Comfort Systems USA, Inc. (FIX) Shares Bought by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio lifted its stake in Comfort Systems USA, Inc. (NYSE:FIX) by 435.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,116 shares of the construction company’s stock after purchasing an additional 8,226 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Comfort Systems USA were worth $442,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in FIX. Vanguard Group Inc raised its position in shares of Comfort Systems USA by 9.2% in the 3rd quarter. Vanguard Group Inc now owns 3,971,773 shares of the construction company’s stock valued at $224,008,000 after purchasing an additional 334,921 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Comfort Systems USA by 9.2% in the 3rd quarter. Vanguard Group Inc. now owns 3,971,773 shares of the construction company’s stock valued at $224,008,000 after purchasing an additional 334,921 shares during the last quarter. Epoch Investment Partners Inc. purchased a new position in shares of Comfort Systems USA in the 4th quarter valued at approximately $10,991,000. TIAA CREF Investment Management LLC raised its position in shares of Comfort Systems USA by 66.4% in the 3rd quarter. TIAA CREF Investment Management LLC now owns 357,246 shares of the construction company’s stock valued at $20,149,000 after purchasing an additional 142,513 shares during the last quarter. Finally, Man Group plc raised its position in shares of Comfort Systems USA by 59.7% in the 3rd quarter. Man Group plc now owns 253,487 shares of the construction company’s stock valued at $14,296,000 after purchasing an additional 94,764 shares during the last quarter. 94.47% of the stock is owned by hedge funds and other institutional investors.

In other Comfort Systems USA news, Chairman Franklin Myers purchased 4,000 shares of Comfort Systems USA stock in a transaction on Wednesday, February 27th. The stock was bought at an average cost of $52.84 per share, with a total value of $211,360.00. Following the transaction, the chairman now owns 235,000 shares of the company’s stock, valued at approximately $12,417,400. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Julie Shaeff sold 12,009 shares of the firm’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $53.08, for a total transaction of $637,437.72. Following the transaction, the insider now directly owns 30,599 shares of the company’s stock, valued at $1,624,194.92. The disclosure for this sale can be found here. Insiders have sold a total of 35,131 shares of company stock valued at $1,858,940 over the last three months. 3.45% of the stock is currently owned by insiders.

Shares of Comfort Systems USA stock opened at $57.75 on Wednesday. The company has a market capitalization of $2.11 billion, a P/E ratio of 19.25, a P/E/G ratio of 1.71 and a beta of 1.34. The company has a quick ratio of 1.28, a current ratio of 1.31 and a debt-to-equity ratio of 0.15. Comfort Systems USA, Inc. has a 52 week low of $41.14 and a 52 week high of $59.83.

Comfort Systems USA (NYSE:FIX) last posted its quarterly earnings results on Thursday, February 21st. The construction company reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.13). Comfort Systems USA had a return on equity of 23.37% and a net margin of 5.17%. The business had revenue of $588.36 million for the quarter, compared to analysts’ expectations of $568.77 million. During the same period in the prior year, the business posted $0.45 earnings per share. The business’s quarterly revenue was up 27.6% compared to the same quarter last year. Analysts expect that Comfort Systems USA, Inc. will post 3.35 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Monday, March 11th were given a dividend of $0.095 per share. The ex-dividend date of this dividend was Friday, March 8th. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.09. This represents a $0.38 dividend on an annualized basis and a yield of 0.66%. Comfort Systems USA’s dividend payout ratio (DPR) is currently 12.67%.

Several brokerages recently commented on FIX. DA Davidson increased their price objective on shares of Comfort Systems USA from $55.00 to $57.00 and gave the company a “neutral” rating in a research report on Monday, February 25th. Sidoti lowered shares of Comfort Systems USA from a “buy” rating to a “neutral” rating and set a $57.00 price objective for the company. in a research report on Tuesday, March 12th. Finally, Zacks Investment Research raised shares of Comfort Systems USA from a “hold” rating to a “buy” rating and set a $54.00 price objective for the company in a research report on Monday, January 21st.

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Comfort Systems USA 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 plumbing, piping and controls, off-site construction, electrical, monitoring, and fire protection.

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

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