Comfort Systems USA, Inc. (FIX) Shares Sold by Westwood Holdings Group Inc.

Westwood Holdings Group Inc. decreased its position in Comfort Systems USA, Inc. (NYSE:FIX) by 4.4% during the first quarter, Holdings Channel reports. The fund owned 391,939 shares of the construction company’s stock after selling 18,078 shares during the period. Westwood Holdings Group Inc.’s holdings in Comfort Systems USA were worth $14,365,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the company. Advisors Preferred LLC purchased a new position in Comfort Systems USA during the first quarter worth approximately $106,000. Ameritas Investment Partners Inc. bought a new position in shares of Comfort Systems USA during the first quarter worth approximately $117,000. RE Advisers Corp bought a new position in shares of Comfort Systems USA during the first quarter worth approximately $135,000. State of Alaska Department of Revenue increased its position in shares of Comfort Systems USA by 2.2% in the first quarter. State of Alaska Department of Revenue now owns 4,110 shares of the construction company’s stock worth $150,000 after buying an additional 90 shares during the last quarter. Finally, Capstone Investment Advisors LLC bought a new position in shares of Comfort Systems USA during the fourth quarter worth approximately $201,000. 94.47% of the stock is currently owned by institutional investors and hedge funds.

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

Comfort Systems USA, Inc. (FIX) traded up 0.43% during midday trading on Thursday, hitting $35.10. The stock had a trading volume of 122,048 shares. The stock’s 50 day moving average price is $35.20 and its 200-day moving average price is $34.91. The company has a market cap of $1.31 billion, a PE ratio of 21.13 and a beta of 1.32. Comfort Systems USA, Inc. has a 52 week low of $26.05 and a 52 week high of $39.67.

Comfort Systems USA (NYSE:FIX) last issued its quarterly earnings data on Wednesday, April 26th. The construction company reported $0.20 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.25 by $0.05. The firm had revenue of $380.60 million for the quarter, compared to the consensus estimate of $405.43 million. Comfort Systems USA had a return on equity of 16.94% and a net margin of 3.84%. Comfort Systems USA’s quarterly revenue was down 1.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.26 earnings per share. Equities research analysts predict that Comfort Systems USA, Inc. will post $1.82 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 23rd. Shareholders of record on Friday, May 12th were paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 0.86%. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.07. The ex-dividend date of this dividend was Wednesday, May 10th. Comfort Systems USA’s dividend payout ratio is currently 18.07%.

WARNING: This article was originally published by Mideast Time and is owned by of Mideast Time. If you are reading this article on another publication, it was copied illegally and reposted in violation of United States & international copyright and trademark legislation. The legal version of this article can be viewed at https://www.mideasttime.com/comfort-systems-usa-inc-fix-shares-sold-by-westwood-holdings-group-inc/1803046.html.

A number of brokerages have commented on FIX. Guggenheim began coverage on Comfort Systems USA in a research note on Tuesday, April 11th. They issued a “buy” rating for the company. Jefferies Group LLC lifted their price target on Comfort Systems USA from $80.00 to $83.00 and gave the company a “hold” rating in a report on Wednesday, May 3rd. Zacks Investment Research cut Comfort Systems USA from a “buy” rating to a “hold” rating in a report on Monday, May 1st. Finally, DA Davidson reaffirmed a “neutral” rating on shares of Comfort Systems USA in a report on Monday, February 27th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Buy” and an average price target of $54.00.

In other news, Director Alan Krusi sold 3,000 shares of the stock in a transaction that occurred on Thursday, April 27th. The shares were sold at an average price of $36.22, for a total transaction of $108,660.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO William George III sold 28,396 shares of the stock in a transaction that occurred on Tuesday, May 2nd. The shares were sold at an average price of $36.54, for a total transaction of $1,037,589.84. Following the sale, the chief financial officer now directly owns 50,062 shares in the company, valued at $1,829,265.48. The disclosure for this sale can be found here. 3.49% of the stock is currently owned by corporate insiders.

About Comfort Systems USA

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. As of December 31, 2016, the Company installed, maintained, repaired and replaced products and systems throughout its 35 operating units in 84 cities and 91 locations throughout the United States.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “FIX”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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).

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



Leave a Reply

 
© 2006-2017 Mideast Time.