Mutual of America Capital Management LLC Sells 1,246 Shares of Comfort Systems USA, Inc. $FIX

Mutual of America Capital Management LLC reduced its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 7.1% during the third quarter, Holdings Channel reports. The institutional investor owned 16,258 shares of the construction company’s stock after selling 1,246 shares during the period. Mutual of America Capital Management LLC’s holdings in Comfort Systems USA were worth $13,416,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Monument Capital Management purchased a new stake in shares of Comfort Systems USA in the second quarter worth $3,629,000. Private Client Services LLC boosted its holdings in 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 worth $2,254,000 after buying an additional 2,354 shares during the period. Brown Advisory Inc. increased its stake in Comfort Systems USA by 2,271.3% in the 2nd quarter. Brown Advisory Inc. now owns 16,528 shares of the construction company’s stock worth $8,863,000 after buying an additional 15,831 shares in the last quarter. Triasima Portfolio Management inc. bought a new stake in Comfort Systems USA during the third quarter valued at about $2,392,000. Finally, Ameritas Advisory Services LLC purchased a new position in shares of Comfort Systems USA in the second quarter valued at about $27,000. 96.51% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Comfort Systems USA

In other Comfort Systems USA news, Director Darcy Anderson sold 4,000 shares of the business’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $958.72, for a total transaction of $3,834,880.00. Following the sale, the director directly owned 22,535 shares of the company’s stock, valued at $21,604,755.20. The trade was a 15.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Brian E. Lane sold 7,158 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $947.98, for a total value of $6,785,640.84. Following the sale, the insider owned 180,888 shares in the company, valued at approximately $171,478,206.24. This trade represents 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 90 days, insiders sold 26,028 shares of company stock worth $25,381,151. 1.59% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

FIX has been the subject of several research analyst reports. Zacks Research cut Comfort Systems USA from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 26th. Stifel Nicolaus lifted their price objective on shares of Comfort Systems USA from $1,155.00 to $1,196.00 and gave the company a “buy” rating in a research report on Monday. UBS Group upped their target price on shares of Comfort Systems USA from $875.00 to $1,140.00 and gave the stock a “buy” rating in a research report on Monday, October 27th. DA Davidson reaffirmed a “buy” rating and set a $1,200.00 target price on shares of Comfort Systems USA in a research note on Friday, December 19th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Comfort Systems USA in a research note on Wednesday, January 21st. Six investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,022.00.

Comfort Systems USA Trading Up 0.6%

Shares of FIX opened at $1,128.06 on Tuesday. The stock has a market capitalization of $39.79 billion, a PE ratio of 47.76 and a beta of 1.66. The company’s fifty day moving average is $994.74 and its 200 day moving average is $848.76. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.20 and a current ratio of 1.22. Comfort Systems USA, Inc. has a fifty-two week low of $276.44 and a fifty-two week high of $1,177.87.

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.