Bridge City Capital LLC Increases Stake in Comfort Systems USA, Inc. (NYSE:FIX)

Share on StockTwits

Bridge City Capital LLC increased its holdings in Comfort Systems USA, Inc. (NYSE:FIX) by 56.9% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 76,848 shares of the construction company’s stock after purchasing an additional 27,855 shares during the period. Comfort Systems USA makes up about 1.5% of Bridge City Capital LLC’s holdings, making the stock its 18th biggest holding. Bridge City Capital LLC owned approximately 0.21% of Comfort Systems USA worth $3,399,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Virginia Retirement Systems ET AL increased its stake in Comfort Systems USA by 15.5% during the 3rd quarter. Virginia Retirement Systems ET AL now owns 44,800 shares of the construction company’s stock valued at $1,982,000 after purchasing an additional 6,000 shares in the last quarter. Brinker Capital Inc. increased its stake in Comfort Systems USA by 31.8% during the 3rd quarter. Brinker Capital Inc. now owns 19,136 shares of the construction company’s stock valued at $846,000 after purchasing an additional 4,620 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in Comfort Systems USA by 2.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 56,139 shares of the construction company’s stock valued at $2,483,000 after purchasing an additional 1,510 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in Comfort Systems USA by 298.0% during the 3rd quarter. Assenagon Asset Management S.A. now owns 107,570 shares of the construction company’s stock valued at $4,758,000 after purchasing an additional 80,540 shares in the last quarter. Finally, Pacer Advisors Inc. increased its stake in Comfort Systems USA by 17.2% during the 3rd quarter. Pacer Advisors Inc. now owns 10,438 shares of the construction company’s stock valued at $462,000 after purchasing an additional 1,533 shares in the last quarter. 91.10% of the stock is owned by institutional investors.

In related news, CFO William George III purchased 1,000 shares of Comfort Systems USA stock in a transaction dated Thursday, September 12th. The stock was purchased at an average cost of $40.59 per share, for a total transaction of $40,590.00. Following the completion of the purchase, the chief financial officer now directly owns 57,462 shares of the company’s stock, valued at approximately $2,332,382.58. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Chairman Franklin Myers purchased 5,500 shares of Comfort Systems USA stock in a transaction dated Thursday, August 1st. The stock was bought at an average price of $41.89 per share, with a total value of $230,395.00. Following the completion of the purchase, the chairman now directly owns 250,000 shares of the company’s stock, valued at $10,472,500. The disclosure for this purchase can be found here. Insiders bought 15,500 shares of company stock valued at $623,570 over the last quarter. Company insiders own 3.23% of the company’s stock.

FIX has been the subject of a number of analyst reports. Zacks Investment Research upgraded shares of Comfort Systems USA from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. ValuEngine upgraded shares of Comfort Systems USA from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Finally, DA Davidson upgraded shares of Comfort Systems USA from a “neutral” rating to a “buy” rating and reduced their price objective for the company from $57.00 to $52.00 in a research note on Monday, July 29th.

NYSE:FIX opened at $46.11 on Wednesday. The firm has a market cap of $1.67 billion, a P/E ratio of 15.83, a P/E/G ratio of 1.69 and a beta of 1.35. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.35 and a current ratio of 1.38. Comfort Systems USA, Inc. has a fifty-two week low of $36.27 and a fifty-two week high of $59.83. The firm has a 50-day simple moving average of $42.45 and a two-hundred day simple moving average of $47.00.

Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings results on Thursday, July 25th. The construction company reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.21). Comfort Systems USA had a return on equity of 21.15% and a net margin of 4.54%. The company had revenue of $650.30 million during the quarter, compared to the consensus estimate of $676.49 million. During the same quarter in the prior year, the firm earned $0.79 earnings per share. The business’s revenue was up 21.6% compared to the same quarter last year. On average, equities research analysts predict that Comfort Systems USA, Inc. will post 2.69 EPS for the current year.

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.

Featured Article: Earnings Per Share

Want to see what other hedge funds are holding FIX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Comfort Systems USA, Inc. (NYSE:FIX).

Institutional Ownership by Quarter for Comfort Systems USA (NYSE:FIX)

Receive News & Ratings for Comfort Systems USA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Comfort Systems USA and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Huobi Token  Trading Down 4.4% Over Last Week
Huobi Token Trading Down 4.4% Over Last Week
Artfinity Price Tops $0.0260
Artfinity Price Tops $0.0260
Eqis Capital Management Inc. Has $743,000 Holdings in Plantronics Inc
Eqis Capital Management Inc. Has $743,000 Holdings in Plantronics Inc
AAC TECHNOLOGIE/ADR  Lowered to Sell at Goldman Sachs Group
AAC TECHNOLOGIE/ADR Lowered to Sell at Goldman Sachs Group
Encore Capital Group  Receives Reduce Rating from Keefe, Bruyette & Woods
Encore Capital Group Receives Reduce Rating from Keefe, Bruyette & Woods
Redline Communications Group  Downgraded to Hold at Echelon Wealth Partners
Redline Communications Group Downgraded to Hold at Echelon Wealth Partners


 
© 2006-2019 Zolmax.