Crossmark Global Holdings Inc. purchased a new stake in Comfort Systems USA, Inc. (NYSE:FIX) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 9,892 shares of the construction company’s stock, valued at approximately $353,000.

Several other large investors have also added to or reduced their stakes in FIX. FMR LLC raised its holdings in shares of Comfort Systems USA by 2,421.9% in the 2nd quarter. FMR LLC now owns 1,006,223 shares of the construction company’s stock valued at $37,331,000 after acquiring an additional 966,323 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Comfort Systems USA by 25.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,257,421 shares of the construction company’s stock valued at $46,650,000 after purchasing an additional 253,377 shares during the last quarter. Neumeier Poma Investment Counsel LLC increased its position in shares of Comfort Systems USA by 34.3% during the 2nd quarter. Neumeier Poma Investment Counsel LLC now owns 868,825 shares of the construction company’s stock valued at $32,233,000 after purchasing an additional 221,875 shares during the last quarter. Westwood Holdings Group Inc. increased its position in shares of Comfort Systems USA by 36.4% during the 2nd quarter. Westwood Holdings Group Inc. now owns 534,660 shares of the construction company’s stock valued at $19,836,000 after purchasing an additional 142,721 shares during the last quarter. Finally, Thrivent Financial For Lutherans increased its position in shares of Comfort Systems USA by 53.3% during the 2nd quarter. Thrivent Financial For Lutherans now owns 329,916 shares of the construction company’s stock valued at $12,239,000 after purchasing an additional 114,677 shares during the last quarter. 91.94% of the stock is currently owned by hedge funds and other institutional investors.

In other Comfort Systems USA news, Chairman Franklin Myers acquired 3,000 shares of the company’s stock in a transaction on Tuesday, November 14th. The stock was acquired at an average price of $40.23 per share, for a total transaction of $120,690.00. Following the acquisition, the chairman now owns 208,000 shares in the company, valued at approximately $8,367,840. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Julie Shaeff sold 15,905 shares of the stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $42.65, for a total value of $678,348.25. Following the completion of the sale, the insider now owns 35,472 shares of the company’s stock, valued at approximately $1,512,880.80. The disclosure for this sale can be found here. In the last quarter, insiders sold 35,905 shares of company stock valued at $1,530,088. Company insiders own 3.48% of the company’s stock.

Comfort Systems USA, Inc. (NYSE FIX) opened at $42.15 on Friday. 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, Inc. has a 1 year low of $31.80 and a 1 year high of $44.67. The stock has a market capitalization of $1,565.20, a P/E ratio of 24.51, a P/E/G ratio of 2.36 and a beta of 1.31.

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

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 21st. Shareholders of record on Friday, November 10th were issued a $0.075 dividend. This represents a $0.30 annualized dividend and a yield of 0.71%. The ex-dividend date of this dividend was Thursday, November 9th. Comfort Systems USA’s dividend payout ratio (DPR) is currently 17.44%.

FIX has been the topic of several recent research reports. DA Davidson increased their price objective on Comfort Systems USA to $43.00 and gave the company a “neutral” rating in a research report on Monday, October 30th. Zacks Investment Research lowered Comfort Systems USA from a “hold” rating to a “sell” rating in a research report on Wednesday, October 25th. Gilford Securities lowered Comfort Systems USA from a “buy” rating to a “neutral” rating in a research report on Friday, November 10th. Finally, Guggenheim lowered Comfort Systems USA from a “buy” rating to a “neutral” rating in a research report on Friday, November 10th. Six analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $63.00.

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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.

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

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