Comfort Systems USA, Inc. $FIX Shares Bought by Eurizon Capital SGR S.p.A.

Eurizon Capital SGR S.p.A. boosted its position in Comfort Systems USA, Inc. (NYSE:FIX) by 121.2% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 18,152 shares of the construction company’s stock after acquiring an additional 9,947 shares during the period. Eurizon Capital SGR S.p.A. owned 0.05% of Comfort Systems USA worth $30,035,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Signature Equity Partners LLC grew its stake in Comfort Systems USA by 16.7% in the 1st quarter. Signature Equity Partners LLC now owns 35 shares of the construction company’s stock valued at $48,000 after buying an additional 5 shares in the last quarter. Capital Advisors Inc. OK grew its position in Comfort Systems USA by 1.9% in the second quarter. Capital Advisors Inc. OK now owns 321 shares of the construction company’s stock worth $636,000 after acquiring an additional 6 shares in the last quarter. Versant Capital Management Inc raised its position in Comfort Systems USA by 3.4% during the third quarter. Versant Capital Management Inc now owns 183 shares of the construction company’s stock valued at $303,000 after purchasing an additional 6 shares in the last quarter. LifeGoal Investments LLC boosted its holdings in shares of Comfort Systems USA by 1.9% in the 3rd quarter. LifeGoal Investments LLC now owns 314 shares of the construction company’s stock worth $519,000 after purchasing an additional 6 shares in the last quarter. Finally, Petra Financial Advisors Inc. boosted its holdings in shares of Comfort Systems USA by 0.7% in the 1st quarter. Petra Financial Advisors Inc. now owns 1,080 shares of the construction company’s stock worth $1,489,000 after purchasing an additional 7 shares in the last quarter. 96.51% of the stock is owned by hedge funds and other institutional investors.

Comfort Systems USA Trading Down 1.5%

NYSE:FIX opened at $1,110.69 on Friday. The company has a fifty day moving average of $1,468.04 and a 200 day moving average of $1,597.15. Comfort Systems USA, Inc. has a 52 week low of $841.66 and a 52 week high of $2,073.99. The company has a quick ratio of 1.13, a current ratio of 1.15 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $38.86 billion, a P/E ratio of 24.35 and a beta of 1.64.

Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings results on Thursday, October 22nd. The construction company reported $13.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $12.85 by $1.06. The business had revenue of $3.77 billion for the quarter, compared to analyst estimates of $3.40 billion. Comfort Systems USA had a net margin of 13.01% and a return on equity of 55.24%. The company’s revenue was up 53.7% on a year-over-year basis. During the same quarter last year, the firm earned $8.25 EPS. On average, research analysts predict that Comfort Systems USA, Inc. will post 50.03 earnings per share for the current year.

Comfort Systems USA Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 23rd. Investors of record on Thursday, November 12th will be paid a $1.00 dividend. The ex-dividend date of this dividend is Thursday, November 12th. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.90. This represents a $4.00 annualized dividend and a dividend yield of 0.4%. Comfort Systems USA’s payout ratio is 8.64%.

Insider Activity

In other Comfort Systems USA news, insider Brian E. Lane sold 16,024 shares of the company’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $1,608.21, for a total transaction of $25,769,957.04. Following the completion of the transaction, the insider owned 145,065 shares of the company’s stock, valued at $233,294,983.65. This represents a 9.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO William George, III sold 2,554 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $1,859.65, for a total value of $4,749,546.10. Following the completion of the sale, the chief financial officer owned 30,250 shares of the company’s stock, valued at approximately $56,254,412.50. This trade represents a 7.79% decrease in their position. The SEC filing for this sale provides additional information. 1.24% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Stifel Nicolaus set a $1,808.00 price target on shares of Comfort Systems USA in a research report on Monday, October 26th. Zacks Research raised shares of Comfort Systems USA from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 3rd. KeyCorp decreased their target price on shares of Comfort Systems USA from $2,125.00 to $1,979.00 and set an “overweight” rating on the stock in a research report on Monday, October 26th. DA Davidson set a $1,850.00 price target on shares of Comfort Systems USA in a research note on Monday, October 26th. Finally, Oppenheimer lowered their price target on shares of Comfort Systems USA from $2,400.00 to $2,000.00 and set an “outperform” rating for the company in a research note on Monday, October 26th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $1,889.12.

Comfort Systems USA Profile

Comfort Systems USA, Inc. is a provider of heating, ventilation and air conditioning (HVAC) and other mechanical services for commercial, industrial and institutional customers. Founded in 1997 and headquartered in Houston, Texas, the company serves customers across the United States through its operating businesses. Its services include designing and installing HVAC and related mechanical systems for new construction and building renovations, as well as maintaining, repairing and replacing existing equipment.