HBK Investments L P increased its position in Comfort Systems USA, Inc. (NYSE:FIX) by 15.5% during the 4th quarter, HoldingsChannel reports. The firm owned 11,092 shares of the construction company’s stock after acquiring an additional 1,492 shares during the quarter. HBK Investments L P’s holdings in Comfort Systems USA were worth $484,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in FIX. BlackRock Inc. grew its stake in Comfort Systems USA by 4.2% in the fourth quarter. BlackRock Inc. now owns 5,285,746 shares of the construction company’s stock worth $230,723,000 after purchasing an additional 213,140 shares in the last quarter. Neumeier Poma Investment Counsel LLC grew its stake in Comfort Systems USA by 15.6% in the third quarter. Neumeier Poma Investment Counsel LLC now owns 1,004,775 shares of the construction company’s stock worth $35,870,000 after purchasing an additional 135,950 shares in the last quarter. WINTON GROUP Ltd bought a new position in Comfort Systems USA in the fourth quarter worth approximately $5,870,000. Bank of New York Mellon Corp grew its stake in Comfort Systems USA by 10.2% in the third quarter. Bank of New York Mellon Corp now owns 1,385,182 shares of the construction company’s stock worth $49,450,000 after purchasing an additional 127,761 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. grew its stake in Comfort Systems USA by 103.8% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 242,700 shares of the construction company’s stock worth $10,594,000 after purchasing an additional 123,600 shares in the last quarter. 95.05% of the stock is currently owned by institutional investors.
Shares of Comfort Systems USA, Inc. (NYSE FIX) opened at $39.85 on Monday. The company has a current ratio of 1.31, a quick ratio of 1.28 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $1,481.43, a price-to-earnings ratio of 23.17, a price-to-earnings-growth ratio of 1.67 and a beta of 1.19. Comfort Systems USA, Inc. has a twelve month low of $31.90 and a twelve month high of $44.80.
The business also recently announced a quarterly dividend, which was paid on Friday, March 23rd. Shareholders of record on Monday, March 12th were issued a dividend of $0.075 per share. The ex-dividend date was Friday, March 9th. This represents a $0.30 dividend on an annualized basis and a yield of 0.75%. Comfort Systems USA’s dividend payout ratio is currently 20.41%.
Separately, Zacks Investment Research raised Comfort Systems USA from a “hold” rating to a “buy” rating and set a $50.00 price objective on the stock in a research note on Wednesday, December 27th. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $58.00.
In related news, Chairman Franklin Myers bought 2,500 shares of the stock in a transaction on Wednesday, March 7th. The stock was bought at an average price of $41.85 per share, for a total transaction of $104,625.00. Following the completion of the acquisition, the chairman now directly owns 215,000 shares in the company, valued at $8,997,750. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Brian E. Lane sold 19,124 shares of the company’s stock in a transaction on Friday, March 2nd. The stock was sold at an average price of $40.26, for a total value of $769,932.24. The disclosure for this sale can be found here. 3.48% of the stock is owned by corporate insiders.
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Comfort Systems USA Company Profile
Comfort Systems USA, Inc is a provider of mechanical contracting services, which principally includes heating, ventilation and air conditioning (HVAC), plumbing, piping and controls, as well as off-site construction, electrical, monitoring and fire protection. As of December 31, 2016, the Company installed, maintained, repaired and replaced products and systems throughout its 35 operating units in 84 cities and 91 locations throughout the United States.
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