ExodusPoint Capital Management LP Takes Position in Comfort Systems USA, Inc. (NYSE:FIX)

ExodusPoint Capital Management LP acquired a new position in Comfort Systems USA, Inc. (NYSE:FIX - Get Rating) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 43,251 shares of the construction company's stock, valued at approximately $4,977,000. ExodusPoint Capital Management LP owned approximately 0.12% of Comfort Systems USA as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of FIX. Benjamin Edwards Inc. bought a new stake in shares of Comfort Systems USA in the fourth quarter worth $30,000. Ronald Blue Trust Inc. grew its stake in shares of Comfort Systems USA by 64.0% during the 4th quarter. Ronald Blue Trust Inc. now owns 387 shares of the construction company's stock valued at $38,000 after purchasing an additional 151 shares during the period. Brown Brothers Harriman & Co. grew its stake in shares of Comfort Systems USA by 2,814.3% during the 1st quarter. Brown Brothers Harriman & Co. now owns 408 shares of the construction company's stock valued at $36,000 after purchasing an additional 394 shares during the period. Quadrant Capital Group LLC lifted its stake in shares of Comfort Systems USA by 190.0% in the 3rd quarter. Quadrant Capital Group LLC now owns 435 shares of the construction company's stock worth $42,000 after purchasing an additional 285 shares during the period. Finally, Signaturefd LLC lifted its stake in shares of Comfort Systems USA by 34.7% in the 3rd quarter. Signaturefd LLC now owns 474 shares of the construction company's stock worth $46,000 after purchasing an additional 122 shares during the period. Hedge funds and other institutional investors own 94.26% of the company's stock.

Shares of FIX stock opened at $152.28 on Tuesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.04 and a quick ratio of 1.01. Comfort Systems USA, Inc. has a one year low of $74.14 and a one year high of $156.19. The company's fifty day moving average price is $143.52 and its 200-day moving average price is $132.16. The company has a market capitalization of $5.45 billion, a price-to-earnings ratio of 25.34 and a beta of 1.21.

Comfort Systems USA (NYSE:FIX - Get Rating) last posted its quarterly earnings results on Wednesday, April 26th. The construction company reported $1.51 EPS for the quarter, beating analysts' consensus estimates of $1.07 by $0.44. The business had revenue of $1.17 billion for the quarter, compared to analysts' expectations of $1.10 billion. Comfort Systems USA had a return on equity of 21.72% and a net margin of 4.89%. The business's quarterly revenue was up 32.7% on a year-over-year basis. During the same period last year, the firm earned $0.91 earnings per share. Sell-side analysts expect that Comfort Systems USA, Inc. will post 6.79 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Monday, May 29th. Investors of record on Thursday, May 18th were issued a $0.20 dividend. The ex-dividend date of this dividend was Wednesday, May 17th. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.18. This represents a $0.80 dividend on an annualized basis and a yield of 0.53%. Comfort Systems USA's payout ratio is currently 13.31%.

In other news, Director Constance Ellen Skidmore sold 3,000 shares of the firm's stock in a transaction dated Friday, March 10th. The stock was sold at an average price of $143.03, for a total transaction of $429,090.00. Following the completion of the transaction, the director now owns 24,722 shares in the company, valued at $3,535,987.66. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 2.20% of the stock is currently owned by corporate insiders.

Several analysts recently issued reports on the stock. UBS Group initiated coverage on shares of Comfort Systems USA in a research report on Thursday, June 1st. They set a "neutral" rating and a $162.00 target price for the company. DA Davidson upped their price objective on Comfort Systems USA from $135.00 to $170.00 and gave the stock a "buy" rating in a research note on Friday, February 24th. Finally, StockNews.com started coverage on Comfort Systems USA in a report on Thursday, May 18th. They issued a "buy" rating on the stock.

Comfort Systems USA, Inc engages in the provision of mechanical and electrical contracting services. It operates under the Mechanical and Electrical Services segments. The Mechanical Services segment includes heating, ventilation, and air conditioning, plumbing, piping, and controls, as well as off-site construction, monitoring, and fire protection.

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