8,454 Shares in Comfort Systems USA, Inc. (NYSE:FIX) Acquired by Freedom Day Solutions LLC

Freedom Day Solutions LLC acquired a new stake in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 8,454 shares of the construction company's stock, valued at approximately $1,739,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. BlackRock Inc. lifted its position in shares of Comfort Systems USA by 2.3% in the first quarter. BlackRock Inc. now owns 6,016,801 shares of the construction company's stock valued at $878,212,000 after acquiring an additional 136,122 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Comfort Systems USA by 1.0% in the third quarter. Vanguard Group Inc. now owns 3,898,077 shares of the construction company's stock valued at $379,399,000 after acquiring an additional 39,263 shares in the last quarter. Capital World Investors lifted its position in shares of Comfort Systems USA by 32.3% in the first quarter. Capital World Investors now owns 2,336,939 shares of the construction company's stock valued at $208,011,000 after acquiring an additional 570,560 shares in the last quarter. Invesco Ltd. lifted its position in shares of Comfort Systems USA by 3.9% in the third quarter. Invesco Ltd. now owns 1,317,146 shares of the construction company's stock valued at $224,455,000 after acquiring an additional 50,001 shares in the last quarter. Finally, State Street Corp lifted its position in shares of Comfort Systems USA by 1.5% in the second quarter. State Street Corp now owns 1,241,335 shares of the construction company's stock valued at $203,827,000 after acquiring an additional 18,337 shares in the last quarter. Hedge funds and other institutional investors own 96.51% of the company's stock.

Insider Buying and Selling at Comfort Systems USA

In other news, Director Constance Ellen Skidmore sold 3,000 shares of Comfort Systems USA stock in a transaction on Monday, March 11th. The stock was sold at an average price of $299.96, for a total value of $899,880.00. Following the completion of the sale, the director now directly owns 13,787 shares of the company's stock, valued at $4,135,548.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other news, Director Constance Ellen Skidmore sold 3,000 shares of Comfort Systems USA stock in a transaction on Monday, March 11th. The stock was sold at an average price of $299.96, for a total value of $899,880.00. Following the completion of the sale, the director now directly owns 13,787 shares of the company's stock, valued at $4,135,548.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Darcy Anderson sold 3,800 shares of Comfort Systems USA stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $316.60, for a total value of $1,203,080.00. Following the completion of the sale, the director now directly owns 43,741 shares of the company's stock, valued at $13,848,400.60. The disclosure for this sale can be found here. Insiders have sold 46,614 shares of company stock worth $13,739,345 over the last quarter. 2.48% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages recently commented on FIX. UBS Group lifted their price objective on Comfort Systems USA from $208.00 to $254.00 and gave the stock a "neutral" rating in a research report on Thursday, February 15th. KeyCorp began coverage on Comfort Systems USA in a research report on Wednesday, January 10th. They set a "sector weight" rating on the stock. DA Davidson lifted their price objective 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, StockNews.com upgraded Comfort Systems USA from a "hold" rating to a "buy" rating in a research report on Thursday, April 4th.

Comfort Systems USA Trading Down 0.8 %

NYSE:FIX traded down $2.56 on Friday, reaching $307.58. The company's stock had a trading volume of 230,954 shares, compared to its average volume of 318,388. Comfort Systems USA, Inc. has a 12-month low of $129.77 and a 12-month high of $335.25. The company has a quick ratio of 1.07, a current ratio of 1.11 and a debt-to-equity ratio of 0.03. The firm has a market cap of $10.98 billion, a price-to-earnings ratio of 34.18 and a beta of 1.19. The stock has a 50 day moving average price of $290.74 and a 200 day moving average price of $225.62.

Comfort Systems USA (NYSE:FIX - Get Free Report) last posted its earnings results on Friday, February 23rd. The construction company reported $2.55 EPS for the quarter, beating analysts' consensus estimates 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 company had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter in the previous year, the business earned $1.54 earnings per share. The company's revenue for the quarter was up 21.5% on a year-over-year basis. On average, equities analysts anticipate that Comfort Systems USA, Inc. will post 11.42 EPS for the current fiscal year.

Comfort Systems USA Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 19th. Shareholders 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 0.33%. Comfort Systems USA's dividend payout ratio is currently 11.11%.

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.