Chicago Partners Investment Group LLC Has $350,000 Position in Comfort Systems USA, Inc. $FIX

Chicago Partners Investment Group LLC raised its position in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 30.1% during the 2nd quarter, Holdings Channel.com reports. The firm owned 639 shares of the construction company’s stock after acquiring an additional 148 shares during the period. Chicago Partners Investment Group LLC’s holdings in Comfort Systems USA were worth $350,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in FIX. Vanguard Group Inc. grew its holdings in shares of Comfort Systems USA by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 3,802,542 shares of the construction company’s stock valued at $1,225,673,000 after acquiring an additional 21,847 shares in the last quarter. Westfield Capital Management Co. LP increased its position in Comfort Systems USA by 0.5% during the first quarter. Westfield Capital Management Co. LP now owns 889,639 shares of the construction company’s stock worth $286,757,000 after buying an additional 4,512 shares during the last quarter. Jones Financial Companies Lllp increased its position in Comfort Systems USA by 2,872,410.3% during the first quarter. Jones Financial Companies Lllp now owns 833,028 shares of the construction company’s stock worth $268,510,000 after buying an additional 832,999 shares during the last quarter. AQR Capital Management LLC increased its position in Comfort Systems USA by 106.4% during the first quarter. AQR Capital Management LLC now owns 530,428 shares of the construction company’s stock worth $165,228,000 after buying an additional 273,453 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in Comfort Systems USA by 36.4% during the first quarter. JPMorgan Chase & Co. now owns 519,437 shares of the construction company’s stock valued at $167,430,000 after acquiring an additional 138,541 shares during the period. 96.51% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Brian E. Lane sold 10,000 shares of the business’s stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $691.74, for a total value of $6,917,400.00. Following the completion of the transaction, the insider owned 188,046 shares of the company’s stock, valued at $130,078,940.04. The trade was a 5.05% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Julie Shaeff sold 1,369 shares of the business’s stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $704.50, for a total transaction of $964,460.50. Following the completion of the transaction, the chief accounting officer directly owned 16,023 shares of the company’s stock, valued at $11,288,203.50. This trade represents a 7.87% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 26,783 shares of company stock worth $18,710,798. Corporate insiders own 1.59% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on FIX. Wall Street Zen upgraded shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a report on Saturday, July 26th. William Blair initiated coverage on shares of Comfort Systems USA in a research note on Thursday, September 11th. They set an “outperform” rating for the company. Stifel Nicolaus raised their price target on shares of Comfort Systems USA from $746.00 to $917.00 and gave the stock a “buy” rating in a research note on Monday, October 13th. DA Davidson lifted their target price on shares of Comfort Systems USA from $630.00 to $810.00 and gave the company a “buy” rating in a research note on Monday, July 28th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Comfort Systems USA in a research report on Wednesday, October 8th. Six research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Comfort Systems USA has a consensus rating of “Moderate Buy” and a consensus target price of $735.80.

Comfort Systems USA Stock Performance

FIX stock opened at $828.28 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.13 and a quick ratio of 1.10. The company has a 50 day moving average price of $770.78 and a 200 day moving average price of $594.08. Comfort Systems USA, Inc. has a fifty-two week low of $276.44 and a fifty-two week high of $861.77. The stock has a market capitalization of $29.22 billion, a PE ratio of 42.56 and a beta of 1.58.

Comfort Systems USA (NYSE:FIX) last posted its quarterly earnings data on Monday, August 15th. The construction company reported $0.90 earnings per share for the quarter. Comfort Systems USA had a net margin of 9.01% and a return on equity of 39.33%. The firm had revenue of $713.90 million during the quarter. Analysts forecast that Comfort Systems USA, Inc. will post 16.85 EPS for the current year.

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.