Anderson Hoagland & Co. Has $3.58 Million Stake in Comfort Systems USA, Inc. (NYSE:FIX)

Anderson Hoagland & Co. reduced its position in Comfort Systems USA, Inc. (NYSE:FIX) by 4.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,448 shares of the construction company’s stock after selling 357 shares during the period. Anderson Hoagland & Co.’s holdings in Comfort Systems USA were worth $3,582,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Vaughan Nelson Investment Management L.P. bought a new position in shares of Comfort Systems USA in the third quarter valued at approximately $138,987,000. Millennium Management LLC lifted its stake in Comfort Systems USA by 477.9% during the 2nd quarter. Millennium Management LLC now owns 342,724 shares of the construction company’s stock valued at $104,229,000 after acquiring an additional 283,416 shares in the last quarter. Jennison Associates LLC boosted its holdings 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 acquiring an additional 173,709 shares during the last quarter. Natixis Advisors LLC grew its stake in shares of Comfort Systems USA by 871.4% in the 3rd quarter. Natixis Advisors LLC now owns 132,693 shares of the construction company’s stock worth $51,797,000 after acquiring an additional 119,033 shares in the last quarter. Finally, Susquehanna Fundamental Investments LLC bought a new stake in Comfort Systems USA in the 2nd quarter worth about $29,743,000. Institutional investors and hedge funds own 96.51% of the company’s stock.

Insider Activity at Comfort Systems USA

In related news, Director Vance W. Tang sold 2,700 shares of Comfort Systems USA stock in a transaction on Monday, October 28th. The stock was sold at an average price of $390.00, for a total transaction of $1,053,000.00. Following the completion of the sale, the director now owns 5,498 shares of the company’s stock, valued at approximately $2,144,220. This trade represents a 32.93 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Franklin Myers sold 12,000 shares of the business’s stock in a transaction dated Wednesday, October 30th. The stock was sold at an average price of $390.18, for a total value of $4,682,160.00. Following the transaction, the chairman now owns 106,498 shares of the company’s stock, valued at approximately $41,553,389.64. The trade was a 10.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 36,200 shares of company stock valued at $15,431,250. Corporate insiders own 1.80% of the company’s stock.

Comfort Systems USA Price Performance

Shares of NYSE:FIX opened at $544.23 on Friday. The firm has a market capitalization of $19.37 billion, a PE ratio of 41.64 and a beta of 1.23. 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 company has a 50-day moving average price of $470.89 and a two-hundred day moving average price of $400.62. Comfort Systems USA, Inc. has a twelve month low of $201.61 and a twelve month high of $553.09.

Comfort Systems USA (NYSE:FIX) last issued its quarterly earnings data on Thursday, October 24th. The construction company reported $4.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.97 by $0.12. Comfort Systems USA had a return on equity of 32.74% and a net margin of 7.18%. The business had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $1.84 billion. During the same quarter in the prior year, the firm posted $2.74 EPS. The firm’s quarterly revenue was up 31.5% on a year-over-year basis. Equities analysts forecast that Comfort Systems USA, Inc. will post 13.95 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on FIX shares. Northcoast Research assumed coverage on Comfort Systems USA in a research report on Friday, November 22nd. They set a “buy” rating and a $525.00 target price for the company. UBS Group lifted their price objective on shares of Comfort Systems USA from $525.00 to $575.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. Stifel Nicolaus increased their target price on shares of Comfort Systems USA from $524.00 to $577.00 and gave the company a “buy” rating in a research report on Friday. Finally, StockNews.com downgraded Comfort Systems USA from a “buy” rating to a “hold” rating in a research note on Thursday, January 9th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average 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.