Mitsubishi UFJ Trust & Banking Corp Has $11.17 Million Stock Position in Comfort Systems USA, Inc. $FIX

Mitsubishi UFJ Trust & Banking Corp lowered its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 26.0% during the third quarter, HoldingsChannel reports. The fund owned 13,537 shares of the construction company’s stock after selling 4,764 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Comfort Systems USA were worth $11,170,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of FIX. Toth Financial Advisory Corp acquired a new stake in Comfort Systems USA in the 3rd quarter worth $25,000. Quent Capital LLC bought a new stake in shares of Comfort Systems USA in the third quarter valued at about $25,000. Ameritas Advisory Services LLC acquired a new stake in Comfort Systems USA during the second quarter worth about $27,000. Eastern Bank bought a new position in Comfort Systems USA during the third quarter valued at about $31,000. Finally, Avion Wealth increased its stake in Comfort Systems USA by 1,800.0% during the third quarter. Avion Wealth now owns 57 shares of the construction company’s stock valued at $47,000 after acquiring an additional 54 shares during the period. 96.51% of the stock is owned by institutional investors.

Comfort Systems USA Stock Up 0.7%

Shares of NYSE FIX opened at $1,168.49 on Thursday. Comfort Systems USA, Inc. has a 52-week low of $276.44 and a 52-week high of $1,179.00. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.20 and a current ratio of 1.22. The business has a fifty day moving average of $1,004.30 and a two-hundred day moving average of $855.32. The stock has a market cap of $41.21 billion, a PE ratio of 49.47 and a beta of 1.66.

Analysts Set New Price Targets

FIX has been the topic of several recent research reports. DA Davidson reissued a “buy” rating and set a $1,200.00 price objective on shares of Comfort Systems USA in a report on Friday, December 19th. Stifel Nicolaus raised their target price 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. Weiss Ratings reissued a “buy (b)” rating on shares of Comfort Systems USA in a report on Wednesday, January 21st. Zacks Research cut shares of Comfort Systems USA from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 26th. Finally, UBS Group lifted their target price on shares of Comfort Systems USA from $875.00 to $1,140.00 and gave the company a “buy” rating in a research report on Monday, October 27th. Six equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Comfort Systems USA has an average rating of “Moderate Buy” and an average price target of $1,022.00.

Insider Activity

In other news, Director Darcy Anderson sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $958.72, for a total transaction of $3,834,880.00. Following the completion of the sale, the director owned 22,535 shares of the company’s stock, valued at approximately $21,604,755.20. This trade represents a 15.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Brian E. Lane sold 7,158 shares of the business’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 value of $6,785,640.84. Following the completion of the transaction, the insider directly owned 180,888 shares in the company, valued at $171,478,206.24. The trade was a 3.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 16,528 shares of company stock valued at $15,806,986. Company insiders own 1.59% of the company’s stock.

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.