Kapitalo Investimentos Ltda Invests $266,000 in Comfort Systems USA, Inc. (NYSE:FIX)

Kapitalo Investimentos Ltda acquired a new position in Comfort Systems USA, Inc. (NYSE:FIXFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,292 shares of the construction company’s stock, valued at approximately $266,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Heritage Wealth Management LLC acquired a new stake in Comfort Systems USA during the fourth quarter valued at $246,000. BNP Paribas Financial Markets grew its position in Comfort Systems USA by 16.5% during the fourth quarter. BNP Paribas Financial Markets now owns 49,841 shares of the construction company’s stock valued at $10,251,000 after buying an additional 7,067 shares during the period. Harvest Investment Services LLC acquired a new stake in Comfort Systems USA during the fourth quarter valued at $511,000. Eagle Asset Management Inc. acquired a new stake in Comfort Systems USA during the fourth quarter valued at $4,875,000. Finally, Raymond James & Associates grew its position in Comfort Systems USA by 6.6% during the fourth quarter. Raymond James & Associates now owns 64,985 shares of the construction company’s stock valued at $13,366,000 after buying an additional 4,031 shares during the period. Institutional investors and hedge funds own 96.51% of the company’s stock.

Insider Buying and Selling

In related news, Director Darcy Anderson sold 3,500 shares of the company’s stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $344.90, for a total transaction of $1,207,150.00. Following the sale, the director now directly owns 40,241 shares of the company’s stock, valued at approximately $13,879,120.90. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other Comfort Systems USA news, Director Vance W. Tang sold 3,473 shares of the stock in a transaction that occurred on Wednesday, June 5th. The shares were sold at an average price of $310.00, for a total value of $1,076,630.00. Following the sale, the director now directly owns 8,198 shares of the company’s stock, valued at approximately $2,541,380. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Darcy Anderson sold 3,500 shares of the stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $344.90, for a total transaction of $1,207,150.00. Following the completion of the sale, the director now directly owns 40,241 shares in the company, valued at $13,879,120.90. The disclosure for this sale can be found here. Insiders have sold a total of 7,961 shares of company stock valued at $2,622,664 in the last ninety days. Company insiders own 1.80% of the company’s stock.

Comfort Systems USA Trading Up 1.4 %

Shares of Comfort Systems USA stock traded up $4.64 on Tuesday, reaching $326.49. The company had a trading volume of 31,220 shares, compared to its average volume of 358,046. The firm’s 50 day moving average price is $318.34 and its two-hundred day moving average price is $271.85. The firm has a market cap of $11.66 billion, a PE ratio of 31.84 and a beta of 1.16. Comfort Systems USA, Inc. has a 52-week low of $151.89 and a 52-week high of $352.45. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.92 and a current ratio of 0.96.

Comfort Systems USA (NYSE:FIXGet Free Report) last released its quarterly earnings results on Thursday, April 25th. The construction company reported $2.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.26 by $0.43. The business had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.48 billion. Comfort Systems USA had a net margin of 6.51% and a return on equity of 28.65%. The business’s revenue was up 30.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.51 EPS. Sell-side analysts predict that Comfort Systems USA, Inc. will post 11.9 earnings per share for the current fiscal year.

Comfort Systems USA Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 24th. Investors of record on Monday, May 13th were paid a dividend of $0.30 per share. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.25. This represents a $1.20 annualized dividend and a yield of 0.37%. The ex-dividend date was Friday, May 10th. Comfort Systems USA’s dividend payout ratio is presently 11.88%.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. StockNews.com lowered shares of Comfort Systems USA from a “buy” rating to a “hold” rating in a research report on Saturday, May 25th. DA Davidson lifted their target price 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.

View Our Latest Report on FIX

About Comfort Systems USA

(Free Report)

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.

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Institutional Ownership by Quarter for Comfort Systems USA (NYSE:FIX)

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