Teacher Retirement System of Texas Has $3.18 Million Stock Position in Comfort Systems USA, Inc. (NYSE:FIX)

Teacher Retirement System of Texas lessened its position in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 27.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,861 shares of the construction company's stock after selling 3,646 shares during the period. Teacher Retirement System of Texas' holdings in Comfort Systems USA were worth $3,178,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of FIX. Tradewinds Capital Management LLC increased its holdings in shares of Comfort Systems USA by 49.1% in the 1st quarter. Tradewinds Capital Management LLC now owns 82 shares of the construction company's stock worth $26,000 after acquiring an additional 27 shares during the period. Versant Capital Management Inc increased its holdings in shares of Comfort Systems USA by 257.1% in the 1st quarter. Versant Capital Management Inc now owns 100 shares of the construction company's stock worth $32,000 after acquiring an additional 72 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of Comfort Systems USA by 1,925.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 81 shares of the construction company's stock worth $34,000 after acquiring an additional 77 shares during the period. Colonial Trust Co SC increased its holdings in shares of Comfort Systems USA by 352.6% in the 4th quarter. Colonial Trust Co SC now owns 86 shares of the construction company's stock worth $36,000 after acquiring an additional 67 shares during the period. Finally, Rothschild Investment LLC increased its holdings in shares of Comfort Systems USA by 106.9% in the 1st quarter. Rothschild Investment LLC now owns 120 shares of the construction company's stock worth $39,000 after acquiring an additional 62 shares during the period. Institutional investors and hedge funds own 96.51% of the company's stock.

Insider Activity at Comfort Systems USA

In other news, Director Pablo G. Mercado sold 1,800 shares of the firm's stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $436.10, for a total transaction of $784,980.00. Following the completion of the transaction, the director owned 7,236 shares in the company, valued at approximately $3,155,619.60. This trade represents a 19.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Brian E. Lane sold 15,000 shares of the firm's 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 transaction, the insider owned 198,046 shares of the company's stock, valued at approximately $85,488,536.36. This trade represents a 7.04% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 40,800 shares of company stock worth $18,696,795. Company insiders own 1.59% of the company's stock.

Comfort Systems USA Price Performance

FIX traded up $6.34 on Friday, reaching $540.11. The company had a trading volume of 263,894 shares, compared to its average volume of 414,667. The company has a fifty day moving average of $492.24 and a 200-day moving average of $427.27. The company has a market capitalization of $19.06 billion, a P/E ratio of 32.40 and a beta of 1.51. The company has a current ratio of 1.08, a quick ratio of 1.05 and a debt-to-equity ratio of 0.04. Comfort Systems USA, Inc. has a one year low of $272.93 and a one year high of $553.09.

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

Comfort Systems USA Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 27th. Stockholders of record on Friday, May 16th were given 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 was Friday, May 16th. This represents a $1.80 annualized dividend and a dividend yield of 0.33%. Comfort Systems USA's dividend payout ratio (DPR) is 10.80%.

Analyst Ratings Changes

FIX has been the topic of a number of analyst reports. DA Davidson increased their price objective on shares of Comfort Systems USA from $465.00 to $630.00 and gave the stock a "buy" rating in a report on Monday, June 30th. Stifel Nicolaus increased their price objective on shares of Comfort Systems USA from $512.00 to $581.00 and gave the stock a "buy" rating in a report on Friday. 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 equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, Comfort Systems USA currently has a consensus rating of "Moderate Buy" and a consensus target price of $572.60.

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.