Azzad Asset Management Inc. ADV Has $2.49 Million Holdings in Comfort Systems USA, Inc. $FIX

Azzad Asset Management Inc. ADV grew its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 24.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,019 shares of the construction company’s stock after acquiring an additional 594 shares during the quarter. Azzad Asset Management Inc. ADV’s holdings in Comfort Systems USA were worth $2,491,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in FIX. Private Client Services LLC grew its position in shares of Comfort Systems USA by 624.4% in the 3rd quarter. Private Client Services LLC now owns 2,731 shares of the construction company’s stock valued at $2,254,000 after buying an additional 2,354 shares during the last quarter. Brown Advisory Inc. raised its position in shares of Comfort Systems USA by 2,271.3% during the second quarter. Brown Advisory Inc. now owns 16,528 shares of the construction company’s stock worth $8,863,000 after acquiring an additional 15,831 shares during the last quarter. Triasima Portfolio Management inc. acquired a new position in shares of Comfort Systems USA in the third quarter worth approximately $2,392,000. Wealth Enhancement Advisory Services LLC boosted its holdings in Comfort Systems USA by 19.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 15,277 shares of the construction company’s stock valued at $12,474,000 after acquiring an additional 2,461 shares during the last quarter. Finally, Ameritas Advisory Services LLC bought a new stake in Comfort Systems USA in the second quarter valued at approximately $27,000. 96.51% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Brian E. Lane sold 7,158 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $947.98, for a total transaction of $6,785,640.84. Following the transaction, the insider directly owned 180,888 shares of the company’s stock, valued at $171,478,206.24. This represents a 3.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Laura Finley Howell sold 1,000 shares of the stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $996.16, for a total value 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 12,528 shares of company stock valued at $11,972,106. 1.59% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. DA Davidson restated a “buy” rating and set a $1,200.00 price target on shares of Comfort Systems USA in a report on Friday, December 19th. Weiss Ratings reissued a “buy (b)” rating on shares of Comfort Systems USA in a research note on Wednesday, January 21st. Zacks Research lowered shares of Comfort Systems USA from a “strong-buy” rating to a “hold” rating in a report on Friday, December 26th. UBS Group reiterated a “buy” rating and set a $1,310.00 price target on shares of Comfort Systems USA in a report on Monday, February 2nd. Finally, Stifel Nicolaus lifted their price objective on Comfort Systems USA from $1,155.00 to $1,196.00 and gave the stock a “buy” rating in a research report on Monday, January 26th. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $1,064.50.

Comfort Systems USA Trading Up 7.1%

NYSE:FIX opened at $1,229.03 on Monday. Comfort Systems USA, Inc. has a 12 month low of $276.44 and a 12 month high of $1,230.49. The company has a current ratio of 1.22, a quick ratio of 1.20 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $43.35 billion, a price-to-earnings ratio of 52.03 and a beta of 1.67. The firm has a fifty day simple moving average of $1,036.36 and a two-hundred day simple moving average of $888.31.

About Comfort Systems USA

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.