Comfort Systems USA, Inc. (NYSE:FIX) Shares Purchased by Squarepoint Ops LLC

Squarepoint Ops LLC raised its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 45.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 67,896 shares of the construction company’s stock after buying an additional 21,361 shares during the period. Squarepoint Ops LLC owned approximately 0.19% of Comfort Systems USA worth $28,792,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. EverSource Wealth Advisors LLC grew its stake in shares of Comfort Systems USA by 1,925.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 81 shares of the construction company’s stock worth $34,000 after purchasing an additional 77 shares during the last quarter. Harbor Investment Advisory LLC grew its stake in shares of Comfort Systems USA by 183.3% in the 4th quarter. Harbor Investment Advisory LLC now owns 85 shares of the construction company’s stock worth $36,000 after purchasing an additional 55 shares during the last quarter. Colonial Trust Co SC grew its stake in shares of Comfort Systems USA by 352.6% in the 4th quarter. Colonial Trust Co SC now owns 86 shares of the construction company’s stock worth $36,000 after purchasing an additional 67 shares during the last quarter. Johnson Financial Group Inc. grew its stake in shares of Comfort Systems USA by 131.1% in the 4th quarter. Johnson Financial Group Inc. now owns 104 shares of the construction company’s stock worth $45,000 after purchasing an additional 59 shares during the last quarter. Finally, Private Trust Co. NA grew its stake in shares of Comfort Systems USA by 41.3% in the 4th quarter. Private Trust Co. NA now owns 106 shares of the construction company’s stock worth $45,000 after purchasing an additional 31 shares during the last quarter. Institutional investors and hedge funds own 96.51% of the company’s stock.

Comfort Systems USA Stock Performance

Comfort Systems USA stock opened at $472.95 on Wednesday. The firm’s 50 day simple moving average is $376.44 and its 200-day simple moving average is $416.24. The company has a market cap of $16.68 billion, a P/E ratio of 32.37 and a beta of 1.48. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02. Comfort Systems USA, Inc. has a fifty-two week low of $272.93 and a fifty-two week high of $553.09.

Comfort Systems USA (NYSE:FIX) last released its earnings results 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. The business had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.77 billion. Comfort Systems USA had a net margin of 7.43% and a return on equity of 35.28%. The firm’s quarterly revenue was up 19.1% compared to the same quarter last year. During the same period last year, the firm posted $2.69 earnings per share. As a group, equities research analysts predict that Comfort Systems USA, Inc. will post 16.85 EPS for the current year.

Comfort Systems USA Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Friday, May 16th will be given a $0.45 dividend. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a dividend yield of 0.38%. The ex-dividend date of this dividend is Friday, May 16th. Comfort Systems USA’s dividend payout ratio (DPR) is 10.80%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Sidoti raised shares of Comfort Systems USA from a “neutral” rating to a “buy” rating and set a $552.00 price objective on the stock in a research note on Monday, February 24th. DA Davidson lifted their price objective on shares of Comfort Systems USA from $440.00 to $465.00 and gave the stock a “buy” rating in a research note on Monday, April 28th. StockNews.com cut shares of Comfort Systems USA from a “buy” rating to a “hold” rating in a research note on Thursday, April 17th. Finally, Stifel Nicolaus lowered their price objective on shares of Comfort Systems USA from $577.00 to $471.00 and set a “buy” rating on the stock in a research note on Monday, February 24th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Comfort Systems USA presently has an average rating of “Moderate Buy” and a consensus price target of $517.60.

Insider Transactions at Comfort Systems USA

In related news, CFO William George III sold 12,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $470.11, for a total transaction of $5,876,375.00. Following the completion of the sale, the chief financial officer now directly owns 47,473 shares in the company, valued at approximately $22,317,532.03. This trade represents a 20.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Vance W. Tang sold 500 shares of the firm’s stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $422.00, for a total transaction of $211,000.00. Following the sale, the director now owns 4,998 shares of the company’s stock, valued at approximately $2,109,156. This represents a 9.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 32,800 shares of company stock valued at $14,642,235 over the last ninety days. Corporate insiders own 1.59% of the company’s stock.

Comfort Systems USA Company 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.