6% in the third quarter. State Street Corp now owns 1,055,561 shares of the construction company’s stock worth $412,038,000 after acquiring an additional 6,496 shares during the period. Geode Capital Management LLC lifted its position in shares of Comfort Systems USA by 6.8% in 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. Vaughan Nelson Investment Management L.P. boosted its stake in shares of Comfort Systems USA by 2.2% during the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 363,947 shares of the construction company’s stock valued at $154,335,000 after purchasing an additional 7,890 shares in the last quarter. Royal London Asset Management Ltd. increased its position in shares of Comfort Systems USA by 20.6% during the third quarter. Royal London Asset Management Ltd. now owns 255,501 shares of the construction company’s stock valued at $99,735,000 after buying an additional 43,691 shares during the period. Finally, Jennison Associates LLC raised its stake in Comfort Systems USA by 6,071.6% in the third quarter. Jennison Associates LLC now owns 176,570 shares of the construction company’s stock worth $68,924,000 after buying an additional 173,709 shares in the last quarter. 96.51% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Insider Transactions at Comfort Systems USA

In related news, COO T Mckenna Trent sold 4,000 shares of the company’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 transaction, the chief operating officer now owns 23,990 shares in the company, valued at $11,630,591.90. The trade was a 14.29 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 1.80% of the company’s stock.

Comfort Systems USA Stock Performance

Comfort Systems USA stock opened at $391.40 on Friday. Comfort Systems USA, Inc. has a twelve month low of $239.80 and a twelve month high of $553.09. 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 company has a market capitalization of $13.93 billion, a P/E ratio of 29.95 and a beta of 1.22. The stock’s 50 day moving average is $455.02 and its 200 day moving average is $411.58.

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.