Caprock Group LLC Buys New Shares in Comfort Systems USA, Inc. $FIX

Caprock Group LLC purchased a new stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 566 shares of the construction company’s stock, valued at approximately $467,000.

Several other large investors have also recently added to or reduced their stakes in FIX. Private Client Services LLC raised its holdings in shares of Comfort Systems USA by 624.4% in the third 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. increased its position 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 valued at $8,863,000 after acquiring an additional 15,831 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of 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 worth $12,474,000 after acquiring an additional 2,461 shares during the last quarter. Triasima Portfolio Management inc. acquired a new position in shares of Comfort Systems USA during the third quarter worth approximately $2,392,000. Finally, Calamos Advisors LLC bought a new stake in shares of Comfort Systems USA during the third quarter valued at approximately $1,527,000. Institutional investors and hedge funds own 96.51% of the company’s stock.

Comfort Systems USA Stock Performance

FIX stock opened at $1,335.58 on Wednesday. Comfort Systems USA, Inc. has a twelve month low of $276.44 and a twelve month high of $1,399.00. The company has a quick ratio of 1.20, a current ratio of 1.22 and a debt-to-equity ratio of 0.06. The company has a market cap of $47.11 billion, a P/E ratio of 56.54 and a beta of 1.67. The business’s fifty day moving average is $1,084.08 and its 200-day moving average is $919.77.

Analyst Ratings Changes

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

Insider Buying and Selling at Comfort Systems USA

In related news, SVP Laura Finley Howell sold 1,000 shares of the stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $996.16, for a total value of $996,160.00. Following the sale, the senior vice president directly owned 7,938 shares in the company, valued at $7,907,518.08. This trade represents a 11.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Brian E. Lane sold 7,158 shares of Comfort Systems USA 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 in the company, valued at $171,478,206.24. The trade was a 3.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 12,528 shares of company stock valued at $11,972,106. 1.59% of the stock is currently owned by company insiders.

Comfort Systems USA Company 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.