2,746 Shares in Comfort Systems USA, Inc. (NYSE:FIX) Purchased by Moody National Bank Trust Division

Moody National Bank Trust Division acquired a new stake in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) in the first quarter, according to its most recent filing with the SEC. The fund acquired 2,746 shares of the construction company's stock, valued at approximately $885,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Versant Capital Management Inc lifted its holdings in shares of Comfort Systems USA by 257.1% in the first quarter. Versant Capital Management Inc now owns 100 shares of the construction company's stock worth $32,000 after buying an additional 72 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in Comfort Systems USA by 1,925.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 81 shares of the construction company's stock worth $34,000 after purchasing an additional 77 shares in the last quarter. Colonial Trust Co SC boosted its holdings in Comfort Systems USA by 352.6% in the 4th quarter. Colonial Trust Co SC now owns 86 shares of the construction company's stock valued at $36,000 after purchasing an additional 67 shares during the period. Private Trust Co. NA grew its position in shares of Comfort Systems USA by 41.3% during the 4th quarter. Private Trust Co. NA now owns 106 shares of the construction company's stock valued at $45,000 after purchasing an additional 31 shares in the last quarter. Finally, Johnson Financial Group Inc. increased its holdings in shares of Comfort Systems USA by 131.1% in the fourth quarter. Johnson Financial Group Inc. now owns 104 shares of the construction company's stock worth $45,000 after purchasing an additional 59 shares during the period. Institutional investors own 96.51% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on FIX shares. Wall Street Zen lowered Comfort Systems USA from a "buy" rating to a "hold" rating in a research note on Thursday, April 17th. DA Davidson lifted their price target on Comfort Systems USA from $440.00 to $465.00 and gave the company a "buy" rating in a research report on Monday, April 28th. Sidoti upgraded shares of Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 price objective on the stock in a research report on Monday, February 24th. Finally, Stifel Nicolaus raised their target price on shares of Comfort Systems USA from $471.00 to $512.00 and gave the company a "buy" rating in a research note on Friday, May 23rd. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $525.80.

Comfort Systems USA Trading Up 0.8%

NYSE:FIX traded up $3.84 during trading hours on Wednesday, reaching $500.62. The company's stock had a trading volume of 110,831 shares, compared to its average volume of 437,281. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.02 and a current ratio of 1.04. The firm has a market capitalization of $17.66 billion, a price-to-earnings ratio of 34.27 and a beta of 1.48. The firm has a 50-day simple moving average of $401.20 and a 200-day simple moving average of $418.73. Comfort Systems USA, Inc. has a 1 year low of $272.93 and a 1 year high of $553.09.

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

Comfort Systems USA Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 27th. Stockholders of record on Friday, May 16th were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Friday, May 16th. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a dividend yield of 0.36%. Comfort Systems USA's payout ratio is 10.80%.

Insider Activity at Comfort Systems USA

In other Comfort Systems USA news, CFO William George III sold 12,500 shares of the firm's stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $470.11, for a total value of $5,876,375.00. Following the completion of the sale, the chief financial officer now directly owns 47,473 shares in the company, valued at $22,317,532.03. This trade represents a 20.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Vance W. Tang sold 500 shares of Comfort Systems USA stock in a transaction that occurred 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 sale, the director now directly owns 4,998 shares in the company, valued at approximately $2,109,156. The trade was a 9.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 32,800 shares of company stock worth $14,642,235 over the last quarter. 1.59% of the stock is owned by corporate 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.