Allspring Global Investments Holdings LLC Sells 7,618 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Allspring Global Investments Holdings LLC lowered its position in Comfort Systems USA, Inc. (NYSE:FIX) by 9.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 73,376 shares of the construction company’s stock after selling 7,618 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Comfort Systems USA were worth $28,642,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Comfort Systems USA in the third quarter valued at about $38,000. Opal Wealth Advisors LLC purchased a new position in shares of Comfort Systems USA in the second quarter worth $41,000. V Square Quantitative Management LLC boosted its position in shares of Comfort Systems USA by 59.5% during the third quarter. V Square Quantitative Management LLC now owns 126 shares of the construction company’s stock worth $49,000 after acquiring an additional 47 shares during the last quarter. Contravisory Investment Management Inc. grew its stake in Comfort Systems USA by 126.9% during the third quarter. Contravisory Investment Management Inc. now owns 152 shares of the construction company’s stock valued at $59,000 after acquiring an additional 85 shares in the last quarter. Finally, National Bank of Canada FI increased its holdings in Comfort Systems USA by 236.5% in the 2nd quarter. National Bank of Canada FI now owns 212 shares of the construction company’s stock valued at $62,000 after acquiring an additional 149 shares during the last quarter. Hedge funds and other institutional investors own 96.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Saturday, October 12th.

Insider Activity at Comfort Systems USA

In other Comfort Systems USA news, insider Brian E. Lane sold 15,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 14th. The stock was sold at an average price of $329.55, for a total transaction of $4,943,250.00. Following the sale, the insider now directly owns 219,205 shares of the company’s stock, valued at $72,239,007.75. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. In related news, Director Darcy Anderson sold 3,546 shares of the firm’s stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $336.19, for a total value of $1,192,129.74. Following the completion of the sale, the director now directly owns 37,193 shares in the company, valued at $12,503,914.67. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Brian E. Lane sold 15,000 shares of the business’s stock in a transaction on Wednesday, August 14th. The shares were sold at an average price of $329.55, for a total transaction of $4,943,250.00. Following the transaction, the insider now owns 219,205 shares in the company, valued at $72,239,007.75. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 24,391 shares of company stock valued at $8,076,855. Insiders own 1.80% of the company’s stock.

Comfort Systems USA Stock Down 0.6 %

NYSE FIX opened at $412.13 on Thursday. The stock has a 50 day moving average price of $368.92 and a 200-day moving average price of $334.40. Comfort Systems USA, Inc. has a one year low of $151.89 and a one year high of $424.63. The company has a market capitalization of $14.72 billion, a P/E ratio of 40.80 and a beta of 1.13. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.97 and a current ratio of 1.00.

Comfort Systems USA (NYSE:FIX) last issued its quarterly earnings data on Thursday, July 25th. The construction company reported $3.74 EPS for the quarter, topping analysts’ consensus estimates of $3.14 by $0.60. The business had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.69 billion. Comfort Systems USA had a net margin of 7.02% and a return on equity of 31.49%. The business’s revenue was up 39.6% on a year-over-year basis. During the same period last year, the company posted $1.93 EPS. As a group, equities analysts predict that Comfort Systems USA, Inc. will post 13.79 EPS for the current fiscal year.

Comfort Systems USA 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.