Great West Life Assurance Co. Can Increases Stake in Comfort Systems USA, Inc. (NYSE:FIX)

Great West Life Assurance Co. Can boosted its stake in Comfort Systems USA, Inc. (NYSE:FIX) by 2.2% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 50,879 shares of the construction company’s stock after purchasing an additional 1,096 shares during the quarter. Great West Life Assurance Co. Can owned about 0.14% of Comfort Systems USA worth $2,665,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Enlightenment Research LLC purchased a new stake in shares of Comfort Systems USA in the 4th quarter worth approximately $31,000. Cutler Group LP lifted its position in shares of Comfort Systems USA by 45.0% in the 4th quarter. Cutler Group LP now owns 966 shares of the construction company’s stock worth $42,000 after purchasing an additional 300 shares during the period. Quadrant Capital Group LLC lifted its position in shares of Comfort Systems USA by 2,054.9% in the 1st quarter. Quadrant Capital Group LLC now owns 1,099 shares of the construction company’s stock worth $56,000 after purchasing an additional 1,048 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Comfort Systems USA by 23.4% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,574 shares of the construction company’s stock worth $112,000 after purchasing an additional 488 shares during the period. Finally, Brasada Capital Management LP purchased a new stake in shares of Comfort Systems USA in the 4th quarter worth approximately $131,000. Institutional investors and hedge funds own 91.98% of the company’s stock.

A number of equities research analysts recently commented on the stock. Zacks Investment Research raised shares of Comfort Systems USA from a “hold” rating to a “buy” rating and set a $59.00 target price for the company in a research report on Tuesday, April 30th. Sidoti cut shares of Comfort Systems USA from a “buy” rating to a “neutral” rating and set a $57.00 target price for the company. in a research report on Tuesday, March 12th.

Comfort Systems USA stock traded up $0.36 during mid-day trading on Friday, reaching $50.99. 430,500 shares of the company traded hands, compared to its average volume of 229,139. The company has a quick ratio of 1.33, a current ratio of 1.36 and a debt-to-equity ratio of 0.14. Comfort Systems USA, Inc. has a fifty-two week low of $41.14 and a fifty-two week high of $59.83. The firm has a market capitalization of $1.85 billion, a P/E ratio of 17.00, a price-to-earnings-growth ratio of 1.50 and a beta of 1.37. The company has a fifty day moving average price of $49.16.

Comfort Systems USA (NYSE:FIX) last issued its quarterly earnings results on Thursday, April 25th. The construction company reported $0.53 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.55 by ($0.02). The company had revenue of $538.47 million for the quarter, compared to analyst estimates of $538.80 million. Comfort Systems USA had a net margin of 5.15% and a return on equity of 23.00%. The company’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.44 EPS. Research analysts anticipate that Comfort Systems USA, Inc. will post 3.34 EPS for the current year.

In related news, Director Alan Krusi sold 2,000 shares of the firm’s stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $53.49, for a total transaction of $106,980.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Chairman Franklin Myers purchased 4,500 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The shares were purchased at an average price of $53.61 per share, for a total transaction of $241,245.00. Following the transaction, the chairman now owns 239,500 shares of the company’s stock, valued at approximately $12,839,595. The disclosure for this purchase can be found here. Insiders bought 7,238 shares of company stock worth $376,569 in the last quarter. Company insiders own 3.23% of the company’s stock.

Comfort Systems USA Profile

Comfort Systems USA, Inc provides mechanical installation, renovation, maintenance, repair, and replacement services for the mechanical services industry in the United States. It is involved in the design, engineering, integration, installation, and start-up of mechanical and related systems; and maintenance, repair, replacement, renovation, expansion, reconfiguration, and monitoring of mechanical systems, including heating, ventilation, and air conditioning (HVAC) systems, as well as plumbing, piping and controls, off-site construction, electrical, monitoring, and fire protection.

Read More: Blue-Chip Stocks

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

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