Landscape Capital Management L.L.C. Has $2.36 Million Stock Holdings in Comfort Systems USA, Inc. $FIX

Landscape Capital Management L.L.C. increased its position in shares of Comfort Systems USA, Inc. (NYSE:FIXFree Report) by 223.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 2,528 shares of the construction company’s stock after purchasing an additional 1,747 shares during the period. Landscape Capital Management L.L.C.’s holdings in Comfort Systems USA were worth $2,359,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Ameriflex Group Inc. boosted its position in shares of Comfort Systems USA by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 30 shares of the construction company’s stock worth $25,000 after acquiring an additional 15 shares in the last quarter. Core Wealth Advisors LLC acquired a new stake in shares of Comfort Systems USA during the 4th quarter worth approximately $28,000. Farmers & Merchants Investments Inc. boosted its position in shares of Comfort Systems USA by 29.0% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 40 shares of the construction company’s stock worth $37,000 after acquiring an additional 9 shares in the last quarter. JFS Wealth Advisors LLC boosted its position in shares of Comfort Systems USA by 29.4% during the 4th quarter. JFS Wealth Advisors LLC now owns 44 shares of the construction company’s stock worth $41,000 after acquiring an additional 10 shares in the last quarter. Finally, ORG Partners LLC boosted its position in shares of Comfort Systems USA by 63.0% during the 4th quarter. ORG Partners LLC now owns 44 shares of the construction company’s stock worth $41,000 after acquiring an additional 17 shares in the last quarter. Institutional investors and hedge funds own 96.51% of the company’s stock.

Insider Activity

In other news, CFO William George III sold 4,000 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $1,948.17, for a total transaction of $7,792,680.00. Following the completion of the transaction, the chief financial officer owned 33,804 shares of the company’s stock, valued at approximately $65,855,938.68. This trade represents a 10.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director William J. Sandbrook sold 1,500 shares of the firm’s stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $1,732.67, for a total transaction of $2,599,005.00. Following the transaction, the director directly owned 7,666 shares of the company’s stock, valued at $13,282,648.22. The trade was a 16.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 24,078 shares of company stock valued at $46,651,175. 1.24% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Comfort Systems USA in a research note on Monday, April 20th. KeyCorp raised shares of Comfort Systems USA from a “sector weight” rating to an “overweight” rating and set a $2,004.00 price objective for the company in a research note on Friday, April 24th. UBS Group increased their price objective on shares of Comfort Systems USA from $1,992.00 to $2,125.00 and gave the company a “buy” rating in a research note on Monday, June 8th. DA Davidson increased their price objective on shares of Comfort Systems USA from $1,200.00 to $1,800.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. Finally, Zacks Research raised shares of Comfort Systems USA from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 25th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $1,991.50.

Check Out Our Latest Analysis on FIX

Comfort Systems USA Price Performance

FIX stock opened at $1,877.52 on Monday. The company has a fifty day moving average price of $1,781.45 and a 200-day moving average price of $1,389.51. The company has a market capitalization of $66.09 billion, a P/E ratio of 54.17 and a beta of 1.66. Comfort Systems USA, Inc. has a 52-week low of $489.54 and a 52-week high of $2,073.99. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.21 and a current ratio of 1.24.

Comfort Systems USA (NYSE:FIXGet Free Report) last released its quarterly earnings results on Thursday, April 23rd. The construction company reported $10.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.81 by $3.70. The firm had revenue of $2.87 billion during the quarter, compared to the consensus estimate of $2.39 billion. Comfort Systems USA had a net margin of 12.07% and a return on equity of 51.69%. The company’s revenue for the quarter was up 56.5% on a year-over-year basis. During the same quarter last year, the firm earned $4.75 earnings per share. As a group, equities analysts expect that Comfort Systems USA, Inc. will post 43.39 EPS for the current year.

Comfort Systems USA Increases Dividend

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

About Comfort Systems USA

(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.

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

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