Mezzasalma Advisors LLC Has $1.56 Million Holdings in Comfort Systems USA, Inc. $FIX

Mezzasalma Advisors LLC increased its position in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 55.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,557 shares of the construction company’s stock after buying an additional 558 shares during the period. Mezzasalma Advisors LLC’s holdings in Comfort Systems USA were worth $1,563,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the company. NewEdge Advisors LLC raised its stake in shares of Comfort Systems USA by 41.1% in the 1st quarter. NewEdge Advisors LLC now owns 3,412 shares of the construction company’s stock valued at $1,100,000 after buying an additional 993 shares in the last quarter. Focus Partners Wealth boosted its position in shares of Comfort Systems USA by 110.6% during the 1st quarter. Focus Partners Wealth now owns 2,300 shares of the construction company’s stock valued at $741,000 after acquiring an additional 1,208 shares in the last quarter. Sivia Capital Partners LLC increased its stake in Comfort Systems USA by 40.9% in the second quarter. Sivia Capital Partners LLC now owns 1,079 shares of the construction company’s stock valued at $579,000 after acquiring an additional 313 shares during the period. EverSource Wealth Advisors LLC raised its position in Comfort Systems USA by 811.9% in the second quarter. EverSource Wealth Advisors LLC now owns 921 shares of the construction company’s stock worth $494,000 after purchasing an additional 820 shares in the last quarter. Finally, Baird Financial Group Inc. raised its position in Comfort Systems USA by 95.5% in the second quarter. Baird Financial Group Inc. now owns 11,026 shares of the construction company’s stock worth $5,912,000 after purchasing an additional 5,386 shares in the last quarter. 96.51% of the stock is currently owned by institutional investors and hedge funds.

Comfort Systems USA Trading Down 0.0%

FIX opened at $1,416.96 on Monday. The company has a current ratio of 1.21, a quick ratio of 1.19 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $49.83 billion, a PE ratio of 49.03 and a beta of 1.60. Comfort Systems USA, Inc. has a 1-year low of $276.44 and a 1-year high of $1,500.00. The firm has a 50-day moving average price of $1,340.54 and a two-hundred day moving average price of $1,079.49.

Comfort Systems USA (NYSE:FIX) last announced its earnings results on Thursday, February 19th. The construction company reported $9.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.75 by $2.62. Comfort Systems USA had a net margin of 11.23% and a return on equity of 48.52%. The company had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same period in the prior year, the business earned $4.09 earnings per share. Comfort Systems USA’s quarterly revenue was up 41.7% on a year-over-year basis. As a group, equities analysts anticipate that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current fiscal year.

Comfort Systems USA Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Friday, March 6th were issued a dividend of $0.70 per share. The ex-dividend date of this dividend was Friday, March 6th. This represents a $2.80 annualized dividend and a yield of 0.2%. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.60. Comfort Systems USA’s dividend payout ratio (DPR) is currently 9.69%.

Wall Street Analyst Weigh In

FIX has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Comfort Systems USA in a report on Wednesday, January 21st. DA Davidson raised their target price on Comfort Systems USA from $1,200.00 to $1,800.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. UBS Group reaffirmed a “buy” rating and issued a $1,310.00 price target on shares of Comfort Systems USA in a research note on Monday, February 2nd. Wall Street Zen cut Comfort Systems USA from a “strong-buy” rating to a “buy” rating in a research report on Saturday, January 3rd. Finally, Stifel Nicolaus set a $1,611.00 price objective on Comfort Systems USA in a research note on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Comfort Systems USA currently has an average rating of “Buy” and an average target price of $1,573.67.

Insider Activity

In other Comfort Systems USA news, Director Franklin Myers sold 8,636 shares of the stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $1,472.56, for a total value of $12,717,028.16. Following the transaction, the director directly owned 73,995 shares in the company, valued at approximately $108,962,077.20. This trade represents a 10.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Darcy Anderson sold 4,500 shares of Comfort Systems USA stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $1,369.74, for a total value of $6,163,830.00. Following the completion of the sale, the director directly owned 18,035 shares of the company’s stock, valued at $24,703,260.90. This trade represents a 19.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 37,288 shares of company stock worth $53,677,038. 1.59% of the stock is owned by company insiders.

Comfort Systems USA 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.