Townsquare Capital LLC lifted its holdings in Comfort Systems USA, Inc. (NYSE:FIX – Get Rating) by 33.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,147 shares of the construction company’s stock after acquiring an additional 4,092 shares during the period. Townsquare Capital LLC’s holdings in Comfort Systems USA were worth $1,858,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently made changes to their positions in the business. Benjamin Edwards Inc. bought a new position in Comfort Systems USA during the fourth quarter valued at approximately $30,000. Brown Brothers Harriman & Co. boosted its stake in 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 valued at $36,000 after buying an additional 394 shares during the last quarter. Ronald Blue Trust Inc. boosted its stake in Comfort Systems USA by 64.0% during the fourth quarter. Ronald Blue Trust Inc. now owns 387 shares of the construction company’s stock valued at $38,000 after buying an additional 151 shares during the last quarter. Quadrant Capital Group LLC boosted its stake in Comfort Systems USA by 190.0% during the third quarter. Quadrant Capital Group LLC now owns 435 shares of the construction company’s stock valued at $42,000 after buying an additional 285 shares during the last quarter. Finally, Signaturefd LLC boosted its stake in Comfort Systems USA by 34.7% during the third quarter. Signaturefd LLC now owns 474 shares of the construction company’s stock valued at $46,000 after buying an additional 122 shares during the last quarter. Institutional investors own 94.26% of the company’s stock.
Comfort Systems USA Trading Down 0.1 %
Shares of FIX stock opened at $158.04 on Friday. Comfort Systems USA, Inc. has a 1 year low of $74.14 and a 1 year high of $161.94. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.04 and a quick ratio of 1.01. The stock’s 50 day simple moving average is $144.70 and its two-hundred day simple moving average is $133.02. The company has a market cap of $5.65 billion, a PE ratio of 26.30 and a beta of 1.21.
Comfort Systems USA (NYSE:FIX – Get Rating) last issued its quarterly earnings data on Wednesday, April 26th. The construction company reported $1.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.07 by $0.44. Comfort Systems USA had a return on equity of 21.72% and a net margin of 4.89%. The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.10 billion. During the same period in the prior year, the business posted $0.91 earnings per share. The company’s quarterly revenue was up 32.7% compared to the same quarter last year. Research analysts predict that Comfort Systems USA, Inc. will post 6.79 earnings per share for the current year.
Comfort Systems USA Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, May 29th. Stockholders of record on Thursday, May 18th were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.51%. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Wednesday, May 17th. Comfort Systems USA’s dividend payout ratio is presently 13.31%.
Analyst Ratings Changes
FIX has been the subject of a number of research reports. StockNews.com initiated coverage on Comfort Systems USA in a research note on Thursday, May 18th. They set a “buy” rating for the company. UBS Group initiated coverage on Comfort Systems USA in a research report on Thursday, June 1st. They set a “neutral” rating and a $162.00 price objective on the stock. Finally, DA Davidson upped their price objective on Comfort Systems USA from $135.00 to $170.00 and gave the company a “buy” rating in a research report on Friday, February 24th.
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.
See Also
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