Kennedy Capital Management LLC Acquires 1,364 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Kennedy Capital Management LLC boosted its stake in Comfort Systems USA, Inc. (NYSE:FIXFree Report) by 3.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 38,642 shares of the construction company’s stock after buying an additional 1,364 shares during the period. Kennedy Capital Management LLC owned 0.11% of Comfort Systems USA worth $6,585,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Point72 Asset Management L.P. purchased a new stake in shares of Comfort Systems USA in the 2nd quarter worth approximately $35,000. Brown Brothers Harriman & Co. grew its stake in shares of Comfort Systems USA by 2,814.3% in the 1st quarter. Brown Brothers Harriman & Co. now owns 408 shares of the construction company’s stock worth $36,000 after buying an additional 394 shares during the last quarter. Meeder Asset Management Inc. grew its stake in shares of Comfort Systems USA by 172.9% in the 4th quarter. Meeder Asset Management Inc. now owns 363 shares of the construction company’s stock worth $42,000 after buying an additional 230 shares during the last quarter. AdvisorNet Financial Inc grew its stake in shares of Comfort Systems USA by 2,410.0% in the 3rd quarter. AdvisorNet Financial Inc now owns 251 shares of the construction company’s stock worth $43,000 after buying an additional 241 shares during the last quarter. Finally, Pinebridge Investments L.P. purchased a new stake in shares of Comfort Systems USA in the 2nd quarter worth approximately $55,000. 94.18% of the stock is owned by institutional investors.

Insider Activity

In related news, Director Darcy Anderson sold 3,800 shares of the firm’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $316.60, for a total value of $1,203,080.00. Following the transaction, the director now directly owns 43,741 shares of the company’s stock, valued at approximately $13,848,400.60. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, Director Darcy Anderson sold 3,800 shares of the firm’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $316.60, for a total value of $1,203,080.00. Following the transaction, the director now directly owns 43,741 shares of the company’s stock, valued at approximately $13,848,400.60. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Pablo G. Mercado sold 1,200 shares of the firm’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $283.17, for a total value of $339,804.00. Following the completion of the transaction, the director now directly owns 11,038 shares in the company, valued at $3,125,630.46. The disclosure for this sale can be found here. Insiders have sold 46,614 shares of company stock valued at $13,419,665 in the last ninety days. 2.48% of the stock is currently owned by company insiders.

Comfort Systems USA Price Performance

NYSE FIX opened at $314.21 on Friday. The business’s fifty day moving average price is $235.46 and its 200-day moving average price is $201.77. The stock has a market capitalization of $11.21 billion, a price-to-earnings ratio of 34.91 and a beta of 1.19. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.11 and a quick ratio of 1.07. Comfort Systems USA, Inc. has a 1-year low of $127.09 and a 1-year high of $329.43.

Comfort Systems USA (NYSE:FIXGet Free Report) last released its quarterly earnings results on Friday, February 23rd. The construction company reported $2.55 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.40. The firm had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.33 billion. Comfort Systems USA had a return on equity of 26.99% and a net margin of 6.21%. The company’s revenue was up 21.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.54 EPS. On average, equities analysts predict that Comfort Systems USA, Inc. will post 11.42 earnings per share for the current year.

Comfort Systems USA Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 19th. Stockholders of record on Friday, March 8th will be issued a dividend of $0.25 per share. The ex-dividend date is Thursday, March 7th. This represents a $1.00 annualized dividend and a dividend yield of 0.32%. Comfort Systems USA’s payout ratio is 11.11%.

Analyst Ratings Changes

Several analysts recently weighed in on the company. DA Davidson upped their price target on Comfort Systems USA from $200.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, February 28th. StockNews.com raised Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Tuesday. KeyCorp assumed coverage on Comfort Systems USA in a research report on Wednesday, January 10th. They issued a “sector weight” rating on the stock. Finally, UBS Group upped their price objective on Comfort Systems USA from $208.00 to $254.00 and gave the company a “neutral” rating in a research report on Thursday, February 15th.

Check Out Our Latest Research Report on FIX

About Comfort Systems USA

(Free Report)

Comfort Systems USA, Inc provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. It engages in the design, engineering, integration, installation, and start-up of mechanical, electrical, and plumbing (MEP) systems; and renovation, expansion, maintenance, monitoring, repair, and replacement of existing buildings.

See Also

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

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