Peterson Wealth Services Lowers Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

Peterson Wealth Services decreased its position in Comfort Systems USA, Inc. (NYSE:FIX) by 1.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 19,057 shares of the construction company’s stock after selling 260 shares during the quarter. Comfort Systems USA accounts for approximately 2.4% of Peterson Wealth Services’ holdings, making the stock its 10th biggest holding. Peterson Wealth Services owned approximately 0.05% of Comfort Systems USA worth $8,081,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Vaughan Nelson Investment Management L.P. acquired a new position in Comfort Systems USA during the 3rd quarter worth about $138,987,000. Jennison Associates LLC lifted its position in Comfort Systems USA by 6,071.6% during the 3rd 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. Natixis Advisors LLC lifted its position in Comfort Systems USA by 871.4% during the 3rd quarter. Natixis Advisors LLC now owns 132,693 shares of the construction company’s stock worth $51,797,000 after buying an additional 119,033 shares in the last quarter. EULAV Asset Management lifted its position in Comfort Systems USA by 80.0% during the 3rd quarter. EULAV Asset Management now owns 145,103 shares of the construction company’s stock worth $56,641,000 after buying an additional 64,500 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in Comfort Systems USA by 6.8% during the 3rd quarter. Geode Capital Management LLC now owns 748,128 shares of the construction company’s stock worth $292,093,000 after buying an additional 47,929 shares in the last quarter. Institutional investors own 96.51% of the company’s stock.

Insider Activity

In other news, insider Brian E. Lane sold 15,000 shares of the company’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $448.88, for a total value 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 $91,663,540.40. This represents a 6.84 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, 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 completion of the sale, the chief operating officer now directly owns 23,990 shares of the company’s stock, valued at approximately $11,630,591.90. This trade represents 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 company insiders.

Comfort Systems USA Stock Performance

Comfort Systems USA stock opened at $465.96 on Tuesday. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.04. Comfort Systems USA, Inc. has a 1 year low of $233.09 and a 1 year high of $553.09. The company has a market cap of $16.58 billion, a PE ratio of 35.65 and a beta of 1.22. The company’s 50-day moving average is $460.83 and its two-hundred day moving average is $409.70.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on FIX shares. Stifel Nicolaus upped their price target on shares of Comfort Systems USA from $524.00 to $577.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. StockNews.com upgraded shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Thursday, February 6th. UBS Group upped their target price 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. Finally, Northcoast Research started coverage on shares of Comfort Systems USA in a research report on Friday, November 22nd. They set a “buy” rating and a $525.00 target price on the stock. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Comfort Systems USA currently has a consensus rating of “Buy” and a consensus target price 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.