Bessemer Group Inc. Has $21.24 Million Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

Bessemer Group Inc. trimmed its position in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 8.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 66,854 shares of the construction company’s stock after selling 6,179 shares during the quarter. Bessemer Group Inc. owned 0.19% of Comfort Systems USA worth $21,240,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Edgestream Partners L.P. raised its stake in shares of Comfort Systems USA by 14.4% in the first quarter. Edgestream Partners L.P. now owns 5,238 shares of the construction company’s stock worth $1,664,000 after purchasing an additional 661 shares during the last quarter. Ontario Teachers Pension Plan Board purchased a new stake in Comfort Systems USA in the 1st quarter valued at $1,534,000. Acadian Asset Management LLC bought a new position in Comfort Systems USA during the 1st quarter valued at $23,122,000. Westfield Capital Management Co. LP boosted its holdings in Comfort Systems USA by 56.4% during the 1st quarter. Westfield Capital Management Co. LP now owns 667,036 shares of the construction company’s stock worth $211,924,000 after acquiring an additional 240,466 shares during the last quarter. Finally, Dorsey & Whitney Trust CO LLC purchased a new position in Comfort Systems USA during the 1st quarter worth $230,000. Institutional investors and hedge funds own 96.51% of the company’s stock.

Insiders Place Their Bets

In other news, Director Vance W. Tang sold 3,473 shares of the company’s stock in a transaction on Wednesday, June 5th. The stock was sold at an average price of $310.00, for a total transaction of $1,076,630.00. Following the transaction, the director now owns 8,198 shares of the company’s stock, valued at approximately $2,541,380. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, Director Vance W. Tang sold 3,473 shares of the business’s stock in a transaction dated Wednesday, June 5th. The stock was sold at an average price of $310.00, for a total value of $1,076,630.00. Following the sale, the director now directly owns 8,198 shares in the company, valued at approximately $2,541,380. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Vance W. Tang sold 988 shares of the stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $343.00, for a total transaction of $338,884.00. Following the transaction, the director now owns 11,173 shares of the company’s stock, valued at approximately $3,832,339. The disclosure for this sale can be found here. Insiders sold 7,961 shares of company stock valued at $2,622,664 over the last ninety days. 1.80% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Wednesday, June 19th.

Comfort Systems USA Stock Performance

Comfort Systems USA stock traded down $5.10 during mid-day trading on Thursday, reaching $294.78. 117,200 shares of the company’s stock were exchanged, compared to its average volume of 403,724. The firm has a market capitalization of $10.53 billion, a PE ratio of 29.69 and a beta of 1.15. Comfort Systems USA, Inc. has a one year low of $151.89 and a one year high of $352.45. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 0.06. The business’s fifty day simple moving average is $316.94 and its 200 day simple moving average is $292.53.

Comfort Systems USA (NYSE:FIX) last issued its quarterly earnings results on Thursday, April 25th. The construction company reported $2.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.26 by $0.43. Comfort Systems USA had a net margin of 6.51% and a return on equity of 28.65%. The company had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.48 billion. During the same quarter last year, the business posted $1.51 EPS. Comfort Systems USA’s quarterly revenue was up 30.8% compared to the same quarter last year. On average, sell-side analysts expect that Comfort Systems USA, Inc. will post 12.24 earnings per share for the current year.

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.