Universal Beteiligungs und Servicegesellschaft mbH Acquires New Stake in Comfort Systems USA, Inc. (NYSE:FIX)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 48,445 shares of the construction company's stock, valued at approximately $20,544,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.14% of Comfort Systems USA at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. EverSource Wealth Advisors LLC boosted 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 purchasing an additional 77 shares during the period. Colonial Trust Co SC raised its stake in shares of 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 grew its holdings 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 acquiring an additional 31 shares during the period. Johnson Financial Group Inc. grew its holdings 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 acquiring an additional 59 shares during the period. Finally, Skandinaviska Enskilda Banken AB publ grew its holdings in shares of Comfort Systems USA by 1,300.0% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 112 shares of the construction company's stock worth $48,000 after acquiring an additional 104 shares during the period. 96.51% of the stock is owned by institutional investors and hedge funds.

Comfort Systems USA Stock Performance

Shares of FIX traded down $0.24 during trading hours on Friday, reaching $478.59. 322,364 shares of the company traded hands, compared to its average volume of 439,466. The stock's fifty day moving average is $395.28 and its 200 day moving average is $418.31. The stock has a market cap of $16.88 billion, a P/E ratio of 32.76 and a beta of 1.48. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.02 and a current ratio of 1.04. Comfort Systems USA, Inc. has a 1-year low of $272.93 and a 1-year 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 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 firm had revenue of $1.83 billion for the quarter, compared to analysts' expectations of $1.77 billion. During the same period in the prior year, the firm earned $2.69 earnings per share. The company's quarterly revenue was up 19.1% compared to the same quarter last year. Equities research 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 announced a quarterly dividend, which was paid on Tuesday, May 27th. Shareholders of record on Friday, May 16th were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 0.38%. The ex-dividend date was Friday, May 16th. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.40. Comfort Systems USA's dividend payout ratio is 10.80%.

Wall Street Analysts Forecast Growth

FIX has been the topic of several analyst reports. Wall Street Zen cut Comfort Systems USA from a "buy" rating to a "hold" rating in a report on Thursday, April 17th. DA Davidson lifted their target price on Comfort Systems USA from $440.00 to $465.00 and gave the stock a "buy" rating in a research report on Monday, April 28th. Sidoti raised Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 target price on the stock in a research report on Monday, February 24th. Finally, Stifel Nicolaus lifted their price target on Comfort Systems USA from $471.00 to $512.00 and gave the stock a "buy" rating in a research note on Friday, May 23rd. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $525.80.

Insider Activity

In other news, CFO William George III sold 12,500 shares of the company's stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $470.11, for a total value of $5,876,375.00. Following the transaction, the chief financial officer now owns 47,473 shares of the company's stock, valued at approximately $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 can be accessed through this link. Also, insider Brian E. Lane sold 15,000 shares of the company's stock in a transaction that occurred 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 completion of the transaction, the insider now directly owns 198,046 shares in the company, valued at $85,488,536.36. The trade was a 7.04% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 32,800 shares of company stock worth $14,642,235 over the last three months. Corporate insiders own 1.59% of the company's stock.

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.