Osaic Holdings Inc. Has $4.47 Million Stake in Comfort Systems USA, Inc. $FIX

Osaic Holdings Inc. trimmed its stake in Comfort Systems USA, Inc. (NYSE:FIX) by 7.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,373 shares of the construction company’s stock after selling 722 shares during the period. Osaic Holdings Inc.’s holdings in Comfort Systems USA were worth $4,468,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of FIX. Archer Investment Corp boosted its stake in shares of Comfort Systems USA by 8.0% in the 2nd quarter. Archer Investment Corp now owns 270 shares of the construction company’s stock valued at $145,000 after purchasing an additional 20 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in Comfort Systems USA by 12.4% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 199 shares of the construction company’s stock valued at $107,000 after buying an additional 22 shares in the last quarter. Transce3nd LLC grew its stake in Comfort Systems USA by 12.9% during the second quarter. Transce3nd LLC now owns 192 shares of the construction company’s stock worth $104,000 after buying an additional 22 shares during the last quarter. Optimum Investment Advisors increased its holdings in shares of Comfort Systems USA by 0.8% during the second quarter. Optimum Investment Advisors now owns 2,988 shares of the construction company’s stock worth $1,602,000 after buying an additional 25 shares in the last quarter. Finally, Tradewinds Capital Management LLC increased its holdings in shares of Comfort Systems USA by 37.8% during the second quarter. Tradewinds Capital Management LLC now owns 113 shares of the construction company’s stock worth $61,000 after buying an additional 31 shares in the last quarter. 96.51% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

FIX has been the topic of several recent analyst reports. DA Davidson reissued a “buy” rating and issued a $1,200.00 target price on shares of Comfort Systems USA in a report on Friday, December 19th. William Blair initiated coverage on Comfort Systems USA in a report on Thursday, September 11th. They set an “outperform” rating on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Comfort Systems USA in a research note on Wednesday, October 8th. Wall Street Zen upgraded shares of Comfort Systems USA from a “buy” rating to a “strong-buy” rating in a research report on Saturday, December 13th. Finally, UBS Group increased their price objective on shares of Comfort Systems USA from $875.00 to $1,140.00 and gave the stock a “buy” rating in a report on Monday, October 27th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $1,011.75.

Comfort Systems USA Trading Down 1.0%

FIX stock opened at $956.08 on Thursday. The company has a quick ratio of 1.20, a current ratio of 1.22 and a debt-to-equity ratio of 0.06. Comfort Systems USA, Inc. has a twelve month low of $276.44 and a twelve month high of $1,036.67. The company has a market cap of $33.72 billion, a P/E ratio of 40.48 and a beta of 1.64. The business has a fifty day moving average of $941.87 and a 200-day moving average of $761.92.

Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings data on Monday, August 15th. The construction company reported $0.90 EPS for the quarter. The firm had revenue of $713.90 million during the quarter. Comfort Systems USA had a return on equity of 43.59% and a net margin of 10.06%. As a group, equities research analysts expect that Comfort Systems USA, Inc. will post 16.85 EPS for the current year.

Comfort Systems USA Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 24th. Stockholders of record on Thursday, November 13th were given a dividend of $0.60 per share. The ex-dividend date was Thursday, November 13th. This represents a $2.40 annualized dividend and a dividend yield of 0.3%. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.50. Comfort Systems USA’s dividend payout ratio is presently 10.16%.

Insider Buying and Selling at Comfort Systems USA

In other Comfort Systems USA news, Director Darcy Anderson sold 4,000 shares of Comfort Systems USA stock in a transaction on Friday, October 31st. The shares were sold at an average price of $958.72, for a total transaction of $3,834,880.00. Following the completion of the sale, the director owned 22,535 shares of the company’s stock, valued at approximately $21,604,755.20. The trade was a 15.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO William George III sold 4,370 shares of the stock in a transaction on Monday, December 1st. The shares were sold at an average price of $958.88, for a total value of $4,190,305.60. Following the completion of the transaction, the chief financial officer directly owned 39,824 shares in the company, valued at approximately $38,186,437.12. This trade represents a 9.89% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 26,028 shares of company stock valued at $25,381,151 over the last 90 days. Company insiders own 1.59% of the company’s stock.

Comfort Systems USA Company Profile

Comfort Systems USA, Inc is a U.S.-based mechanical contracting company that provides a range of heating, ventilation and air conditioning (HVAC) services to commercial, industrial and institutional customers. The company focuses on the design, installation, maintenance and repair of HVAC systems, and it supports projects from initial engineering and system selection through long-term service agreements and upgrades.

Its service offerings include new construction and retrofit installations, preventive and corrective maintenance, emergency repair, energy management and building automation systems.