Comfort Systems USA, Inc. $FIX Shares Bought by Atria Investments Inc

Atria Investments Inc raised its stake in Comfort Systems USA, Inc. (NYSE:FIX) by 41.7% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 4,418 shares of the construction company’s stock after purchasing an additional 1,300 shares during the period. Atria Investments Inc’s holdings in Comfort Systems USA were worth $3,646,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in Comfort Systems USA in the 2nd quarter worth approximately $256,998,000. AQR Capital Management LLC boosted its position in shares of Comfort Systems USA by 47.5% in the 2nd quarter. AQR Capital Management LLC now owns 782,435 shares of the construction company’s stock valued at $419,049,000 after purchasing an additional 252,007 shares during the period. Artisan Partners Limited Partnership purchased a new position in Comfort Systems USA in the 2nd quarter worth about $114,551,000. AMF Tjanstepension AB purchased a new stake in Comfort Systems USA during the third quarter valued at about $156,183,000. Finally, Third Point LLC acquired a new position in Comfort Systems USA in the 2nd quarter worth approximately $99,199,000. Institutional investors own 96.51% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on FIX shares. UBS Group reaffirmed a “buy” rating and issued a $1,310.00 target price on shares of Comfort Systems USA in a research report on Monday, February 2nd. Stifel Nicolaus boosted 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. DA Davidson restated a “buy” rating and issued a $1,200.00 price target on shares of Comfort Systems USA in a research report on Friday, December 19th. Wall Street Zen cut Comfort Systems USA from a “strong-buy” rating to a “buy” rating in a research report on Saturday, January 3rd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Comfort Systems USA in a research note on Wednesday, January 21st. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Comfort Systems USA has a consensus rating of “Moderate Buy” and an average target price of $1,064.50.

Insider Activity

In other news, SVP Laura Finley Howell sold 1,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the senior vice president directly owned 7,938 shares of the company’s stock, valued at approximately $7,907,518.08. This trade represents a 11.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Brian E. Lane sold 7,158 shares of Comfort Systems USA stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $947.98, for a total transaction of $6,785,640.84. Following the completion of the sale, the insider owned 180,888 shares of the company’s stock, valued at approximately $171,478,206.24. The trade was a 3.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 12,528 shares of company stock valued at $11,972,106. 1.59% of the stock is owned by insiders.

Comfort Systems USA Trading Up 3.0%

Shares of NYSE FIX opened at $1,339.38 on Monday. Comfort Systems USA, Inc. has a twelve month low of $276.44 and a twelve month high of $1,399.00. The company’s fifty day moving average is $1,069.97 and its 200-day moving average is $910.79. The stock has a market cap of $47.24 billion, a price-to-earnings ratio of 56.71 and a beta of 1.67. The company has a quick ratio of 1.20, a current ratio of 1.22 and a debt-to-equity ratio of 0.06.

Comfort Systems USA 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.