Legato Capital Management LLC Grows Position in Comfort Systems USA, Inc. (NYSE:FIX)

Legato Capital Management LLC grew its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 125.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,130 shares of the construction company's stock after purchasing an additional 1,740 shares during the period. Legato Capital Management LLC's holdings in Comfort Systems USA were worth $1,327,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Comfort Systems USA by 28.6% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 126 shares of the construction company's stock worth $53,000 after acquiring an additional 28 shares during the period. Dakota Wealth Management increased its holdings in shares of Comfort Systems USA by 3.8% in the 4th quarter. Dakota Wealth Management now owns 788 shares of the construction company's stock worth $334,000 after acquiring an additional 29 shares during the period. Covestor Ltd increased its holdings in shares of Comfort Systems USA by 7.1% in the 3rd quarter. Covestor Ltd now owns 465 shares of the construction company's stock worth $182,000 after acquiring an additional 31 shares during the period. Signaturefd LLC increased its holdings in shares of Comfort Systems USA by 9.3% in the 3rd quarter. Signaturefd LLC now owns 377 shares of the construction company's stock worth $147,000 after acquiring an additional 32 shares during the period. Finally, Trust Point Inc. increased its holdings in shares of Comfort Systems USA by 1.8% in the 4th quarter. Trust Point Inc. now owns 1,827 shares of the construction company's stock worth $775,000 after acquiring an additional 32 shares during the period. Institutional investors and hedge funds own 96.51% of the company's stock.

Comfort Systems USA Stock Performance

Shares of NYSE:FIX traded down $3.65 during trading on Friday, reaching $391.40. The stock had a trading volume of 368,546 shares, compared to its average volume of 474,194. Comfort Systems USA, Inc. has a 52 week low of $239.80 and a 52 week high of $553.09. The firm has a market capitalization of $13.93 billion, a price-to-earnings ratio of 29.95 and a beta of 1.22. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.04. The stock has a fifty day simple moving average of $452.91 and a two-hundred day simple moving average of $412.86.

Insider Activity

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

Wall Street Analyst Weigh In

A number of research firms recently weighed in on FIX. Stifel Nicolaus increased their price objective on shares of Comfort Systems USA from $524.00 to $577.00 and gave the stock a "buy" rating in a report on Friday, January 24th. 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 objective 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 report on Monday, December 9th. Finally, StockNews.com raised shares of Comfort Systems USA from a "hold" rating to a "buy" rating in a research report on Saturday. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $506.75.

Comfort Systems USA Company Profile

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.