Comfort Systems USA, Inc. $FIX Shares Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. increased its holdings in Comfort Systems USA, Inc. (NYSE:FIX) by 2,460.1% in the third quarter, HoldingsChannel.com reports. The firm owned 4,429 shares of the construction company’s stock after buying an additional 4,256 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Comfort Systems USA were worth $3,655,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of FIX. Belpointe Asset Management LLC raised its position in Comfort Systems USA by 1.0% during the third quarter. Belpointe Asset Management LLC now owns 1,256 shares of the construction company’s stock worth $1,036,000 after acquiring an additional 13 shares during the period. Wedmont Private Capital raised its position in shares of Comfort Systems USA by 3.8% during the 3rd quarter. Wedmont Private Capital now owns 497 shares of the construction company’s stock worth $406,000 after purchasing an additional 18 shares during the last quarter. Ballentine Partners LLC raised its position in shares of Comfort Systems USA by 2.2% during the 3rd quarter. Ballentine Partners LLC now owns 898 shares of the construction company’s stock worth $741,000 after purchasing an additional 19 shares during the last quarter. Archer Investment Corp lifted its stake in Comfort Systems USA by 8.0% in the 2nd quarter. Archer Investment Corp now owns 270 shares of the construction company’s stock valued at $145,000 after buying an additional 20 shares in the last quarter. Finally, Transce3nd LLC boosted its holdings in Comfort Systems USA by 12.9% in the 2nd quarter. Transce3nd LLC now owns 192 shares of the construction company’s stock worth $104,000 after buying an additional 22 shares during the last quarter. Hedge funds and other institutional investors own 96.51% of the company’s stock.

Insider Activity

In other news, insider Brian E. Lane sold 7,158 shares of the stock in a transaction 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 completion of the transaction, the insider directly owned 180,888 shares in the company, valued at approximately $171,478,206.24. This represents a 3.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 transaction of $996,160.00. Following the completion of the sale, the senior vice president owned 7,938 shares in the company, valued at approximately $7,907,518.08. This trade represents a 11.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 12,528 shares of company stock valued at $11,972,106 in the last quarter. Insiders own 1.59% of the company’s stock.

Comfort Systems USA Stock Up 2.9%

Shares of NYSE FIX opened at $1,175.25 on Tuesday. Comfort Systems USA, Inc. has a 1 year low of $276.44 and a 1 year high of $1,200.32. The company has a market capitalization of $41.45 billion, a P/E ratio of 49.76 and a beta of 1.67. The company has a 50 day simple moving average of $1,019.80 and a 200-day simple moving average of $870.54. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.22 and a quick ratio of 1.20.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Stifel Nicolaus raised their target price on Comfort Systems USA from $1,155.00 to $1,196.00 and gave the company a “buy” rating in a research report on Monday, January 26th. Weiss Ratings reaffirmed 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 issued a $1,200.00 target price on shares of Comfort Systems USA in a research report on Friday, December 19th. UBS Group restated a “buy” rating and set a $1,310.00 price target on shares of Comfort Systems USA in a research report on Monday. Finally, Wall Street Zen cut 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 stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $1,064.50.

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.