Comfort Systems USA, Inc. (NYSE:FIX) Shares Purchased by Legato Capital Management LLC

Legato Capital Management LLC raised its stake in Comfort Systems USA, Inc. (NYSE:FIX) by 125.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,130 shares of the construction company’s stock after buying an additional 1,740 shares during the quarter. Legato Capital Management LLC’s holdings in Comfort Systems USA were worth $1,327,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. CWM LLC lifted its holdings in shares of Comfort Systems USA by 1,491.3% in the 3rd quarter. CWM LLC now owns 3,469 shares of the construction company’s stock worth $1,354,000 after acquiring an additional 3,251 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Comfort Systems USA in the third quarter valued at approximately $38,000. nVerses Capital LLC acquired a new position in Comfort Systems USA during the third quarter worth $898,000. V Square Quantitative Management LLC boosted its position in shares of Comfort Systems USA by 59.5% during the third quarter. V Square Quantitative Management LLC now owns 126 shares of the construction company’s stock worth $49,000 after buying an additional 47 shares during the period. Finally, Net Worth Advisory Group acquired a new stake in shares of Comfort Systems USA in the third quarter valued at $203,000. Hedge funds and other institutional investors own 96.51% of the company’s stock.

Insider Buying and Selling

In other news, COO T Mckenna Trent sold 4,000 shares of Comfort Systems USA stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $484.81, for a total transaction of $1,939,240.00. Following the completion of the sale, the chief operating officer now directly owns 23,990 shares of the company’s stock, valued at approximately $11,630,591.90. The trade was a 14.29 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.80% of the company’s stock.

Comfort Systems USA Price Performance

Shares of NYSE FIX opened at $398.45 on Thursday. The stock’s 50-day moving average is $459.13 and its two-hundred day moving average is $411.80. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02. The company has a market cap of $14.18 billion, a price-to-earnings ratio of 30.49 and a beta of 1.22. Comfort Systems USA, Inc. has a 1-year low of $233.09 and a 1-year high of $553.09.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. StockNews.com raised Comfort Systems USA from a “hold” rating to a “buy” rating in a research note on Thursday, February 6th. Northcoast Research started coverage on shares of Comfort Systems USA in a research report on Friday, November 22nd. They set a “buy” rating and a $525.00 price target on the stock. UBS Group raised their price objective on shares of Comfort Systems USA from $525.00 to $575.00 and gave the company a “buy” rating in a research note on Monday, December 9th. Finally, Stifel Nicolaus upped their target price on shares of Comfort Systems USA from $524.00 to $577.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $506.75.

About Comfort Systems USA

Comfort Systems USA, Inc, together with its subsidiaries, provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. It operates through two segments, Mechanical and Electrical. The company offers heating, ventilation, and air conditioning systems, as well as plumbing, electrical, piping and controls, off-site construction, monitoring, and fire protection.