Westwood Holdings Group Inc. boosted its position in Comfort Systems USA, Inc. (NYSE:FIX) by 13.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 656,929 shares of the construction company’s stock after purchasing an additional 78,062 shares during the period. Westwood Holdings Group Inc.’s holdings in Comfort Systems USA were worth $34,417,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in FIX. Piedmont Investment Advisors Inc. increased its holdings in Comfort Systems USA by 3.0% during the fourth quarter. Piedmont Investment Advisors Inc. now owns 8,832 shares of the construction company’s stock valued at $386,000 after buying an additional 254 shares during the period. Oregon Public Employees Retirement Fund increased its holdings in Comfort Systems USA by 1.8% during the first quarter. Oregon Public Employees Retirement Fund now owns 14,388 shares of the construction company’s stock valued at $754,000 after buying an additional 260 shares during the period. Comerica Bank increased its holdings in Comfort Systems USA by 0.7% during the first quarter. Comerica Bank now owns 38,773 shares of the construction company’s stock valued at $2,095,000 after buying an additional 271 shares during the period. Cutler Group LP increased its holdings 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 buying an additional 300 shares during the period. Finally, Mason Street Advisors LLC increased its holdings in Comfort Systems USA by 2.6% during the first quarter. Mason Street Advisors LLC now owns 11,841 shares of the construction company’s stock valued at $620,000 after buying an additional 304 shares during the period. 92.02% of the stock is owned by institutional investors and hedge funds.

Several brokerages recently issued reports on FIX. Zacks Investment Research lowered shares of Comfort Systems USA from a “buy” rating to a “hold” rating in a report on Monday, April 29th. DA Davidson lifted their price objective on shares of Comfort Systems USA from $55.00 to $57.00 and gave the company a “neutral” rating in a report on Monday, February 25th. Finally, Sidoti lowered shares of Comfort Systems USA from a “buy” rating to a “neutral” rating and set a $57.00 price objective on the stock. in a report on Tuesday, March 12th.

In other news, Chairman Franklin Myers bought 4,500 shares of the stock in a transaction on Monday, April 29th. The stock was bought at an average cost of $53.61 per share, for a total transaction of $241,245.00. Following the completion of the purchase, the chairman now directly owns 239,500 shares in the company, valued at $12,839,595. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Pablo G. Mercado bought 1,000 shares of the stock in a transaction on Wednesday, May 22nd. The stock was purchased at an average price of $49.38 per share, with a total value of $49,380.00. Following the completion of the purchase, the director now owns 4,262 shares of the company’s stock, valued at $210,457.56. The disclosure for this purchase can be found here. Over the last 90 days, insiders acquired 7,238 shares of company stock valued at $376,569. 3.23% of the stock is owned by insiders.

FIX stock traded up $0.02 during trading on Wednesday, hitting $48.55. 3,195 shares of the company’s stock traded hands, compared to its average volume of 232,078. The firm has a market cap of $1.82 billion, a price-to-earnings ratio of 16.17, a PEG ratio of 1.48 and a beta of 1.37. The company has a quick ratio of 1.33, a current ratio of 1.36 and a debt-to-equity ratio of 0.14. Comfort Systems USA, Inc. has a 1 year low of $41.14 and a 1 year high of $59.83.

Comfort Systems USA (NYSE:FIX) last announced its earnings results on Thursday, April 25th. The construction company reported $0.53 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.55 by ($0.02). The firm had revenue of $538.47 million during the quarter, compared to analyst estimates of $538.80 million. Comfort Systems USA had a net margin of 5.15% and a return on equity of 23.00%. Comfort Systems USA’s revenue was up 15.8% on a year-over-year basis. During the same quarter last year, the business earned $0.44 earnings per share. Analysts anticipate that Comfort Systems USA, Inc. will post 3.34 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, May 24th. Shareholders of record on Monday, May 13th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.82%. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.10. The ex-dividend date was Friday, May 10th. Comfort Systems USA’s dividend payout ratio (DPR) is 13.33%.

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Comfort Systems USA Profile

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 plumbing, piping and controls, off-site construction, electrical, monitoring, and fire protection.

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

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