D Orazio & Associates Inc. Invests $249,000 in Comfort Systems USA, Inc. $FIX

D Orazio & Associates Inc. acquired a new stake in Comfort Systems USA, Inc. (NYSE:FIX) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 464 shares of the construction company’s stock, valued at approximately $249,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ameritas Advisory Services LLC purchased a new stake in Comfort Systems USA during the second quarter valued at about $27,000. Stone House Investment Management LLC bought a new stake in shares of Comfort Systems USA in the 1st quarter valued at about $31,000. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Comfort Systems USA by 54.4% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 105 shares of the construction company’s stock valued at $34,000 after acquiring an additional 37 shares during the last quarter. Brooklyn Investment Group boosted its holdings in Comfort Systems USA by 259.4% during the 1st quarter. Brooklyn Investment Group now owns 115 shares of the construction company’s stock valued at $37,000 after acquiring an additional 83 shares during the period. Finally, Tradewinds Capital Management LLC grew its position in Comfort Systems USA by 37.8% during the 2nd quarter. Tradewinds Capital Management LLC now owns 113 shares of the construction company’s stock worth $61,000 after acquiring an additional 31 shares during the last quarter. Institutional investors own 96.51% of the company’s stock.

Comfort Systems USA Stock Performance

Shares of FIX stock opened at $897.09 on Friday. The firm has a market capitalization of $31.64 billion, a price-to-earnings ratio of 37.98 and a beta of 1.55. The stock has a fifty day moving average of $851.07 and a 200 day moving average of $660.22. Comfort Systems USA, Inc. has a 52 week low of $276.44 and a 52 week high of $1,020.26. The company has a quick ratio of 1.20, a current ratio of 1.22 and a debt-to-equity ratio of 0.06.

Comfort Systems USA (NYSE:FIX) last issued its quarterly earnings data on Monday, August 15th. The construction company reported $0.90 EPS for the quarter. Comfort Systems USA had a net margin of 10.06% and a return on equity of 43.59%. The business had revenue of $713.90 million during the quarter. As a group, research analysts expect that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current year.

Comfort Systems USA Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 24th. Shareholders of record on Thursday, November 13th will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 0.3%. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.50. The ex-dividend date is Thursday, November 13th. Comfort Systems USA’s dividend payout ratio (DPR) is 10.16%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on FIX. William Blair assumed coverage on Comfort Systems USA in a research report on Thursday, September 11th. They issued an “outperform” rating for the company. Zacks Research upgraded shares of Comfort Systems USA from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 28th. Northcoast Research cut shares of Comfort Systems USA from a “buy” rating to a “neutral” rating in a research report on Monday, July 28th. Wall Street Zen raised shares of Comfort Systems USA from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 25th. Finally, UBS Group upped their price objective on shares of Comfort Systems USA from $875.00 to $1,140.00 and gave the company a “buy” rating in a research note on Monday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $819.20.

Insider Buying and Selling at Comfort Systems USA

In other news, Director Herman E. Bulls sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $1,013.62, for a total value of $2,027,240.00. Following the completion of the transaction, the director owned 30,574 shares in the company, valued at $30,990,417.88. This trade represents a 6.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Franklin Myers sold 5,000 shares of Comfort Systems USA stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $1,006.68, for a total value of $5,033,400.00. Following the sale, the director owned 82,901 shares in the company, valued at $83,454,778.68. This represents a 5.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 16,078 shares of company stock worth $15,242,037. Insiders own 1.59% of the company’s stock.

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.