Diversified Trust Co raised its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX – Get Rating) by 157.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,419 shares of the construction company’s stock after buying an additional 3,925 shares during the quarter. Diversified Trust Co’s holdings in Comfort Systems USA were worth $739,000 as of its most recent SEC filing.
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A number of other large investors have also modified their holdings of FIX. Brown Brothers Harriman & Co. grew its holdings in shares of Comfort Systems USA by 2,814.3% during the first quarter. Brown Brothers Harriman & Co. now owns 408 shares of the construction company’s stock worth $36,000 after buying an additional 394 shares in the last quarter. Ronald Blue Trust Inc. boosted its position in shares of Comfort Systems USA by 64.0% during the 4th quarter. Ronald Blue Trust Inc. now owns 387 shares of the construction company’s stock valued at $38,000 after acquiring an additional 151 shares during the last quarter. Quadrant Capital Group LLC boosted its position in shares of Comfort Systems USA by 190.0% during the 3rd quarter. Quadrant Capital Group LLC now owns 435 shares of the construction company’s stock valued at $42,000 after acquiring an additional 285 shares during the last quarter. Signaturefd LLC boosted its position in shares of Comfort Systems USA by 34.7% during the 3rd quarter. Signaturefd LLC now owns 474 shares of the construction company’s stock valued at $46,000 after acquiring an additional 122 shares during the last quarter. Finally, Lazard Asset Management LLC boosted its position in shares of Comfort Systems USA by 60.8% during the 1st quarter. Lazard Asset Management LLC now owns 857 shares of the construction company’s stock valued at $76,000 after acquiring an additional 324 shares during the last quarter. Hedge funds and other institutional investors own 94.26% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on FIX shares. StockNews.com started coverage on shares of Comfort Systems USA in a research report on Thursday, March 16th. They set a “buy” rating on the stock. DA Davidson boosted their price target on shares of Comfort Systems USA from $135.00 to $170.00 and gave the company a “buy” rating in a research report on Friday, February 24th.
Insider Buying and Selling at Comfort Systems USA
In other Comfort Systems USA news, Director Vance W. Tang sold 2,500 shares of the company’s stock in a transaction dated Monday, February 27th. The shares were sold at an average price of $147.00, for a total value of $367,500.00. Following the transaction, the director now owns 26,297 shares of the company’s stock, valued at $3,865,659. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other news, Director Vance W. Tang sold 2,500 shares of the stock in a transaction dated Monday, February 27th. The shares were sold at an average price of $147.00, for a total transaction of $367,500.00. Following the sale, the director now 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 can be accessed through the SEC website. Also, Director Constance Ellen Skidmore sold 3,000 shares of the stock in a transaction dated Friday, March 10th. The stock was sold at an average price of $143.03, for a total transaction of $429,090.00. Following the sale, the director now directly owns 24,722 shares in the company, valued at approximately $3,535,987.66. The disclosure for this sale can be found here. 2.48% of the stock is currently owned by corporate insiders.
Comfort Systems USA Trading Up 1.6 %
NYSE FIX opened at $137.89 on Friday. The firm’s 50-day moving average is $130.60 and its two-hundred day moving average is $119.37. Comfort Systems USA, Inc. has a 12 month low of $74.14 and a 12 month high of $152.13. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.12 and a quick ratio of 1.09. The stock has a market capitalization of $4.93 billion, a P/E ratio of 20.22 and a beta of 1.22.
Comfort Systems USA (NYSE:FIX – Get Rating) last posted its earnings results on Wednesday, February 22nd. The construction company reported $1.54 EPS for the quarter, beating analysts’ consensus estimates of $1.37 by $0.17. Comfort Systems USA had a net margin of 5.94% and a return on equity of 20.47%. The company had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.07 billion. During the same quarter in the prior year, the company posted $1.04 earnings per share. Comfort Systems USA’s revenue for the quarter was up 30.5% compared to the same quarter last year. On average, sell-side analysts anticipate that Comfort Systems USA, Inc. will post 6.35 earnings per share for the current year.
Comfort Systems USA Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, March 21st. Shareholders of record on Friday, March 10th were given a $0.175 dividend. The ex-dividend date was Thursday, March 9th. This represents a $0.70 dividend on an annualized basis and a yield of 0.51%. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.15. Comfort Systems USA’s dividend payout ratio is presently 10.26%.
Comfort Systems USA Company 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.
Further Reading
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