Two Sigma Advisers LP Buys 5,000 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Two Sigma Advisers LP lifted its holdings in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 15.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 38,400 shares of the construction company's stock after purchasing an additional 5,000 shares during the quarter. Two Sigma Advisers LP owned about 0.11% of Comfort Systems USA worth $16,284,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC boosted 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 acquiring an additional 77 shares during the last quarter. Harbor Investment Advisory LLC raised its stake in Comfort Systems USA by 183.3% in the 4th quarter. Harbor Investment Advisory LLC now owns 85 shares of the construction company's stock valued at $36,000 after acquiring an additional 55 shares during the period. Colonial Trust Co SC increased 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 during the period. Johnson Financial Group Inc. grew its holdings in shares of 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 purchasing an additional 59 shares in the last quarter. Finally, Private Trust Co. NA grew its holdings in shares of 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 purchasing an additional 31 shares in the last quarter. Institutional investors and hedge funds own 96.51% of the company's stock.

Insiders Place Their Bets

In other news, CFO William George III sold 12,500 shares of the company's stock in a transaction 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 transaction, the chief financial officer now owns 47,473 shares of the company's stock, valued at $22,317,532.03. This represents a 20.84% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Brian E. Lane sold 15,000 shares of the company's stock in a transaction on Wednesday, May 7th. The shares were sold at an average price of $431.66, for a total value of $6,474,900.00. Following the transaction, 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 position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 32,800 shares of company stock valued at $14,642,235. Insiders own 1.59% of the company's stock.

Comfort Systems USA Stock Up 3.4%

Shares of NYSE:FIX traded up $16.04 during mid-day trading on Tuesday, hitting $487.54. 128,337 shares of the company traded hands, compared to its average volume of 437,871. The stock has a market cap of $17.20 billion, a P/E ratio of 33.36 and a beta of 1.48. 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. The stock has a 50-day moving average price of $386.14 and a two-hundred day moving average price of $417.24.

Comfort Systems USA (NYSE:FIX - Get Free Report) last posted 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 return on equity of 35.28% and a net margin of 7.43%. The business had revenue of $1.83 billion for the quarter, compared to analysts' expectations of $1.77 billion. During the same quarter in the previous year, the firm earned $2.69 earnings per share. The business's revenue was up 19.1% on a year-over-year basis. On average, equities 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 firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 27th. Shareholders 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 annualized dividend and a yield of 0.37%. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.40. Comfort Systems USA's payout ratio is currently 10.80%.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. DA Davidson increased their target price on Comfort Systems USA from $440.00 to $465.00 and gave the stock a "buy" rating in a report on Monday, April 28th. Wall Street Zen lowered Comfort Systems USA from a "buy" rating to a "hold" rating in a research note on Thursday, April 17th. Sidoti raised 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, Stifel Nicolaus raised their price objective on Comfort Systems USA from $471.00 to $512.00 and gave the company a "buy" rating in a research note on Friday. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average 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.