Comfort Systems USA (NYSE:FIX) Trading Up 1%

Comfort Systems USA, Inc. (NYSE:FIX - Get Free Report) traded up 1% during mid-day trading on Thursday . The stock traded as high as $303.63 and last traded at $302.76. 33,363 shares changed hands during trading, a decline of 90% from the average session volume of 347,183 shares. The stock had previously closed at $299.64.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. StockNews.com raised Comfort Systems USA from a "hold" rating to a "buy" rating in a research note on Thursday, April 4th. KeyCorp started coverage on Comfort Systems USA in a report on Wednesday, January 10th. They set a "sector weight" rating on the stock. DA Davidson raised their price target on Comfort Systems USA from $200.00 to $350.00 and gave the stock a "buy" rating in a research report on Wednesday, February 28th. Finally, UBS Group boosted their price objective on shares of Comfort Systems USA from $208.00 to $254.00 and gave the company a "neutral" rating in a research report on Thursday, February 15th.

Comfort Systems USA Trading Down 2.4 %

The company has a 50-day moving average price of $296.34 and a 200 day moving average price of $228.77. The stock has a market capitalization of $10.43 billion, a P/E ratio of 32.48 and a beta of 1.19. The company has a current ratio of 1.11, a quick ratio of 1.07 and a debt-to-equity ratio of 0.03.

Comfort Systems USA (NYSE:FIX - Get Free Report) last issued its quarterly earnings data on Friday, February 23rd. The construction company reported $2.55 EPS for the quarter, beating the consensus estimate of $2.15 by $0.40. Comfort Systems USA had a return on equity of 26.99% and a net margin of 6.21%. The firm had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.33 billion. During the same quarter in the prior year, the business posted $1.54 EPS. The business's revenue for the quarter was up 21.5% compared to the same quarter last year. On average, research analysts forecast that Comfort Systems USA, Inc. will post 11.42 earnings per share for the current fiscal year.

Comfort Systems USA Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 19th. Investors of record on Friday, March 8th were given a $0.25 dividend. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $1.00 dividend on an annualized basis and a yield of 0.34%. Comfort Systems USA's dividend payout ratio is currently 11.11%.

Insider Buying and Selling

In other Comfort Systems USA news, COO T Mckenna Trent sold 14,185 shares of Comfort Systems USA stock in a transaction on Monday, February 26th. The shares were sold at an average price of $278.55, for a total value of $3,951,231.75. Following the completion of the transaction, the chief operating officer now owns 22,644 shares of the company's stock, valued at $6,307,486.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, insider Brian E. Lane sold 16,000 shares of the firm's stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $312.13, for a total value of $4,994,080.00. Following the transaction, the insider now directly owns 227,926 shares of the company's stock, valued at approximately $71,142,542.38. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO T Mckenna Trent sold 14,185 shares of the stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $278.55, for a total value of $3,951,231.75. Following the transaction, the chief operating officer now directly owns 22,644 shares of the company's stock, valued at approximately $6,307,486.20. The disclosure for this sale can be found here. Insiders sold a total of 46,614 shares of company stock valued at $13,739,345 over the last 90 days. Insiders own 2.48% of the company's stock.

Institutional Trading of Comfort Systems USA

Large investors have recently bought and sold shares of the business. Byrne Asset Management LLC acquired a new position in Comfort Systems USA in the fourth quarter valued at about $26,000. Point72 Asset Management L.P. purchased a new position in shares of Comfort Systems USA during the 2nd quarter worth approximately $35,000. Brown Brothers Harriman & Co. increased its holdings in Comfort Systems USA by 2,814.3% in the 1st quarter. Brown Brothers Harriman & Co. now owns 408 shares of the construction company's stock valued at $36,000 after purchasing an additional 394 shares during the last quarter. Meeder Asset Management Inc. raised its position in Comfort Systems USA by 172.9% in the fourth quarter. Meeder Asset Management Inc. now owns 363 shares of the construction company's stock valued at $42,000 after purchasing an additional 230 shares during the period. Finally, AdvisorNet Financial Inc lifted its stake in Comfort Systems USA by 2,410.0% during the third quarter. AdvisorNet Financial Inc now owns 251 shares of the construction company's stock worth $43,000 after purchasing an additional 241 shares in the last quarter. Hedge funds and other institutional investors own 96.51% of the company's stock.

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.