Comfort Systems USA, Inc. $FIX Shares Acquired by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lifted its position in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 7.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 8,880 shares of the construction company’s stock after purchasing an additional 593 shares during the period. Thrivent Financial for Lutherans’ holdings in Comfort Systems USA were worth $7,328,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Norges Bank purchased a new stake in Comfort Systems USA during the 2nd quarter worth about $256,998,000. AQR Capital Management LLC lifted its stake in Comfort Systems USA by 47.5% during the second quarter. AQR Capital Management LLC now owns 782,435 shares of the construction company’s stock worth $419,049,000 after purchasing an additional 252,007 shares during the last quarter. Artisan Partners Limited Partnership acquired a new position in Comfort Systems USA in the second quarter valued at approximately $114,551,000. AMF Tjanstepension AB acquired a new position in Comfort Systems USA in the third quarter valued at approximately $156,183,000. Finally, Third Point LLC purchased a new position in Comfort Systems USA in the second quarter valued at approximately $99,199,000. Hedge funds and other institutional investors own 96.51% of the company’s stock.

Insider Buying and Selling

In other Comfort Systems USA news, 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 value of $6,785,640.84. Following the transaction, the insider directly owned 180,888 shares in the company, valued at approximately $171,478,206.24. This trade represents a 3.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO William George III sold 4,370 shares of the company’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $958.88, for a total value of $4,190,305.60. Following the sale, the chief financial officer owned 39,824 shares of the company’s stock, valued at $38,186,437.12. This trade represents a 9.89% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 12,528 shares of company stock valued at $11,972,106 over the last quarter. 1.59% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. DA Davidson restated 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. Stifel Nicolaus lifted their price target on shares of Comfort Systems USA from $1,155.00 to $1,196.00 and gave the stock a “buy” rating in a research note on Monday, January 26th. Zacks Research downgraded shares of Comfort Systems USA from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 26th. UBS Group reaffirmed a “buy” rating and set a $1,310.00 price objective on shares of Comfort Systems USA in a report on Monday. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Comfort Systems USA in a report on Wednesday, January 21st. Six research 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 currently has a consensus rating of “Moderate Buy” and an average target price of $1,064.50.

Comfort Systems USA Trading Up 2.2%

Shares of Comfort Systems USA stock opened at $1,144.30 on Friday. 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 company has a market capitalization of $40.36 billion, a P/E ratio of 48.45 and a beta of 1.67. Comfort Systems USA, Inc. has a 1 year low of $276.44 and a 1 year high of $1,220.00. The company’s fifty day moving average is $1,031.34 and its two-hundred day moving average is $878.71.

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.