Quantinno Capital Management LP Has $969,000 Position in Comfort Systems USA, Inc. (NYSE:FIX)

Quantinno Capital Management LP decreased its position in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 38.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 2,286 shares of the construction company's stock after selling 1,441 shares during the quarter. Quantinno Capital Management LP's holdings in Comfort Systems USA were worth $969,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its position 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 worth $34,000 after buying an additional 77 shares in the last quarter. Colonial Trust Co SC lifted its position 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 in the last quarter. Private Trust Co. NA lifted its position in Comfort Systems USA by 41.3% during the 4th quarter. Private Trust Co. NA now owns 106 shares of the construction company's stock worth $45,000 after buying an additional 31 shares in the last quarter. Johnson Financial Group Inc. lifted its position in Comfort Systems USA by 131.1% during the 4th quarter. Johnson Financial Group Inc. now owns 104 shares of the construction company's stock worth $45,000 after buying an additional 59 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ lifted its position in 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 worth $48,000 after buying an additional 104 shares in the last quarter. Institutional investors own 96.51% of the company's stock.

Insider Activity at Comfort Systems USA

In related news, CFO William George III sold 12,500 shares of the stock in a transaction that occurred on Tuesday, May 13th. The stock was 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 directly owns 47,473 shares of the company's stock, valued at approximately $22,317,532.03. This represents a 20.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Brian E. Lane sold 15,000 shares of the stock in a transaction that occurred on Wednesday, May 7th. The stock was sold at an average price of $431.66, for a total value of $6,474,900.00. Following the sale, the insider now directly owns 198,046 shares of the company's stock, valued at approximately $85,488,536.36. The trade was a 7.04% 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 in the last quarter. Corporate insiders own 1.59% of the company's stock.

Comfort Systems USA Trading Up 3.0%

Shares of FIX stock traded up $14.27 on Tuesday, reaching $485.77. The company had a trading volume of 462,552 shares, compared to its average volume of 439,064. The stock has a market cap of $17.14 billion, a PE ratio of 33.25 and a beta of 1.48. The company has a 50-day moving average of $386.14 and a 200-day moving average of $417.24. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.04. 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 data 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 analysts' expectations of $1.77 billion. Comfort Systems USA had a net margin of 7.43% and a return on equity of 35.28%. The business's revenue for the quarter was up 19.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.69 earnings per share. On average, equities analysts forecast that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current year.

Comfort Systems USA Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 27th. Investors of record on Friday, May 16th will be given a $0.45 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.37%. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.40. Comfort Systems USA's dividend payout ratio is currently 10.80%.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. DA Davidson upped 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 report on Monday, April 28th. Stifel Nicolaus upped their price target on shares of Comfort Systems USA from $471.00 to $512.00 and gave the stock a "buy" rating in a research report on Friday. Sidoti upgraded shares of Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 price target on the stock in a research report on Monday, February 24th. Finally, Wall Street Zen cut Comfort Systems USA from a "buy" rating to a "hold" rating in a report on Thursday, April 17th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $525.80.

About Comfort Systems USA

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.