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

Strs Ohio decreased its stake in Comfort Systems USA, Inc. (NYSE:FIX) by 4.0% in the 4th quarter, HoldingsChannel reports. The institutional investor 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 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Byrne Asset Management LLC purchased a new stake in Comfort Systems USA in the fourth quarter valued at $26,000. Point72 Asset Management L.P. acquired a new stake in shares of Comfort Systems USA during the second quarter worth about $35,000. AdvisorNet Financial Inc lifted its holdings in shares of Comfort Systems USA by 2,410.0% in the 3rd quarter. AdvisorNet Financial Inc now owns 251 shares of the construction company’s stock valued at $43,000 after purchasing an additional 241 shares during the last quarter. VisionPoint Advisory Group LLC acquired a new stake in shares of Comfort Systems USA in the 3rd quarter valued at about $59,000. Finally, Meeder Asset Management Inc. grew its stake in Comfort Systems USA by 172.9% during the 4th quarter. Meeder Asset Management Inc. now owns 363 shares of the construction company’s stock worth $42,000 after buying an additional 230 shares during the last quarter. Institutional investors and hedge funds own 96.51% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on FIX. UBS Group boosted their price objective on Comfort Systems USA from $208.00 to $254.00 and gave the company a “neutral” rating in a research note on Thursday, February 15th. StockNews.com raised shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a report on Thursday, April 4th. DA Davidson increased their price target on shares of Comfort Systems USA from $200.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, February 28th. Finally, KeyCorp initiated coverage on shares of Comfort Systems USA in a research note on Wednesday, January 10th. They issued a “sector weight” rating on the stock.

Insider Buying and Selling

In other Comfort Systems USA news, Director Constance Ellen Skidmore sold 3,000 shares of Comfort Systems USA stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $299.96, for a total value of $899,880.00. Following the sale, the director now owns 13,787 shares of the company’s stock, valued at approximately $4,135,548.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Comfort Systems USA news, Director Constance Ellen Skidmore sold 3,000 shares of the stock in a transaction on Monday, March 11th. The stock was sold at an average price of $299.96, for a total value of $899,880.00. Following the completion of the transaction, the director now owns 13,787 shares in the company, valued at $4,135,548.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO William George III sold 8,429 shares of the firm’s stock in a transaction on Monday, February 26th. The shares were 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 of the company’s stock, valued at approximately $17,426,285.45. The disclosure for this sale can be found here. Insiders sold 46,614 shares of company stock valued at $13,739,345 over the last ninety days. Corporate insiders own 2.48% of the company’s stock.

Comfort Systems USA Stock Down 0.5 %

Comfort Systems USA stock opened at $290.72 on Friday. The stock has a market capitalization of $10.37 billion, a price-to-earnings ratio of 32.30 and a beta of 1.19. 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 stock has a 50 day moving average of $297.34 and a two-hundred day moving average of $229.64. Comfort Systems USA, Inc. has a twelve month low of $129.77 and a twelve month high of $335.25.

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

Comfort Systems USA Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 19th. Stockholders of record on Friday, March 8th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.34%. Comfort Systems USA’s dividend payout ratio (DPR) 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.