Comfort Systems USA, Inc. $FIX Shares Purchased by Katamaran Capital LLP

Katamaran Capital LLP boosted its stake in Comfort Systems USA, Inc. (NYSE:FIX) by 194.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 3,548 shares of the construction company’s stock after purchasing an additional 2,343 shares during the quarter. Comfort Systems USA comprises 2.5% of Katamaran Capital LLP’s investment portfolio, making the stock its 17th biggest position. Katamaran Capital LLP’s holdings in Comfort Systems USA were worth $3,311,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in FIX. Vanguard Group Inc. grew its stake in Comfort Systems USA by 17.0% in the 4th quarter. Vanguard Group Inc. now owns 4,310,126 shares of the construction company’s stock valued at $4,022,597,000 after acquiring an additional 625,567 shares during the period. JPMorgan Chase & Co. grew its stake in Comfort Systems USA by 36.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 734,519 shares of the construction company’s stock valued at $606,117,000 after acquiring an additional 197,613 shares during the period. AMF Tjanstepension AB acquired a new stake in Comfort Systems USA in the 3rd quarter valued at $156,183,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its stake in Comfort Systems USA by 1,189.1% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 148,312 shares of the construction company’s stock valued at $79,525,000 after acquiring an additional 136,807 shares during the period. Finally, First Trust Advisors LP grew its stake in Comfort Systems USA by 29.8% in the 3rd quarter. First Trust Advisors LP now owns 513,257 shares of the construction company’s stock valued at $423,529,000 after acquiring an additional 117,892 shares during the period. Institutional investors and hedge funds own 96.51% of the company’s stock.

Comfort Systems USA Trading Down 0.1%

Shares of FIX stock opened at $1,950.66 on Monday. The stock has a market cap of $68.66 billion, a price-to-earnings ratio of 56.28 and a beta of 1.70. Comfort Systems USA, Inc. has a twelve month low of $430.79 and a twelve month high of $2,018.05. The company’s 50-day moving average price is $1,529.16 and its 200-day moving average price is $1,215.34. The company has a current ratio of 1.24, a quick ratio of 1.21 and a debt-to-equity ratio of 0.01.

Comfort Systems USA (NYSE:FIX) last issued its quarterly earnings data 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 for the quarter, compared to analyst estimates of $2.39 billion. Comfort Systems USA had a net margin of 12.07% and a return on equity of 51.69%. Comfort Systems USA’s revenue was up 56.5% on a year-over-year basis. During the same period in the previous year, the firm earned $4.75 EPS. As a group, equities analysts predict that Comfort Systems USA, Inc. will post 43.17 earnings per share for the current year.

Comfort Systems USA Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 26th. Investors of record on Friday, May 15th will be issued a $0.80 dividend. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.70. The ex-dividend date is Friday, May 15th. This represents a $3.20 annualized dividend and a yield of 0.2%. Comfort Systems USA’s payout ratio is presently 8.08%.

Analyst Ratings Changes

Several brokerages have issued reports on FIX. Glj Research began coverage on shares of Comfort Systems USA in a research note on Monday, April 20th. They set a “buy” rating and a $2,001.00 target price on the stock. Stifel Nicolaus lifted their target price on shares of Comfort Systems USA from $1,611.00 to $1,819.00 and gave the stock a “buy” rating in a research note on Thursday, April 16th. UBS Group lifted their target price on shares of Comfort Systems USA from $1,680.00 to $1,992.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Zacks Research cut shares of Comfort Systems USA from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 24th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Comfort Systems USA in a research note on Monday, April 20th. Seven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Comfort Systems USA has an average rating of “Moderate Buy” and an average target price of $1,923.20.

Insider Transactions at Comfort Systems USA

In related news, Director Pablo G. Mercado sold 500 shares of the business’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $1,779.78, for a total value of $889,890.00. Following the sale, the director directly owned 3,000 shares in the company, valued at approximately $5,339,340. The trade was a 14.29% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Franklin Myers sold 4,500 shares of the business’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $1,902.57, for a total transaction of $8,561,565.00. Following the sale, the director owned 68,983 shares in the company, valued at $131,244,986.31. This trade represents a 6.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 54,901 shares of company stock worth $87,618,330 in the last 90 days. Insiders own 1.24% of the company’s stock.

About Comfort Systems USA

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.