State of Alaska Department of Revenue Has $1.72 Million Stock Position in Comfort Systems USA, Inc. (NYSE:FIX)

State of Alaska Department of Revenue reduced its stake in Comfort Systems USA, Inc. (NYSE:FIX) by 2.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,045 shares of the construction company’s stock after selling 95 shares during the quarter. State of Alaska Department of Revenue’s holdings in Comfort Systems USA were worth $1,715,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Diversified Trust Co acquired a new stake in Comfort Systems USA during the 4th quarter worth approximately $2,998,000. Zacks Investment Management increased its position in Comfort Systems USA by 26.2% during the 3rd quarter. Zacks Investment Management now owns 8,650 shares of the construction company’s stock worth $3,376,000 after buying an additional 1,795 shares during the period. Entropy Technologies LP acquired a new stake in shares of Comfort Systems USA during the third quarter worth $1,484,000. WCM Investment Management LLC boosted its position in shares of Comfort Systems USA by 16.5% in the third quarter. WCM Investment Management LLC now owns 99,553 shares of the construction company’s stock valued at $38,833,000 after acquiring an additional 14,090 shares during the period. Finally, Quest Partners LLC acquired a new position in shares of Comfort Systems USA in the third quarter valued at about $940,000. 96.51% of the stock is currently owned by institutional investors and hedge funds.

Comfort Systems USA Stock Performance

Comfort Systems USA stock opened at $434.64 on Wednesday. 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 stock has a market cap of $15.47 billion, a PE ratio of 33.25 and a beta of 1.22. Comfort Systems USA, Inc. has a 12-month low of $233.09 and a 12-month high of $553.09. The business’s 50-day moving average price is $460.35 and its two-hundred day moving average price is $410.92.

Insider Buying and Selling

In other Comfort Systems USA news, COO T Mckenna Trent sold 4,000 shares of the business’s stock in a transaction that occurred 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 directly owns 23,990 shares of the company’s stock, valued at $11,630,591.90. The trade was a 14.29 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.80% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. 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. Stifel Nicolaus increased their price target 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. UBS Group lifted their price objective on Comfort Systems USA from $525.00 to $575.00 and gave the company a “buy” rating in a report on Monday, December 9th. Finally, StockNews.com raised Comfort Systems USA from a “hold” rating to a “buy” rating in a report on Thursday, February 6th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Comfort Systems USA 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.