IndexIQ Advisors LLC purchased a new position in Comfort Systems USA, Inc. (NYSE:FIX) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 5,286 shares of the construction company’s stock, valued at approximately $193,000.
Several other large investors also recently bought and sold shares of FIX. Fieldpoint Private Securities LLC raised its position in shares of Comfort Systems USA by 74.8% during the fourth quarter. Fieldpoint Private Securities LLC now owns 928 shares of the construction company’s stock valued at $46,000 after buying an additional 397 shares during the last quarter. Private Capital Group LLC grew its position in Comfort Systems USA by 51.5% during the first quarter. Private Capital Group LLC now owns 1,432 shares of the construction company’s stock worth $52,000 after buying an additional 487 shares in the last quarter. Point72 Asset Management L.P. bought a new position in Comfort Systems USA during the fourth quarter valued at about $70,000. US Bancorp DE raised its holdings in Comfort Systems USA by 24.6% in the 4th quarter. US Bancorp DE now owns 1,659 shares of the construction company’s stock valued at $82,000 after acquiring an additional 328 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Comfort Systems USA by 55.7% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,398 shares of the construction company’s stock worth $124,000 after acquiring an additional 1,216 shares during the period. Institutional investors own 94.86% of the company’s stock.
In other Comfort Systems USA news, Director Vance W. Tang acquired 10,000 shares of the business’s stock in a transaction on Monday, May 4th. The stock was purchased at an average price of $31.94 per share, for a total transaction of $319,400.00. Following the transaction, the director now owns 30,871 shares in the company, valued at approximately $986,019.74. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Alan Krusi sold 2,000 shares of the business’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $32.01, for a total value of $64,020.00. The disclosure for this sale can be found here. Insiders have purchased a total of 14,115 shares of company stock valued at $444,269 over the last three months. 3.23% of the stock is currently owned by insiders.
Comfort Systems USA stock opened at $33.80 on Friday. The business has a 50 day simple moving average of $33.01 and a 200 day simple moving average of $43.46. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.47 and a quick ratio of 1.45. The company has a market capitalization of $1.23 billion, a PE ratio of 11.16 and a beta of 1.04. Comfort Systems USA, Inc. has a one year low of $27.54 and a one year high of $53.66.
Comfort Systems USA (NYSE:FIX) last released its quarterly earnings data on Monday, April 27th. The construction company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.07. Comfort Systems USA had a return on equity of 19.26% and a net margin of 4.04%. The firm had revenue of $700.10 million during the quarter, compared to analyst estimates of $645.63 million. During the same period in the prior year, the company posted $0.53 earnings per share. The business’s revenue for the quarter was up 30.0% compared to the same quarter last year. Equities analysts anticipate that Comfort Systems USA, Inc. will post 2.36 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Investors of record on Friday, May 15th will be given a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date is Thursday, May 14th. Comfort Systems USA’s dividend payout ratio (DPR) is currently 14.00%.
About Comfort Systems USA
Comfort Systems USA, Inc provides mechanical installation, renovation, maintenance, repair, and replacement services for the mechanical services industry in the United States. It is involved in the design, engineering, integration, installation, and start-up of mechanical and related systems; and maintenance, repair, replacement, renovation, expansion, reconfiguration, and monitoring of mechanical systems, including heating, ventilation, and air conditioning (HVAC) systems, as well as plumbing, piping and controls, off-site construction, electrical, monitoring, and fire protection.
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