Maven Securities LTD Acquires New Position in Comfort Systems USA, Inc. (NYSE:FIX)

Maven Securities LTD bought a new stake in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 800 shares of the construction company's stock, valued at approximately $339,000.

Several other large investors also recently made changes to their positions in the stock. Barclays PLC boosted its stake in Comfort Systems USA by 23.4% during the 3rd quarter. Barclays PLC now owns 22,848 shares of the construction company's stock valued at $8,919,000 after purchasing an additional 4,331 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in shares of Comfort Systems USA by 1.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,670 shares of the construction company's stock worth $1,042,000 after acquiring an additional 46 shares during the period. Oak Thistle LLC bought a new stake in shares of Comfort Systems USA in the 4th quarter worth approximately $621,000. Park Avenue Securities LLC lifted its position in shares of Comfort Systems USA by 11.2% in the 4th quarter. Park Avenue Securities LLC now owns 3,146 shares of the construction company's stock worth $1,334,000 after acquiring an additional 316 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Comfort Systems USA by 28.6% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 126 shares of the construction company's stock worth $53,000 after acquiring an additional 28 shares during the period. Institutional investors own 96.51% of the company's stock.

Insider Activity

In other news, Director Vance W. Tang sold 500 shares of the business's stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $422.00, for a total transaction of $211,000.00. Following the completion of the transaction, the director now directly owns 4,998 shares of the company's stock, valued at $2,109,156. The trade was a 9.09% 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, 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 transaction of $6,474,900.00. Following the sale, the insider now directly owns 198,046 shares of the company's stock, valued at approximately $85,488,536.36. This represents a 7.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 32,800 shares of company stock valued at $14,642,235. Corporate insiders own 1.59% of the company's stock.

Comfort Systems USA Stock Down 0.6%

Shares of FIX stock traded down $3.07 during trading hours on Monday, reaching $468.91. The company had a trading volume of 75,457 shares, compared to its average volume of 532,436. Comfort Systems USA, Inc. has a 12 month low of $272.92 and a 12 month high of $553.09. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02. The business has a fifty day simple moving average of $370.85 and a 200-day simple moving average of $415.29. The company has a market cap of $16.54 billion, a price-to-earnings ratio of 32.10 and a beta of 1.48.

Comfort Systems USA (NYSE:FIX - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The construction company reported $4.75 earnings per share for the quarter, beating 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 company had revenue of $1.83 billion during the quarter, compared to analysts' expectations of $1.77 billion. During the same period in the previous year, the business earned $2.69 earnings per share. The firm's quarterly revenue was up 19.1% compared to the same quarter last year. On average, research analysts expect 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 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. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Friday, May 16th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.38%. Comfort Systems USA's payout ratio is presently 10.80%.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. 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 report on Monday, February 24th. DA Davidson lifted their price objective on Comfort Systems USA from $440.00 to $465.00 and gave the company a "buy" rating in a research report on Monday, April 28th. Stifel Nicolaus lowered their target price on Comfort Systems USA from $577.00 to $471.00 and set a "buy" rating for the company in a research note on Monday, February 24th. Finally, StockNews.com cut Comfort Systems USA from a "buy" rating to a "hold" rating in a research note on Thursday, April 17th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, Comfort Systems USA has an average rating of "Moderate Buy" and a consensus target price of $517.60.

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.