382 Shares in Comfort Systems USA, Inc. $FIX Bought by Mirador Capital Partners LP

Mirador Capital Partners LP purchased a new position in Comfort Systems USA, Inc. (NYSE:FIX) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 382 shares of the construction company’s stock, valued at approximately $357,000.

Other institutional investors have also added to or reduced their stakes in the company. Toth Financial Advisory Corp bought a new stake in shares of Comfort Systems USA in the 3rd quarter valued at about $25,000. Quent Capital LLC purchased a new stake in Comfort Systems USA during the 3rd quarter valued at about $25,000. Ameriflex Group Inc. grew its position in Comfort Systems USA by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 30 shares of the construction company’s stock worth $25,000 after acquiring an additional 15 shares during the last quarter. Eastern Bank purchased a new position in Comfort Systems USA in the 3rd quarter worth approximately $31,000. Finally, JFS Wealth Advisors LLC increased its stake in Comfort Systems USA by 29.4% in the 4th quarter. JFS Wealth Advisors LLC now owns 44 shares of the construction company’s stock worth $41,000 after purchasing an additional 10 shares during the period. 96.51% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CFO William George III sold 9,000 shares of the firm’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $1,434.97, for a total value of $12,914,730.00. Following the completion of the sale, the chief financial officer directly owned 37,824 shares of the company’s stock, valued at approximately $54,276,305.28. This trade represents a 19.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Brian E. Lane sold 9,365 shares of Comfort Systems USA stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $1,453.12, for a total transaction of $13,608,468.80. Following the sale, the insider directly owned 171,523 shares in the company, valued at $249,243,501.76. The trade was a 5.18% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 37,288 shares of company stock worth $53,677,038. Company insiders own 1.59% of the company’s stock.

Comfort Systems USA Trading Up 0.6%

NYSE FIX opened at $1,367.28 on Friday. The stock has a market cap of $48.09 billion, a P/E ratio of 47.31 and a beta of 1.63. Comfort Systems USA, Inc. has a fifty-two week low of $276.44 and a fifty-two week high of $1,500.00. The stock has a 50 day simple moving average of $1,315.57 and a two-hundred day simple moving average of $1,055.79. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.19 and a current ratio of 1.21.

Comfort Systems USA (NYSE:FIX) last posted its earnings results on Thursday, February 19th. The construction company reported $9.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.75 by $2.62. The firm had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.34 billion. Comfort Systems USA had a return on equity of 48.52% and a net margin of 11.23%.The business’s revenue was up 41.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.09 earnings per share. On average, analysts forecast that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current year.

Comfort Systems USA Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Friday, March 6th were given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Friday, March 6th. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.60. Comfort Systems USA’s payout ratio is presently 9.69%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on FIX. Weiss Ratings reissued a “buy (b)” rating on shares of Comfort Systems USA in a research note on Wednesday, January 21st. UBS Group reaffirmed a “buy” rating and issued a $1,310.00 target price on shares of Comfort Systems USA in a research note on Monday, February 2nd. Zacks Research upgraded shares of Comfort Systems USA from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 24th. Wall Street Zen cut shares of Comfort Systems USA from a “strong-buy” rating to a “buy” rating in a research report on Saturday, January 3rd. Finally, Stifel Nicolaus set a $1,611.00 price target on shares of Comfort Systems USA in a report on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $1,573.67.

About Comfort Systems USA

Comfort Systems USA, Inc is a U.S.-based mechanical contracting company that provides a range of heating, ventilation and air conditioning (HVAC) services to commercial, industrial and institutional customers. The company focuses on the design, installation, maintenance and repair of HVAC systems, and it supports projects from initial engineering and system selection through long-term service agreements and upgrades.

Its service offerings include new construction and retrofit installations, preventive and corrective maintenance, emergency repair, energy management and building automation systems.