Householder Group Estate & Retirement Specialist LLC Boosts Stock Position in Comfort Systems USA, Inc. (NYSE:FIX)

Householder Group Estate & Retirement Specialist LLC raised its stake in Comfort Systems USA, Inc. (NYSE:FIX) by 16.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 907 shares of the construction company’s stock after purchasing an additional 125 shares during the quarter. Householder Group Estate & Retirement Specialist LLC’s holdings in Comfort Systems USA were worth $384,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Diversified Trust Co acquired a new stake in shares of Comfort Systems USA during the fourth quarter worth $2,998,000. Zacks Investment Management raised its position in Comfort Systems USA by 26.2% during the 3rd quarter. Zacks Investment Management now owns 8,650 shares of the construction company’s stock worth $3,376,000 after buying an additional 1,795 shares during the last quarter. Entropy Technologies LP acquired a new stake in shares of Comfort Systems USA in the 3rd quarter worth $1,484,000. WCM Investment Management LLC boosted its holdings in shares of Comfort Systems USA by 16.5% in the third quarter. WCM Investment Management LLC now owns 99,553 shares of the construction company’s stock valued at $38,833,000 after acquiring an additional 14,090 shares in the last quarter. Finally, Quest Partners LLC acquired a new position in shares of Comfort Systems USA during the third quarter worth about $940,000. Institutional investors and hedge funds own 96.51% of the company’s stock.

Comfort Systems USA Price Performance

FIX stock opened at $504.62 on Friday. The firm has a 50 day moving average of $462.59 and a 200-day moving average of $391.92. The company has a market cap of $17.96 billion, a price-to-earnings ratio of 38.61 and a beta of 1.23. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.04. Comfort Systems USA, Inc. has a 12-month low of $200.15 and a 12-month high of $510.79.

Comfort Systems USA (NYSE:FIX) last issued its quarterly earnings data on Thursday, October 24th. The construction company reported $4.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.97 by $0.12. The firm had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.84 billion. Comfort Systems USA had a return on equity of 32.74% and a net margin of 7.18%. Comfort Systems USA’s revenue was up 31.5% on a year-over-year basis. During the same period in the previous year, the firm posted $2.74 earnings per share. As a group, equities analysts expect that Comfort Systems USA, Inc. will post 13.95 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 25th. Investors of record on Thursday, November 14th were given a $0.35 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.30. This represents a $1.40 annualized dividend and a dividend yield of 0.28%. Comfort Systems USA’s payout ratio is currently 10.71%.

Insider Activity at Comfort Systems USA

In related news, COO T Mckenna Trent sold 4,000 shares of Comfort Systems USA stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $484.81, for a total transaction of $1,939,240.00. Following the completion of the transaction, the chief operating officer now directly owns 23,990 shares in the company, valued at $11,630,591.90. The trade was a 14.29 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Pablo G. Mercado sold 2,500 shares of the stock in a transaction on Tuesday, November 5th. The shares were 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. This trade represents a 21.67 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 36,200 shares of company stock valued at $15,431,250. Insiders own 1.80% of the company’s stock.

Wall Street Analysts Forecast Growth

FIX has been the subject of a number of recent analyst reports. UBS Group raised their price objective on shares of 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 initiated coverage on Comfort Systems USA in a report on Friday, November 15th. They issued a “buy” rating and a $524.00 price target for the company. StockNews.com lowered Comfort Systems USA from a “buy” rating to a “hold” rating in a report on Thursday, January 9th. Finally, Northcoast Research started coverage on Comfort Systems USA in a report on Friday, November 22nd. They issued a “buy” rating and a $525.00 target price for the company. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Comfort Systems USA presently has a consensus rating of “Moderate Buy” and an average target price of $493.50.

About Comfort Systems USA

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.