312 Shares in Comfort Systems USA, Inc. $FIX Acquired by Interchange Capital Partners LLC

Interchange Capital Partners LLC bought a new stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 312 shares of the construction company’s stock, valued at approximately $291,000.

Several other institutional investors also recently bought and sold shares of FIX. Quent Capital LLC purchased a new stake in shares of Comfort Systems USA during the 3rd quarter valued at $25,000. Ameriflex Group Inc. grew its stake in 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 buying an additional 15 shares during the last quarter. Eastern Bank purchased a new position in Comfort Systems USA during the 3rd quarter worth $31,000. JFS Wealth Advisors LLC increased its position 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 buying an additional 10 shares in the last quarter. Finally, ORG Partners LLC raised its stake in Comfort Systems USA by 63.0% in the fourth quarter. ORG Partners LLC now owns 44 shares of the construction company’s stock valued at $41,000 after buying an additional 17 shares during the last quarter. 96.51% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, SVP Terrence Reed sold 1,116 shares of the stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $1,397.33, for a total value of $1,559,420.28. Following the sale, the senior vice president owned 2,834 shares in the company, valued at $3,960,033.22. This represents a 28.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Franklin Myers sold 8,636 shares of the firm’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $1,472.56, for a total transaction of $12,717,028.16. Following the transaction, the director directly owned 73,995 shares of the company’s stock, valued at approximately $108,962,077.20. This trade represents a 10.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 38,788 shares of company stock worth $56,276,043. Company insiders own 1.24% of the company’s stock.

Comfort Systems USA Stock Up 7.0%

Comfort Systems USA stock opened at $1,844.64 on Friday. The business’s 50-day simple moving average is $1,497.63 and its two-hundred day simple moving average is $1,186.36. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.21 and a current ratio of 1.24. The company has a market cap of $64.93 billion, a PE ratio of 53.22 and a beta of 1.60. Comfort Systems USA, Inc. has a fifty-two week low of $408.96 and a fifty-two week high of $1,855.43.

Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings data on Thursday, April 23rd. The construction company reported $10.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.81 by $3.70. The firm had revenue of $2.87 billion during 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 business posted $4.75 earnings per share. Equities analysts anticipate that Comfort Systems USA, Inc. will post 43.42 EPS for the current year.

Comfort Systems USA Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 26th. Shareholders of record on Friday, May 15th will be paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, May 15th. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.70. Comfort Systems USA’s dividend payout ratio (DPR) is presently 8.08%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Zacks Research downgraded Comfort Systems USA from a “strong-buy” rating to a “hold” rating in a report on Friday, April 24th. Stifel Nicolaus increased their price objective on shares of Comfort Systems USA from $1,611.00 to $1,819.00 and gave the company a “buy” rating in a research report on Thursday, April 16th. Weiss Ratings reiterated 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 target price on the stock in a research report on Friday, April 24th. Finally, Wall Street Zen lowered shares of Comfort Systems USA from a “strong-buy” rating to a “buy” rating in a research note on Saturday, January 3rd. Seven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Comfort Systems USA has a consensus rating of “Moderate Buy” and a consensus target price of $1,923.20.

Comfort Systems USA Company Profile

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.