Baader Bank Aktiengesellschaft Takes $626,000 Position in Comfort Systems USA, Inc. $FIX

Baader Bank Aktiengesellschaft bought a new position in shares of Comfort Systems USA, Inc. (NYSE:FIX) in the third quarter, HoldingsChannel reports. The firm bought 759 shares of the construction company’s stock, valued at approximately $626,000.

A number of other institutional investors have also recently bought and sold shares of FIX. Private Client Services LLC grew its position in shares of 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 valued at $2,254,000 after acquiring an additional 2,354 shares during the period. Brown Advisory Inc. lifted 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 valued at $8,863,000 after purchasing an additional 15,831 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Comfort Systems USA by 19.2% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 15,277 shares of the construction company’s stock valued at $12,474,000 after purchasing an additional 2,461 shares during the last quarter. Triasima Portfolio Management inc. bought a new position in Comfort Systems USA during the third quarter worth about $2,392,000. Finally, Ameritas Advisory Services LLC acquired a new position in Comfort Systems USA during the second quarter worth approximately $27,000. Institutional investors own 96.51% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. UBS Group reaffirmed 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. Stifel Nicolaus increased their price target on Comfort Systems USA from $1,155.00 to $1,196.00 and gave the company a “buy” rating in a research note on Monday, January 26th. DA Davidson reaffirmed a “buy” rating and set a $1,200.00 price objective on shares of Comfort Systems USA in a research report on Friday, December 19th. Zacks Research downgraded shares of Comfort Systems USA from a “strong-buy” rating to a “hold” rating in a report on Friday, December 26th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Comfort Systems USA in a research report on Wednesday, January 21st. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,064.50.

Insiders Place Their Bets

In other Comfort Systems USA news, SVP Laura Finley Howell sold 1,000 shares of the business’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $996.16, for a total value of $996,160.00. Following the completion of the sale, the senior vice president owned 7,938 shares of the company’s stock, valued at $7,907,518.08. The trade was a 11.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO William George III sold 4,370 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $958.88, for a total transaction of $4,190,305.60. Following the transaction, the chief financial officer owned 39,824 shares in the company, valued at approximately $38,186,437.12. The trade was a 9.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 12,528 shares of company stock worth $11,972,106 in the last quarter. 1.59% of the stock is currently owned by corporate insiders.

Comfort Systems USA Stock Up 5.2%

FIX opened at $1,335.64 on Thursday. The stock has a fifty day moving average of $1,057.24 and a 200-day moving average of $900.53. The company has a market capitalization of $47.11 billion, a P/E ratio of 56.55 and a beta of 1.67. Comfort Systems USA, Inc. has a fifty-two week low of $276.44 and a fifty-two 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.

About Comfort Systems USA

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.