Two Sigma Advisers LP Purchases 20,500 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Two Sigma Advisers LP boosted its holdings in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 158.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 33,400 shares of the construction company's stock after purchasing an additional 20,500 shares during the quarter. Two Sigma Advisers LP owned 0.09% of Comfort Systems USA worth $13,038,000 at the end of the most recent reporting period.

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

Insider Activity at Comfort Systems USA

In other Comfort Systems USA news, Director Vance W. Tang sold 2,700 shares of the business's stock in a transaction on Monday, October 28th. The shares were sold at an average price of $390.00, for a total transaction of $1,053,000.00. Following the sale, the director now owns 5,498 shares of the company's stock, valued at $2,144,220. The trade was a 32.93 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Brian E. Lane sold 15,000 shares of the firm's stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $448.88, for a total value of $6,733,200.00. Following the completion of the transaction, the insider now directly owns 204,205 shares of the company's stock, valued at $91,663,540.40. The trade was a 6.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 36,200 shares of company stock worth $15,431,250. Insiders own 1.80% of the company's stock.

Comfort Systems USA Stock Down 6.9 %

FIX stock traded down $34.51 during mid-day trading on Monday, reaching $462.49. 344,144 shares of the company traded hands, compared to its average volume of 379,711. 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 firm's 50 day moving average price is $436.69 and its 200 day moving average price is $365.12. The stock has a market cap of $16.46 billion, a price-to-earnings ratio of 38.03 and a beta of 1.18. Comfort Systems USA, Inc. has a fifty-two week low of $192.06 and a fifty-two week high of $510.79.

Comfort Systems USA (NYSE:FIX - Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The construction company reported $4.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.97 by $0.12. Comfort Systems USA had a net margin of 7.18% and a return on equity of 32.74%. The firm had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.84 billion. During the same period in the previous year, the firm earned $2.74 EPS. The business's revenue for the quarter was up 31.5% compared to the same quarter last year. As a group, equities 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 represents a $1.40 dividend on an annualized basis and a yield of 0.30%. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.30. The ex-dividend date was Thursday, November 14th. Comfort Systems USA's payout ratio is presently 10.71%.

Wall Street Analysts Forecast Growth

FIX has been the subject of a number of analyst reports. Northcoast Research began coverage on Comfort Systems USA in a research report on Friday, November 22nd. They set a "buy" rating and a $525.00 price objective for the company. StockNews.com raised Comfort Systems USA from a "hold" rating to a "buy" rating in a research report on Saturday, October 12th. UBS Group upgraded Comfort Systems USA from a "neutral" rating to a "buy" rating and increased their price target for the stock from $396.00 to $525.00 in a report on Tuesday, November 19th. Finally, Stifel Nicolaus started coverage on Comfort Systems USA in a report on Friday, November 15th. They set a "buy" rating and a $524.00 price objective for the company. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, Comfort Systems USA currently has a consensus rating of "Moderate Buy" and a consensus target price of $481.00.

Comfort Systems USA 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.