Comfort Systems USA Inc. (FIX) Stake Held by Swiss National Bank
Swiss National Bank held its position in Comfort Systems USA Inc. (NYSE:FIX) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 63,100 shares of the company’s stock at the end of the second quarter. Swiss National Bank owned 0.17% of Comfort Systems USA worth $2,055,000 as of its most recent filing with the SEC.
Other institutional investors have also bought and sold shares of the company. Norges Bank acquired a new position in Comfort Systems USA during the fourth quarter worth $11,496,000. Friess Associates LLC purchased a new position in Comfort Systems USA during the first quarter valued at $8,262,000. Eagle Asset Management Inc. purchased a new position in Comfort Systems USA during the second quarter valued at $5,912,000. TIAA CREF Investment Management LLC raised its position in Comfort Systems USA by 72.3% in the first quarter. TIAA CREF Investment Management LLC now owns 359,957 shares of the company’s stock valued at $11,436,000 after buying an additional 151,096 shares during the last quarter. Finally, Panagora Asset Management Inc. raised its position in Comfort Systems USA by 597.8% in the first quarter. Panagora Asset Management Inc. now owns 154,289 shares of the company’s stock valued at $4,902,000 after buying an additional 132,179 shares during the last quarter. Hedge funds and other institutional investors own 98.19% of the company’s stock.
Comfort Systems USA Inc. (NYSE:FIX) traded down 0.43% during trading on Tuesday, reaching $30.26. 473,632 shares of the company’s stock traded hands. The firm has a market capitalization of $1.13 billion, a PE ratio of 19.66 and a beta of 1.61. Comfort Systems USA Inc. has a 1-year low of $24.22 and a 1-year high of $35.00. The firm has a 50 day moving average of $28.58 and a 200 day moving average of $30.82.
Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings results on Friday, July 29th. The company reported $0.47 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.04. The business earned $427.50 million during the quarter, compared to the consensus estimate of $447.05 million. Comfort Systems USA had a net margin of 3.63% and a return on equity of 16.53%. The business’s revenue was up 2.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.35 EPS. Equities analysts forecast that Comfort Systems USA Inc. will post $1.72 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Tuesday, August 23rd. Stockholders of record on Friday, August 12th were issued a $0.07 dividend. The ex-dividend date was Wednesday, August 10th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.93%. Comfort Systems USA’s dividend payout ratio is presently 18.18%.
FIX has been the topic of several recent analyst reports. Sidoti lowered shares of Comfort Systems USA from a “buy” rating to a “neutral” rating and set a $36.00 target price on the stock. in a report on Tuesday, July 12th. Zacks Investment Research lowered shares of Comfort Systems USA from a “buy” rating to a “hold” rating in a report on Wednesday, June 29th.
In other Comfort Systems USA news, Director Alan Krusi sold 3,000 shares of the firm’s stock in a transaction dated Monday, August 1st. The shares were sold at an average price of $30.13, for a total transaction of $90,390.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Franklin Myers bought 2,500 shares of the company’s stock in a transaction on Monday, August 8th. The shares were acquired at an average price of $28.47 per share, with a total value of $71,175.00. Following the completion of the acquisition, the director now directly owns 182,500 shares in the company, valued at approximately $5,195,775. The disclosure for this purchase can be found here. 3.49% of the stock is currently owned by insiders.
About Comfort Systems USA
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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