Aigen Investment Management LP acquired a new stake in Comfort Systems USA, Inc. (NYSE:FIX – Get Rating) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 3,130 shares of the construction company’s stock, valued at approximately $360,000.
Other hedge funds also recently bought and sold shares of the company. Maryland State Retirement & Pension System grew its stake in shares of Comfort Systems USA by 0.6% in the fourth quarter. Maryland State Retirement & Pension System now owns 14,721 shares of the construction company’s stock valued at $1,694,000 after buying an additional 91 shares in the last quarter. Strs Ohio increased its stake in Comfort Systems USA by 0.9% during the fourth quarter. Strs Ohio now owns 11,700 shares of the construction company’s stock worth $1,346,000 after purchasing an additional 100 shares during the period. State of Alaska Department of Revenue lifted its position in shares of Comfort Systems USA by 0.5% during the fourth quarter. State of Alaska Department of Revenue now owns 24,901 shares of the construction company’s stock worth $2,865,000 after purchasing an additional 119 shares in the last quarter. Signaturefd LLC boosted its stake in shares of Comfort Systems USA by 34.7% in the third quarter. Signaturefd LLC now owns 474 shares of the construction company’s stock valued at $46,000 after purchasing an additional 122 shares during the period. Finally, Lazard Asset Management LLC grew its holdings in shares of Comfort Systems USA by 1.6% in the third quarter. Lazard Asset Management LLC now owns 8,591 shares of the construction company’s stock valued at $835,000 after purchasing an additional 137 shares in the last quarter. Hedge funds and other institutional investors own 94.26% of the company’s stock.
Insider Transactions at Comfort Systems USA
In related news, Director Vance W. Tang sold 2,500 shares of the company’s stock in a transaction that occurred on Monday, February 27th. The stock was sold at an average price of $147.00, for a total value of $367,500.00. Following the completion of the transaction, the director now directly owns 26,297 shares of the company’s stock, valued at $3,865,659. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Constance Ellen Skidmore sold 3,000 shares of the company’s stock in a transaction dated Friday, March 10th. The stock was sold at an average price of $143.03, for a total value of $429,090.00. Following the completion of the sale, the director now directly owns 24,722 shares of the company’s stock, valued at approximately $3,535,987.66. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Vance W. Tang sold 2,500 shares of the stock in a transaction that occurred on Monday, February 27th. The shares were sold at an average price of $147.00, for a total value of $367,500.00. Following the completion of the sale, the director now directly owns 26,297 shares of the company’s stock, valued at $3,865,659. The disclosure for this sale can be found here. Corporate insiders own 2.48% of the company’s stock.
Wall Street Analyst Weigh In
FIX has been the topic of a number of research reports. DA Davidson increased their target price on shares of Comfort Systems USA from $135.00 to $170.00 and gave the stock a “buy” rating in a report on Friday, February 24th. StockNews.com assumed coverage on Comfort Systems USA in a research note on Thursday, May 18th. They set a “buy” rating for the company.
Comfort Systems USA Stock Down 1.5 %
Shares of Comfort Systems USA stock opened at $144.84 on Thursday. The company has a quick ratio of 1.01, a current ratio of 1.04 and a debt-to-equity ratio of 0.19. Comfort Systems USA, Inc. has a 52-week low of $74.14 and a 52-week high of $156.19. The company has a market capitalization of $5.18 billion, a P/E ratio of 24.10 and a beta of 1.21. The company has a 50 day moving average of $141.56 and a 200 day moving average of $130.45.
Comfort Systems USA (NYSE:FIX – Get Rating) last released its quarterly earnings data on Wednesday, April 26th. The construction company reported $1.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.44. The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.10 billion. Comfort Systems USA had a net margin of 4.89% and a return on equity of 21.72%. The company’s revenue for the quarter was up 32.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.91 EPS. As a group, research analysts forecast that Comfort Systems USA, Inc. will post 6.79 EPS for the current fiscal year.
Comfort Systems USA Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 29th. Stockholders of record on Thursday, May 18th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Wednesday, May 17th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.55%. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.18. Comfort Systems USA’s dividend payout ratio is presently 13.31%.
Comfort Systems USA Profile
Comfort Systems USA, Inc engages in the provision of mechanical and electrical contracting services. It operates under the Mechanical and Electrical Services segments. The Mechanical Services segment includes heating, ventilation, and air conditioning, plumbing, piping, and controls, as well as off-site construction, monitoring, and fire protection.
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