Teachers Retirement System of The State of Kentucky Grows Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

Teachers Retirement System of The State of Kentucky grew its stake in Comfort Systems USA, Inc. (NYSE:FIX) by 3.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,716 shares of the construction company’s stock after acquiring an additional 565 shares during the period. Teachers Retirement System of The State of Kentucky owned 0.06% of Comfort Systems USA worth $4,055,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Byrne Asset Management LLC purchased a new position in Comfort Systems USA during the 4th quarter worth $26,000. GAMMA Investing LLC purchased a new position in Comfort Systems USA during the fourth quarter valued at approximately $61,000. Spire Wealth Management bought a new position in shares of Comfort Systems USA in the 4th quarter worth $61,000. VisionPoint Advisory Group LLC bought a new stake in Comfort Systems USA during the third quarter valued at about $59,000. Finally, BI Asset Management Fondsmaeglerselskab A S purchased a new position in Comfort Systems USA in the fourth quarter valued at about $76,000. 96.51% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Comfort Systems USA

In other Comfort Systems USA news, Director Darcy Anderson sold 3,500 shares of the business’s stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $344.90, for a total transaction of $1,207,150.00. Following the transaction, the director now owns 40,241 shares of the company’s stock, valued at $13,879,120.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, Director Vance W. Tang sold 988 shares of the firm’s stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $343.00, for a total transaction of $338,884.00. Following the completion of the sale, the director now directly owns 11,173 shares of the company’s stock, valued at approximately $3,832,339. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Darcy Anderson sold 3,500 shares of the company’s stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $344.90, for a total transaction of $1,207,150.00. Following the completion of the transaction, the director now directly owns 40,241 shares in the company, valued at approximately $13,879,120.90. The disclosure for this sale can be found here. In the last quarter, insiders sold 7,961 shares of company stock worth $2,622,664. Insiders own 1.80% of the company’s stock.

Comfort Systems USA Trading Up 2.5 %

NYSE FIX opened at $321.61 on Tuesday. The company has a market capitalization of $11.49 billion, a PE ratio of 31.84 and a beta of 1.16. Comfort Systems USA, Inc. has a 1 year low of $151.89 and a 1 year high of $352.45. The company has a fifty day moving average of $318.34 and a 200 day moving average of $271.85. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.96 and a quick ratio of 0.92.

Comfort Systems USA (NYSE:FIX) last released its quarterly earnings results on Thursday, April 25th. The construction company reported $2.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.26 by $0.43. Comfort Systems USA had a net margin of 6.51% and a return on equity of 28.65%. The firm had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.48 billion. During the same quarter last year, the company earned $1.51 EPS. The firm’s revenue for the quarter was up 30.8% compared to the same quarter last year. Research analysts forecast that Comfort Systems USA, Inc. will post 11.9 earnings per share for the current year.

Comfort Systems USA Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Investors of record on Monday, May 13th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a 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 dividend payout ratio is currently 11.88%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on FIX shares. StockNews.com downgraded shares of Comfort Systems USA from a “buy” rating to a “hold” rating in a research report on Saturday, May 25th. DA Davidson raised their price target on Comfort Systems USA from $200.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, February 28th.

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.