Thompson Siegel & Walmsley LLC trimmed its holdings in Comfort Systems USA (NYSE:FIX) by 7.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 234,764 shares of the construction company’s stock after selling 19,235 shares during the period. Thompson Siegel & Walmsley LLC owned approximately 0.63% of Comfort Systems USA worth $9,684,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in the stock. Swiss National Bank grew its stake in Comfort Systems USA by 1.9% in the 1st quarter. Swiss National Bank now owns 64,800 shares of the construction company’s stock valued at $2,673,000 after buying an additional 1,200 shares in the last quarter. Prudential Financial Inc. grew its stake in Comfort Systems USA by 2.0% in the 1st quarter. Prudential Financial Inc. now owns 65,421 shares of the construction company’s stock valued at $2,699,000 after buying an additional 1,300 shares in the last quarter. HBK Investments L P grew its stake in Comfort Systems USA by 15.5% in the 4th quarter. HBK Investments L P now owns 11,092 shares of the construction company’s stock valued at $484,000 after buying an additional 1,492 shares in the last quarter. Victory Capital Management Inc. grew its stake in Comfort Systems USA by 22.4% in the 1st quarter. Victory Capital Management Inc. now owns 8,757 shares of the construction company’s stock valued at $361,000 after buying an additional 1,600 shares in the last quarter. Finally, LS Investment Advisors LLC grew its stake in Comfort Systems USA by 119.1% in the 4th quarter. LS Investment Advisors LLC now owns 3,026 shares of the construction company’s stock valued at $132,000 after buying an additional 1,645 shares in the last quarter. Institutional investors and hedge funds own 94.99% of the company’s stock.
Comfort Systems USA stock opened at $46.10 on Friday. Comfort Systems USA has a 1-year low of $45.30 and a 1-year high of $45.50. The company has a market capitalization of $1.70 billion, a P/E ratio of 23.32, a price-to-earnings-growth ratio of 1.83 and a beta of 1.15. The company has a quick ratio of 1.31, a current ratio of 1.34 and a debt-to-equity ratio of 0.15.
The company also recently declared a quarterly dividend, which will be paid on Friday, May 25th. Shareholders of record on Monday, May 14th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.69%. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.08. The ex-dividend date is Friday, May 11th. Comfort Systems USA’s dividend payout ratio (DPR) is presently 18.39%.
In other news, Chairman Franklin Myers purchased 2,500 shares of the business’s stock in a transaction on Tuesday, February 27th. The stock was purchased at an average cost of $41.87 per share, with a total value of $104,675.00. Following the acquisition, the chairman now directly owns 212,500 shares in the company, valued at $8,897,375. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Brian E. Lane sold 19,124 shares of the firm’s stock in a transaction on Friday, March 2nd. The shares were sold at an average price of $40.26, for a total transaction of $769,932.24. The disclosure for this sale can be found here. Over the last three months, insiders sold 85,494 shares of company stock valued at $3,569,783. Insiders own 3.48% of the company’s stock.
A number of research analysts recently weighed in on FIX shares. Zacks Investment Research upgraded shares of Comfort Systems USA from a “hold” rating to a “buy” rating and set a $48.00 price objective for the company in a research note on Tuesday, February 27th. ValuEngine upgraded shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a research note on Tuesday, May 8th. Finally, DA Davidson lifted their price objective on shares of Comfort Systems USA from $46.00 to $48.00 and gave the company a “hold” rating in a research note on Monday, April 30th. Four investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $48.50.
Comfort Systems USA Company Profile
Comfort Systems USA, Inc provides mechanical installation, renovation, maintenance, repair, and replacement services for the mechanical services industry in the United States. It is involved in the design, engineering, integration, installation, and start-up of mechanical and related systems; and maintenance, repair, replacement, renovation, expansion, reconfiguration, and monitoring of mechanical systems, including heating, ventilation, and air conditioning (HVAC) systems, as well as industrial process piping.
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