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2,403 Shares in Comfort Systems USA, Inc. (NYSE:FIX) Acquired by Blackhawk Capital Partners LLC.

Comfort Systems USA logo with Construction background

Blackhawk Capital Partners LLC. acquired a new position in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,403 shares of the construction company's stock, valued at approximately $775,000.

Several other large investors also recently added to or reduced their stakes in FIX. Tradewinds Capital Management LLC increased its holdings in Comfort Systems USA by 49.1% in the 1st quarter. Tradewinds Capital Management LLC now owns 82 shares of the construction company's stock worth $26,000 after acquiring an additional 27 shares during the last quarter. Versant Capital Management Inc grew its holdings in Comfort Systems USA by 257.1% during the 1st quarter. Versant Capital Management Inc now owns 100 shares of the construction company's stock valued at $32,000 after buying an additional 72 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in Comfort Systems USA by 1,925.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 81 shares of the construction company's stock valued at $34,000 after buying an additional 77 shares in the last quarter. Colonial Trust Co SC grew its holdings in Comfort Systems USA by 352.6% during the 4th quarter. Colonial Trust Co SC now owns 86 shares of the construction company's stock valued at $36,000 after buying an additional 67 shares in the last quarter. Finally, Rothschild Investment LLC grew its holdings in Comfort Systems USA by 106.9% during the 1st quarter. Rothschild Investment LLC now owns 120 shares of the construction company's stock valued at $39,000 after buying an additional 62 shares in the last quarter. Hedge funds and other institutional investors own 96.51% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on FIX. Stifel Nicolaus lifted their target price on Comfort Systems USA from $471.00 to $512.00 and gave the company a "buy" rating in a report on Friday, May 23rd. DA Davidson lifted their target price on Comfort Systems USA from $465.00 to $630.00 and gave the company a "buy" rating in a report on Monday, June 30th. Finally, Wall Street Zen lowered Comfort Systems USA from a "buy" rating to a "hold" rating in a report on Saturday. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $558.80.

Read Our Latest Analysis on FIX

Insider Activity

In other news, Director Vance W. Tang sold 500 shares of Comfort Systems USA 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 owned 4,998 shares in the company, valued at approximately $2,109,156. This trade represents a 9.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Pablo G. Mercado sold 1,800 shares of the business's stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $436.10, for a total value of $784,980.00. Following the completion of the sale, the director owned 7,236 shares of the company's stock, valued at $3,155,619.60. The trade was a 19.92% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 40,800 shares of company stock worth $18,696,795. Company insiders own 1.59% of the company's stock.

Comfort Systems USA Price Performance

Shares of FIX traded up $7.80 during trading hours on Wednesday, reaching $535.22. 407,347 shares of the company's stock traded hands, compared to its average volume of 413,511. The stock has a market cap of $18.88 billion, a PE ratio of 32.11 and a beta of 1.51. The company has a current ratio of 1.08, a quick ratio of 1.05 and a debt-to-equity ratio of 0.04. The firm's 50 day simple moving average is $485.02 and its 200-day simple moving average is $425.12. Comfort Systems USA, Inc. has a 12 month low of $272.93 and a 12 month high of $553.09.

Comfort Systems USA (NYSE:FIX - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The construction company reported $4.75 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.66 by $1.09. The firm had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.77 billion. Comfort Systems USA had a return on equity of 36.35% and a net margin of 8.13%. The company's revenue for the quarter was up 19.1% on a year-over-year basis. During the same quarter last year, the company posted $2.69 EPS. Equities analysts expect that Comfort Systems USA, Inc. will post 16.85 EPS for the current year.

Comfort Systems USA Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 27th. Stockholders of record on Friday, May 16th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.34%. The ex-dividend date was Friday, May 16th. This is an increase from Comfort Systems USA's previous quarterly dividend of $0.40. Comfort Systems USA's dividend payout ratio (DPR) is 10.80%.

Comfort Systems USA Profile

(Free Report)

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.

Further Reading

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

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