Comfort Systems USA, Inc. (NYSE:FIX) Shares Sold by Strs Ohio

Strs Ohio reduced its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 4.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,700 shares of the construction company’s stock after selling 400 shares during the period. Strs Ohio’s holdings in Comfort Systems USA were worth $1,994,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Freedom Day Solutions LLC purchased a new position in Comfort Systems USA in the 4th quarter worth $1,739,000. Louisiana State Employees Retirement System acquired a new position in shares of Comfort Systems USA in the fourth quarter valued at about $2,098,000. Byrne Asset Management LLC purchased a new position in shares of Comfort Systems USA in the fourth quarter worth about $26,000. Cerity Partners LLC purchased a new position in shares of Comfort Systems USA in the fourth quarter worth about $260,000. Finally, Mutual of America Capital Management LLC lifted its holdings in shares of Comfort Systems USA by 252.0% during the fourth quarter. Mutual of America Capital Management LLC now owns 22,071 shares of the construction company’s stock worth $4,539,000 after purchasing an additional 15,801 shares during the period. 96.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. UBS Group increased their price target on shares of Comfort Systems USA from $208.00 to $254.00 and gave the stock a “neutral” rating in a report on Thursday, February 15th. StockNews.com upgraded shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a research note on Thursday, April 4th. KeyCorp began coverage on shares of Comfort Systems USA in a research report on Wednesday, January 10th. They set a “sector weight” rating for the company. Finally, DA Davidson increased their price target on Comfort Systems USA from $200.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, February 28th.

Insiders Place Their Bets

In other news, CFO William George III sold 8,429 shares of the business’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $278.95, for a total value of $2,351,269.55. Following the completion of the sale, the chief financial officer now directly owns 62,471 shares in the company, valued at $17,426,285.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, Director Constance Ellen Skidmore sold 3,000 shares of the company’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $299.96, for a total transaction of $899,880.00. Following the completion of the transaction, the director now owns 13,787 shares in the company, valued at approximately $4,135,548.52. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO William George III sold 8,429 shares of Comfort Systems USA stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $278.95, for a total value of $2,351,269.55. Following the completion of the sale, the chief financial officer now owns 62,471 shares in the company, valued at $17,426,285.45. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 46,614 shares of company stock worth $13,739,345. 2.48% of the stock is owned by corporate insiders.

Comfort Systems USA Trading Down 0.5 %

Comfort Systems USA stock opened at $290.72 on Friday. The company has a current ratio of 1.11, a quick ratio of 1.07 and a debt-to-equity ratio of 0.03. The firm has a market cap of $10.37 billion, a PE ratio of 32.30 and a beta of 1.19. The stock’s 50 day simple moving average is $297.34 and its two-hundred day simple moving average is $229.64. Comfort Systems USA, Inc. has a 12 month low of $129.77 and a 12 month high of $335.25.

Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings results on Friday, February 23rd. The construction company reported $2.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.15 by $0.40. The firm had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.33 billion. Comfort Systems USA had a net margin of 6.21% and a return on equity of 26.99%. The firm’s quarterly revenue was up 21.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.54 earnings per share. Analysts anticipate that Comfort Systems USA, Inc. will post 11.42 earnings per share for the current year.

Comfort Systems USA Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 19th. Investors of record on Friday, March 8th were issued a $0.25 dividend. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $1.00 dividend on an annualized basis and a yield of 0.34%. Comfort Systems USA’s payout ratio is 11.11%.

Comfort Systems USA Profile

Comfort Systems USA, Inc, together with its subsidiaries, provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. It operates through two segments, Mechanical and Electrical. The company offers heating, ventilation, and air conditioning systems, as well as plumbing, electrical, piping and controls, off-site construction, monitoring, and fire protection.