Centiva Capital LP Acquires 4,985 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Centiva Capital LP increased its position in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 454.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,082 shares of the construction company's stock after buying an additional 4,985 shares during the period. Centiva Capital LP's holdings in Comfort Systems USA were worth $2,579,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Capstone Investment Advisors LLC purchased a new stake in shares of Comfort Systems USA in the fourth quarter worth approximately $292,000. Captrust Financial Advisors lifted its stake in Comfort Systems USA by 29.2% during the 4th quarter. Captrust Financial Advisors now owns 2,600 shares of the construction company's stock valued at $1,103,000 after acquiring an additional 588 shares in the last quarter. Caxton Associates LP bought a new position in Comfort Systems USA during the 4th quarter valued at $540,000. Bain Capital Public Equity Management II LLC grew its stake in shares of Comfort Systems USA by 307.2% in the 4th quarter. Bain Capital Public Equity Management II LLC now owns 205,723 shares of the construction company's stock worth $87,239,000 after acquiring an additional 155,204 shares in the last quarter. Finally, Bain Capital Public Equity LP raised its holdings in shares of Comfort Systems USA by 12.0% in the fourth quarter. Bain Capital Public Equity LP now owns 11,761 shares of the construction company's stock valued at $4,987,000 after purchasing an additional 1,263 shares during the last quarter. 96.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on FIX. Stifel Nicolaus cut their price target on shares of Comfort Systems USA from $577.00 to $471.00 and set a "buy" rating on the stock in a report on Monday, February 24th. Sidoti raised Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 target price for the company in a report on Monday, February 24th. DA Davidson lifted their price target on Comfort Systems USA from $440.00 to $465.00 and gave the stock a "buy" rating in a report on Monday, April 28th. Finally, StockNews.com downgraded Comfort Systems USA from a "buy" rating to a "hold" rating in a research note on Thursday, April 17th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $517.60.

Comfort Systems USA Stock Performance

Shares of FIX stock traded down $3.29 on Friday, hitting $435.86. 286,284 shares of the stock were exchanged, compared to its average volume of 439,501. Comfort Systems USA, Inc. has a one year low of $272.93 and a one year high of $553.09. The firm's 50 day moving average is $357.21 and its two-hundred day moving average is $412.60. The firm has a market capitalization of $15.37 billion, a PE ratio of 29.83 and a beta of 1.48. 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 (NYSE:FIX - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The construction company reported $4.75 EPS for the quarter, beating analysts' consensus estimates of $3.66 by $1.09. Comfort Systems USA had a net margin of 7.43% and a return on equity of 35.28%. The company had revenue of $1.83 billion for the quarter, compared to analysts' expectations of $1.77 billion. During the same period in the prior year, the company posted $2.69 EPS. Comfort Systems USA's revenue was up 19.1% compared to the same quarter last year. Sell-side analysts expect that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current fiscal year.

Comfort Systems USA Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 27th. Investors of record on Friday, May 16th will be paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.41%. This is a positive change from Comfort Systems USA's previous quarterly dividend of $0.40. The ex-dividend date is Friday, May 16th. Comfort Systems USA's payout ratio is presently 10.80%.

Insiders Place Their Bets

In other news, insider Brian E. Lane sold 15,000 shares of Comfort Systems USA stock in a transaction on Wednesday, May 7th. The shares were sold at an average price of $431.66, for a total transaction of $6,474,900.00. Following the completion of the sale, the insider now directly owns 198,046 shares of the company's stock, valued at approximately $85,488,536.36. The trade was a 7.04 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Vance W. Tang sold 500 shares of the stock in a transaction on Thursday, May 1st. The shares were sold at an average price of $422.00, for a total value of $211,000.00. Following the completion of the transaction, the director now directly owns 4,998 shares in the company, valued at approximately $2,109,156. This represents a 9.09 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 20,300 shares of company stock worth $8,765,860 in the last quarter. 1.59% of the stock is owned by company insiders.

Comfort Systems USA 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.