Knights of Columbus Asset Advisors LLC Acquires 6,731 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Knights of Columbus Asset Advisors LLC raised its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 35.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,874 shares of the construction company's stock after purchasing an additional 6,731 shares during the quarter. Knights of Columbus Asset Advisors LLC owned 0.07% of Comfort Systems USA worth $5,322,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Byrne Asset Management LLC acquired a new stake in Comfort Systems USA during the fourth quarter valued at approximately $26,000. Point72 Asset Management L.P. acquired a new position in shares of Comfort Systems USA in the 2nd quarter worth approximately $35,000. AdvisorNet Financial Inc boosted its holdings in shares of Comfort Systems USA by 2,410.0% in the 3rd quarter. AdvisorNet Financial Inc now owns 251 shares of the construction company's stock worth $43,000 after acquiring an additional 241 shares in the last quarter. VisionPoint Advisory Group LLC acquired a new position in shares of Comfort Systems USA in the 3rd quarter worth approximately $59,000. Finally, Meeder Asset Management Inc. boosted its holdings in shares of Comfort Systems USA by 172.9% in the 4th quarter. Meeder Asset Management Inc. now owns 363 shares of the construction company's stock worth $42,000 after acquiring an additional 230 shares in the last quarter. 96.51% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Comfort Systems USA

In other Comfort Systems USA news, insider Brian E. Lane sold 16,000 shares of the company's stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $312.13, for a total value of $4,994,080.00. Following the sale, the insider now owns 227,926 shares in the company, valued at $71,142,542.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, CFO William George III sold 8,429 shares of the company's stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $278.95, for a total value of $2,351,269.55. Following the transaction, the chief financial officer now owns 62,471 shares of the company's stock, valued at $17,426,285.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Brian E. Lane sold 16,000 shares of the company's stock in a transaction that occurred on 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 completion of the transaction, the insider now directly owns 227,926 shares in the company, valued at approximately $71,142,542.38. 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 90 days. Company insiders own 2.48% of the company's stock.

Comfort Systems USA Stock Down 0.5 %

FIX traded down $1.51 on Friday, hitting $290.73. 411,219 shares of the company were exchanged, compared to its average volume of 263,218. Comfort Systems USA, Inc. has a 12 month low of $129.77 and a 12 month high of $335.25. The company has a market cap of $10.38 billion, a PE ratio of 32.30 and a beta of 1.19. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.07 and a current ratio of 1.11. The stock's fifty day moving average is $297.34 and its 200-day moving average is $230.09.

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

Comfort Systems USA Announces Dividend

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

Analysts Set New Price Targets

FIX has been the topic of several recent analyst reports. UBS Group boosted their target price on Comfort Systems USA from $208.00 to $254.00 and gave the stock a "neutral" rating in a report on Thursday, February 15th. KeyCorp initiated coverage on Comfort Systems USA in a report on Wednesday, January 10th. They set a "sector weight" rating on the stock. StockNews.com raised Comfort Systems USA from a "hold" rating to a "buy" rating in a report on Thursday, April 4th. Finally, DA Davidson upped their price objective on Comfort Systems USA from $200.00 to $350.00 and gave the stock a "buy" rating in a report on Wednesday, February 28th.

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.