Comfort Systems USA, Inc. (NYSE:FIX) Shares Bought by Hunter Associates Investment Management LLC

Hunter Associates Investment Management LLC increased its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 7.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,056 shares of the construction company's stock after buying an additional 515 shares during the quarter. Hunter Associates Investment Management LLC's holdings in Comfort Systems USA were worth $2,274,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in FIX. Norges Bank purchased a new stake in Comfort Systems USA in the 4th quarter valued at approximately $196,154,000. GAMMA Investing LLC boosted its holdings in Comfort Systems USA by 39,575.2% in the 1st quarter. GAMMA Investing LLC now owns 254,318 shares of the construction company's stock valued at $81,974,000 after purchasing an additional 253,677 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Comfort Systems USA by 191.2% in the 4th quarter. JPMorgan Chase & Co. now owns 380,896 shares of the construction company's stock valued at $161,523,000 after purchasing an additional 250,085 shares in the last quarter. Voya Investment Management LLC boosted its holdings in Comfort Systems USA by 824.2% in the 4th quarter. Voya Investment Management LLC now owns 233,553 shares of the construction company's stock valued at $98,985,000 after purchasing an additional 208,283 shares in the last quarter. Finally, Bain Capital Public Equity Management II LLC boosted its holdings in 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 valued at $87,239,000 after purchasing an additional 155,204 shares in the last quarter. Hedge funds and other institutional investors own 96.51% of the company's stock.

Comfort Systems USA Price Performance

FIX stock traded up $6.42 on Friday, reaching $540.19. The company had a trading volume of 147,571 shares, compared to its average volume of 480,156. Comfort Systems USA, Inc. has a 1 year low of $272.92 and a 1 year high of $553.09. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.05 and a current ratio of 1.08. The company's fifty day moving average is $490.08 and its 200 day moving average is $426.56. The company has a market cap of $19.06 billion, a P/E ratio of 32.40 and a beta of 1.51.

Comfort Systems USA (NYSE:FIX - Get Free Report) last posted its 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. Comfort Systems USA had a return on equity of 36.35% and a net margin of 8.13%. The firm had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.77 billion. During the same quarter in the prior year, the company earned $2.69 EPS. Comfort Systems USA's revenue was up 19.1% on a year-over-year basis. On average, research analysts forecast that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current year.

Comfort Systems USA Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 27th. Investors of record on Friday, May 16th were paid a $0.45 dividend. The ex-dividend date was Friday, May 16th. This represents a $1.80 dividend on an annualized basis and a yield of 0.33%. This is a positive change from Comfort Systems USA's previous quarterly dividend of $0.40. Comfort Systems USA's dividend payout ratio is presently 10.80%.

Wall Street Analyst Weigh In

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

Insider Transactions at Comfort Systems USA

In related news, Director Darcy Anderson sold 8,000 shares of the company's stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $506.82, for a total value of $4,054,560.00. Following the sale, the director owned 26,535 shares of the company's stock, valued at approximately $13,448,468.70. This represents a 23.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 value of $5,876,375.00. Following the completion of the sale, the chief financial officer directly owned 47,473 shares in the company, valued at approximately $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 40,800 shares of company stock worth $18,696,795 in the last quarter. Insiders own 1.59% of the company's stock.

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.