Calamos Advisors LLC Buys Shares of 1,851 Comfort Systems USA, Inc. $FIX

Calamos Advisors LLC purchased a new stake in Comfort Systems USA, Inc. (NYSE:FIX) during the third quarter, according to its most recent filing with the SEC. The firm purchased 1,851 shares of the construction company’s stock, valued at approximately $1,527,000.

Other hedge funds have also recently made changes to their positions in the company. Jones Financial Companies Lllp grew its stake in Comfort Systems USA by 2,872,410.3% in the first quarter. Jones Financial Companies Lllp now owns 833,028 shares of the construction company’s stock valued at $268,510,000 after purchasing an additional 832,999 shares during the last quarter. Norges Bank purchased a new stake 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% in the 1st quarter. AQR Capital Management LLC now owns 530,428 shares of the construction company’s stock valued at $165,228,000 after buying an additional 273,453 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its position in shares of Comfort Systems USA by 299.2% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 319,813 shares of the construction company’s stock worth $103,085,000 after buying an additional 239,692 shares during the last quarter. Finally, Artisan Partners Limited Partnership purchased a new position in shares of Comfort Systems USA in the 2nd quarter worth approximately $114,551,000. 96.51% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, insider Brian E. Lane sold 7,158 shares of the stock in a transaction on Monday, November 24th. The shares were sold at an average price of $947.98, for a total value of $6,785,640.84. Following the sale, the insider owned 180,888 shares in the company, valued at $171,478,206.24. This represents a 3.81% 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, Director Darcy Anderson sold 4,000 shares of the firm’s stock in a transaction on Friday, October 31st. The stock was sold at an average price of $958.72, for a total transaction of $3,834,880.00. Following the transaction, the director directly owned 22,535 shares of the company’s stock, valued at approximately $21,604,755.20. This trade represents a 15.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 26,028 shares of company stock worth $25,381,151. Company insiders own 1.59% of the company’s stock.

Comfort Systems USA Stock Down 1.5%

Comfort Systems USA stock opened at $932.89 on Friday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.20 and a current ratio of 1.22. The business’s 50-day simple moving average is $956.55 and its two-hundred day simple moving average is $778.86. The company has a market cap of $32.90 billion, a PE ratio of 39.50 and a beta of 1.64. Comfort Systems USA, Inc. has a fifty-two week low of $276.44 and a fifty-two week high of $1,036.67.

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

Comfort Systems USA Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 24th. Shareholders of record on Thursday, November 13th were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 0.3%. The ex-dividend date was Thursday, November 13th. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.50. Comfort Systems USA’s dividend payout ratio (DPR) is presently 10.16%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. UBS Group raised their target price on shares of Comfort Systems USA from $875.00 to $1,140.00 and gave the company a “buy” rating in a research note on Monday, October 27th. Zacks Research cut Comfort Systems USA from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 26th. Wall Street Zen upgraded Comfort Systems USA from a “buy” rating to a “strong-buy” rating in a research note on Saturday, December 13th. William Blair initiated coverage on Comfort Systems USA in a research report on Thursday, September 11th. They set an “outperform” rating on the stock. Finally, Stifel Nicolaus raised their price target on Comfort Systems USA from $1,069.00 to $1,155.00 and gave the stock a “buy” rating in a report on Tuesday, December 16th. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average 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.