Public Employees Retirement System of Ohio Boosts Stock Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

Public Employees Retirement System of Ohio increased its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 9.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,240 shares of the construction company's stock after acquiring an additional 1,257 shares during the period. Public Employees Retirement System of Ohio's holdings in Comfort Systems USA were worth $6,039,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in FIX. EverSource Wealth Advisors LLC raised its position in shares of Comfort Systems USA by 1,925.0% in the fourth 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 during the last quarter. Colonial Trust Co SC increased its stake 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 worth $36,000 after buying an additional 67 shares during the period. Private Trust Co. NA increased its position in shares of Comfort Systems USA by 41.3% in the 4th quarter. Private Trust Co. NA now owns 106 shares of the construction company's stock worth $45,000 after purchasing an additional 31 shares during the last quarter. Johnson Financial Group Inc. increased its position in shares of Comfort Systems USA by 131.1% in the 4th 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 last quarter. Finally, Skandinaviska Enskilda Banken AB publ grew its position in shares of Comfort Systems USA by 1,300.0% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 112 shares of the construction company's stock valued at $48,000 after buying an additional 104 shares during the last quarter. Hedge funds and other institutional investors own 96.51% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on FIX shares. Wall Street Zen cut shares of Comfort Systems USA from a "buy" rating to a "hold" rating in a report on Thursday, April 17th. Stifel Nicolaus upped their price target on shares of Comfort Systems USA from $471.00 to $512.00 and gave the company a "buy" rating in a research report on Friday, May 23rd. 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 note on Monday, February 24th. Finally, DA Davidson increased their price target on shares of Comfort Systems USA from $440.00 to $465.00 and gave the stock a "buy" rating in a research note on Monday, April 28th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $525.80.

Comfort Systems USA Trading Down 0.1%

Shares of NYSE FIX traded down $0.24 during mid-day trading on Friday, hitting $478.59. The company's stock had a trading volume of 322,364 shares, compared to its average volume of 438,650. The stock has a market cap of $16.88 billion, a price-to-earnings ratio of 32.76 and a beta of 1.48. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02. Comfort Systems USA, Inc. has a one year low of $272.93 and a one year high of $553.09. The company's fifty day simple moving average is $393.16 and its 200-day simple moving average is $418.20.

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

Comfort Systems USA Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 27th. Shareholders of record on Friday, May 16th were paid a $0.45 dividend. 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 0.38%. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.40. Comfort Systems USA's dividend payout ratio (DPR) is currently 10.80%.

Insider Buying and Selling at Comfort Systems USA

In other Comfort Systems USA news, insider Brian E. Lane sold 15,000 shares of the stock in a transaction dated Wednesday, May 7th. The shares were sold at an average price of $431.66, for a total transaction of $6,474,900.00. Following the sale, the insider now directly owns 198,046 shares in the company, valued at $85,488,536.36. This represents a 7.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO William George III sold 12,500 shares of the firm'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 completion of the sale, the chief financial officer now owns 47,473 shares in the company, valued at approximately $22,317,532.03. The trade was a 20.84% 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 currently owned by insiders.

Comfort Systems USA 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.