Neumeier Poma Investment Counsel LLC Purchases 833 Shares of Comfort Systems USA, Inc. $FIX

Neumeier Poma Investment Counsel LLC grew its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 1.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 59,070 shares of the construction company’s stock after buying an additional 833 shares during the period. Comfort Systems USA accounts for approximately 3.0% of Neumeier Poma Investment Counsel LLC’s holdings, making the stock its 15th biggest position. Neumeier Poma Investment Counsel LLC owned 0.17% of Comfort Systems USA worth $31,674,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Kingsview Wealth Management LLC increased its stake in shares of Comfort Systems USA by 76.1% during the first quarter. Kingsview Wealth Management LLC now owns 1,111 shares of the construction company’s stock valued at $358,000 after purchasing an additional 480 shares in the last quarter. Private Advisor Group LLC increased its position in Comfort Systems USA by 47.3% during the 1st quarter. Private Advisor Group LLC now owns 866 shares of the construction company’s stock valued at $279,000 after buying an additional 278 shares in the last quarter. IFP Advisors Inc increased its position in Comfort Systems USA by 157.1% during the 1st quarter. IFP Advisors Inc now owns 437 shares of the construction company’s stock valued at $141,000 after buying an additional 267 shares in the last quarter. Gallacher Capital Management LLC raised its stake in Comfort Systems USA by 33.1% during the first quarter. Gallacher Capital Management LLC now owns 1,138 shares of the construction company’s stock valued at $367,000 after buying an additional 283 shares during the last quarter. Finally, Allianz Asset Management GmbH boosted its holdings in Comfort Systems USA by 73.9% in the first quarter. Allianz Asset Management GmbH now owns 91,665 shares of the construction company’s stock worth $29,546,000 after acquiring an additional 38,940 shares in the last quarter. 96.51% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

FIX has been the subject of several analyst reports. Zacks Research upgraded Comfort Systems USA from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 28th. Stifel Nicolaus set a $1,069.00 price objective on shares of Comfort Systems USA in a research note on Friday, October 24th. Wall Street Zen raised shares of Comfort Systems USA from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 25th. Northcoast Research cut shares of Comfort Systems USA from a “buy” rating to a “neutral” rating in a report on Monday, July 28th. Finally, DA Davidson set a $810.00 price objective on shares of Comfort Systems USA in a report on Friday, October 24th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $819.20.

Insiders Place Their Bets

In other news, Director Darcy Anderson sold 4,000 shares of the stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $958.72, for a total value of $3,834,880.00. Following the transaction, the director owned 22,535 shares in the company, valued at $21,604,755.20. This represents a 15.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director William J. Sandbrook sold 800 shares of the business’s stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $733.56, for a total transaction of $586,848.00. Following the sale, the director owned 11,666 shares of the company’s stock, valued at $8,557,710.96. This trade represents a 6.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 16,078 shares of company stock valued at $15,242,037. 1.59% of the stock is currently owned by company insiders.

Comfort Systems USA Stock Up 0.0%

Shares of Comfort Systems USA stock opened at $919.94 on Wednesday. Comfort Systems USA, Inc. has a twelve month low of $276.44 and a twelve month high of $1,020.26. The company has a quick ratio of 1.20, a current ratio of 1.22 and a debt-to-equity ratio of 0.06. The company’s 50 day moving average is $863.37 and its 200 day moving average is $674.50. The company has a market cap of $32.45 billion, a price-to-earnings ratio of 38.95 and a beta of 1.55.

Comfort Systems USA (NYSE:FIX) last announced its earnings results on Monday, August 15th. The construction company reported $0.90 earnings per share for the quarter. The business had revenue of $713.90 million during the quarter. Comfort Systems USA had a net margin of 10.06% and a return on equity of 43.59%. Research analysts anticipate that Comfort Systems USA, Inc. will post 16.85 EPS for the current year.

Comfort Systems USA Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 24th. Shareholders of record on Thursday, November 13th will be issued a $0.60 dividend. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.50. This represents a $2.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Thursday, November 13th. Comfort Systems USA’s dividend payout ratio is currently 10.16%.

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.