Avior Wealth Management LLC Makes New $329,000 Investment in Comfort Systems USA, Inc. (NYSE:FIX)

Avior Wealth Management LLC purchased a new position in shares of Comfort Systems USA, Inc. (NYSE:FIX) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 1,602 shares of the construction company’s stock, valued at approximately $329,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. State Board of Administration of Florida Retirement System boosted its holdings in shares of Comfort Systems USA by 0.6% during the 3rd quarter. State Board of Administration of Florida Retirement System now owns 10,115 shares of the construction company’s stock worth $1,724,000 after buying an additional 60 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in shares of Comfort Systems USA by 16.3% in the 2nd quarter. Parkside Financial Bank & Trust now owns 514 shares of the construction company’s stock worth $84,000 after purchasing an additional 72 shares in the last quarter. Portside Wealth Group LLC lifted its holdings in shares of Comfort Systems USA by 3.6% in the 3rd quarter. Portside Wealth Group LLC now owns 2,157 shares of the construction company’s stock worth $368,000 after purchasing an additional 74 shares in the last quarter. Sound View Wealth Advisors Group LLC lifted its holdings in shares of Comfort Systems USA by 5.5% in the 3rd quarter. Sound View Wealth Advisors Group LLC now owns 1,434 shares of the construction company’s stock worth $244,000 after purchasing an additional 75 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Comfort Systems USA by 1.8% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 4,477 shares of the construction company’s stock worth $653,000 after purchasing an additional 80 shares in the last quarter. 96.51% of the stock is currently owned by institutional investors.

Insider Activity

In other news, COO T Mckenna Trent sold 14,185 shares of the firm’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $278.55, for a total transaction of $3,951,231.75. Following the completion of the sale, the chief operating officer now directly owns 22,644 shares of the company’s stock, valued at approximately $6,307,486.20. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, insider Brian E. Lane sold 16,000 shares of the firm’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of $312.13, for a total transaction of $4,994,080.00. Following the completion of the sale, the insider now directly owns 227,926 shares of the company’s stock, valued at approximately $71,142,542.38. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, COO T Mckenna Trent sold 14,185 shares of the firm’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $278.55, for a total value of $3,951,231.75. Following the sale, the chief operating officer now directly owns 22,644 shares of the company’s stock, valued at $6,307,486.20. The disclosure for this sale can be found here. Insiders sold a total of 46,614 shares of company stock valued at $13,739,345 in the last ninety days. 2.48% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on FIX shares. StockNews.com upgraded Comfort Systems USA from a “hold” rating to a “buy” rating in a report on Thursday, April 4th. UBS Group increased their target price on Comfort Systems USA from $208.00 to $254.00 and gave the stock a “neutral” rating in a report on Thursday, February 15th. KeyCorp started coverage on Comfort Systems USA in a report on Wednesday, January 10th. They issued a “sector weight” rating on the stock. Finally, DA Davidson increased their target price on Comfort Systems USA from $200.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, February 28th.

Comfort Systems USA Trading Down 0.5 %

NYSE FIX opened at $290.72 on Friday. The firm has a market capitalization of $10.38 billion, a P/E ratio of 32.30 and a beta of 1.19. The business has a fifty day simple moving average of $297.34 and a 200 day simple moving average of $229.64. Comfort Systems USA, Inc. has a 12 month low of $129.77 and a 12 month high of $335.25. 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 (NYSE:FIX) last released its quarterly earnings results on Friday, February 23rd. The construction company reported $2.55 EPS for the quarter, beating analysts’ consensus estimates of $2.15 by $0.40. The business had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.33 billion. Comfort Systems USA had a return on equity of 26.99% and a net margin of 6.21%. Comfort Systems USA’s quarterly revenue was up 21.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.54 EPS. On average, analysts predict that Comfort Systems USA, Inc. will post 11.42 EPS for the current fiscal year.

Comfort Systems USA Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 19th. Investors of record on Friday, March 8th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.34%. The ex-dividend date of this dividend was Thursday, March 7th. Comfort Systems USA’s payout ratio is currently 11.11%.

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.