Comfort Systems USA, Inc. (NYSE:FIX) Shares Bought by Barclays PLC

Barclays PLC boosted its position in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 23.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,848 shares of the construction company's stock after buying an additional 4,331 shares during the period. Barclays PLC owned approximately 0.06% of Comfort Systems USA worth $8,919,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. Hollencrest Capital Management purchased a new stake in Comfort Systems USA in the 3rd quarter worth approximately $28,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Comfort Systems USA during the 3rd quarter worth approximately $38,000. V Square Quantitative Management LLC raised its stake in Comfort Systems USA by 59.5% in the 3rd quarter. V Square Quantitative Management LLC now owns 126 shares of the construction company's stock valued at $49,000 after purchasing an additional 47 shares during the last quarter. True Wealth Design LLC acquired a new position in Comfort Systems USA in the 3rd quarter valued at $53,000. Finally, Contravisory Investment Management Inc. raised its stake in Comfort Systems USA by 126.9% in the 3rd quarter. Contravisory Investment Management Inc. now owns 152 shares of the construction company's stock valued at $59,000 after purchasing an additional 85 shares during the last quarter. Hedge funds and other institutional investors own 96.51% of the company's stock.

Comfort Systems USA Stock Down 4.7 %

Shares of NYSE FIX traded down $21.35 during midday trading on Wednesday, hitting $433.12. 544,615 shares of the company's stock were exchanged, compared to its average volume of 378,084. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02. Comfort Systems USA, Inc. has a twelve month low of $194.30 and a twelve month high of $510.79. The company has a market cap of $15.42 billion, a PE ratio of 33.14 and a beta of 1.18. The firm's fifty day simple moving average is $445.81 and its 200-day simple moving average is $371.38.

Comfort Systems USA (NYSE:FIX - Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The construction company reported $4.09 EPS for the quarter, topping the consensus estimate of $3.97 by $0.12. The company had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.84 billion. Comfort Systems USA had a return on equity of 32.74% and a net margin of 7.18%. The firm's revenue was up 31.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.74 earnings per share. Research analysts predict that Comfort Systems USA, Inc. will post 13.95 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, November 25th. Shareholders of record on Thursday, November 14th were paid a $0.35 dividend. This is an increase from Comfort Systems USA's previous quarterly dividend of $0.30. This represents a $1.40 annualized dividend and a dividend yield of 0.32%. The ex-dividend date of this dividend was Thursday, November 14th. Comfort Systems USA's dividend payout ratio (DPR) is 10.71%.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Northcoast Research assumed coverage on Comfort Systems USA in a research note on Friday, November 22nd. They issued a "buy" rating and a $525.00 target price for the company. StockNews.com upgraded Comfort Systems USA from a "hold" rating to a "buy" rating in a report on Saturday, October 12th. Stifel Nicolaus assumed coverage on Comfort Systems USA in a report on Friday, November 15th. They set a "buy" rating and a $524.00 target price for the company. Finally, UBS Group lifted their price objective on Comfort Systems USA from $525.00 to $575.00 and gave the company a "buy" rating in a research note on Monday, December 9th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $493.50.

Insider Buying and Selling at Comfort Systems USA

In related news, Director Vance W. Tang sold 2,700 shares of Comfort Systems USA stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $390.00, for a total value of $1,053,000.00. Following the sale, the director now directly owns 5,498 shares in the company, valued at $2,144,220. The trade was a 32.93 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Pablo G. Mercado sold 2,500 shares of the business's stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $409.46, for a total value of $1,023,650.00. Following the sale, the director now owns 9,036 shares in the company, valued at approximately $3,699,880.56. The trade was a 21.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 36,200 shares of company stock worth $15,431,250. 1.80% of the stock is currently owned by insiders.

Comfort Systems USA Company Profile

Comfort Systems USA, Inc, together with its subsidiaries, provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. It operates through two segments, Mechanical and Electrical. The company offers heating, ventilation, and air conditioning systems, as well as plumbing, electrical, piping and controls, off-site construction, monitoring, and fire protection.