Deutsche Bank AG boosted its holdings in Comfort Systems USA, Inc. (NYSE:FIX – Free Report) by 6.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,379 shares of the construction company’s stock after purchasing an additional 1,296 shares during the quarter. Deutsche Bank AG owned approximately 0.06% of Comfort Systems USA worth $3,643,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Skandinaviska Enskilda Banken AB publ bought a new position in shares of Comfort Systems USA during the 3rd quarter valued at approximately $119,000. UBS Group AG boosted its position in shares of Comfort Systems USA by 203.2% during the 3rd quarter. UBS Group AG now owns 21,249 shares of the construction company’s stock valued at $3,621,000 after acquiring an additional 14,241 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp bought a new position in shares of Comfort Systems USA during the 3rd quarter valued at approximately $11,729,000. State Board of Administration of Florida Retirement System boosted its position in shares of Comfort Systems USA by 0.6% during the 3rd quarter. State Board of Administration of Florida Retirement System now owns 10,115 shares of the construction company’s stock valued at $1,724,000 after acquiring an additional 60 shares during the last quarter. Finally, Chase Investment Counsel Corp boosted its position in shares of Comfort Systems USA by 2.0% during the 3rd quarter. Chase Investment Counsel Corp now owns 16,014 shares of the construction company’s stock valued at $2,728,000 after acquiring an additional 317 shares during the last quarter. 94.18% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research analysts have recently commented on FIX shares. UBS Group increased their target price on Comfort Systems USA from $208.00 to $254.00 and gave the company a “neutral” rating in a research report on Thursday, February 15th. KeyCorp began coverage on Comfort Systems USA in a report on Wednesday, January 10th. They set a “sector weight” rating on the stock.
Read Our Latest Research Report on Comfort Systems USA
Comfort Systems USA Stock Performance
NYSE:FIX opened at $278.78 on Friday. The stock’s fifty day moving average is $217.67 and its 200 day moving average is $193.76. Comfort Systems USA, Inc. has a fifty-two week low of $127.09 and a fifty-two week high of $292.41. The firm has a market capitalization of $9.96 billion, a PE ratio of 34.89 and a beta of 1.12. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.08 and a current ratio of 1.11.
Comfort Systems USA (NYSE:FIX – Get Free Report) last released its quarterly earnings results on Thursday, February 22nd. The construction company reported $2.55 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.40. Comfort Systems USA had a return on equity of 25.39% and a net margin of 5.78%. The company had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.33 billion. During the same quarter in the prior year, the firm posted $1.54 EPS. Comfort Systems USA’s quarterly revenue was up 21.5% compared to the same quarter last year.
Insiders Place Their Bets
In other Comfort Systems USA news, Director Constance Ellen Skidmore sold 3,000 shares of the stock in a transaction on Monday, December 11th. The stock was sold at an average price of $193.40, for a total value of $580,200.00. Following the sale, the director now owns 16,787 shares in the company, valued at $3,246,605.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other Comfort Systems USA news, Director Constance Ellen Skidmore sold 3,000 shares of the stock in a transaction on Monday, December 11th. The stock was sold at an average price of $193.40, for a total value of $580,200.00. Following the sale, the director now owns 16,787 shares in the company, valued at $3,246,605.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Rhoman J. Hardy purchased 784 shares of the business’s stock in a transaction dated Wednesday, December 6th. The shares were purchased at an average price of $191.32 per share, for a total transaction of $149,994.88. Following the purchase, the director now owns 1,287 shares of the company’s stock, valued at approximately $246,228.84. The disclosure for this purchase can be found here. Insiders own 2.48% of the company’s stock.
Comfort Systems USA Profile
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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