Comfort Systems USA, Inc. (FIX) Shares Bought by Sawgrass Asset Management LLC

Sawgrass Asset Management LLC lifted its position in Comfort Systems USA, Inc. (NYSE:FIX) by 1,089.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,820 shares of the construction company’s stock after acquiring an additional 59,370 shares during the period. Sawgrass Asset Management LLC’s holdings in Comfort Systems USA were worth $2,969,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of FIX. Wells Fargo & Company MN boosted its stake in shares of Comfort Systems USA by 10.2% in the fourth quarter. Wells Fargo & Company MN now owns 142,365 shares of the construction company’s stock worth $6,215,000 after acquiring an additional 13,124 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Comfort Systems USA by 2.8% in the fourth quarter. Geode Capital Management LLC now owns 315,421 shares of the construction company’s stock worth $13,768,000 after acquiring an additional 8,550 shares during the last quarter. Deutsche Bank AG boosted its stake in shares of Comfort Systems USA by 56.8% in the fourth quarter. Deutsche Bank AG now owns 152,663 shares of the construction company’s stock worth $6,661,000 after acquiring an additional 55,323 shares during the last quarter. Guggenheim Capital LLC acquired a new stake in shares of Comfort Systems USA in the fourth quarter worth approximately $1,446,000. Finally, Cornerstone Capital Management Holdings LLC. acquired a new stake in shares of Comfort Systems USA in the fourth quarter worth approximately $266,000. 91.36% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Comfort Systems USA stock opened at $49.10 on Friday. The company has a current ratio of 1.34, a quick ratio of 1.31 and a debt-to-equity ratio of 0.15. The company has a market cap of $1.79 billion, a P/E ratio of 28.22, a P/E/G ratio of 1.92 and a beta of 1.21. Comfort Systems USA, Inc. has a one year low of $31.90 and a one year high of $49.92.

Comfort Systems USA (NYSE:FIX) last issued its earnings results on Thursday, July 26th. The construction company reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.10. The firm had revenue of $535.00 million during the quarter, compared to analyst estimates of $532.25 million. Comfort Systems USA had a net margin of 3.44% and a return on equity of 17.86%. The company’s quarterly revenue was up 15.0% on a year-over-year basis. During the same quarter last year, the business earned $0.48 earnings per share. research analysts predict that Comfort Systems USA, Inc. will post 2.51 earnings per share for the current year.

A number of analysts have recently issued reports on FIX shares. DA Davidson lifted their price target on Comfort Systems USA from $46.00 to $48.00 and gave the stock a “hold” rating in a research note on Monday, April 30th. Zacks Investment Research lowered Comfort Systems USA from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 30th. ValuEngine raised Comfort Systems USA from a “hold” rating to a “buy” rating in a research note on Tuesday, May 8th. Finally, Sidoti lowered Comfort Systems USA from a “buy” rating to a “neutral” rating in a research note on Thursday, June 7th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Comfort Systems USA has a consensus rating of “Hold” and a consensus price target of $51.00.

In other Comfort Systems USA news, Director Alan Krusi sold 2,000 shares of the stock in a transaction dated Tuesday, May 1st. The shares were sold at an average price of $41.49, for a total transaction of $82,980.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP T Mckenna Trent sold 21,133 shares of the stock in a transaction dated Friday, May 25th. The stock was sold at an average price of $45.97, for a total transaction of $971,484.01. Following the transaction, the vice president now owns 46,095 shares of the company’s stock, valued at approximately $2,118,987.15. The disclosure for this sale can be found here. In the last quarter, insiders have acquired 17,766 shares of company stock valued at $819,911 and have sold 87,503 shares valued at $3,771,335. 3.48% of the stock is owned by company insiders.

Comfort Systems USA 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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Institutional Ownership by Quarter for Comfort Systems USA (NYSE:FIX)

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