Mariner Investment Group LLC Takes $322,000 Position in Comfort Systems USA, Inc. (NYSE:FIX)

Mariner Investment Group LLC acquired a new position in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,000 shares of the construction company's stock, valued at approximately $322,000. Comfort Systems USA accounts for about 0.1% of Mariner Investment Group LLC's holdings, making the stock its 22nd largest position.

Other large investors have also recently bought and sold shares of the company. Tradewinds Capital Management LLC lifted its stake in Comfort Systems USA by 49.1% in the first quarter. Tradewinds Capital Management LLC now owns 82 shares of the construction company's stock worth $26,000 after purchasing an additional 27 shares during the last quarter. Versant Capital Management Inc boosted its stake in Comfort Systems USA by 257.1% during the first quarter. Versant Capital Management Inc now owns 100 shares of the construction company's stock worth $32,000 after acquiring an additional 72 shares in the last quarter. Whittier Trust Co. of Nevada Inc. boosted its stake in Comfort Systems USA by 54.4% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 105 shares of the construction company's stock worth $34,000 after acquiring an additional 37 shares in the last quarter. Colonial Trust Co SC lifted its stake in shares of Comfort Systems USA by 352.6% in the fourth quarter. Colonial Trust Co SC now owns 86 shares of the construction company's stock worth $36,000 after buying an additional 67 shares in the last quarter. Finally, Rothschild Investment LLC lifted its stake in shares of Comfort Systems USA by 106.9% in the first quarter. Rothschild Investment LLC now owns 120 shares of the construction company's stock worth $39,000 after buying an additional 62 shares in the last quarter. 96.51% of the stock is owned by institutional investors.

Comfort Systems USA Stock Up 2.0%

NYSE FIX traded up $10.79 during trading on Wednesday, reaching $542.93. 125,442 shares of the company's stock traded hands, compared to its average volume of 409,772. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.08 and a quick ratio of 1.05. The firm has a market cap of $19.15 billion, a price-to-earnings ratio of 32.61 and a beta of 1.51. The company's 50 day simple moving average is $503.56 and its two-hundred day simple moving average is $431.33. Comfort Systems USA, Inc. has a 12-month low of $272.93 and a 12-month high of $559.36.

Comfort Systems USA (NYSE:FIX - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The construction company reported $4.75 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 net margin of 8.13% and a return on equity of 36.35%. The company's quarterly revenue was up 19.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.69 EPS. As a group, sell-side analysts forecast that Comfort Systems USA, Inc. will post 16.85 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The firm also recently disclosed 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 represents a $1.80 annualized dividend and a yield of 0.33%. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.40. The ex-dividend date was Friday, May 16th. Comfort Systems USA's payout ratio is presently 10.80%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on FIX shares. DA Davidson increased their price objective on shares of Comfort Systems USA from $465.00 to $630.00 and gave the company a "buy" rating in a research report on Monday, June 30th. Stifel Nicolaus raised their target price on shares of Comfort Systems USA from $512.00 to $581.00 and gave the company a "buy" rating in a research note on Friday, July 11th. Finally, Wall Street Zen lowered shares of Comfort Systems USA from a "buy" rating to a "hold" rating in a research report on Saturday, July 5th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $572.60.

Insider Transactions at Comfort Systems USA

In other Comfort Systems USA news, CFO William George III sold 12,500 shares of the company's stock in a transaction 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 completion of the transaction, the chief financial officer directly owned 47,473 shares in the company, valued at approximately $22,317,532.03. This represents a 20.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Pablo G. Mercado sold 1,800 shares of the company's stock in a transaction on Monday, May 5th. The stock was sold at an average price of $436.10, for a total transaction of $784,980.00. Following the transaction, the director owned 7,236 shares of the company's stock, valued at $3,155,619.60. This represents a 19.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 40,800 shares of company stock worth $18,696,795. 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.