Trexquant Investment LP Sells 16,670 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Trexquant Investment LP cut its position in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 43.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 21,701 shares of the construction company's stock after selling 16,670 shares during the quarter. Trexquant Investment LP owned 0.06% of Comfort Systems USA worth $9,203,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its position in Comfort Systems USA by 1,925.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 81 shares of the construction company's stock worth $34,000 after acquiring an additional 77 shares during the last quarter. Harbor Investment Advisory LLC boosted its holdings in Comfort Systems USA by 183.3% during the fourth quarter. Harbor Investment Advisory LLC now owns 85 shares of the construction company's stock worth $36,000 after purchasing an additional 55 shares during the last quarter. Private Trust Co. NA grew its position in Comfort Systems USA by 41.3% in the fourth quarter. Private Trust Co. NA now owns 106 shares of the construction company's stock valued at $45,000 after purchasing an additional 31 shares in the last quarter. Skandinaviska Enskilda Banken AB publ increased its stake in Comfort Systems USA by 1,300.0% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 112 shares of the construction company's stock valued at $48,000 after buying an additional 104 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its position in Comfort Systems USA by 28.6% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 126 shares of the construction company's stock worth $53,000 after buying an additional 28 shares in the last quarter. Institutional investors and hedge funds own 96.51% of the company's stock.

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Wall Street Analyst Weigh In

Several research analysts recently commented on FIX shares. UBS Group increased their price target on Comfort Systems USA from $525.00 to $575.00 and gave the company a "buy" rating in a research report on Monday, December 9th. Stifel Nicolaus lowered their price objective on shares of Comfort Systems USA from $577.00 to $471.00 and set a "buy" rating on the stock in a research note on Monday, February 24th. Sidoti upgraded Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 price objective on the stock in a research note on Monday, February 24th. Finally, StockNews.com cut Comfort Systems USA from a "buy" rating to a "hold" rating in a research note on Tuesday, March 25th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $530.75.

Comfort Systems USA Stock Performance

Shares of FIX traded up $4.81 during midday trading on Monday, reaching $301.32. 404,332 shares of the stock were exchanged, compared to its average volume of 429,543. Comfort Systems USA, Inc. has a twelve month low of $272.93 and a twelve month high of $553.09. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.04. The stock's 50 day simple moving average is $372.38 and its 200 day simple moving average is $418.23. The company has a market cap of $10.71 billion, a P/E ratio of 20.59 and a beta of 1.27.

Comfort Systems USA (NYSE:FIX - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The construction company reported $4.09 earnings per share for the quarter, beating analysts' consensus estimates of $3.63 by $0.46. The company had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.77 billion. Comfort Systems USA had a net margin of 7.43% and a return on equity of 35.28%. On average, sell-side analysts expect that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current year.

Comfort Systems USA Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Monday, March 10th were paid a $0.40 dividend. The ex-dividend date was Monday, March 10th. This is a positive change from Comfort Systems USA's previous quarterly dividend of $0.35. This represents a $1.60 annualized dividend and a yield of 0.53%. Comfort Systems USA's dividend payout ratio (DPR) is 10.95%.

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.