SteelPeak Wealth LLC Invests $681,000 in Comfort Systems USA, Inc. (NYSE:FIX)

SteelPeak Wealth LLC acquired a new position in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,605 shares of the construction company's stock, valued at approximately $681,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vaughan Nelson Investment Management L.P. bought a new stake in shares of Comfort Systems USA in the 3rd quarter worth about $138,987,000. Jennison Associates LLC lifted its holdings in shares of Comfort Systems USA by 6,071.6% in the 3rd quarter. Jennison Associates LLC now owns 176,570 shares of the construction company's stock worth $68,924,000 after acquiring an additional 173,709 shares during the last quarter. Natixis Advisors LLC lifted its holdings in shares of Comfort Systems USA by 871.4% in the 3rd quarter. Natixis Advisors LLC now owns 132,693 shares of the construction company's stock worth $51,797,000 after acquiring an additional 119,033 shares during the last quarter. EULAV Asset Management lifted its holdings in shares of Comfort Systems USA by 80.0% in the 3rd quarter. EULAV Asset Management now owns 145,103 shares of the construction company's stock worth $56,641,000 after acquiring an additional 64,500 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Comfort Systems USA by 6.8% in the 3rd quarter. Geode Capital Management LLC now owns 748,128 shares of the construction company's stock worth $292,093,000 after acquiring an additional 47,929 shares during the last quarter. 96.51% of the stock is owned by hedge funds and other institutional investors.

Comfort Systems USA Trading Down 2.2 %

NYSE FIX traded down $9.53 during trading on Monday, hitting $427.22. The stock had a trading volume of 335,168 shares, compared to its average volume of 489,719. Comfort Systems USA, Inc. has a twelve month low of $220.99 and a twelve month high of $553.09. The company has a market capitalization of $15.20 billion, a PE ratio of 32.69 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 firm has a 50 day moving average price of $465.58 and a 200 day moving average price of $404.94.

Wall Street Analyst Weigh In

A number of research analysts have commented on FIX shares. UBS Group raised their target price 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. Stifel Nicolaus lifted their price objective on shares of Comfort Systems USA from $524.00 to $577.00 and gave the stock a "buy" rating in a research report on Friday, January 24th. Northcoast Research started coverage on shares of Comfort Systems USA in a research report on Friday, November 22nd. They issued a "buy" rating and a $525.00 price objective on the stock. Finally, StockNews.com cut shares of Comfort Systems USA from a "buy" rating to a "hold" rating in a research note on Thursday, January 9th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Comfort Systems USA presently has an average rating of "Moderate Buy" and a consensus target price of $506.75.

Insider Activity at Comfort Systems USA

In other news, Director Pablo G. Mercado sold 2,500 shares of the company's stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $409.46, for a total transaction of $1,023,650.00. Following the completion of the sale, the director now owns 9,036 shares in the company, valued at $3,699,880.56. This represents a 21.67 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO T Mckenna Trent sold 4,000 shares of the company's stock in a transaction that occurred on Friday, November 22nd. The stock was 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 $11,630,591.90. This trade represents a 14.29 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 21,500 shares of company stock valued at $9,696,090 over the last three months. 1.80% of the stock is owned by corporate insiders.

Comfort Systems USA 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.