Zurcher Kantonalbank Zurich Cantonalbank Boosts Position in Comfort Systems USA, Inc. (NYSE:FIX)

Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 6.2% during the 4th quarter, HoldingsChannel reports. The fund owned 7,882 shares of the construction company’s stock after acquiring an additional 461 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Comfort Systems USA were worth $1,621,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. AE Wealth Management LLC grew its stake in shares of Comfort Systems USA by 22.2% in the 3rd quarter. AE Wealth Management LLC now owns 1,714 shares of the construction company’s stock valued at $292,000 after buying an additional 311 shares during the period. SG Americas Securities LLC grew its position in Comfort Systems USA by 437.0% in the third quarter. SG Americas Securities LLC now owns 10,902 shares of the construction company’s stock worth $1,858,000 after acquiring an additional 8,872 shares during the period. Boston Trust Walden Corp increased its stake in Comfort Systems USA by 6.4% during the third quarter. Boston Trust Walden Corp now owns 200,692 shares of the construction company’s stock worth $34,200,000 after acquiring an additional 12,149 shares during the last quarter. Mountain Pacific Investment Advisers Inc. ID raised its position in Comfort Systems USA by 58.2% in the third quarter. Mountain Pacific Investment Advisers Inc. ID now owns 64,946 shares of the construction company’s stock valued at $11,067,000 after purchasing an additional 23,899 shares during the period. Finally, Linden Thomas Advisory Services LLC lifted its stake in shares of Comfort Systems USA by 14.9% in the 3rd quarter. Linden Thomas Advisory Services LLC now owns 1,887 shares of the construction company’s stock valued at $322,000 after purchasing an additional 244 shares during the last quarter. Hedge funds and other institutional investors own 96.51% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. StockNews.com raised Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Thursday, April 4th. DA Davidson lifted their price target on shares of Comfort Systems USA from $200.00 to $350.00 and gave the company a “buy” rating in a research report on Wednesday, February 28th. UBS Group upped their price objective 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. Finally, KeyCorp started coverage on shares of Comfort Systems USA in a report on Wednesday, January 10th. They issued a “sector weight” rating for the company.

Insider Activity

In related news, CFO William George III sold 8,429 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $278.95, for a total transaction of $2,351,269.55. Following 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 legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, CFO William George III sold 8,429 shares of the business’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $278.95, for a total transaction of $2,351,269.55. Following the completion of the transaction, the chief financial officer now owns 62,471 shares in the company, valued at $17,426,285.45. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Brian E. Lane sold 16,000 shares of the firm’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $312.13, for a total value of $4,994,080.00. Following the completion of the sale, the insider now owns 227,926 shares in the company, valued at $71,142,542.38. The disclosure for this sale can be found here. In the last quarter, insiders sold 46,614 shares of company stock worth $13,739,345. 1.80% of the stock is currently owned by company insiders.

Comfort Systems USA Stock Down 0.0 %

Shares of NYSE:FIX opened at $308.37 on Thursday. The firm has a market capitalization of $11.01 billion, a PE ratio of 34.26 and a beta of 1.19. Comfort Systems USA, Inc. has a 1 year low of $129.77 and a 1 year high of $335.25. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.11 and a quick ratio of 1.07. The firm’s 50-day moving average is $301.00 and its two-hundred day moving average is $232.96.

Comfort Systems USA (NYSE:FIX) last posted its quarterly earnings data on Friday, February 23rd. The construction company reported $2.55 earnings per share for the quarter, topping analysts’ consensus estimates of $2.15 by $0.40. The business had revenue of $1.36 billion for the quarter, compared to analyst estimates 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 was up 21.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.54 earnings per share. Analysts predict that Comfort Systems USA, Inc. will post 11.42 EPS for the current year.

Comfort Systems USA Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 19th. Shareholders of record on Friday, March 8th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.32%. The ex-dividend date of this dividend was Thursday, March 7th. Comfort Systems USA’s dividend payout ratio is currently 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.