4,828 Shares in Comfort Systems USA, Inc. (NYSE:FIX) Bought by Ontario Teachers Pension Plan Board

Ontario Teachers Pension Plan Board acquired a new stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) during the 1st quarter, Holdings Channel.com reports. The firm acquired 4,828 shares of the construction company’s stock, valued at approximately $1,534,000.

A number of other institutional investors have also recently bought and sold shares of FIX. Heritage Wealth Management LLC acquired a new stake in shares of Comfort Systems USA in the 4th quarter valued at about $246,000. Norden Group LLC boosted its holdings in Comfort Systems USA by 1,143.4% during the first quarter. Norden Group LLC now owns 50,545 shares of the construction company’s stock worth $16,056,000 after purchasing an additional 46,480 shares during the last quarter. Hennessy Advisors Inc. grew its position in Comfort Systems USA by 18.6% in the first quarter. Hennessy Advisors Inc. now owns 173,800 shares of the construction company’s stock valued at $55,218,000 after purchasing an additional 27,200 shares in the last quarter. BNP Paribas Financial Markets increased its stake in Comfort Systems USA by 16.5% in the 4th quarter. BNP Paribas Financial Markets now owns 49,841 shares of the construction company’s stock valued at $10,251,000 after buying an additional 7,067 shares during the last quarter. Finally, Harvest Investment Services LLC bought a new stake in Comfort Systems USA during the 4th quarter worth about $511,000. Institutional investors own 96.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Comfort Systems USA from a “hold” rating to a “buy” rating in a report on Wednesday, June 19th.

Insider Buying and Selling

In other Comfort Systems USA news, Director Vance W. Tang sold 3,473 shares of the business’s stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of $310.00, for a total value of $1,076,630.00. Following the completion of the sale, the director now owns 8,198 shares of the company’s stock, valued at approximately $2,541,380. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Comfort Systems USA news, Director Darcy Anderson sold 3,500 shares of Comfort Systems USA stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $344.90, for a total value of $1,207,150.00. Following the transaction, the director now owns 40,241 shares in the company, valued at $13,879,120.90. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Vance W. Tang sold 3,473 shares of the business’s stock in a transaction on Wednesday, June 5th. The stock was sold at an average price of $310.00, for a total transaction of $1,076,630.00. Following the sale, the director now directly owns 8,198 shares in the company, valued at approximately $2,541,380. The disclosure for this sale can be found here. Over the last three months, insiders have sold 7,961 shares of company stock valued at $2,622,664. 1.80% of the stock is owned by company insiders.

Comfort Systems USA Stock Performance

Shares of FIX traded up $3.17 during mid-day trading on Tuesday, reaching $321.00. The company’s stock had a trading volume of 7,398 shares, compared to its average volume of 401,757. The business has a 50-day simple moving average of $317.82 and a two-hundred day simple moving average of $291.54. Comfort Systems USA, Inc. has a 1-year low of $151.89 and a 1-year high of $352.45. The stock has a market cap of $11.47 billion, a P/E ratio of 31.47 and a beta of 1.15. 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 (NYSE:FIX) last issued its quarterly earnings data on Thursday, April 25th. The construction company reported $2.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.26 by $0.43. The firm had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.48 billion. Comfort Systems USA had a net margin of 6.51% and a return on equity of 28.65%. The business’s revenue for the quarter was up 30.8% compared to the same quarter last year. During the same period last year, the business posted $1.51 earnings per share. As a group, equities research analysts anticipate that Comfort Systems USA, Inc. will post 12.24 earnings per share for the current fiscal year.

Comfort Systems USA Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 24th. Stockholders of record on Monday, May 13th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.37%. The ex-dividend date was Friday, May 10th. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.25. Comfort Systems USA’s payout ratio is presently 11.88%.

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.