Pathstone Family Office LLC Raises Stock Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

Pathstone Family Office LLC boosted its position in shares of Comfort Systems USA, Inc. (NYSE:FIX – Get Rating) by 12.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,811 shares of the construction company’s stock after purchasing an additional 851 shares during the quarter. Pathstone Family Office LLC’s holdings in Comfort Systems USA were worth $760,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Brown Brothers Harriman & Co. lifted its position in Comfort Systems USA by 2,814.3% during the 1st quarter. Brown Brothers Harriman & Co. now owns 408 shares of the construction company’s stock worth $36,000 after acquiring an additional 394 shares during the period. Quadrant Capital Group LLC increased its stake in shares of Comfort Systems USA by 190.0% in the 3rd quarter. Quadrant Capital Group LLC now owns 435 shares of the construction company’s stock valued at $42,000 after purchasing an additional 285 shares in the last quarter. Signaturefd LLC increased its stake in shares of Comfort Systems USA by 34.7% in the 3rd quarter. Signaturefd LLC now owns 474 shares of the construction company’s stock valued at $46,000 after purchasing an additional 122 shares in the last quarter. Lazard Asset Management LLC boosted its holdings in Comfort Systems USA by 60.8% in the 1st quarter. Lazard Asset Management LLC now owns 857 shares of the construction company’s stock worth $76,000 after buying an additional 324 shares during the last quarter. Finally, Captrust Financial Advisors boosted its holdings in Comfort Systems USA by 42.4% in the 1st quarter. Captrust Financial Advisors now owns 2,205 shares of the construction company’s stock worth $196,000 after buying an additional 657 shares during the last quarter. 94.26% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Comfort Systems USA

In related news, Director Constance Ellen Skidmore sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, March 10th. The shares were sold at an average price of $143.03, for a total transaction of $429,090.00. Following the sale, the director now owns 24,722 shares in the company, valued at $3,535,987.66. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, Director Vance W. Tang sold 2,500 shares of the business’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 completion of the sale, the director now owns 26,297 shares of the company’s stock, valued at approximately $3,865,659. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Constance Ellen Skidmore sold 3,000 shares of the business’s 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 completion of the sale, the director now directly owns 24,722 shares of the company’s stock, valued at approximately $3,535,987.66. The disclosure for this sale can be found here. Corporate insiders own 2.48% of the company’s stock.

Comfort Systems USA Stock Performance

NYSE FIX opened at $137.00 on Tuesday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.12 and a quick ratio of 1.09. Comfort Systems USA, Inc. has a 1 year low of $74.14 and a 1 year high of $152.13. The company has a market capitalization of $4.90 billion, a PE ratio of 20.09 and a beta of 1.22. The company has a fifty day moving average of $126.72 and a two-hundred day moving average of $117.13.

Comfort Systems USA (NYSE:FIX – Get Rating) last posted its quarterly earnings results on Wednesday, February 22nd. The construction company reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.37 by $0.17. The firm had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.07 billion. Comfort Systems USA had a net margin of 5.94% and a return on equity of 20.47%. The firm’s revenue for the quarter was up 30.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.04 earnings per share. As a group, analysts expect that Comfort Systems USA, Inc. will post 6.35 earnings per share for the current year.

Comfort Systems USA Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 21st. Stockholders of record on Friday, March 10th will be paid a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.51%. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Thursday, March 9th. Comfort Systems USA’s dividend payout ratio (DPR) is 10.26%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on FIX shares. StockNews.com upgraded Comfort Systems USA from a “hold” rating to a “buy” rating in a report on Friday, March 3rd. DA Davidson increased their price target on shares of Comfort Systems USA from $135.00 to $170.00 and gave the stock a “buy” rating in a research report on Friday, February 24th.

About Comfort Systems USA

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Comfort Systems USA, Inc engages in the provision of mechanical and electrical contracting services. It operates through the following segments: Mechanical Services, and Electrical Services. The Mechanical Services segment includes HVAC, plumbing, piping, and controls, as well as off-site construction, monitoring and fire protection.