Baader Bank Aktiengesellschaft Acquires Shares of 759 Comfort Systems USA, Inc. $FIX

Baader Bank Aktiengesellschaft bought a new position in Comfort Systems USA, Inc. (NYSE:FIX) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 759 shares of the construction company’s stock, valued at approximately $626,000.

Several other institutional investors have also bought and sold shares of the stock. Belpointe Asset Management LLC lifted its holdings in shares of Comfort Systems USA by 1.0% during the third quarter. Belpointe Asset Management LLC now owns 1,256 shares of the construction company’s stock valued at $1,036,000 after acquiring an additional 13 shares during the period. Flagship Harbor Advisors LLC lifted its holdings in Comfort Systems USA by 0.9% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 1,478 shares of the construction company’s stock valued at $1,220,000 after purchasing an additional 13 shares during the last quarter. Wedmont Private Capital lifted its holdings in Comfort Systems USA by 3.8% during the 3rd quarter. Wedmont Private Capital now owns 497 shares of the construction company’s stock valued at $406,000 after purchasing an additional 18 shares during the last quarter. Ballentine Partners LLC boosted its position in Comfort Systems USA by 2.2% in the third quarter. Ballentine Partners LLC now owns 898 shares of the construction company’s stock valued at $741,000 after buying an additional 19 shares in the last quarter. Finally, Archer Investment Corp grew its stake in Comfort Systems USA by 8.0% during the second quarter. Archer Investment Corp now owns 270 shares of the construction company’s stock worth $145,000 after buying an additional 20 shares during the last quarter. Institutional investors and hedge funds own 96.51% of the company’s stock.

Insiders Place Their Bets

In related news, 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 transaction, the insider owned 180,888 shares of the company’s stock, valued at $171,478,206.24. This trade represents a 3.81% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO William George III sold 4,370 shares of the company’s stock in a transaction that occurred on 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 of the company’s stock, valued at $38,186,437.12. The trade was a 9.89% decrease in their position. 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 worth $11,972,106. Insiders own 1.59% of the company’s stock.

Comfort Systems USA Price Performance

FIX opened at $1,335.64 on Thursday. The company has a fifty day moving average price of $1,057.24 and a two-hundred day moving average price of $900.53. The firm has a market capitalization of $47.11 billion, a PE ratio of 56.55 and a beta of 1.67. Comfort Systems USA, Inc. has a 52 week low of $276.44 and a 52 week high of $1,364.95. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.20 and a current ratio of 1.22.

Analysts Set New Price Targets

Several brokerages have recently commented on FIX. UBS Group reissued a “buy” rating and issued a $1,310.00 target price on shares of Comfort Systems USA in a report on Monday, February 2nd. Zacks Research lowered Comfort Systems USA from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 26th. Wall Street Zen cut Comfort Systems USA from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 3rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Comfort Systems USA in a report on Wednesday, January 21st. Finally, DA Davidson reiterated a “buy” rating and set a $1,200.00 price target on shares of Comfort Systems USA in a research report on Friday, December 19th. Six equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,064.50.

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.