Prudential Financial Inc. trimmed its position in Comfort Systems USA, Inc. (NYSE:FIX) by 31.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 66,784 shares of the construction company’s stock after selling 30,570 shares during the period. Prudential Financial Inc. owned 0.18% of Comfort Systems USA worth $2,384,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in FIX. Public Employees Retirement System of Ohio raised its position in shares of Comfort Systems USA by 6.8% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 2,715 shares of the construction company’s stock valued at $101,000 after buying an additional 173 shares in the last quarter. Riverhead Capital Management LLC raised its position in shares of Comfort Systems USA by 85.2% during the 2nd quarter. Riverhead Capital Management LLC now owns 2,963 shares of the construction company’s stock valued at $110,000 after buying an additional 1,363 shares in the last quarter. Advisor Group Inc. raised its position in shares of Comfort Systems USA by 27.2% during the 2nd quarter. Advisor Group Inc. now owns 3,304 shares of the construction company’s stock valued at $122,000 after buying an additional 706 shares in the last quarter. Victory Capital Management Inc. raised its position in shares of Comfort Systems USA by 11.5% during the 2nd quarter. Victory Capital Management Inc. now owns 5,257 shares of the construction company’s stock valued at $195,000 after buying an additional 542 shares in the last quarter. Finally, Biltmore Wealth Management LLC purchased a new stake in shares of Comfort Systems USA during the 2nd quarter valued at $209,000. 92.24% of the stock is owned by hedge funds and other institutional investors.

Several analysts have recently weighed in on FIX shares. Gilford Securities cut shares of Comfort Systems USA from a “buy” rating to a “neutral” rating in a research report on Friday, November 10th. Zacks Investment Research upgraded shares of Comfort Systems USA from a “sell” rating to a “hold” rating in a research report on Wednesday, September 27th. DA Davidson raised their price objective on shares of Comfort Systems USA to $43.00 and gave the company a “neutral” rating in a research report on Monday, October 30th. Finally, Guggenheim cut shares of Comfort Systems USA from a “buy” rating to a “neutral” rating in a research report on Friday, November 10th. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $63.00.

In related news, Director Alan Krusi sold 2,000 shares of Comfort Systems USA stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $43.24, for a total value of $86,480.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Chairman Franklin Myers bought 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 14th. The stock was acquired at an average price of $40.23 per share, for a total transaction of $120,690.00. Following the transaction, the chairman now owns 208,000 shares in the company, valued at $8,367,840. The disclosure for this purchase can be found here. In the last quarter, insiders sold 70,473 shares of company stock worth $2,986,454. 3.48% of the stock is owned by corporate insiders.

Comfort Systems USA, Inc. (NYSE FIX) opened at $43.25 on Tuesday. The company has a market cap of $1,580.06, a price-to-earnings ratio of 24.74, a P/E/G ratio of 2.38 and a beta of 1.27. Comfort Systems USA, Inc. has a 52-week low of $31.90 and a 52-week high of $44.67. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.33 and a quick ratio of 1.30.

Comfort Systems USA (NYSE:FIX) last issued its earnings results on Thursday, October 26th. The construction company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.02. The company had revenue of $480.85 million for the quarter, compared to analysts’ expectations of $469.53 million. Comfort Systems USA had a net margin of 3.76% and a return on equity of 16.49%. The firm’s revenue was up 12.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.54 EPS. analysts forecast that Comfort Systems USA, Inc. will post 1.78 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 21st. Investors of record on Friday, November 10th were given a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date of this dividend was Thursday, November 9th. Comfort Systems USA’s payout ratio is presently 17.44%.

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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. 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.

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

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