4D Advisors LLC Has $3.22 Million Stock Position in Comfort Systems USA, Inc. $FIX

4D Advisors LLC grew its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 17.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,000 shares of the construction company’s stock after buying an additional 1,500 shares during the quarter. Comfort Systems USA accounts for about 2.5% of 4D Advisors LLC’s holdings, making the stock its 18th biggest position. 4D Advisors LLC’s holdings in Comfort Systems USA were worth $3,223,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in shares of Comfort Systems USA by 0.6% during the first quarter. Vanguard Group Inc. now owns 3,802,542 shares of the construction company’s stock valued at $1,225,673,000 after buying an additional 21,847 shares during the last quarter. Westfield Capital Management Co. LP grew its holdings in shares of Comfort Systems USA by 0.5% during the first quarter. Westfield Capital Management Co. LP now owns 889,639 shares of the construction company’s stock valued at $286,757,000 after buying an additional 4,512 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Comfort Systems USA by 36.4% during the first quarter. JPMorgan Chase & Co. now owns 519,437 shares of the construction company’s stock valued at $167,430,000 after buying an additional 138,541 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Comfort Systems USA by 5.7% during the first quarter. Dimensional Fund Advisors LP now owns 388,638 shares of the construction company’s stock valued at $125,253,000 after buying an additional 20,854 shares during the last quarter. Finally, Northern Trust Corp grew its holdings in shares of Comfort Systems USA by 0.9% during the first quarter. Northern Trust Corp now owns 317,615 shares of the construction company’s stock valued at $102,377,000 after buying an additional 2,794 shares during the last quarter. 96.51% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Comfort Systems USA

In other Comfort Systems USA news, CFO William George III sold 8,436 shares of the business’s stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $692.60, for a total value of $5,842,773.60. Following the transaction, the chief financial officer directly owned 47,473 shares in the company, valued at $32,879,799.80. The trade was a 15.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Julie Shaeff sold 1,369 shares of the business’s stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $704.50, for a total transaction of $964,460.50. Following the completion of the transaction, the chief accounting officer owned 16,023 shares in the company, valued at approximately $11,288,203.50. The trade was a 7.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 33,283 shares of company stock valued at $21,682,525. Corporate insiders own 1.59% of the company’s stock.

Comfort Systems USA Stock Down 3.6%

FIX opened at $703.88 on Tuesday. The company has a quick ratio of 1.10, a current ratio of 1.13 and a debt-to-equity ratio of 0.03. The stock has a market cap of $24.83 billion, a price-to-earnings ratio of 36.17 and a beta of 1.54. Comfort Systems USA, Inc. has a twelve month low of $276.44 and a twelve month high of $733.24. The company’s 50-day moving average price is $623.32 and its two-hundred day moving average price is $478.84.

Comfort Systems USA (NYSE:FIX) last released its earnings results on Thursday, July 24th. The construction company reported $6.53 earnings per share for the quarter, beating analysts’ consensus estimates of $4.84 by $1.69. The firm had revenue of $2.17 billion for the quarter, compared to analysts’ expectations of $1.97 billion. Comfort Systems USA had a net margin of 9.01% and a return on equity of 39.33%. The company’s quarterly revenue was up 20.1% on a year-over-year basis. During the same period in the previous year, the company earned $3.74 earnings per share. As a group, equities analysts expect that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current year.

Comfort Systems USA Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 25th. Shareholders of record on Thursday, August 14th were paid a $0.50 dividend. The ex-dividend date was Thursday, August 14th. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.45. This represents a $2.00 dividend on an annualized basis and a yield of 0.3%. Comfort Systems USA’s dividend payout ratio is presently 10.28%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on FIX. Zacks Research upgraded shares of Comfort Systems USA from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 19th. Stifel Nicolaus boosted their price target on shares of Comfort Systems USA from $512.00 to $581.00 and gave the stock a “buy” rating in a report on Friday, July 11th. Wall Street Zen upgraded shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a report on Saturday, July 26th. UBS Group boosted their price target on shares of Comfort Systems USA from $545.00 to $710.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Finally, DA Davidson boosted their price target on shares of Comfort Systems USA from $630.00 to $810.00 and gave the stock a “buy” rating in a report on Monday, July 28th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $635.60.

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.