Ameritas Investment Partners Inc. Has $2.30 Million Stake in Comfort Systems USA, Inc. (NYSE:FIX)

Ameritas Investment Partners Inc. cut its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 33.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,574 shares of the construction company’s stock after selling 3,845 shares during the quarter. Ameritas Investment Partners Inc.’s holdings in Comfort Systems USA were worth $2,303,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Capital World Investors increased its holdings in shares of Comfort Systems USA by 26.6% in the first quarter. Capital World Investors now owns 2,153,707 shares of the construction company’s stock valued at $684,254,000 after purchasing an additional 451,852 shares during the last quarter. Norges Bank bought a new stake in shares of Comfort Systems USA during the 4th quarter worth about $81,299,000. Westfield Capital Management Co. LP grew its stake in Comfort Systems USA by 56.4% in the 1st quarter. Westfield Capital Management Co. LP now owns 667,036 shares of the construction company’s stock valued at $211,924,000 after buying an additional 240,466 shares during the last quarter. Hennessy Advisors Inc. bought a new position in Comfort Systems USA in the 4th quarter valued at about $30,151,000. Finally, Blackstone Inc. acquired a new stake in Comfort Systems USA during the first quarter worth approximately $41,302,000. Institutional investors own 96.51% of the company’s stock.

Analyst Ratings Changes

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

Comfort Systems USA Trading Up 1.3 %

FIX stock opened at $385.16 on Friday. Comfort Systems USA, Inc. has a 52 week low of $151.89 and a 52 week high of $387.90. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.97 and a current ratio of 1.00. The company’s 50-day simple moving average is $326.67 and its 200 day simple moving average is $319.68. The company has a market capitalization of $13.76 billion, a PE ratio of 38.13 and a beta of 1.13.

Comfort Systems USA (NYSE:FIX) last announced its earnings results on Thursday, July 25th. The construction company reported $3.74 EPS for the quarter, topping the consensus estimate of $3.14 by $0.60. The company had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $1.69 billion. Comfort Systems USA had a net margin of 7.02% and a return on equity of 31.49%. The business’s revenue for the quarter was up 39.6% on a year-over-year basis. During the same period last year, the firm earned $1.93 earnings per share. As a group, sell-side analysts anticipate that Comfort Systems USA, Inc. will post 13.79 earnings per share for the current year.

Comfort Systems USA Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were issued a $0.30 dividend. The ex-dividend date of this dividend was Monday, August 12th. This represents a $1.20 annualized dividend and a yield of 0.31%. Comfort Systems USA’s dividend payout ratio is presently 11.88%.

Insider Transactions at Comfort Systems USA

In related news, Director Darcy Anderson sold 3,546 shares of the business’s stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $336.19, for a total value of $1,192,129.74. Following the completion of the transaction, the director now owns 37,193 shares of the company’s stock, valued at $12,503,914.67. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Comfort Systems USA news, insider Brian E. Lane sold 15,000 shares of the company’s stock in a transaction on Wednesday, August 14th. The stock was sold at an average price of $329.55, for a total transaction of $4,943,250.00. Following the completion of the sale, the insider now directly owns 219,205 shares in the company, valued at $72,239,007.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Darcy Anderson sold 3,546 shares of Comfort Systems USA stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $336.19, for a total value of $1,192,129.74. Following the completion of the transaction, the director now owns 37,193 shares in the company, valued at approximately $12,503,914.67. The disclosure for this sale can be found here. In the last three months, insiders have sold 24,391 shares of company stock valued at $8,076,855. 1.80% of the stock is owned by corporate insiders.

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.