Comfort Systems USA, Inc. (NYSE:FIX) Shares Purchased by BNP Paribas Financial Markets

BNP Paribas Financial Markets lifted its stake in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 16.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 49,841 shares of the construction company's stock after purchasing an additional 7,067 shares during the period. BNP Paribas Financial Markets owned 0.14% of Comfort Systems USA worth $10,251,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Byrne Asset Management LLC bought a new position in Comfort Systems USA in the fourth quarter worth about $26,000. VisionPoint Advisory Group LLC bought a new position in Comfort Systems USA in the third quarter worth about $59,000. GAMMA Investing LLC bought a new position in Comfort Systems USA in the fourth quarter worth about $61,000. Spire Wealth Management bought a new position in Comfort Systems USA in the fourth quarter worth about $61,000. Finally, Principal Securities Inc. bought a new position in Comfort Systems USA in the fourth quarter worth about $116,000. Institutional investors own 96.51% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on FIX shares. UBS Group increased their price target on shares of Comfort Systems USA from $208.00 to $254.00 and gave the stock a "neutral" rating in a research note on Thursday, February 15th. StockNews.com upgraded shares of Comfort Systems USA from a "hold" rating to a "buy" rating in a report on Friday. Finally, DA Davidson upped their price objective on shares of Comfort Systems USA from $200.00 to $350.00 and gave the stock a "buy" rating in a report on Wednesday, February 28th.

Insider Activity

In other news, CFO William George III sold 8,429 shares of the stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $278.95, for a total transaction of $2,351,269.55. Following the sale, the chief financial officer now owns 62,471 shares in the company, valued at $17,426,285.45. The transaction was disclosed in a filing with the SEC, which is available at this link. In other news, CFO William George III sold 8,429 shares of the stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $278.95, for a total transaction of $2,351,269.55. Following the sale, the chief financial officer now owns 62,471 shares in the company, valued at $17,426,285.45. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Vance W. Tang sold 988 shares of the stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $343.00, for a total transaction of $338,884.00. Following the transaction, the director now owns 11,173 shares in the company, valued at approximately $3,832,339. The disclosure for this sale can be found here. Insiders have sold a total of 51,102 shares of company stock worth $15,285,379 over the last 90 days. 1.80% of the stock is currently owned by insiders.

Comfort Systems USA Stock Down 1.7 %

FIX traded down $5.37 during midday trading on Friday, reaching $316.23. The company's stock had a trading volume of 489,189 shares, compared to its average volume of 363,225. The firm has a market capitalization of $11.30 billion, a price-to-earnings ratio of 31.31 and a beta of 1.20. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 0.06. Comfort Systems USA, Inc. has a 1 year low of $144.45 and a 1 year high of $352.45. The stock's 50-day moving average is $314.71 and its 200-day moving average is $250.73.

Comfort Systems USA (NYSE:FIX - Get Free Report) last announced its quarterly earnings data on Thursday, April 25th. The construction company reported $2.69 earnings per share for the quarter, topping analysts' consensus estimates of $2.26 by $0.43. Comfort Systems USA had a net margin of 6.51% and a return on equity of 28.65%. The business had revenue of $1.54 billion for the quarter, compared to analysts' expectations of $1.48 billion. During the same quarter in the prior year, the company earned $1.51 earnings per share. The business's revenue was up 30.8% compared to the same quarter last year. As a group, research analysts expect that Comfort Systems USA, Inc. will post 11.9 EPS for the current year.

Comfort Systems USA Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 24th. Stockholders of record on Monday, May 13th will be issued a dividend of $0.30 per share. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.25. The ex-dividend date is Friday, May 10th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.38%. Comfort Systems USA's dividend payout ratio is presently 11.88%.

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.