Maven Securities LTD Buys Shares of 800 Comfort Systems USA, Inc. (NYSE:FIX)

Maven Securities LTD purchased a new stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 800 shares of the construction company’s stock, valued at approximately $339,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. LRT Capital Management LLC grew its holdings in shares of Comfort Systems USA by 3.0% during the 4th quarter. LRT Capital Management LLC now owns 6,366 shares of the construction company’s stock valued at $2,700,000 after purchasing an additional 188 shares during the last quarter. Jacobs Levy Equity Management Inc. acquired a new stake in Comfort Systems USA during the 4th quarter worth approximately $33,976,000. Janus Henderson Group PLC boosted its position in Comfort Systems USA by 31.6% during the 4th quarter. Janus Henderson Group PLC now owns 134,397 shares of the construction company’s stock worth $57,009,000 after buying an additional 32,269 shares during the period. Jefferies Financial Group Inc. boosted its position in Comfort Systems USA by 11.8% during the 4th quarter. Jefferies Financial Group Inc. now owns 1,602 shares of the construction company’s stock worth $679,000 after buying an additional 169 shares during the period. Finally, Gotham Asset Management LLC increased its position in shares of Comfort Systems USA by 10.3% during the fourth quarter. Gotham Asset Management LLC now owns 14,747 shares of the construction company’s stock worth $6,254,000 after buying an additional 1,383 shares during the period. 96.51% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, insider Brian E. Lane sold 15,000 shares of the company’s stock in a transaction on Wednesday, May 7th. The shares were sold at an average price of $431.66, for a total value of $6,474,900.00. Following the completion of the sale, the insider now owns 198,046 shares in the company, valued at $85,488,536.36. This represents a 7.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Pablo G. Mercado sold 1,800 shares of the company’s stock in a transaction on Monday, May 5th. The stock was sold at an average price of $436.10, for a total transaction of $784,980.00. Following the completion of the sale, the director now owns 7,236 shares of the company’s stock, valued at approximately $3,155,619.60. The trade was a 19.92% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 20,300 shares of company stock worth $8,765,860. Insiders own 1.59% of the company’s stock.

Comfort Systems USA Stock Up 3.2%

Comfort Systems USA stock opened at $466.12 on Wednesday. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.04. Comfort Systems USA, Inc. has a 12-month low of $272.93 and a 12-month high of $553.09. The firm’s fifty day moving average is $362.06 and its 200 day moving average is $413.54. The company has a market capitalization of $16.44 billion, a PE ratio of 31.90 and a beta of 1.48.

Comfort Systems USA (NYSE:FIX) last released its quarterly earnings data on Thursday, April 24th. The construction company reported $4.75 earnings per share for the quarter, topping the consensus estimate of $3.66 by $1.09. Comfort Systems USA had a net margin of 7.43% and a return on equity of 35.28%. The firm had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.77 billion. During the same quarter in the prior year, the company posted $2.69 earnings per share. The business’s revenue was up 19.1% on a year-over-year basis. As a group, sell-side analysts predict that Comfort Systems USA, Inc. will post 16.85 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Friday, May 16th will be issued a dividend of $0.45 per share. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.40. The ex-dividend date is Friday, May 16th. This represents a $1.80 annualized dividend and a yield of 0.39%. Comfort Systems USA’s dividend payout ratio is presently 10.80%.

Analysts Set New Price Targets

A number of analysts have weighed in on FIX shares. StockNews.com downgraded Comfort Systems USA from a “buy” rating to a “hold” rating in a report on Thursday, April 17th. Sidoti raised Comfort Systems USA from a “neutral” rating to a “buy” rating and set a $552.00 price target on the stock in a research note on Monday, February 24th. Stifel Nicolaus cut their price target on Comfort Systems USA from $577.00 to $471.00 and set a “buy” rating on the stock in a report on Monday, February 24th. Finally, DA Davidson boosted their target price on shares of Comfort Systems USA from $440.00 to $465.00 and gave the company a “buy” rating in a research report on Monday, April 28th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $517.60.

Comfort Systems USA Profile

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.