Koch Industries Inc. bought a new stake in shares of Comfort Systems USA (NYSE:FIX) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 6,067 shares of the construction company’s stock, valued at approximately $265,000.
Several other large investors have also bought and sold shares of FIX. BlackRock Inc. grew its position in shares of Comfort Systems USA by 4.2% during the 4th quarter. BlackRock Inc. now owns 5,285,746 shares of the construction company’s stock valued at $230,723,000 after buying an additional 213,140 shares during the last quarter. Neumeier Poma Investment Counsel LLC boosted its stake in Comfort Systems USA by 15.6% during the 3rd quarter. Neumeier Poma Investment Counsel LLC now owns 1,004,775 shares of the construction company’s stock valued at $35,870,000 after purchasing an additional 135,950 shares during the period. WINTON GROUP Ltd acquired a new position in Comfort Systems USA during the 4th quarter valued at about $5,870,000. Bank of New York Mellon Corp boosted its stake in Comfort Systems USA by 10.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,385,182 shares of the construction company’s stock valued at $49,450,000 after purchasing an additional 127,761 shares during the period. Finally, Fuller & Thaler Asset Management Inc. boosted its stake in Comfort Systems USA by 103.8% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 242,700 shares of the construction company’s stock valued at $10,594,000 after purchasing an additional 123,600 shares during the period. Institutional investors and hedge funds own 95.05% of the company’s stock.
Separately, Zacks Investment Research raised shares of Comfort Systems USA from a “hold” rating to a “buy” rating and set a $50.00 price target for the company in a research note on Wednesday, December 27th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $58.00.
Comfort Systems USA stock traded down $1.00 during trading hours on Friday, hitting $40.50. The company had a trading volume of 172,978 shares, compared to its average volume of 162,772. The firm has a market cap of $1,526.04, a PE ratio of 23.28, a P/E/G ratio of 1.72 and a beta of 1.13. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.28 and a current ratio of 1.31. Comfort Systems USA has a fifty-two week low of $31.90 and a fifty-two week high of $44.80.
Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings results on Thursday, February 22nd. The construction company reported $0.45 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.51 by ($0.06). The business had revenue of $461.10 million for the quarter, compared to analyst estimates of $445.85 million. Comfort Systems USA had a return on equity of 16.10% and a net margin of 3.09%. The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.45 EPS. equities analysts anticipate that Comfort Systems USA will post 2.38 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, March 23rd. Shareholders of record on Monday, March 12th were issued a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date was Friday, March 9th. Comfort Systems USA’s dividend payout ratio (DPR) is presently 17.24%.
In related news, insider Brian E. Lane sold 19,124 shares of the stock in a transaction dated Friday, March 2nd. The shares were sold at an average price of $40.26, for a total transaction of $769,932.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Alan Krusi sold 2,000 shares of the firm’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $42.50, for a total transaction of $85,000.00. The disclosure for this sale can be found here. 3.48% of the stock is owned by corporate insiders.
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Comfort Systems USA Company Profile
Comfort Systems USA, Inc provides mechanical installation, renovation, maintenance, repair, and replacement services for the mechanical services industry in the United States. It is involved in the design, engineering, integration, installation, and start-up of mechanical and related systems; and maintenance, repair, replacement, renovation, expansion, reconfiguration, and monitoring of mechanical systems, including heating, ventilation, and air conditioning (HVAC) systems, as well as industrial process piping.
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