EULAV Asset Management Has $4.58 Million Position in Comfort Systems USA, Inc. (NYSE:FIX)
EULAV Asset Management increased its position in Comfort Systems USA, Inc. (NYSE:FIX – Free Report) by 182.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 31,400 shares of the construction company’s stock after purchasing an additional 20,300 shares during the quarter. EULAV Asset Management owned approximately 0.09% of Comfort Systems USA worth $4,583,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of FIX. Citigroup Inc. lifted its position 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 buying an additional 1,224 shares during the last quarter. Natixis Advisors L.P. boosted 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 worth $1,558,000 after purchasing an additional 1,333 shares during the period. Bank of Montreal Can increased its holdings in shares of Comfort Systems USA by 35.3% in the first quarter. Bank of Montreal Can now owns 24,736 shares of the construction company’s stock valued at $2,229,000 after purchasing an additional 6,454 shares during the last quarter. MetLife Investment Management LLC raised its position in shares of 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 valued at $1,721,000 after purchasing an additional 6,837 shares during the period. Finally, Rhumbline Advisers lifted its stake in shares of Comfort Systems USA by 6.5% during the 1st quarter. Rhumbline Advisers now owns 88,387 shares of the construction company’s stock worth $7,867,000 after buying an additional 5,394 shares during the last quarter. 94.51% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research analysts recently commented on the stock. StockNews.com started coverage on shares of Comfort Systems USA in a research note on Thursday, May 18th. They issued a “buy” rating on the stock. UBS Group started coverage on Comfort Systems USA in a research report on Thursday, June 1st. They issued a “neutral” rating and a $162.00 target price on the stock.
Comfort Systems USA Stock Performance
Shares of Comfort Systems USA stock traded down $2.51 during trading on Friday, reaching $163.65. The company’s stock had a trading volume of 44,440 shares, compared to its average volume of 255,370. Comfort Systems USA, Inc. has a 52 week low of $83.99 and a 52 week high of $167.88. The firm has a market cap of $5.85 billion, a PE ratio of 27.26 and a beta of 1.21. The business’s 50-day moving average price is $156.67 and its 200-day moving average price is $139.74. 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 (NYSE:FIX – Get Free Report) last announced its earnings results on Wednesday, April 26th. The construction company reported $1.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.07 by $0.44. Comfort Systems USA had a net margin of 4.89% and a return on equity of 21.72%. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.10 billion. During the same quarter in the prior year, the business posted $0.91 EPS. The business’s revenue was up 32.7% compared to the same quarter last year. Equities analysts forecast that Comfort Systems USA, Inc. will post 6.79 earnings per share for the current year.
Comfort Systems USA Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, May 29th. Shareholders of record on Thursday, May 18th were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.49%. The ex-dividend date of this dividend was Wednesday, May 17th. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.18. Comfort Systems USA’s dividend payout ratio (DPR) is 13.31%.
Insider Buying and Selling at Comfort Systems USA
In related news, Director Constance Ellen Skidmore sold 3,000 shares of the firm’s stock in a transaction on Monday, June 12th. The stock was sold at an average price of $159.94, for a total value of $479,820.00. Following the transaction, the director now owns 22,787 shares in the company, valued at $3,644,552.78. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.48% of the company’s stock.
Comfort Systems USA Company 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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