Xponance Inc. Purchases 3,088 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Xponance Inc. grew its position in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 148.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,172 shares of the construction company's stock after acquiring an additional 3,088 shares during the quarter. Xponance Inc.'s holdings in Comfort Systems USA were worth $1,064,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. AE Wealth Management LLC boosted its stake in Comfort Systems USA by 22.2% during the 3rd quarter. AE Wealth Management LLC now owns 1,714 shares of the construction company's stock valued at $292,000 after purchasing an additional 311 shares during the last quarter. SG Americas Securities LLC boosted its position in shares of Comfort Systems USA by 437.0% during the third quarter. SG Americas Securities LLC now owns 10,902 shares of the construction company's stock valued at $1,858,000 after buying an additional 8,872 shares during the last quarter. Boston Trust Walden Corp grew its holdings in Comfort Systems USA by 6.4% during the third quarter. Boston Trust Walden Corp now owns 200,692 shares of the construction company's stock worth $34,200,000 after buying an additional 12,149 shares in the last quarter. Mountain Pacific Investment Advisers Inc. ID grew its holdings in Comfort Systems USA by 58.2% during the third quarter. Mountain Pacific Investment Advisers Inc. ID now owns 64,946 shares of the construction company's stock worth $11,067,000 after buying an additional 23,899 shares in the last quarter. Finally, Linden Thomas Advisory Services LLC raised its position in Comfort Systems USA by 14.9% in the 3rd quarter. Linden Thomas Advisory Services LLC now owns 1,887 shares of the construction company's stock valued at $322,000 after buying an additional 244 shares during the last quarter. 96.51% of the stock is owned by institutional investors and hedge funds.

Comfort Systems USA Stock Performance

NYSE FIX traded up $2.96 on Thursday, hitting $311.65. 459,222 shares of the stock traded hands, compared to its average volume of 351,252. 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 business's fifty day moving average is $301.00 and its two-hundred day moving average is $232.96. Comfort Systems USA, Inc. has a 12 month low of $129.77 and a 12 month high of $335.25. The firm has a market capitalization of $11.12 billion, a price-to-earnings ratio of 33.92 and a beta of 1.19.

Comfort Systems USA (NYSE:FIX - Get Free Report) last posted its earnings results on Friday, February 23rd. The construction company reported $2.55 earnings per share for the quarter, topping the consensus estimate of $2.15 by $0.40. Comfort Systems USA had a net margin of 6.21% and a return on equity of 26.99%. The firm had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter last year, the company earned $1.54 earnings per share. The company's revenue was up 21.5% on a year-over-year basis. As a group, equities analysts anticipate that Comfort Systems USA, Inc. will post 11.42 EPS for the current fiscal year.

Comfort Systems USA Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 19th. Investors of record on Friday, March 8th were paid a dividend of $0.25 per share. The ex-dividend date was Thursday, March 7th. This represents a $1.00 annualized dividend and a yield of 0.32%. Comfort Systems USA's dividend payout ratio is currently 11.11%.

Insider Activity at Comfort Systems USA

In related news, CFO William George III sold 8,429 shares of the business's stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $278.95, for a total transaction of $2,351,269.55. Following the completion of the transaction, the chief financial officer now directly owns 62,471 shares in the company, valued at $17,426,285.45. The transaction was disclosed in a document filed with the SEC, which is available through this link. In related news, CFO William George III sold 8,429 shares of the firm's stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $278.95, for a total value of $2,351,269.55. Following the sale, the chief financial officer now directly owns 62,471 shares of the company's stock, valued at $17,426,285.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO T Mckenna Trent sold 14,185 shares of the business's stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $278.55, for a total transaction of $3,951,231.75. Following the completion of 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. Over the last 90 days, insiders sold 46,614 shares of company stock valued at $13,739,345. Corporate insiders own 1.80% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on FIX. StockNews.com upgraded shares of Comfort Systems USA from a "hold" rating to a "buy" rating in a research note on Thursday, April 4th. KeyCorp initiated coverage on Comfort Systems USA in a research note on Wednesday, January 10th. They issued a "sector weight" rating on the stock. DA Davidson increased their price target on Comfort Systems USA from $200.00 to $350.00 and gave the company a "buy" rating in a research report on Wednesday, February 28th. Finally, UBS Group boosted 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.

Comfort Systems USA Company 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.