344 Shares in Comfort Systems USA, Inc. $FIX Bought by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. purchased a new stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) during the 4th quarter, HoldingsChannel reports. The firm purchased 344 shares of the construction company’s stock, valued at approximately $321,000.

A number of other hedge funds have also modified their holdings of FIX. Quent Capital LLC acquired a new stake in shares of Comfort Systems USA during the third quarter worth about $25,000. Ameriflex Group Inc. increased its holdings in Comfort Systems USA by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 30 shares of the construction company’s stock worth $25,000 after buying an additional 15 shares during the period. Eastern Bank acquired a new position in Comfort Systems USA in the 3rd quarter worth approximately $31,000. JFS Wealth Advisors LLC raised its position in Comfort Systems USA by 29.4% during the 4th quarter. JFS Wealth Advisors LLC now owns 44 shares of the construction company’s stock worth $41,000 after buying an additional 10 shares during the last quarter. Finally, ORG Partners LLC lifted its stake in Comfort Systems USA by 63.0% during the 4th quarter. ORG Partners LLC now owns 44 shares of the construction company’s stock valued at $41,000 after acquiring an additional 17 shares during the period. 96.51% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Comfort Systems USA

In other Comfort Systems USA news, Director Darcy Anderson sold 4,500 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $1,369.74, for a total transaction of $6,163,830.00. Following the transaction, the director owned 18,035 shares in the company, valued at approximately $24,703,260.90. This represents a 19.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO William George III sold 9,000 shares of the firm’s stock in a transaction that occurred on 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 in the company, valued at approximately $54,276,305.28. The trade was a 19.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 54,901 shares of company stock worth $87,618,330 over the last quarter. Company insiders own 1.24% of the company’s stock.

Analyst Upgrades and Downgrades

FIX has been the topic of several recent research reports. Glj Research assumed coverage on shares of Comfort Systems USA in a report on Monday, April 20th. They issued a “buy” rating and a $2,001.00 price objective on the stock. DA Davidson boosted their target price on shares of Comfort Systems USA from $1,200.00 to $1,800.00 and gave the company a “buy” rating in a research report on Monday, February 23rd. Stifel Nicolaus upped their price target on shares of Comfort Systems USA from $1,611.00 to $1,819.00 and gave the company a “buy” rating in a report on Thursday, April 16th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Comfort Systems USA in a research report on Monday, April 20th. Finally, KeyCorp upgraded Comfort Systems USA from a “sector weight” rating to an “overweight” rating and set a $2,004.00 price objective for the company in a research note on Friday, April 24th. Seven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Comfort Systems USA currently has a consensus rating of “Moderate Buy” and an average price target of $1,923.20.

Comfort Systems USA Stock Performance

FIX opened at $1,950.66 on Monday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.24 and a quick ratio of 1.21. The firm has a fifty day moving average price of $1,529.16 and a 200 day moving average price of $1,215.34. Comfort Systems USA, Inc. has a 1 year low of $430.79 and a 1 year high of $2,018.05. The stock has a market cap of $68.66 billion, a P/E ratio of 56.28 and a beta of 1.70.

Comfort Systems USA (NYSE:FIX) last released its quarterly earnings results on Thursday, April 23rd. The construction company reported $10.51 EPS for the quarter, beating the consensus estimate of $6.81 by $3.70. The company had revenue of $2.87 billion for the quarter, compared to analyst estimates of $2.39 billion. Comfort Systems USA had a net margin of 12.07% and a return on equity of 51.69%. The firm’s revenue was up 56.5% on a year-over-year basis. During the same quarter last year, the business earned $4.75 earnings per share. Equities research analysts anticipate that Comfort Systems USA, Inc. will post 43.17 earnings per share for the current year.

Comfort Systems USA Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Friday, May 15th will be paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, May 15th. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.70. Comfort Systems USA’s dividend payout ratio is currently 8.08%.

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.