State of New Jersey Common Pension Fund D Sells 444 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

State of New Jersey Common Pension Fund D trimmed its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 3.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,817 shares of the construction company’s stock after selling 444 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Comfort Systems USA were worth $5,435,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Consolidated Planning Corp grew its position in Comfort Systems USA by 49.0% during the fourth quarter. Consolidated Planning Corp now owns 4,783 shares of the construction company’s stock valued at $2,028,000 after buying an additional 1,573 shares during the period. Diversified Trust Co purchased a new position in Comfort Systems USA during the fourth quarter valued at approximately $2,998,000. Zacks Investment Management lifted its holdings in Comfort Systems USA by 26.2% during the third quarter. Zacks Investment Management now owns 8,650 shares of the construction company’s stock valued at $3,376,000 after purchasing an additional 1,795 shares in the last quarter. Entropy Technologies LP purchased a new position in Comfort Systems USA during the third quarter valued at approximately $1,484,000. Finally, WCM Investment Management LLC lifted its holdings in Comfort Systems USA by 16.5% during the third quarter. WCM Investment Management LLC now owns 99,553 shares of the construction company’s stock valued at $38,833,000 after purchasing an additional 14,090 shares in the last quarter. 96.51% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

FIX has been the topic of several analyst reports. Northcoast Research initiated coverage on shares of Comfort Systems USA in a report on Friday, November 22nd. They set a “buy” rating and a $525.00 price target on the stock. UBS Group lifted their price target 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. StockNews.com raised shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a report on Saturday. Finally, 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. Five research analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $506.75.

Comfort Systems USA Price Performance

FIX stock opened at $393.67 on Wednesday. The company has a market capitalization of $14.01 billion, a PE ratio of 30.12 and a beta of 1.22. The company’s fifty day moving average price is $451.49 and its 200-day moving average price is $413.88. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.02 and a current ratio of 1.04. Comfort Systems USA, Inc. has a one year low of $239.80 and a one year high of $553.09.

Insider Activity at Comfort Systems USA

In related news, COO T Mckenna Trent sold 4,000 shares of the company’s stock in a transaction on 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 sale, the chief operating officer now owns 23,990 shares of the company’s stock, valued at $11,630,591.90. This represents a 14.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.80% of the stock is owned by insiders.

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.