Louisiana State Employees Retirement System Has $4.16 Million Position in Comfort Systems USA, Inc. (NYSE:FIX)

Louisiana State Employees Retirement System cut its holdings in Comfort Systems USA, Inc. (NYSE:FIX) by 1.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,800 shares of the construction company’s stock after selling 100 shares during the quarter. Louisiana State Employees Retirement System’s holdings in Comfort Systems USA were worth $4,156,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in FIX. Vaughan Nelson Investment Management L.P. acquired a new stake in shares of Comfort Systems USA in the 3rd quarter valued at $138,987,000. Jennison Associates LLC raised its holdings in Comfort Systems USA by 6,071.6% during the third quarter. Jennison Associates LLC now owns 176,570 shares of the construction company’s stock valued at $68,924,000 after buying an additional 173,709 shares in the last quarter. Natixis Advisors LLC lifted its position in shares of Comfort Systems USA by 871.4% in the third 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 during the last quarter. EULAV Asset Management boosted its stake in shares of 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 acquiring an additional 64,500 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of 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 valued at $292,093,000 after acquiring an additional 47,929 shares during the last quarter. 96.51% of the stock is owned by institutional investors.

Comfort Systems USA Stock Down 8.3 %

Shares of FIX stock opened at $398.45 on Thursday. Comfort Systems USA, Inc. has a 12 month low of $233.09 and a 12 month high of $553.09. 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 firm has a market cap of $14.18 billion, a PE ratio of 30.49 and a beta of 1.22. The stock has a 50 day moving average of $459.13 and a 200-day moving average of $411.80.

Insider Activity at Comfort Systems USA

In other Comfort Systems USA news, COO T Mckenna Trent sold 4,000 shares of the firm’s 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 $11,630,591.90. This trade represents a 14.29 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 1.80% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on FIX shares. UBS Group boosted their target price on Comfort Systems USA from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Monday, December 9th. Stifel Nicolaus boosted their price objective on shares of Comfort Systems USA from $524.00 to $577.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. StockNews.com upgraded shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a research note on Thursday, February 6th. Finally, Northcoast Research initiated 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 for the company. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus 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.