Anderson Hoagland & Co. Has $2.80 Million Holdings in Comfort Systems USA, Inc. (NYSE:FIX)
Anderson Hoagland & Co. lifted its position in shares of Comfort Systems USA, Inc. (NYSE:FIX – Free Report) by 4.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,047 shares of the construction company’s stock after purchasing an additional 802 shares during the quarter. Anderson Hoagland & Co.’s holdings in Comfort Systems USA were worth $2,799,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Citigroup Inc. raised its holdings in shares of Comfort Systems USA by 3.4% in the first quarter. Citigroup Inc. now owns 37,197 shares of the construction company’s stock valued at $3,311,000 after purchasing an additional 1,224 shares during the last quarter. Natixis Advisors L.P. grew its position in Comfort Systems USA by 8.2% during the first quarter. Natixis Advisors L.P. now owns 17,505 shares of the construction company’s stock valued at $1,558,000 after buying an additional 1,333 shares during the period. Bank of Montreal Can increased its holdings in Comfort Systems USA by 35.3% during the first quarter. Bank of Montreal Can now owns 24,736 shares of the construction company’s stock worth $2,229,000 after buying an additional 6,454 shares during the last quarter. MetLife Investment Management LLC raised its position in Comfort Systems USA by 54.7% in the first quarter. MetLife Investment Management LLC now owns 19,337 shares of the construction company’s stock worth $1,721,000 after acquiring an additional 6,837 shares during the period. Finally, Rhumbline Advisers boosted its stake in Comfort Systems USA by 6.5% in the first quarter. Rhumbline Advisers now owns 88,387 shares of the construction company’s stock valued at $7,867,000 after acquiring an additional 5,394 shares during the last quarter. 94.18% of the stock is currently owned by institutional investors.
Insider Transactions at Comfort Systems USA
In other Comfort Systems USA news, Director Constance Ellen Skidmore sold 3,000 shares of the stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of $187.66, for a total value of $562,980.00. Following the completion of the sale, the director now owns 19,787 shares in the company, valued at approximately $3,713,228.42. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other Comfort Systems USA news, Director Constance Ellen Skidmore sold 3,000 shares of the company’s stock in a transaction on Monday, September 11th. The shares were sold at an average price of $187.66, for a total value of $562,980.00. Following the completion of the transaction, the director now directly owns 19,787 shares in the company, valued at approximately $3,713,228.42. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Franklin Myers sold 30,000 shares of Comfort Systems USA stock in a transaction dated Thursday, August 31st. The shares were sold at an average price of $184.85, for a total transaction of $5,545,500.00. Following the sale, the chairman now directly owns 120,065 shares in the company, valued at approximately $22,194,015.25. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 42,594 shares of company stock worth $7,857,591. Company insiders own 2.48% of the company’s stock.
Comfort Systems USA Price Performance
Shares of FIX stock traded down $3.50 during trading hours on Friday, hitting $185.15. 217,550 shares of the company’s stock were exchanged, compared to its average volume of 249,726. Comfort Systems USA, Inc. has a 12-month low of $95.28 and a 12-month high of $192.33. The company has a market capitalization of $6.62 billion, a PE ratio of 27.87 and a beta of 1.18. The business’s 50 day simple moving average is $176.37 and its 200-day simple moving average is $157.62. The company has a current ratio of 1.01, a quick ratio of 0.98 and a debt-to-equity ratio of 0.12.
Comfort Systems USA (NYSE:FIX – Get Free Report) last released its earnings results on Wednesday, July 26th. The construction company reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.64 by $0.29. The company had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.22 billion. Comfort Systems USA had a return on equity of 23.24% and a net margin of 5.17%. Comfort Systems USA’s revenue for the quarter was up 27.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.17 EPS. On average, equities research analysts anticipate that Comfort Systems USA, Inc. will post 7.51 earnings per share for the current year.
Comfort Systems USA Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, August 28th. Shareholders of record on Thursday, August 17th were given a $0.225 dividend. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Wednesday, August 16th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.49%. Comfort Systems USA’s payout ratio is presently 13.29%.
Analyst Ratings Changes
A number of research analysts have recently commented on FIX shares. UBS Group assumed coverage on Comfort Systems USA in a research report on Thursday, June 1st. They set a “neutral” rating and a $162.00 price target on the stock. DA Davidson increased their target price on shares of Comfort Systems USA from $175.00 to $190.00 and gave the stock a “buy” rating in a research report on Friday, July 28th. Finally, StockNews.com started coverage on shares of Comfort Systems USA in a research report on Thursday, August 17th. They issued a “buy” rating on the stock.
Get Our Latest Analysis on FIX
About Comfort Systems USA
Comfort Systems USA, Inc provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. It engages in the design, engineering, integration, installation, and start-up of mechanical, electrical, and plumbing (MEP) systems; and renovation, expansion, maintenance, monitoring, repair, and replacement of existing buildings.
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