Mirabella Financial Services LLP Invests $1.11 Million in Comfort Systems USA, Inc. $FIX

Mirabella Financial Services LLP bought a new stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 2,060 shares of the construction company’s stock, valued at approximately $1,105,000.

A number of other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in Comfort Systems USA by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 3,802,542 shares of the construction company’s stock valued at $1,225,673,000 after acquiring an additional 21,847 shares during the last quarter. Westfield Capital Management Co. LP raised its holdings in shares of Comfort Systems USA by 5.3% in the 2nd quarter. Westfield Capital Management Co. LP now owns 936,412 shares of the construction company’s stock worth $502,113,000 after purchasing an additional 46,773 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in Comfort Systems USA by 2,872,410.3% during the first quarter. Jones Financial Companies Lllp now owns 833,028 shares of the construction company’s stock valued at $268,510,000 after purchasing an additional 832,999 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Comfort Systems USA by 0.4% during the second quarter. Geode Capital Management LLC now owns 821,897 shares of the construction company’s stock worth $440,764,000 after buying an additional 3,032 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in Comfort Systems USA by 3.4% in the second quarter. JPMorgan Chase & Co. now owns 536,906 shares of the construction company’s stock worth $287,894,000 after buying an additional 17,469 shares during the last quarter. 96.51% of the stock is owned by institutional investors and hedge funds.

Comfort Systems USA Stock Performance

FIX stock opened at $1,003.80 on Friday. The stock has a market cap of $35.40 billion, a P/E ratio of 42.50 and a beta of 1.64. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.20 and a current ratio of 1.22. The firm has a 50 day simple moving average of $902.87 and a 200 day simple moving average of $712.85. Comfort Systems USA, Inc. has a 52 week low of $276.44 and a 52 week high of $1,020.26.

Comfort Systems USA (NYSE:FIX) last issued its earnings results on Monday, August 15th. The construction company reported $0.90 earnings per share (EPS) for the quarter. Comfort Systems USA had a net margin of 10.06% and a return on equity of 43.59%. The company had revenue of $713.90 million during the quarter. Research analysts anticipate that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current fiscal year.

Comfort Systems USA Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 24th. Investors of record on Thursday, November 13th were issued a $0.60 dividend. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.50. This represents a $2.40 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Thursday, November 13th. Comfort Systems USA’s dividend payout ratio is currently 10.16%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. William Blair assumed coverage on Comfort Systems USA in a research report on Thursday, September 11th. They set an “outperform” rating for the company. UBS Group upped their target price on Comfort Systems USA from $875.00 to $1,140.00 and gave the company a “buy” rating in a report on Monday, October 27th. Zacks Research raised Comfort Systems USA from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 28th. Stifel Nicolaus set a $1,069.00 price objective on shares of Comfort Systems USA in a research note on Friday, October 24th. Finally, Wall Street Zen lowered shares of Comfort Systems USA from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 22nd. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $892.75.

Insider Transactions at Comfort Systems USA

In other news, insider Brian E. Lane sold 7,158 shares of the stock in a transaction on Monday, November 24th. The shares were sold at an average price of $947.98, for a total transaction of $6,785,640.84. Following the transaction, the insider owned 180,888 shares in the company, valued at $171,478,206.24. This represents a 3.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Herman E. Bulls sold 2,000 shares of Comfort Systems USA stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $1,013.62, for a total transaction of $2,027,240.00. Following the completion of the sale, the director directly owned 30,574 shares of the company’s stock, valued at approximately $30,990,417.88. The trade was a 6.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 26,528 shares of company stock valued at $25,467,824. Insiders own 1.59% of the company’s stock.

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.