Comfort Systems USA, Inc. $FIX Shares Sold by TimesSquare Capital Management LLC

TimesSquare Capital Management LLC reduced its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 97.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 1,645 shares of the construction company’s stock after selling 60,065 shares during the period. TimesSquare Capital Management LLC’s holdings in Comfort Systems USA were worth $1,357,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Toth Financial Advisory Corp acquired a new position in Comfort Systems USA in the 3rd quarter valued at about $25,000. Quent Capital LLC purchased a new position in shares of Comfort Systems USA in the 3rd quarter valued at approximately $25,000. Eastern Bank purchased a new position in shares of Comfort Systems USA in the 3rd quarter valued at approximately $31,000. Avion Wealth increased its holdings in shares of Comfort Systems USA by 1,800.0% in the third quarter. Avion Wealth now owns 57 shares of the construction company’s stock valued at $47,000 after purchasing an additional 54 shares during the period. Finally, Hazlett Burt & Watson Inc. purchased a new stake in shares of Comfort Systems USA during the third quarter worth approximately $83,000. 96.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on FIX. Stifel Nicolaus increased their price target on Comfort Systems USA from $1,155.00 to $1,196.00 and gave the stock a “buy” rating in a report on Monday, January 26th. Weiss Ratings restated a “buy (b)” rating on shares of Comfort Systems USA in a research note on Wednesday, January 21st. DA Davidson reiterated a “buy” rating and set a $1,200.00 price target on shares of Comfort Systems USA in a research note on Friday, December 19th. UBS Group reissued a “buy” rating and set a $1,310.00 price target on shares of Comfort Systems USA in a report on Monday, February 2nd. Finally, Wall Street Zen lowered Comfort Systems USA from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 3rd. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,064.50.

Insider Buying and Selling at Comfort Systems USA

In other Comfort Systems USA news, CFO William George III sold 4,370 shares of the business’s stock in a transaction 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 sale, the chief financial officer directly owned 39,824 shares in the company, valued at approximately $38,186,437.12. The trade was a 9.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Brian E. Lane sold 7,158 shares of the company’s stock in a transaction 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 completion of the sale, the insider directly owned 180,888 shares in the company, valued at $171,478,206.24. This trade represents a 3.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 12,528 shares of company stock valued at $11,972,106. Corporate insiders own 1.59% of the company’s stock.

Comfort Systems USA Stock Performance

Shares of FIX opened at $1,339.38 on Monday. The company has a quick ratio of 1.20, a current ratio of 1.22 and a debt-to-equity ratio of 0.06. Comfort Systems USA, Inc. has a 52-week low of $276.44 and a 52-week high of $1,399.00. The company has a 50-day simple moving average of $1,069.97 and a 200-day simple moving average of $910.79. The company has a market capitalization of $47.24 billion, a PE ratio of 56.71 and a beta of 1.67.

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.