Parkside Financial Bank & Trust Has $82,000 Stock Position in Comfort Systems USA, Inc. (NYSE:FIX)

Parkside Financial Bank & Trust reduced its position in Comfort Systems USA, Inc. (NYSE:FIX) by 20.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 400 shares of the construction company’s stock after selling 100 shares during the period. Parkside Financial Bank & Trust’s holdings in Comfort Systems USA were worth $82,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of FIX. Baillie Gifford & Co. acquired a new stake in Comfort Systems USA in the 3rd quarter valued at about $202,433,000. FMR LLC lifted its position in Comfort Systems USA by 61.0% during the third quarter. FMR LLC now owns 570,778 shares of the construction company’s stock worth $97,266,000 after acquiring an additional 216,200 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Comfort Systems USA by 30.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 476,756 shares of the construction company’s stock worth $81,244,000 after acquiring an additional 112,185 shares during the last quarter. Redwood Investments LLC acquired a new stake in Comfort Systems USA during the third quarter worth approximately $13,801,000. Finally, Mitsubishi UFJ Trust & Banking Corp acquired a new stake in Comfort Systems USA during the third quarter worth approximately $11,729,000. 96.51% of the stock is currently owned by institutional investors and hedge funds.

Comfort Systems USA Stock Up 1.0 %

NYSE FIX opened at $311.65 on Friday. The company has a current ratio of 1.11, a quick ratio of 1.07 and a debt-to-equity ratio of 0.03. Comfort Systems USA, Inc. has a 1-year low of $129.77 and a 1-year high of $335.25. The company has a 50 day moving average of $302.17 and a 200-day moving average of $233.51. The company has a market cap of $11.12 billion, a price-to-earnings ratio of 34.63 and a beta of 1.19.

Comfort Systems USA (NYSE:FIX) last released its quarterly earnings results on Friday, February 23rd. The construction company reported $2.55 earnings per share for the quarter, beating analysts’ consensus estimates of $2.15 by $0.40. Comfort Systems USA had a net margin of 6.21% and a return on equity of 26.99%. The company had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same period in the previous year, the business earned $1.54 earnings per share. The firm’s quarterly revenue was up 21.5% on a year-over-year basis. On average, equities research analysts expect that Comfort Systems USA, Inc. will post 11.42 earnings per share for the current fiscal year.

Comfort Systems USA Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 19th. Shareholders of record on Friday, March 8th were paid a dividend of $0.25 per share. The ex-dividend date was Thursday, March 7th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.32%. Comfort Systems USA’s payout ratio is presently 11.11%.

Insiders Place Their Bets

In other Comfort Systems USA news, Director Constance Ellen Skidmore sold 3,000 shares of the business’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $299.96, for a total transaction of $899,880.00. Following the sale, the director now owns 13,787 shares of the company’s stock, valued at $4,135,548.52. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, insider Brian E. Lane sold 16,000 shares of the business’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $312.13, for a total value of $4,994,080.00. Following the sale, the insider now owns 227,926 shares of the company’s stock, valued at $71,142,542.38. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Constance Ellen Skidmore sold 3,000 shares of the business’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of $299.96, for a total transaction of $899,880.00. Following the completion of the sale, the director now directly owns 13,787 shares in the company, valued at approximately $4,135,548.52. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 46,614 shares of company stock valued at $13,739,345. 1.80% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several brokerages have issued reports on FIX. StockNews.com upgraded shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Thursday, April 4th. UBS Group raised their price objective on shares of Comfort Systems USA from $208.00 to $254.00 and gave the stock a “neutral” rating in a research report on Thursday, February 15th. DA Davidson raised their price objective on shares of Comfort Systems USA from $200.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, February 28th. Finally, KeyCorp began coverage on shares of Comfort Systems USA in a research report on Wednesday, January 10th. They issued a “sector weight” rating for the company.

Comfort Systems USA Company Profile

Comfort Systems USA, Inc, together with its subsidiaries, provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. It operates through two segments, Mechanical and Electrical. The company offers heating, ventilation, and air conditioning systems, as well as plumbing, electrical, piping and controls, off-site construction, monitoring, and fire protection.