City Center Advisors LLC Has $434,000 Position in Comfort Systems USA, Inc. (NYSE:FIX)

City Center Advisors LLC lessened its holdings in Comfort Systems USA, Inc. (NYSE:FIX) by 20.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,113 shares of the construction company’s stock after selling 291 shares during the quarter. City Center Advisors LLC’s holdings in Comfort Systems USA were worth $434,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of FIX. Opal Wealth Advisors LLC acquired a new stake in Comfort Systems USA during the 2nd quarter valued at approximately $41,000. Rise Advisors LLC acquired a new position in shares of Comfort Systems USA during the first quarter worth approximately $44,000. Headlands Technologies LLC acquired a new stake in Comfort Systems USA in the 1st quarter valued at $65,000. National Bank of Canada FI increased its stake in 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 valued at $62,000 after purchasing an additional 149 shares in the last quarter. Finally, CWM LLC raised its holdings in Comfort Systems USA by 60.3% during the second quarter. CWM LLC now owns 218 shares of the construction company’s stock worth $66,000 after buying an additional 82 shares during the last quarter. Institutional investors and hedge funds own 96.51% of the company’s stock.

Insider Activity at Comfort Systems USA

In other Comfort Systems USA news, Director Darcy Anderson sold 3,546 shares of the stock in a transaction dated Tuesday, August 27th. The shares were 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 owns 37,193 shares in the company, valued at $12,503,914.67. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, Director Darcy Anderson sold 3,546 shares of the firm’s stock in a transaction that occurred 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 directly owns 37,193 shares of the company’s stock, valued at approximately $12,503,914.67. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 completion of the transaction, the chief financial officer now owns 55,099 shares of the company’s stock, valued at $18,301,683.84. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 24,391 shares of company stock worth $8,076,855. Company insiders own 1.80% of the company’s stock.

Comfort Systems USA Trading Up 1.0 %

Shares of FIX stock opened at $406.60 on Tuesday. The company has a market capitalization of $14.52 billion, a price-to-earnings ratio of 40.26 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 company has a 50-day simple moving average of $344.92 and a two-hundred day simple moving average of $326.38. Comfort Systems USA, Inc. has a 52-week low of $151.89 and a 52-week high of $412.48.

Comfort Systems USA (NYSE:FIX) last issued its quarterly earnings results on Thursday, July 25th. The construction company reported $3.74 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $1.69 billion. During the same quarter last year, the business posted $1.93 EPS. Comfort Systems USA’s quarterly revenue was up 39.6% compared to the same quarter last year. Research analysts anticipate that Comfort Systems USA, Inc. will post 13.79 EPS for the current fiscal year.

Comfort Systems USA Dividend Announcement

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

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of Comfort Systems USA from a “buy” rating to a “hold” rating in a research report on Friday.

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.