Comfort Systems USA, Inc. $FIX Stock Holdings Raised by New Millennium Group LLC

New Millennium Group LLC increased its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 9.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 7,970 shares of the construction company’s stock after acquiring an additional 667 shares during the period. Comfort Systems USA comprises 3.2% of New Millennium Group LLC’s portfolio, making the stock its 10th biggest position. New Millennium Group LLC’s holdings in Comfort Systems USA were worth $7,438,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of FIX. NewEdge Advisors LLC grew its position in Comfort Systems USA by 41.1% in the 1st quarter. NewEdge Advisors LLC now owns 3,412 shares of the construction company’s stock valued at $1,100,000 after acquiring an additional 993 shares during the last quarter. Focus Partners Wealth lifted its position in shares of Comfort Systems USA by 110.6% during the first quarter. Focus Partners Wealth now owns 2,300 shares of the construction company’s stock worth $741,000 after purchasing an additional 1,208 shares during the last quarter. Sivia Capital Partners LLC lifted its position in shares of Comfort Systems USA by 40.9% during the second quarter. Sivia Capital Partners LLC now owns 1,079 shares of the construction company’s stock worth $579,000 after purchasing an additional 313 shares during the last quarter. WINTON GROUP Ltd purchased a new stake in shares of Comfort Systems USA during the second quarter valued at $567,000. Finally, Sei Investments Co. boosted its stake in shares of Comfort Systems USA by 69.2% during the second quarter. Sei Investments Co. now owns 43,631 shares of the construction company’s stock valued at $23,395,000 after purchasing an additional 17,839 shares during the period. Hedge funds and other institutional investors own 96.51% of the company’s stock.

Insider Transactions at Comfort Systems USA

In related news, Director Pablo G. Mercado sold 500 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the director owned 3,000 shares of the company’s stock, valued at $5,339,340. The trade was a 14.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Franklin Myers sold 4,500 shares of the company’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $1,902.57, for a total value of $8,561,565.00. Following the sale, the director owned 68,983 shares of the company’s stock, valued at approximately $131,244,986.31. This represents a 6.12% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 61,024 shares of company stock worth $99,678,386. Insiders own 1.24% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on FIX. Stifel Nicolaus raised their price target 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. Wall Street Zen cut 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 note on Monday, April 20th. UBS Group raised 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 report on Monday, April 27th. Finally, Zacks Research downgraded shares of Comfort Systems USA from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 24th. Seven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Comfort Systems USA currently has an average rating of “Moderate Buy” and a consensus target price of $1,923.20.

Comfort Systems USA Stock Performance

Shares of Comfort Systems USA stock opened at $1,829.88 on Friday. The firm has a market cap of $64.41 billion, a P/E ratio of 52.80 and a beta of 1.70. 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, Inc. has a 12 month low of $452.65 and a 12 month high of $2,073.99. The stock’s fifty day moving average price is $1,647.02 and its 200-day moving average price is $1,291.35.

Comfort Systems USA (NYSE:FIX) last released its quarterly earnings data on Thursday, April 23rd. The construction company reported $10.51 earnings per share for the quarter, topping analysts’ consensus estimates of $6.81 by $3.70. Comfort Systems USA had a net margin of 12.07% and a return on equity of 51.69%. The company had revenue of $2.87 billion during the quarter, compared to analyst estimates of $2.39 billion. During the same period in the prior year, the firm earned $4.75 earnings per share. The firm’s revenue for the quarter was up 56.5% compared to the same quarter last year. On average, equities 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 firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Friday, May 15th will be issued a $0.80 dividend. The ex-dividend date is Friday, May 15th. 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. Comfort Systems USA’s dividend payout ratio (DPR) is presently 9.23%.

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.