Comfort Systems USA, Inc. (NYSE:FIX) Shares Sold by Truist Financial Corp

Truist Financial Corp reduced its holdings in Comfort Systems USA, Inc. (NYSE:FIX) by 25.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 39,628 shares of the construction company’s stock after selling 13,732 shares during the period. Truist Financial Corp owned about 0.11% of Comfort Systems USA worth $16,805,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Vaughan Nelson Investment Management L.P. acquired a new stake in shares of Comfort Systems USA in the third quarter worth approximately $138,987,000. Jennison Associates LLC boosted its stake in shares of 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 acquiring an additional 173,709 shares during the last quarter. Natixis Advisors LLC boosted its stake in shares of Comfort Systems USA by 871.4% in the third quarter. Natixis Advisors LLC now owns 132,693 shares of the construction company’s stock worth $51,797,000 after acquiring an additional 119,033 shares during the last quarter. EULAV Asset Management boosted its stake in shares of Comfort Systems USA by 80.0% in the third quarter. EULAV Asset Management now owns 145,103 shares of the construction company’s stock worth $56,641,000 after acquiring an additional 64,500 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of 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 acquiring an additional 47,929 shares during the last quarter. 96.51% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Comfort Systems USA

In other Comfort Systems USA news, COO T Mckenna Trent sold 4,000 shares of Comfort Systems USA stock in a transaction on Friday, November 22nd. The stock was 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 owns 23,990 shares in the company, valued at $11,630,591.90. The trade was 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 the SEC website. Company insiders own 1.80% of the company’s stock.

Comfort Systems USA Stock Performance

Shares of Comfort Systems USA stock opened at $395.30 on Thursday. Comfort Systems USA, Inc. has a one year low of $239.80 and a one year high of $553.09. The company has a market cap of $14.07 billion, a price-to-earnings ratio of 30.24 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 business’s 50 day moving average price is $448.64 and its 200 day moving average price is $414.36.

Analyst Ratings Changes

A number of analysts have recently issued reports on FIX shares. UBS Group lifted their price target on Comfort Systems USA from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Monday, December 9th. Northcoast Research assumed coverage on Comfort Systems USA in a research note on Friday, November 22nd. They issued 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 research report on Saturday, February 15th. Finally, Stifel Nicolaus lifted their price objective on Comfort Systems USA from $524.00 to $577.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price 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.