BlackRock Advisors LLC increased its position in shares of Comfort Systems USA Inc. (NYSE:FIX) by 0.0% during the second quarter, Holdings Channel reports. The firm owned 257,455 shares of the company’s stock after buying an additional 36 shares during the period. BlackRock Advisors LLC owned about 0.69% of Comfort Systems USA worth $8,385,000 as of its most recent filing with the SEC.
A number of other large investors also recently made changes to their positions in FIX. Hancock Holding Co. raised its position in Comfort Systems USA by 8.9% in the first quarter. Hancock Holding Co. now owns 396,640 shares of the company’s stock worth $12,601,000 after buying an additional 32,320 shares during the period. Friess Associates LLC acquired a new position in Comfort Systems USA during the first quarter worth $8,262,000. UBS Group AG raised its position in Comfort Systems USA by 44.6% in the first quarter. UBS Group AG now owns 42,947 shares of the company’s stock worth $1,364,000 after buying an additional 13,247 shares during the period. State Street Corp raised its position in Comfort Systems USA by 3.6% in the first quarter. State Street Corp now owns 826,197 shares of the company’s stock worth $26,252,000 after buying an additional 28,868 shares during the period. Finally, Miles Capital Inc. acquired a new position in Comfort Systems USA during the first quarter worth $267,000. 97.38% of the stock is owned by institutional investors and hedge funds.
Comfort Systems USA Inc. (NYSE:FIX) opened at 28.09 on Wednesday. The stock has a market capitalization of $1.05 billion, a price-to-earnings ratio of 18.25 and a beta of 1.57. The firm’s 50-day moving average is $28.81 and its 200 day moving average is $30.74. Comfort Systems USA Inc. has a 1-year low of $24.22 and a 1-year high of $35.00.
Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings results on Friday, July 29th. The company reported $0.47 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.04. Comfort Systems USA had a return on equity of 16.53% and a net margin of 3.63%. The company earned $427.50 million during the quarter, compared to the consensus estimate of $447.05 million. During the same period in the previous year, the company posted $0.35 earnings per share. Comfort Systems USA’s revenue for the quarter was up 2.6% on a year-over-year basis. Equities analysts anticipate that Comfort Systems USA Inc. will post $1.72 EPS for the current fiscal year.
A number of research analysts recently weighed in on FIX shares. Sidoti lowered shares of Comfort Systems USA from a “buy” rating to a “neutral” rating and set a $36.00 target price for the company. in a report on Tuesday, July 12th. Zacks Investment Research lowered shares of Comfort Systems USA from a “buy” rating to a “hold” rating in a report on Wednesday, June 29th.
In other news, Director Alfred J. Giardenelli, Jr. sold 7,000 shares of the company’s stock in a transaction that occurred on Monday, September 12th. The stock was sold at an average price of $27.34, for a total transaction of $191,380.00. Following the completion of the transaction, the director now directly owns 23,516 shares of the company’s stock, valued at approximately $642,927.44. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Alan Krusi sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, August 1st. The stock was sold at an average price of $30.13, for a total value of $90,390.00. The disclosure for this sale can be found here. 3.49% of the stock is owned by company insiders.
Comfort Systems USA Company Profile
Comfort Systems USA, Inc is a provider of mechanical contracting services, which principally includes heating, ventilation and air conditioning (HVAC), plumbing, piping and controls, as well as off-site construction, electrical, monitoring and fire protection. It installs, maintains and repairs products and systems throughout its approximately 35 operating units in 81 cities and 89 locations throughout the United States.
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