317 Shares in Comfort Systems USA, Inc. $FIX Acquired by WD Rutherford LLC

WD Rutherford LLC purchased a new position in Comfort Systems USA, Inc. (NYSE:FIXFree Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 317 shares of the construction company’s stock, valued at approximately $296,000.

A number of other hedge funds also recently modified their holdings of the stock. Farmers & Merchants Investments Inc. raised its holdings in shares of Comfort Systems USA by 29.0% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 40 shares of the construction company’s stock worth $37,000 after purchasing an additional 9 shares during the period. JFS Wealth Advisors LLC raised its holdings in Comfort Systems USA by 29.4% during the 4th quarter. JFS Wealth Advisors LLC now owns 44 shares of the construction company’s stock valued at $41,000 after acquiring an additional 10 shares during the period. West Michigan Advisors LLC raised its holdings in Comfort Systems USA by 1.3% during the 4th quarter. West Michigan Advisors LLC now owns 768 shares of the construction company’s stock valued at $717,000 after acquiring an additional 10 shares during the period. EWA LLC raised its holdings in Comfort Systems USA by 2.7% during the 4th quarter. EWA LLC now owns 379 shares of the construction company’s stock valued at $353,000 after acquiring an additional 10 shares during the period. Finally, Armstrong Advisory Group Inc. raised its holdings in Comfort Systems USA by 4.0% during the 4th quarter. Armstrong Advisory Group Inc. now owns 283 shares of the construction company’s stock valued at $264,000 after acquiring an additional 11 shares during the period. Institutional investors own 96.51% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on FIX. Glj Research began coverage on shares of Comfort Systems USA in a report on Monday, April 20th. They set a “buy” rating and a $2,001.00 target price on the stock. UBS Group boosted their target price on shares of Comfort Systems USA from $1,680.00 to $1,992.00 and gave the company a “buy” rating in a report on Monday, April 27th. Wall Street Zen lowered shares of Comfort Systems USA from a “strong-buy” rating to a “buy” rating in a research report on Sunday, May 10th. Weiss Ratings restated a “buy (b)” rating on shares of Comfort Systems USA in a research report on Monday, April 20th. Finally, Zacks Research lowered shares of Comfort Systems USA from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 24th. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,923.20.

Get Our Latest Stock Report on Comfort Systems USA

Insider Activity at Comfort Systems USA

In other Comfort Systems USA news, insider Brian E. Lane sold 11,113 shares of Comfort Systems USA stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $1,969.84, for a total value of $21,890,831.92. Following the completion of the sale, the insider owned 161,089 shares of the company’s stock, valued at approximately $317,319,555.76. The trade was a 6.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Pablo G. Mercado sold 500 shares of the stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $1,779.78, for a total transaction of $889,890.00. Following the completion of the transaction, the director owned 3,000 shares in the company, valued at $5,339,340. This trade represents a 14.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 61,024 shares of company stock valued at $99,678,386 over the last ninety days. Corporate insiders own 1.24% of the company’s stock.

Comfort Systems USA Stock Up 0.1%

FIX opened at $1,994.37 on Monday. The stock has a market cap of $70.20 billion, a PE ratio of 57.54 and a beta of 1.70. The company has a quick ratio of 1.21, a current ratio of 1.24 and a debt-to-equity ratio of 0.01. Comfort Systems USA, Inc. has a 52 week low of $452.04 and a 52 week high of $2,073.99. The business’s fifty day simple moving average is $1,599.07 and its 200 day simple moving average is $1,263.40.

Comfort Systems USA (NYSE:FIXGet Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The construction company reported $10.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.81 by $3.70. The firm had revenue of $2.87 billion for the quarter, compared to analysts’ expectations of $2.39 billion. Comfort Systems USA had a return on equity of 51.69% and a net margin of 12.07%.The company’s revenue for the quarter was up 56.5% compared to the same quarter last year. During the same period last year, the firm earned $4.75 earnings per share. As a group, research analysts expect that Comfort Systems USA, Inc. will post 43.17 earnings per share for the current fiscal year.

Comfort Systems USA Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 26th. Investors of record on Friday, May 15th will be given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 0.2%. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.70. The ex-dividend date of this dividend is Friday, May 15th. Comfort Systems USA’s payout ratio is 9.23%.

Comfort Systems USA Profile

(Free Report)

Comfort Systems USA, Inc is a U.S.-based mechanical contracting company that provides a range of heating, ventilation and air conditioning (HVAC) services to commercial, industrial and institutional customers. The company focuses on the design, installation, maintenance and repair of HVAC systems, and it supports projects from initial engineering and system selection through long-term service agreements and upgrades.

Its service offerings include new construction and retrofit installations, preventive and corrective maintenance, emergency repair, energy management and building automation systems.

See Also

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

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