Venture Visionary Partners LLC Has $2.56 Million Stock Position in Comfort Systems USA, Inc. $FIX

Venture Visionary Partners LLC decreased its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 59.3% during the 4th quarter, Holdings Channel reports. The firm owned 2,746 shares of the construction company’s stock after selling 3,994 shares during the period. Venture Visionary Partners LLC’s holdings in Comfort Systems USA were worth $2,563,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in FIX. NewEdge Advisors LLC increased its position in shares of Comfort Systems USA by 41.1% during the 1st quarter. NewEdge Advisors LLC now owns 3,412 shares of the construction company’s stock worth $1,100,000 after purchasing an additional 993 shares during the last quarter. Focus Partners Wealth increased its position in shares of Comfort Systems USA by 110.6% during the 1st quarter. Focus Partners Wealth now owns 2,300 shares of the construction company’s stock worth $741,000 after purchasing an additional 1,208 shares during the last quarter. Sivia Capital Partners LLC increased its position in shares of Comfort Systems USA by 40.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,079 shares of the construction company’s stock worth $579,000 after purchasing an additional 313 shares during the last quarter. WINTON GROUP Ltd acquired a new position in shares of Comfort Systems USA during the 2nd quarter worth approximately $567,000. Finally, Sei Investments Co. increased its position in shares of Comfort Systems USA by 69.2% during the 2nd quarter. Sei Investments Co. now owns 43,631 shares of the construction company’s stock worth $23,395,000 after purchasing an additional 17,839 shares during the last quarter. Institutional investors and hedge funds own 96.51% of the company’s stock.

Analyst Upgrades and Downgrades

FIX has been the topic of several recent analyst reports. DA Davidson boosted their price target on Comfort Systems USA from $1,200.00 to $1,800.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Glj Research started coverage on Comfort Systems USA in a research note on Monday, April 20th. They issued a “buy” rating and a $2,001.00 price target on the stock. KeyCorp upgraded Comfort Systems USA from a “sector weight” rating to an “overweight” rating and set a $2,004.00 price target on the stock in a research note on Friday, April 24th. Zacks Research upgraded Comfort Systems USA from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 25th. Finally, Stifel Nicolaus increased their price target on Comfort Systems USA from $1,611.00 to $1,819.00 and gave the company a “buy” rating in a research note on Thursday, April 16th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Comfort Systems USA currently has an average rating of “Buy” and an average price target of $1,991.50.

Insider Transactions at Comfort Systems USA

In other Comfort Systems USA news, CAO Julie Shaeff sold 1,123 shares of the company’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $2,000.37, for a total value of $2,246,415.51. Following the transaction, the chief accounting officer directly owned 12,624 shares of the company’s stock, valued at $25,252,670.88. This represents a 8.17% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director William J. Sandbrook sold 1,500 shares of the company’s stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $1,732.67, for a total value of $2,599,005.00. Following the completion of the transaction, the director directly owned 7,666 shares in the company, valued at approximately $13,282,648.22. This represents a 16.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 24,078 shares of company stock worth $46,651,175. 1.24% of the stock is currently owned by company insiders.

Comfort Systems USA Stock Performance

Shares of NYSE FIX opened at $1,951.63 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.24 and a quick ratio of 1.21. The stock’s fifty day moving average price is $1,792.15 and its two-hundred day moving average price is $1,396.52. Comfort Systems USA, Inc. has a one year low of $489.98 and a one year high of $2,073.99. The firm has a market cap of $68.70 billion, a price-to-earnings ratio of 56.31 and a beta of 1.66.

Comfort Systems USA (NYSE:FIX) last issued its quarterly earnings data on Thursday, April 23rd. The construction company reported $10.51 EPS for the quarter, beating analysts’ consensus estimates of $6.81 by $3.70. Comfort Systems USA had a return on equity of 51.69% and a net margin of 12.07%.The firm had revenue of $2.87 billion for the quarter, compared to analyst estimates of $2.39 billion. During the same period in the prior year, the firm posted $4.75 EPS. The company’s revenue for the quarter was up 56.5% on a year-over-year basis. On average, equities analysts forecast that Comfort Systems USA, Inc. will post 43.39 EPS for the current year.

Comfort Systems USA Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Friday, May 15th were issued a $0.80 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $3.20 dividend on an annualized basis and a yield of 0.2%. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.70. Comfort Systems USA’s payout ratio is currently 9.23%.

Comfort Systems USA Company Profile

Comfort Systems USA, Inc is a U.S.-based mechanical contracting company that provides a range of heating, ventilation and air conditioning (HVAC) services to commercial, industrial and institutional customers. The company focuses on the design, installation, maintenance and repair of HVAC systems, and it supports projects from initial engineering and system selection through long-term service agreements and upgrades.

Its service offerings include new construction and retrofit installations, preventive and corrective maintenance, emergency repair, energy management and building automation systems.