532 Shares in Comfort Systems USA, Inc. $FIX Bought by Wall Street Financial Group Inc.

Wall Street Financial Group Inc. bought a new stake in Comfort Systems USA, Inc. (NYSE:FIX) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 532 shares of the construction company’s stock, valued at approximately $497,000.

A number of other institutional investors have also bought and sold shares of FIX. AQR Capital Management LLC raised its position in shares of Comfort Systems USA by 47.5% in the 2nd quarter. AQR Capital Management LLC now owns 782,435 shares of the construction company’s stock worth $419,049,000 after acquiring an additional 252,007 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Comfort Systems USA by 36.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 734,519 shares of the construction company’s stock valued at $606,117,000 after purchasing an additional 197,613 shares in the last quarter. AMF Tjanstepension AB acquired a new stake in Comfort Systems USA during the third quarter worth approximately $156,183,000. Third Point LLC acquired a new stake in Comfort Systems USA during the second quarter worth approximately $99,199,000. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its holdings in Comfort Systems USA by 1,189.1% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 148,312 shares of the construction company’s stock worth $79,525,000 after purchasing an additional 136,807 shares in the last quarter. Institutional investors own 96.51% of the company’s stock.

Insider Buying and Selling

In other news, insider Brian E. Lane sold 9,365 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $1,453.12, for a total value of $13,608,468.80. Following the transaction, the insider owned 171,523 shares in the company, valued at $249,243,501.76. This trade represents a 5.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO William George III sold 9,000 shares of Comfort Systems USA stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $1,434.97, for a total value of $12,914,730.00. Following the transaction, the chief financial officer directly owned 37,824 shares in the company, valued at approximately $54,276,305.28. The trade was a 19.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 37,288 shares of company stock valued at $53,677,038. 1.59% of the stock is currently owned by company insiders.

Comfort Systems USA Stock Up 3.5%

Shares of NYSE FIX opened at $1,427.42 on Thursday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.21 and a quick ratio of 1.19. The company has a 50-day moving average price of $1,328.93 and a 200-day moving average price of $1,068.36. The stock has a market capitalization of $50.20 billion, a P/E ratio of 49.39 and a beta of 1.59. Comfort Systems USA, Inc. has a 1 year low of $276.44 and a 1 year high of $1,500.00.

Comfort Systems USA (NYSE:FIX) last posted its earnings results on Thursday, February 19th. The construction company reported $9.37 earnings per share for the quarter, topping analysts’ consensus estimates of $6.75 by $2.62. Comfort Systems USA had a net margin of 11.23% and a return on equity of 48.52%. The company had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same quarter in the prior year, the business posted $4.09 EPS. The firm’s revenue was up 41.7% compared to the same quarter last year. On average, equities research analysts forecast that Comfort Systems USA, Inc. will post 16.85 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Stockholders of record on Friday, March 6th were paid a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 0.2%. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend was Friday, March 6th. Comfort Systems USA’s dividend payout ratio (DPR) is currently 9.69%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on FIX shares. Zacks Research raised Comfort Systems USA from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 24th. Wall Street Zen downgraded shares of Comfort Systems USA from a “strong-buy” rating to a “buy” rating in a research report on Saturday, January 3rd. DA Davidson lifted their price objective on shares of Comfort Systems USA from $1,200.00 to $1,800.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. Stifel Nicolaus set a $1,611.00 target price on shares of Comfort Systems USA in a research report on Monday, February 23rd. Finally, UBS Group reissued a “buy” rating and set a $1,310.00 target price on shares of Comfort Systems USA in a research note on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $1,573.67.

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.