Signaturefd LLC Acquires 32 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Signaturefd LLC raised its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 9.3% during the third quarter, HoldingsChannel reports. The firm owned 377 shares of the construction company’s stock after purchasing an additional 32 shares during the period. Signaturefd LLC’s holdings in Comfort Systems USA were worth $147,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Comfort Systems USA during the third quarter valued at approximately $38,000. Opal Wealth Advisors LLC bought a new stake in Comfort Systems USA during the 2nd quarter valued at $41,000. V Square Quantitative Management LLC increased its holdings in shares of Comfort Systems USA by 59.5% in the 3rd quarter. V Square Quantitative Management LLC now owns 126 shares of the construction company’s stock valued at $49,000 after acquiring an additional 47 shares during the period. Contravisory Investment Management Inc. raised its position in shares of Comfort Systems USA by 126.9% in the 3rd quarter. Contravisory Investment Management Inc. now owns 152 shares of the construction company’s stock worth $59,000 after acquiring an additional 85 shares in the last quarter. Finally, National Bank of Canada FI lifted its stake in shares of Comfort Systems USA by 236.5% during the 2nd quarter. National Bank of Canada FI now owns 212 shares of the construction company’s stock worth $62,000 after purchasing an additional 149 shares during the last quarter. Institutional investors own 96.51% of the company’s stock.

Comfort Systems USA Price Performance

NYSE FIX opened at $370.50 on Monday. The firm’s fifty day simple moving average is $371.25 and its two-hundred day simple moving average is $335.49. The firm has a market capitalization of $13.24 billion, a P/E ratio of 36.68 and a beta of 1.13. The company has a current ratio of 1.00, a quick ratio of 0.97 and a debt-to-equity ratio of 0.05. Comfort Systems USA, Inc. has a 12-month low of $152.18 and a 12-month high of $424.63.

Comfort Systems USA (NYSE:FIX) last announced its earnings results on Thursday, October 24th. The construction company reported $4.09 earnings per share for the quarter, topping the consensus estimate of $3.97 by $0.12. Comfort Systems USA had a return on equity of 31.49% and a net margin of 7.02%. The firm had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.84 billion. During the same period in the previous year, the business earned $2.74 EPS. The firm’s revenue for the quarter was up 31.5% on a year-over-year basis. Analysts forecast that Comfort Systems USA, Inc. will post 13.79 EPS for the current fiscal year.

Comfort Systems USA Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 25th. Stockholders of record on Thursday, November 14th will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $1.40 annualized dividend and a dividend yield of 0.38%. Comfort Systems USA’s dividend payout ratio (DPR) is currently 13.86%.

Insider Activity at Comfort Systems USA

In other Comfort Systems USA news, CFO William George III sold 5,845 shares of the business’s stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $332.16, for a total transaction of $1,941,475.20. Following the sale, the chief financial officer now owns 55,099 shares of the company’s stock, valued at approximately $18,301,683.84. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, insider Brian E. Lane sold 15,000 shares of the firm’s stock in a transaction dated Wednesday, August 14th. The stock was sold at an average price of $329.55, for a total value of $4,943,250.00. Following the completion of the transaction, the insider now directly owns 219,205 shares in the company, valued at $72,239,007.75. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO William George III sold 5,845 shares of the company’s stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $332.16, for a total value of $1,941,475.20. Following the completion of the sale, the chief financial officer now owns 55,099 shares in the company, valued at approximately $18,301,683.84. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 24,391 shares of company stock valued at $8,076,855 in the last three months. 1.80% of the stock is owned by insiders.

Analyst Ratings Changes

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

About Comfort Systems USA

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.