Comfort Systems USA Inc. (NYSE:FIX) saw strong trading volume on Thursday . 268,529 shares changed hands during mid-day trading, a decline of 5% from the previous session’s volume of 281,329 shares.The stock last traded at $31.58 and had previously closed at $31.53.

A number of research analysts recently weighed in on the stock. Zacks Investment Research raised shares of Comfort Systems USA from a “hold” rating to a “strong-buy” rating and set a $38.00 target price for the company in a report on Tuesday, April 26th. Sidoti lowered shares of Comfort Systems USA from a “buy” rating to a “neutral” rating and set a $36.00 target price for the company. in a report on Tuesday.

The stock has a 50 day moving average price of $32.06 and a 200 day moving average price of $30.23. The company has a market capitalization of $1.20 billion and a P/E ratio of 22.46.

Comfort Systems USA (NYSE:FIX) last announced its earnings results on Wednesday, April 27th. The company reported $0.26 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.18 by $0.08. The business had revenue of $385.90 million for the quarter, compared to analyst estimates of $397.77 million. The company’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.13 earnings per share. Analysts anticipate that Comfort Systems USA Inc. will post $1.69 EPS for the current year.

In other Comfort Systems USA news, Director Franklin Myers bought 4,200 shares of Comfort Systems USA stock in a transaction dated Friday, April 29th. The stock was acquired at an average cost of $29.30 per share, with a total value of $123,060.00. Following the purchase, the director now directly owns 167,200 shares in the company, valued at approximately $4,898,960. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, Director Alan Krusi sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, May 2nd. The stock was sold at an average price of $30.69, for a total value of $92,070.00. The disclosure for this sale can be found here.

Other hedge funds and institutional investors have made changes to their positions in the company. Russell Frank Co increased its position in shares of Comfort Systems USA by 27.6% in the fourth quarter. Russell Frank Co now owns 329,603 shares of the company’s stock valued at $9,492,000 after buying an additional 71,390 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in shares of Comfort Systems USA by 96.4% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 138,026 shares of the company’s stock valued at $3,923,000 after buying an additional 67,733 shares during the last quarter. Engineers Gate Manager LP boosted its stake in shares of Comfort Systems USA by 12.9% in the fourth quarter. Engineers Gate Manager LP now owns 55,242 shares of the company’s stock valued at $1,570,000 after buying an additional 6,314 shares during the last quarter. GSA Capital Partners LLP boosted its stake in shares of Comfort Systems USA by 70.8% in the fourth quarter. GSA Capital Partners LLP now owns 72,393 shares of the company’s stock valued at $2,057,000 after buying an additional 29,999 shares during the last quarter. Finally, California State Teachers Retirement System boosted its stake in shares of Comfort Systems USA by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 69,181 shares of the company’s stock valued at $1,966,000 after buying an additional 1,245 shares during the last quarter.

Comfort Systems USA, Inc is a provider of mechanical contracting services, which principally includes heating, ventilation and air conditioning (HVAC), plumbing, piping and controls, as well as off-site construction, electrical, monitoring and fire protection. It installs, maintains and repairs products and systems throughout its approximately 35 operating units in 81 cities and 89 locations throughout the United States.

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