Entropy Technologies LP Purchases 1,000 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Entropy Technologies LP grew its position in Comfort Systems USA, Inc. (NYSE:FIX) by 26.3% during the fourth quarter, HoldingsChannel reports. The firm owned 4,801 shares of the construction company’s stock after buying an additional 1,000 shares during the period. Entropy Technologies LP’s holdings in Comfort Systems USA were worth $2,036,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the company. Hollencrest Capital Management bought a new stake in Comfort Systems USA during the third quarter valued at $28,000. Harbor Investment Advisory LLC lifted its stake in shares of Comfort Systems USA by 183.3% in the 4th quarter. Harbor Investment Advisory LLC now owns 85 shares of the construction company’s stock valued at $36,000 after purchasing an additional 55 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Comfort Systems USA during the 3rd quarter valued at about $38,000. V Square Quantitative Management LLC grew its stake in Comfort Systems USA by 59.5% during the third 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 during the period. Finally, True Wealth Design LLC bought a new stake in Comfort Systems USA in the third quarter worth approximately $53,000. 96.51% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Comfort Systems USA news, insider Brian E. Lane sold 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of $448.88, for a total transaction 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 approximately $91,663,540.40. This represents a 6.84 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO T Mckenna Trent sold 4,000 shares of Comfort Systems USA 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 directly owns 23,990 shares in the company, valued at approximately $11,630,591.90. The trade was a 14.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.80% of the stock is currently owned by insiders.

Comfort Systems USA Trading Down 1.9 %

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

Analysts Set New Price Targets

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

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.