Comfort Systems USA, Inc. (NYSE:FIX) Shares Sold by Greenwood Capital Associates LLC

Greenwood Capital Associates LLC trimmed its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 27.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,444 shares of the construction company’s stock after selling 1,294 shares during the period. Greenwood Capital Associates LLC’s holdings in Comfort Systems USA were worth $1,344,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Comfort Systems USA in the 3rd quarter valued at about $38,000. Opal Wealth Advisors LLC bought a new position in shares of Comfort Systems USA in the second quarter worth about $41,000. V Square Quantitative Management LLC lifted its stake in shares of Comfort Systems USA by 59.5% during the third 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. boosted its stake 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 valued at $59,000 after purchasing an additional 85 shares during the last quarter. Finally, National Bank of Canada FI lifted its holdings in Comfort Systems USA by 236.5% in the second quarter. National Bank of Canada FI now owns 212 shares of the construction company’s stock valued at $62,000 after buying an additional 149 shares during the period. Institutional investors and hedge funds own 96.51% of the company’s stock.

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.

Insider Activity

In other news, insider Brian E. Lane sold 15,000 shares of the business’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 sale, the insider now owns 219,205 shares of the company’s stock, valued at approximately $72,239,007.75. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, CFO William George III sold 5,845 shares of the 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 transaction, the chief financial officer now owns 55,099 shares in the company, valued at $18,301,683.84. This 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 at the SEC website. Also, insider Brian E. Lane sold 15,000 shares of the business’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 sale, the insider now owns 219,205 shares of the company’s stock, valued at $72,239,007.75. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 39,091 shares of company stock worth $13,812,015. 1.80% of the stock is currently owned by insiders.

Comfort Systems USA Stock Down 0.5 %

NYSE FIX opened at $390.38 on Tuesday. The business has a fifty day moving average price of $377.81 and a two-hundred day moving average price of $339.45. Comfort Systems USA, Inc. has a fifty-two week low of $183.23 and a fifty-two week high of $424.63. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02. The stock has a market capitalization of $13.89 billion, a PE ratio of 29.87 and a beta of 1.13.

Comfort Systems USA (NYSE:FIX) last announced its earnings results on Thursday, October 24th. The construction company reported $4.09 EPS for the quarter, beating the consensus estimate of $3.97 by $0.12. The company had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.84 billion. Comfort Systems USA had a return on equity of 32.74% and a net margin of 7.18%. The firm’s revenue for the quarter was up 31.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.74 EPS. Equities analysts expect that Comfort Systems USA, Inc. will post 13.88 earnings per share for the current fiscal year.

Comfort Systems USA Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, November 25th. Stockholders of record on Thursday, November 14th will be given a dividend of $0.35 per share. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.30. This represents a $1.40 dividend on an annualized basis and a dividend yield of 0.36%. The ex-dividend date is Thursday, November 14th. Comfort Systems USA’s payout ratio is 9.18%.

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.