Texas Permanent School Fund lifted its position in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 3.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,311 shares of the construction company’s stock after buying an additional 876 shares during the quarter. Texas Permanent School Fund owned approximately 0.07% of Comfort Systems USA worth $1,062,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of FIX. Enlightenment Research LLC bought a new stake in Comfort Systems USA during the fourth quarter valued at about $31,000. Cutler Group LP boosted its position in Comfort Systems USA by 45.0% during the fourth quarter. Cutler Group LP now owns 966 shares of the construction company’s stock valued at $42,000 after purchasing an additional 300 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Comfort Systems USA by 23.4% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,574 shares of the construction company’s stock valued at $112,000 after purchasing an additional 488 shares in the last quarter. Brasada Capital Management LP bought a new stake in Comfort Systems USA during the fourth quarter valued at about $131,000. Finally, Janus Henderson Group PLC bought a new stake in Comfort Systems USA during the third quarter valued at about $200,000. 91.59% of the stock is currently owned by institutional investors and hedge funds.

In other news, Director Alan Krusi sold 2,000 shares of the firm’s stock in a transaction dated Friday, February 1st. The stock was sold at an average price of $47.85, for a total value of $95,700.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Franklin Myers acquired 4,000 shares of Comfort Systems USA stock in a transaction dated Wednesday, February 27th. The stock was purchased at an average price of $52.84 per share, with a total value of $211,360.00. Following the completion of the purchase, the chairman now owns 235,000 shares of the company’s stock, valued at $12,417,400. The disclosure for this purchase can be found here. Over the last 90 days, insiders sold 35,131 shares of company stock valued at $1,858,940. Company insiders own 3.45% of the company’s stock.

A number of equities research analysts have commented on FIX shares. DA Davidson increased their price target on Comfort Systems USA from $55.00 to $57.00 and gave the company a “neutral” rating in a research note on Monday, February 25th. Zacks Investment Research cut Comfort Systems USA from a “buy” rating to a “hold” rating in a research note on Monday, December 31st. Finally, Sidoti upgraded Comfort Systems USA from a “neutral” rating to a “buy” rating and set a $55.00 price target for the company in a research note on Wednesday, January 2nd.

Comfort Systems USA stock opened at $52.46 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.31 and a quick ratio of 1.28. Comfort Systems USA, Inc. has a one year low of $39.85 and a one year high of $59.83. The stock has a market capitalization of $1.93 billion, a price-to-earnings ratio of 17.49, a price-to-earnings-growth ratio of 1.57 and a beta of 1.35.

Comfort Systems USA (NYSE:FIX) last released its quarterly earnings results on Thursday, February 21st. The construction company reported $0.67 EPS for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.13). Comfort Systems USA had a net margin of 5.17% and a return on equity of 23.37%. The business had revenue of $588.36 million during the quarter, compared to analysts’ expectations of $568.77 million. During the same quarter last year, the business posted $0.45 earnings per share. The company’s quarterly revenue was up 27.6% compared to the same quarter last year. As a group, equities analysts predict that Comfort Systems USA, Inc. will post 3.35 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 22nd. Stockholders of record on Monday, March 11th will be paid a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 0.72%. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend is Friday, March 8th. Comfort Systems USA’s dividend payout ratio (DPR) is presently 12.67%.

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About Comfort Systems USA

Comfort Systems USA, Inc provides mechanical installation, renovation, maintenance, repair, and replacement services for the mechanical services industry in the United States. It is involved in the design, engineering, integration, installation, and start-up of mechanical and related systems; and maintenance, repair, replacement, renovation, expansion, reconfiguration, and monitoring of mechanical systems, including heating, ventilation, and air conditioning (HVAC) systems, as well as industrial process piping.

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

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