Empowered Funds LLC Purchases New Shares in Comfort Systems USA, Inc. (NYSE:FIX)

Empowered Funds LLC acquired a new position in shares of Comfort Systems USA, Inc. (NYSE:FIX) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,709 shares of the construction company’s stock, valued at approximately $1,149,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in FIX. Hollencrest Capital Management bought a new stake in shares of Comfort Systems USA during the third quarter valued at approximately $28,000. Harbor Investment Advisory LLC boosted its position in 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 buying an additional 55 shares during the last quarter. V Square Quantitative Management LLC increased its stake in shares of Comfort Systems USA by 59.5% in the 3rd quarter. V Square Quantitative Management LLC now owns 126 shares of the construction company’s stock valued at $49,000 after buying an additional 47 shares during the period. True Wealth Design LLC acquired a new stake in shares of Comfort Systems USA in the 3rd quarter valued at $53,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Comfort Systems USA by 28.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 126 shares of the construction company’s stock worth $53,000 after acquiring an additional 28 shares during the last quarter. Institutional investors and hedge funds own 96.51% of the company’s stock.

Comfort Systems USA Price Performance

Shares of FIX opened at $391.40 on Monday. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.04. The stock has a market cap of $13.93 billion, a P/E ratio of 29.95 and a beta of 1.22. The stock’s 50-day moving average price is $452.91 and its two-hundred day moving average price is $413.43. Comfort Systems USA, Inc. has a 1 year low of $239.80 and a 1 year high of $553.09.

Insider Buying and Selling

In other Comfort Systems USA news, COO T Mckenna Trent sold 4,000 shares of the stock in a transaction on 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 sale, the chief operating officer now directly owns 23,990 shares in the company, valued at approximately $11,630,591.90. This trade represents a 14.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

FIX has been the topic of several recent research reports. UBS Group raised their price target on 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 upgraded shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Saturday. Stifel Nicolaus increased their price objective on shares of Comfort Systems USA from $524.00 to $577.00 and gave the company a “buy” rating in a report on Friday, January 24th. Finally, Northcoast Research began coverage on shares of Comfort Systems USA in a report on Friday, November 22nd. They set a “buy” rating and a $525.00 target price for the company. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average 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.