XTX Topco Ltd Increases Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

XTX Topco Ltd grew its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 47.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,549 shares of the construction company's stock after purchasing an additional 500 shares during the quarter. XTX Topco Ltd's holdings in Comfort Systems USA were worth $499,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. GSA Capital Partners LLP increased its position in shares of Comfort Systems USA by 265.0% during the 1st quarter. GSA Capital Partners LLP now owns 5,358 shares of the construction company's stock valued at $1,727,000 after purchasing an additional 3,890 shares during the last quarter. Fiera Capital Corp purchased a new stake in Comfort Systems USA in the 1st quarter worth about $1,845,000. Picton Mahoney Asset Management increased its holdings in Comfort Systems USA by 225.7% in the 1st quarter. Picton Mahoney Asset Management now owns 3,892 shares of the construction company's stock worth $1,255,000 after acquiring an additional 2,697 shares during the last quarter. Mackenzie Financial Corp increased its holdings in Comfort Systems USA by 37.0% in the 1st quarter. Mackenzie Financial Corp now owns 6,001 shares of the construction company's stock worth $1,934,000 after acquiring an additional 1,620 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in Comfort Systems USA by 4.1% in the 1st quarter. LPL Financial LLC now owns 23,520 shares of the construction company's stock worth $7,581,000 after acquiring an additional 922 shares during the last quarter. 96.51% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Wall Street Zen raised Comfort Systems USA from a "hold" rating to a "buy" rating in a report on Saturday, July 26th. Stifel Nicolaus lifted their price objective on Comfort Systems USA from $512.00 to $581.00 and gave the stock a "buy" rating in a report on Friday, July 11th. UBS Group lifted their target price on Comfort Systems USA from $545.00 to $710.00 and gave the company a "buy" rating in a report on Friday, July 25th. Northcoast Research lowered Comfort Systems USA from a "buy" rating to a "neutral" rating in a report on Monday, July 28th. Finally, DA Davidson lifted their target price on Comfort Systems USA from $630.00 to $810.00 and gave the company a "buy" rating in a report on Monday, July 28th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, Comfort Systems USA currently has a consensus rating of "Moderate Buy" and an average target price of $635.60.

Insider Activity

In other news, Director Darcy Anderson sold 8,000 shares of Comfort Systems USA stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $506.82, for a total transaction of $4,054,560.00. Following the completion of the sale, the director owned 26,535 shares in the company, valued at approximately $13,448,468.70. This trade represents a 23.16% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO William George III sold 12,500 shares of Comfort Systems USA stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $470.11, for a total value of $5,876,375.00. Following the sale, the chief financial officer owned 47,473 shares of the company's stock, valued at approximately $22,317,532.03. This trade represents a 20.84% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 24,900 shares of company stock worth $13,084,107. 1.59% of the stock is currently owned by insiders.

Comfort Systems USA Stock Up 0.7%

FIX stock opened at $695.01 on Friday. The company has a quick ratio of 1.10, a current ratio of 1.13 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $24.52 billion, a PE ratio of 35.71 and a beta of 1.49. Comfort Systems USA, Inc. has a twelve month low of $276.44 and a twelve month high of $718.40. The stock has a 50-day simple moving average of $554.70 and a two-hundred day simple moving average of $449.70.

Comfort Systems USA (NYSE:FIX - Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The construction company reported $6.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.84 by $1.69. The firm had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $1.97 billion. Comfort Systems USA had a return on equity of 39.33% and a net margin of 9.01%. The company's revenue for the quarter was up 20.1% on a year-over-year basis. During the same quarter last year, the company posted $3.74 EPS. On average, equities analysts predict that Comfort Systems USA, Inc. will post 16.85 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 25th. Stockholders of record on Thursday, August 14th will be given a dividend of $0.50 per share. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.45. The ex-dividend date is Thursday, August 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.3%. Comfort Systems USA's dividend payout ratio is 9.25%.

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.

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