Commonwealth Equity Services LLC Buys 632 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Commonwealth Equity Services LLC boosted its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 44.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,063 shares of the construction company’s stock after purchasing an additional 632 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Comfort Systems USA were worth $627,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of FIX. Maryland State Retirement & Pension System bought a new position in shares of Comfort Systems USA during the 2nd quarter worth about $833,000. iA Global Asset Management Inc. raised its position in shares of Comfort Systems USA by 8.0% during the 2nd quarter. iA Global Asset Management Inc. now owns 1,642 shares of the construction company’s stock valued at $499,000 after acquiring an additional 121 shares during the last quarter. Azzad Asset Management Inc. ADV bought a new position in Comfort Systems USA during the second quarter worth about $493,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its position in shares of Comfort Systems USA by 497.3% during the second quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 5,883 shares of the construction company’s stock worth $1,789,000 after purchasing an additional 4,898 shares in the last quarter. Finally, Bricktown Capital LLC bought a new stake in shares of Comfort Systems USA in the second quarter worth about $3,871,000. Institutional investors own 96.51% of the company’s stock.

Insider Buying and Selling at Comfort Systems USA

In related news, CFO William George III sold 5,845 shares of Comfort Systems USA 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 directly owns 55,099 shares of the company’s stock, valued at approximately $18,301,683.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Comfort Systems USA news, insider Brian E. Lane sold 15,000 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the insider now owns 219,205 shares in the company, valued at approximately $72,239,007.75. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO William George III sold 5,845 shares of the business’s stock in a transaction 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 completion of the transaction, the chief financial officer now owns 55,099 shares in the company, valued at approximately $18,301,683.84. The disclosure for this sale can be found here. Insiders sold a total of 24,391 shares of company stock worth $8,076,855 over the last three months. Corporate insiders own 1.80% of the company’s stock.

Comfort Systems USA Stock Up 6.7 %

FIX stock opened at $380.27 on Friday. The business’s 50 day simple moving average is $325.41 and its 200 day simple moving average is $319.19. Comfort Systems USA, Inc. has a 1-year low of $151.89 and a 1-year high of $382.00. The firm has a market capitalization of $13.58 billion, a PE ratio of 37.65 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 (NYSE:FIX) last announced its earnings results on Thursday, July 25th. The construction company reported $3.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.14 by $0.60. Comfort Systems USA had a net margin of 7.02% and a return on equity of 31.49%. The company had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.69 billion. During the same quarter in the previous year, the business posted $1.93 earnings per share. Comfort Systems USA’s quarterly revenue was up 39.6% on a year-over-year basis. As a group, research analysts anticipate that Comfort Systems USA, Inc. will post 13.79 EPS for the current year.

Comfort Systems USA Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were paid a dividend of $0.30 per share. The ex-dividend date was Monday, August 12th. This represents a $1.20 dividend on an annualized basis and a yield of 0.32%. Comfort Systems USA’s payout ratio is 11.88%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Wednesday, June 19th.

Comfort Systems USA Company 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.