Public Employees Retirement System of Ohio increased its position in Comfort Systems USA, Inc. (NYSE:FIX) by 6.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,715 shares of the construction company’s stock after purchasing an additional 173 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Comfort Systems USA were worth $101,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in FIX. California Public Employees Retirement System increased its position in Comfort Systems USA by 4.7% in the first quarter. California Public Employees Retirement System now owns 33,400 shares of the construction company’s stock worth $1,224,000 after purchasing an additional 1,500 shares during the period. Geode Capital Management LLC increased its position in Comfort Systems USA by 3.1% in the first quarter. Geode Capital Management LLC now owns 282,857 shares of the construction company’s stock worth $10,366,000 after purchasing an additional 8,402 shares during the period. Schwab Charles Investment Management Inc. increased its position in Comfort Systems USA by 11.0% in the first quarter. Schwab Charles Investment Management Inc. now owns 223,873 shares of the construction company’s stock worth $8,205,000 after purchasing an additional 22,212 shares during the period. State Street Corp increased its position in Comfort Systems USA by 5.3% in the first quarter. State Street Corp now owns 891,060 shares of the construction company’s stock worth $32,661,000 after purchasing an additional 45,139 shares during the period. Finally, Credit Suisse AG grew its position in shares of Comfort Systems USA by 52.8% during the 1st quarter. Credit Suisse AG now owns 62,890 shares of the construction company’s stock worth $2,305,000 after buying an additional 21,739 shares during the period. Hedge funds and other institutional investors own 91.94% of the company’s stock.

Several research firms have recently issued reports on FIX. Gilford Securities lowered Comfort Systems USA from a “buy” rating to a “neutral” rating in a research report on Friday, November 10th. Guggenheim lowered Comfort Systems USA from a “buy” rating to a “neutral” rating in a research report on Friday, November 10th. Zacks Investment Research upgraded Comfort Systems USA from a “sell” rating to a “hold” rating in a research report on Wednesday, November 1st. Finally, DA Davidson boosted their target price on Comfort Systems USA to $43.00 and gave the stock a “neutral” rating in a research report on Monday, October 30th. Six investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $63.00.

In other news, Director Alan Krusi sold 2,000 shares of Comfort Systems USA stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $43.24, for a total transaction of $86,480.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Darcy Anderson sold 10,000 shares of Comfort Systems USA stock in a transaction dated Monday, October 30th. The shares were sold at an average price of $42.75, for a total value of $427,500.00. Following the transaction, the director now owns 42,352 shares in the company, valued at approximately $1,810,548. The disclosure for this sale can be found here. Insiders have sold a total of 35,905 shares of company stock valued at $1,530,088 over the last 90 days. Corporate insiders own 3.48% of the company’s stock.

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Comfort Systems USA, Inc. (NYSE:FIX) opened at $41.80 on Tuesday. The stock has a market capitalization of $1,537.36, a PE ratio of 24.07, a PEG ratio of 2.32 and a beta of 1.31. Comfort Systems USA, Inc. has a 12-month low of $31.80 and a 12-month high of $44.67. The company has a current ratio of 1.33, a quick ratio of 1.30 and a debt-to-equity ratio of 0.20.

Comfort Systems USA (NYSE:FIX) last posted its earnings results on Thursday, October 26th. The construction company reported $0.59 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.57 by $0.02. The company had revenue of $480.85 million during the quarter, compared to analyst estimates of $469.53 million. Comfort Systems USA had a return on equity of 16.49% and a net margin of 3.76%. The company’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.54 EPS. equities research analysts predict that Comfort Systems USA, Inc. will post 1.78 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 21st. Stockholders of record on Friday, November 10th will be given a dividend of $0.075 per share. The ex-dividend date of this dividend is Thursday, November 9th. This represents a $0.30 annualized dividend and a dividend yield of 0.72%. Comfort Systems USA’s payout ratio is currently 17.44%.

About Comfort Systems USA

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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Institutional Ownership by Quarter for Comfort Systems USA (NYSE:FIX)

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