Comfort Systems USA, Inc. $FIX Shares Purchased by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in Comfort Systems USA, Inc. (NYSE:FIX) by 6.6% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 9,043 shares of the construction company’s stock after purchasing an additional 562 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Comfort Systems USA were worth $4,849,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC purchased a new position in shares of Comfort Systems USA during the second quarter worth $27,000. Stone House Investment Management LLC acquired a new position in Comfort Systems USA during the 1st quarter worth about $31,000. Brooklyn Investment Group boosted its holdings in Comfort Systems USA by 259.4% during the 1st quarter. Brooklyn Investment Group now owns 115 shares of the construction company’s stock valued at $37,000 after acquiring an additional 83 shares during the period. Tradewinds Capital Management LLC grew its position in Comfort Systems USA by 37.8% in the 2nd quarter. Tradewinds Capital Management LLC now owns 113 shares of the construction company’s stock valued at $61,000 after acquiring an additional 31 shares in the last quarter. Finally, Cullen Frost Bankers Inc. grew its position in Comfort Systems USA by 310.7% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 115 shares of the construction company’s stock valued at $62,000 after acquiring an additional 87 shares in the last quarter. Hedge funds and other institutional investors own 96.51% of the company’s stock.

Comfort Systems USA Stock Up 0.0%

Shares of Comfort Systems USA stock opened at $919.94 on Wednesday. Comfort Systems USA, Inc. has a 52-week low of $276.44 and a 52-week high of $1,020.26. The company has a 50 day moving average of $863.37 and a 200 day moving average of $674.50. The company has a quick ratio of 1.20, a current ratio of 1.22 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $32.45 billion, a P/E ratio of 38.95 and a beta of 1.55.

Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings data on Monday, August 15th. The construction company reported $0.90 EPS for the quarter. The company had revenue of $713.90 million for the quarter. Comfort Systems USA had a net margin of 10.06% and a return on equity of 43.59%. As a group, research analysts forecast that Comfort Systems USA, Inc. will post 16.85 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 24th. Shareholders of record on Thursday, November 13th will be paid a $0.60 dividend. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.50. This represents a $2.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Thursday, November 13th. Comfort Systems USA’s payout ratio is 10.16%.

Insider Activity at Comfort Systems USA

In related news, Director Franklin Myers sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $1,006.68, for a total transaction of $5,033,400.00. Following the completion of the sale, the director owned 82,901 shares in the company, valued at $83,454,778.68. The trade was a 5.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Herman E. Bulls sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $1,013.62, for a total value of $2,027,240.00. Following the completion of the transaction, the director directly owned 30,574 shares of the company’s stock, valued at $30,990,417.88. This trade represents a 6.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 16,078 shares of company stock worth $15,242,037 over the last three months. Company insiders own 1.59% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on FIX. William Blair began coverage on shares of Comfort Systems USA in a research report on Thursday, September 11th. They set an “outperform” rating on the stock. Wall Street Zen raised shares of Comfort Systems USA from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 25th. Stifel Nicolaus set a $1,069.00 target price on shares of Comfort Systems USA in a report on Friday, October 24th. UBS Group raised their price target on shares of Comfort Systems USA from $875.00 to $1,140.00 and gave the company a “buy” rating in a research report on Monday, October 27th. Finally, DA Davidson set a $810.00 price objective on Comfort Systems USA in a research report on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Comfort Systems USA presently has a consensus rating of “Buy” and an average price target of $819.20.

Comfort Systems USA Profile

Comfort Systems USA, Inc, together with its subsidiaries, provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. It operates through two segments, Mechanical and Electrical. The company offers heating, ventilation, and air conditioning systems, as well as plumbing, electrical, piping and controls, off-site construction, monitoring, and fire protection.