Quantbot Technologies LP bought 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 bought 9,499 shares of the construction company’s stock, valued at approximately $535,000.
A number of other large investors have also recently bought and sold shares of the stock. Aperio Group LLC grew its stake in Comfort Systems USA by 4.6% in the 2nd quarter. Aperio Group LLC now owns 21,988 shares of the construction company’s stock valued at $1,007,000 after buying an additional 970 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in Comfort Systems USA by 13.3% in the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 8,891 shares of the construction company’s stock valued at $501,000 after buying an additional 1,041 shares during the last quarter. Victory Capital Management Inc. grew its stake in Comfort Systems USA by 12.3% in the 2nd quarter. Victory Capital Management Inc. now owns 9,836 shares of the construction company’s stock valued at $450,000 after buying an additional 1,079 shares during the last quarter. Summit Global Investments grew its stake in Comfort Systems USA by 9.3% in the 2nd quarter. Summit Global Investments now owns 14,100 shares of the construction company’s stock valued at $646,000 after buying an additional 1,200 shares during the last quarter. Finally, Affinity Investment Advisors LLC grew its stake in Comfort Systems USA by 13.7% in the 3rd quarter. Affinity Investment Advisors LLC now owns 10,827 shares of the construction company’s stock valued at $611,000 after buying an additional 1,304 shares during the last quarter. Institutional investors and hedge funds own 91.44% of the company’s stock.
A number of research analysts recently issued reports on FIX shares. Zacks Investment Research upgraded shares of Comfort Systems USA from a “hold” rating to a “strong-buy” rating and set a $63.00 target price on the stock in a research note on Wednesday, October 31st. ValuEngine downgraded shares of Comfort Systems USA from a “buy” rating to a “hold” rating in a report on Thursday, November 1st.
In other Comfort Systems USA news, Director Alan Krusi sold 2,000 shares of the stock in a transaction on Thursday, November 1st. The shares were sold at an average price of $53.33, for a total value of $106,660.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP T Mckenna Trent sold 15,000 shares of the stock in a transaction on Monday, November 5th. The shares were sold at an average price of $54.79, for a total transaction of $821,850.00. Following the completion of the sale, the vice president now directly owns 45,341 shares of the company’s stock, valued at $2,484,233.39. The disclosure for this sale can be found here. 3.48% of the stock is owned by corporate insiders.
Shares of Comfort Systems USA stock opened at $46.52 on Friday. The company has a quick ratio of 1.32, a current ratio of 1.35 and a debt-to-equity ratio of 0.19. Comfort Systems USA, Inc. has a fifty-two week low of $39.40 and a fifty-two week high of $59.83. The firm has a market capitalization of $1.78 billion, a price-to-earnings ratio of 17.78, a P/E/G ratio of 1.61 and a beta of 1.20.
Comfort Systems USA (NYSE:FIX) last issued its quarterly earnings results on Friday, October 26th. The construction company reported $1.01 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $0.18. Comfort Systems USA had a net margin of 4.64% and a return on equity of 22.60%. The firm had revenue of $594.54 million during the quarter, compared to the consensus estimate of $566.75 million. On average, equities research analysts expect that Comfort Systems USA, Inc. will post 2.99 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Tuesday, November 20th. Shareholders of record on Friday, November 9th were issued a $0.09 dividend. The ex-dividend date was Thursday, November 8th. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.09. This represents a $0.36 dividend on an annualized basis and a yield of 0.77%. Comfort Systems USA’s dividend payout ratio is 20.69%.
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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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