Two Sigma Investments LP Buys 3,193 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Two Sigma Investments LP lifted its position in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 8.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,868 shares of the construction company's stock after buying an additional 3,193 shares during the quarter. Two Sigma Investments LP owned about 0.11% of Comfort Systems USA worth $17,330,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in FIX. EverSource Wealth Advisors LLC grew its position 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 valued at $34,000 after acquiring an additional 77 shares during the period. 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 raised its stake in Comfort Systems USA by 352.6% in the 4th quarter. Colonial Trust Co SC now owns 86 shares of the construction company's stock valued at $36,000 after acquiring an additional 67 shares during the period. Private Trust Co. NA lifted its holdings 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 valued at $45,000 after purchasing an additional 31 shares during the last quarter. Finally, Johnson Financial Group Inc. boosted its position in Comfort Systems USA by 131.1% during the fourth 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 period. 96.51% of the stock is currently owned by institutional investors and hedge funds.

Comfort Systems USA Stock Performance

Shares of NYSE:FIX opened at $462.87 on Friday. Comfort Systems USA, Inc. has a 12-month low of $272.93 and a 12-month high of $553.09. The company's 50 day moving average price is $381.25 and its two-hundred day moving average price is $417.08. The firm has a market cap of $16.33 billion, a PE ratio of 31.68 and a beta of 1.48. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.04.

Comfort Systems USA (NYSE:FIX - Get Free Report) last issued its quarterly earnings results 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. 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 the consensus estimate of $1.77 billion. During the same quarter in the prior year, the business posted $2.69 earnings per share. The firm's quarterly revenue was up 19.1% compared to the same quarter last year. Equities research analysts predict that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current year.

Comfort Systems USA Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Friday, May 16th will be issued a dividend of $0.45 per share. This is a positive change from Comfort Systems USA's previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a dividend yield of 0.39%. The ex-dividend date is Friday, May 16th. Comfort Systems USA's dividend payout ratio is 10.80%.

Insider Buying and Selling

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 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 in the company, valued at $22,317,532.03. This represents a 20.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Vance W. Tang sold 500 shares of the firm's stock in a transaction on Thursday, May 1st. The shares were sold at an average price of $422.00, for a total value of $211,000.00. Following the completion of the sale, the director now directly owns 4,998 shares in the company, valued at approximately $2,109,156. This represents a 9.09% 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 worth $14,642,235. Company insiders own 1.59% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Wall Street Zen lowered shares of Comfort Systems USA from a "buy" rating to a "hold" rating in a research report on Thursday, April 17th. Sidoti upgraded shares of Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 price objective for the company in a research report on Monday, February 24th. Stifel Nicolaus decreased their target price on Comfort Systems USA from $577.00 to $471.00 and set a "buy" rating on the stock in a research report on Monday, February 24th. Finally, 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 research note on Monday, April 28th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, Comfort Systems USA presently has a consensus rating of "Moderate Buy" and a consensus target price of $517.60.

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.

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