Public Sector Pension Investment Board lowered its position in Comfort Systems USA, Inc. (NYSE:FIX) by 12.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 82,183 shares of the construction company’s stock after selling 11,400 shares during the period. Public Sector Pension Investment Board owned 0.22% of Comfort Systems USA worth $4,097,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in the stock. Fieldpoint Private Securities LLC grew its holdings in Comfort Systems USA by 74.8% in the fourth quarter. Fieldpoint Private Securities LLC now owns 928 shares of the construction company’s stock valued at $46,000 after purchasing an additional 397 shares during the period. US Bancorp DE increased its position in Comfort Systems USA by 24.6% in the fourth quarter. US Bancorp DE now owns 1,659 shares of the construction company’s stock worth $82,000 after purchasing an additional 328 shares during the period. CAPROCK Group Inc. acquired a new stake in Comfort Systems USA in the fourth quarter worth about $203,000. Bowling Portfolio Management LLC acquired a new stake in Comfort Systems USA in the fourth quarter worth about $204,000. Finally, Cresset Asset Management LLC acquired a new stake in Comfort Systems USA in the fourth quarter worth about $210,000. Hedge funds and other institutional investors own 95.06% of the company’s stock.
In other Comfort Systems USA news, Director Alan Krusi sold 2,000 shares of Comfort Systems USA stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $47.12, for a total transaction of $94,240.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 3.23% of the stock is currently owned by insiders.
FIX traded down $0.67 during midday trading on Wednesday, reaching $33.04. 409,859 shares of the company were exchanged, compared to its average volume of 266,544. Comfort Systems USA, Inc. has a one year low of $29.43 and a one year high of $58.21. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.28 and a current ratio of 1.30. The stock has a market capitalization of $1.24 billion, a P/E ratio of 10.73 and a beta of 1.34. The stock’s 50-day simple moving average is $43.23 and its 200 day simple moving average is $46.49.
Comfort Systems USA (NYSE:FIX) last posted its earnings results on Wednesday, February 26th. The construction company reported $0.84 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.11. Comfort Systems USA had a return on equity of 20.34% and a net margin of 4.37%. The business had revenue of $719.58 million for the quarter, compared to analyst estimates of $695.50 million. On average, research analysts anticipate that Comfort Systems USA, Inc. will post 3.32 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Monday, March 9th were given a $0.105 dividend. The ex-dividend date was Friday, March 6th. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.10. This represents a $0.42 annualized dividend and a dividend yield of 1.27%. Comfort Systems USA’s payout ratio is 14.00%.
Comfort Systems USA Profile
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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