Cwm LLC Grows Position in Comfort Systems USA, Inc. $FIX

Cwm LLC increased its position in Comfort Systems USA, Inc. (NYSE:FIX) by 50.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,531 shares of the construction company’s stock after buying an additional 8,605 shares during the quarter. Cwm LLC owned 0.07% of Comfort Systems USA worth $21,068,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp grew its holdings in Comfort Systems USA by 2,872,410.3% in the 1st quarter. Jones Financial Companies Lllp now owns 833,028 shares of the construction company’s stock worth $268,510,000 after acquiring an additional 832,999 shares during the last quarter. Norges Bank bought a new position in shares of Comfort Systems USA during the second quarter valued at about $256,998,000. AQR Capital Management LLC boosted its holdings in shares of Comfort Systems USA by 106.4% during the first quarter. AQR Capital Management LLC now owns 530,428 shares of the construction company’s stock worth $165,228,000 after purchasing an additional 273,453 shares during the period. Jacobs Levy Equity Management Inc. boosted its holdings in shares of Comfort Systems USA by 299.2% during the first quarter. Jacobs Levy Equity Management Inc. now owns 319,813 shares of the construction company’s stock worth $103,085,000 after purchasing an additional 239,692 shares during the period. Finally, Artisan Partners Limited Partnership bought a new stake in shares of Comfort Systems USA in the second quarter worth about $114,551,000. 96.51% of the stock is currently owned by institutional investors.

Comfort Systems USA Trading Up 0.6%

NYSE FIX opened at $963.68 on Friday. The firm has a market capitalization of $33.99 billion, a PE ratio of 40.80 and a beta of 1.64. The stock’s 50 day moving average is $946.98 and its 200 day moving average is $768.42. Comfort Systems USA, Inc. has a twelve month low of $276.44 and a twelve month high of $1,036.67. The company has a quick ratio of 1.20, a current ratio of 1.22 and a debt-to-equity ratio of 0.06.

Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings data on Monday, August 15th. The construction company reported $0.90 EPS for the quarter. Comfort Systems USA had a return on equity of 43.59% and a net margin of 10.06%.The business had revenue of $713.90 million during the quarter. Research analysts forecast that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current fiscal year.

Comfort Systems USA Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 24th. Investors of record on Thursday, November 13th were given a dividend of $0.60 per share. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend was Thursday, November 13th. This represents a $2.40 dividend on an annualized basis and a yield of 0.2%. Comfort Systems USA’s dividend payout ratio is 10.16%.

Insider Buying and Selling at Comfort Systems USA

In other Comfort Systems USA news, Director Herman E. Bulls sold 2,000 shares of the company’s stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $1,013.62, for a total value of $2,027,240.00. Following the sale, the director owned 30,574 shares in the company, valued at approximately $30,990,417.88. This represents a 6.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Laura Finley Howell sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $996.16, for a total transaction of $996,160.00. Following the transaction, the senior vice president directly owned 7,938 shares of the company’s stock, valued at $7,907,518.08. This represents a 11.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 26,028 shares of company stock valued at $25,381,151 over the last three months. 1.59% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have commented on FIX. DA Davidson reaffirmed a “buy” rating and set a $1,200.00 price target on shares of Comfort Systems USA in a research report on Friday, December 19th. Zacks Research raised Comfort Systems USA from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 28th. Wall Street Zen raised Comfort Systems USA from a “buy” rating to a “strong-buy” rating in a research note on Saturday, December 13th. UBS Group lifted their price target on shares of Comfort Systems USA from $875.00 to $1,140.00 and gave the company a “buy” rating in a report on Monday, October 27th. Finally, William Blair began coverage on shares of Comfort Systems USA in a report on Thursday, September 11th. They issued an “outperform” rating for the company. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $1,011.75.

Comfort Systems USA Company Profile

Comfort Systems USA, Inc is a U.S.-based mechanical contracting company that provides a range of heating, ventilation and air conditioning (HVAC) services to commercial, industrial and institutional customers. The company focuses on the design, installation, maintenance and repair of HVAC systems, and it supports projects from initial engineering and system selection through long-term service agreements and upgrades.

Its service offerings include new construction and retrofit installations, preventive and corrective maintenance, emergency repair, energy management and building automation systems.