Benjamin Edwards Inc. Has $332,000 Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

Benjamin Edwards Inc. reduced its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 53.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,092 shares of the construction company’s stock after selling 1,235 shares during the quarter. Benjamin Edwards Inc.’s holdings in Comfort Systems USA were worth $332,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of FIX. Capital World Investors raised its stake in Comfort Systems USA by 26.6% during the 1st 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 acquired a new position in Comfort Systems USA during the 4th quarter valued at $81,299,000. Westfield Capital Management Co. LP raised its stake in Comfort Systems USA by 56.4% during 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 purchasing an additional 240,466 shares during the last quarter. Hennessy Advisors Inc. acquired a new position in Comfort Systems USA during the 4th quarter valued at $30,151,000. Finally, Blackstone Inc. acquired a new position in Comfort Systems USA during the 1st quarter valued at $41,302,000. 96.51% of the stock is currently owned by institutional investors and hedge funds.

Comfort Systems USA Trading Up 1.3 %

Shares of 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 stock has a market cap of $13.76 billion, a price-to-earnings ratio of 38.13 and a beta of 1.13. 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 firm has a fifty day moving average of $326.67 and a 200-day moving average of $319.68.

Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings data 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 prior year, the company posted $1.93 EPS. The business’s revenue was up 39.6% on a year-over-year basis. On average, equities research analysts forecast that Comfort Systems USA, Inc. will post 13.79 earnings per share for the current fiscal year.

Comfort Systems USA Dividend Announcement

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

Insider Transactions at Comfort Systems USA

In other news, Director Darcy Anderson sold 3,546 shares of the company’s stock in a transaction dated 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 sale, the director now owns 37,193 shares of the company’s stock, valued at approximately $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 news, CFO William George III sold 5,845 shares of the company’s stock in a transaction dated 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 sale, the chief financial officer now owns 55,099 shares of the company’s stock, valued at approximately $18,301,683.84. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, 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 transaction of $1,192,129.74. Following the completion of the transaction, the director now directly owns 37,193 shares of the company’s stock, valued at $12,503,914.67. The disclosure for this sale can be found here. In the last quarter, insiders have sold 24,391 shares of company stock valued at $8,076,855. 1.80% of the stock is owned by insiders.

Analysts Set New Price Targets

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

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.