Comfort Systems USA, Inc. (NYSE:FIX) Shares Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets raised its stake in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 106.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,456 shares of the construction company's stock after purchasing an additional 28,041 shares during the period. BNP Paribas Financial Markets owned about 0.15% of Comfort Systems USA worth $23,093,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the stock. Barclays PLC increased its holdings in shares of Comfort Systems USA by 23.4% in the third quarter. Barclays PLC now owns 22,848 shares of the construction company's stock valued at $8,919,000 after purchasing an additional 4,331 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in Comfort Systems USA by 1.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,670 shares of the construction company's stock worth $1,042,000 after acquiring an additional 46 shares during the period. Harbor Capital Advisors Inc. grew its holdings in Comfort Systems USA by 0.6% during the fourth quarter. Harbor Capital Advisors Inc. now owns 22,448 shares of the construction company's stock worth $9,519,000 after acquiring an additional 125 shares during the period. Oak Thistle LLC acquired a new position in Comfort Systems USA during the fourth quarter worth $621,000. Finally, Park Avenue Securities LLC grew its holdings in Comfort Systems USA by 11.2% during the fourth quarter. Park Avenue Securities LLC now owns 3,146 shares of the construction company's stock worth $1,334,000 after acquiring an additional 316 shares during the period. Institutional investors and hedge funds own 96.51% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Sidoti raised Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 price objective on the stock in a report on Monday, February 24th. DA Davidson upped their price objective on Comfort Systems USA from $440.00 to $465.00 and gave the stock a "buy" rating in a report on Monday, April 28th. Stifel Nicolaus lowered their target price on Comfort Systems USA from $577.00 to $471.00 and set a "buy" rating on the stock in a report on Monday, February 24th. Finally, StockNews.com lowered Comfort Systems USA from a "buy" rating to a "hold" rating in a report on Thursday, April 17th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $517.60.

Comfort Systems USA Price Performance

Shares of NYSE:FIX traded up $17.84 on Monday, hitting $452.72. The company had a trading volume of 246,466 shares, compared to its average volume of 439,473. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.04. Comfort Systems USA, Inc. has a 52-week low of $272.93 and a 52-week high of $553.09. The business has a 50 day moving average of $359.28 and a 200 day moving average of $413.17. The company has a market cap of $15.97 billion, a PE ratio of 30.99 and a beta of 1.48.

Comfort Systems USA (NYSE:FIX - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The construction company reported $4.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.66 by $1.09. Comfort Systems USA had a return on equity of 35.28% and a net margin of 7.43%. The business had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.77 billion. During the same period in the prior year, the business earned $2.69 earnings per share. The business's revenue was up 19.1% on a year-over-year basis. As a group, equities analysts anticipate that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current fiscal year.

Comfort Systems USA Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 27th. Investors of record on Friday, May 16th will be given a dividend of $0.45 per share. The ex-dividend date is Friday, May 16th. This is an increase from Comfort Systems USA's previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a yield of 0.40%. Comfort Systems USA's dividend payout ratio is 10.80%.

Insider Buying and Selling

In other Comfort Systems USA news, Director Vance W. Tang sold 500 shares of the company's stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $422.00, for a total transaction of $211,000.00. Following the completion of the sale, the director now directly owns 4,998 shares in the company, valued at $2,109,156. This represents a 9.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Pablo G. Mercado sold 1,800 shares of the company's stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $436.10, for a total value of $784,980.00. Following the sale, the director now owns 7,236 shares of the company's stock, valued at $3,155,619.60. This represents a 19.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 20,300 shares of company stock worth $8,765,860. 1.59% of the stock is owned by company insiders.

Comfort Systems USA Company 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.