Comfort Systems USA, Inc. $FIX is Navellier & Associates Inc.’s 9th Largest Position

Navellier & Associates Inc. boosted its holdings in Comfort Systems USA, Inc. (NYSE:FIX) by 4.1% in the 3rd quarter, HoldingsChannel reports. The firm owned 19,072 shares of the construction company’s stock after purchasing an additional 745 shares during the quarter. Comfort Systems USA makes up approximately 1.6% of Navellier & Associates Inc.’s portfolio, making the stock its 9th largest holding. Navellier & Associates Inc.’s holdings in Comfort Systems USA were worth $15,738,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of FIX. Westfield Capital Management Co. LP grew its stake in Comfort Systems USA by 5.3% during the second quarter. Westfield Capital Management Co. LP now owns 936,412 shares of the construction company’s stock valued at $502,113,000 after acquiring an additional 46,773 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Comfort Systems USA by 0.4% during the 2nd quarter. Geode Capital Management LLC now owns 821,897 shares of the construction company’s stock worth $440,764,000 after acquiring an additional 3,032 shares in the last quarter. AQR Capital Management LLC lifted its position in Comfort Systems USA by 47.5% during the second quarter. AQR Capital Management LLC now owns 782,435 shares of the construction company’s stock valued at $419,049,000 after acquiring an additional 252,007 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Comfort Systems USA by 3.4% in the second quarter. JPMorgan Chase & Co. now owns 536,906 shares of the construction company’s stock valued at $287,894,000 after acquiring an additional 17,469 shares in the last quarter. Finally, Norges Bank purchased a new position in Comfort Systems USA in the second quarter worth $256,998,000. Institutional investors own 96.51% of the company’s stock.

Insider Transactions at Comfort Systems USA

In other Comfort Systems USA news, SVP Laura Finley Howell sold 1,000 shares of the company’s stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $996.16, for a total transaction of $996,160.00. Following the completion of the transaction, the senior vice president owned 7,938 shares in the company, valued at approximately $7,907,518.08. This represents a 11.19% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO William George III sold 4,370 shares of Comfort Systems USA stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $958.88, for a total transaction of $4,190,305.60. Following the completion of the sale, the chief financial officer directly owned 39,824 shares in the company, valued at approximately $38,186,437.12. The trade was a 9.89% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 12,528 shares of company stock worth $11,972,106 over the last 90 days. 1.59% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Stifel Nicolaus upped their price objective on shares of Comfort Systems USA from $1,155.00 to $1,196.00 and gave the company a “buy” rating in a report on Monday, January 26th. Wall Street Zen downgraded shares of Comfort Systems USA from a “strong-buy” rating to a “buy” rating in a research report on Saturday, January 3rd. DA Davidson reaffirmed a “buy” rating and set a $1,200.00 target price on shares of Comfort Systems USA in a research note on Friday, December 19th. Weiss Ratings reissued a “buy (b)” rating on shares of Comfort Systems USA in a report on Wednesday, January 21st. Finally, Zacks Research cut shares of Comfort Systems USA from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 26th. Six research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,064.50.

Comfort Systems USA Stock Performance

Shares of Comfort Systems USA stock opened at $1,285.48 on Tuesday. Comfort Systems USA, Inc. has a 12 month low of $276.44 and a 12 month high of $1,299.94. The stock has a market capitalization of $45.34 billion, a price-to-earnings ratio of 54.42 and a beta of 1.67. The firm’s fifty day simple moving average is $1,042.88 and its 200-day simple moving average is $893.39. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.22 and a quick ratio of 1.20.

Comfort Systems USA Company Profile

Comfort Systems USA, Inc is a U.S.-based mechanical contracting company that provides a range of heating, ventilation and air conditioning (HVAC) services to commercial, industrial and institutional customers. The company focuses on the design, installation, maintenance and repair of HVAC systems, and it supports projects from initial engineering and system selection through long-term service agreements and upgrades.

Its service offerings include new construction and retrofit installations, preventive and corrective maintenance, emergency repair, energy management and building automation systems.