Blackhawk Capital Partners LLC. Invests $775,000 in Comfort Systems USA, Inc. (NYSE:FIX)

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

A number of other institutional investors also recently bought and sold shares of the stock. Tradewinds Capital Management LLC increased its stake in shares of Comfort Systems USA by 49.1% during the first quarter. Tradewinds Capital Management LLC now owns 82 shares of the construction company's stock valued at $26,000 after purchasing an additional 27 shares in the last quarter. Hillsdale Investment Management Inc. boosted its holdings in Comfort Systems USA by 1.8% in the fourth quarter. Hillsdale Investment Management Inc. now owns 2,240 shares of the construction company's stock worth $950,000 after purchasing an additional 40 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in Comfort Systems USA by 31.1% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 177 shares of the construction company's stock worth $57,000 after purchasing an additional 42 shares during the last quarter. Rakuten Securities Inc. boosted its stake in shares of Comfort Systems USA by 36.8% during the 1st quarter. Rakuten Securities Inc. now owns 160 shares of the construction company's stock worth $52,000 after acquiring an additional 43 shares during the last quarter. Finally, Covestor Ltd boosted its stake in shares of Comfort Systems USA by 10.8% during the 4th quarter. Covestor Ltd now owns 515 shares of the construction company's stock worth $218,000 after acquiring an additional 50 shares during the last quarter. 96.51% of the stock is owned by institutional investors.

Comfort Systems USA Trading Up 1.2%

FIX stock traded up $6.34 during mid-day trading on Friday, reaching $540.11. The company had a trading volume of 263,894 shares, compared to its average volume of 413,854. The firm has a 50 day moving average of $492.24 and a 200 day moving average of $427.27. Comfort Systems USA, Inc. has a 12 month low of $272.93 and a 12 month high of $553.09. The company has a market capitalization of $19.06 billion, a PE ratio of 32.40 and a beta of 1.51. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.08 and a quick ratio of 1.05.

Comfort Systems USA (NYSE:FIX - Get Free Report) last posted 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. Comfort Systems USA had a net margin of 8.13% and a return on equity of 36.35%. The firm had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.77 billion. During the same quarter in the previous year, the business posted $2.69 EPS. Comfort Systems USA's revenue was up 19.1% on a year-over-year basis. On average, equities analysts predict 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 declared a quarterly dividend, which was paid on Tuesday, May 27th. Shareholders of record on Friday, May 16th were paid a dividend of $0.45 per share. This is a positive change from Comfort Systems USA's previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Friday, May 16th. This represents a $1.80 dividend on an annualized basis and a yield of 0.33%. Comfort Systems USA's dividend payout ratio is presently 10.80%.

Insider Buying and Selling at Comfort Systems USA

In other Comfort Systems USA news, Director Vance W. Tang sold 500 shares of the company's stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $422.00, for a total transaction of $211,000.00. Following the transaction, the director owned 4,998 shares in the company, valued at approximately $2,109,156. This represents a 9.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO William George III sold 12,500 shares of the company's stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $470.11, for a total transaction of $5,876,375.00. Following the transaction, the chief financial officer owned 47,473 shares in the company, valued at $22,317,532.03. The trade was a 20.84% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 40,800 shares of company stock worth $18,696,795 in the last three months. 1.59% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. DA Davidson lifted their target price on shares of Comfort Systems USA from $465.00 to $630.00 and gave the company a "buy" rating in a research note on Monday, June 30th. Wall Street Zen downgraded shares of Comfort Systems USA from a "buy" rating to a "hold" rating in a report on Saturday, July 5th. Finally, Stifel Nicolaus boosted their target price on shares of Comfort Systems USA from $512.00 to $581.00 and gave the stock a "buy" rating in a report on Friday. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, Comfort Systems USA presently has a consensus rating of "Moderate Buy" and an average target price of $572.60.

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.