Versor Investments LP Has $813,000 Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

Versor Investments LP trimmed its position in Comfort Systems USA, Inc. (NYSE:FIX) by 41.3% during the third quarter, HoldingsChannel.com reports. The firm owned 2,084 shares of the construction company’s stock after selling 1,464 shares during the quarter. Versor Investments LP’s holdings in Comfort Systems USA were worth $813,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Concurrent Investment Advisors LLC acquired a new position in Comfort Systems USA during the 1st quarter worth approximately $550,000. Comerica Bank grew its position in Comfort Systems USA by 34.5% in the first quarter. Comerica Bank now owns 103,730 shares of the construction company’s stock valued at $32,956,000 after purchasing an additional 26,616 shares in the last quarter. Cetera Advisors LLC acquired a new stake in Comfort Systems USA in the 1st quarter valued at $971,000. Schwartz Investment Counsel Inc. bought a new stake in Comfort Systems USA during the 3rd quarter worth about $1,327,000. Finally, Atria Investments Inc acquired a new position in shares of Comfort Systems USA during the 1st quarter worth about $1,192,000. 96.51% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com raised Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Saturday, October 12th.

Insiders Place Their Bets

In other news, Director Darcy Anderson sold 3,546 shares of the firm’s 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 sale, the director now owns 37,193 shares in the company, 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 SEC, which can be accessed through this link. In other news, Director Pablo G. Mercado sold 2,500 shares of the stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $409.46, for a total transaction of $1,023,650.00. Following the transaction, the director now owns 9,036 shares in the company, valued at approximately $3,699,880.56. 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 accessible through this link. Also, Director Darcy Anderson sold 3,546 shares of the business’s 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 sale, the director now owns 37,193 shares of the company’s stock, valued at $12,503,914.67. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 26,591 shares of company stock valued at $9,892,415 over the last ninety days. 1.80% of the stock is currently owned by company insiders.

Comfort Systems USA Stock Performance

NYSE FIX opened at $463.12 on Wednesday. The firm has a market capitalization of $16.48 billion, a P/E ratio of 35.43 and a beta of 1.13. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.04. The firm’s fifty day moving average price is $387.63 and its two-hundred day moving average price is $344.43. Comfort Systems USA, Inc. has a 1 year low of $184.85 and a 1 year high of $474.62.

Comfort Systems USA (NYSE:FIX) last issued its earnings results on Thursday, October 24th. The construction company reported $4.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.97 by $0.12. The business had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.84 billion. Comfort Systems USA had a net margin of 7.18% and a return on equity of 32.74%. Comfort Systems USA’s revenue was up 31.5% on a year-over-year basis. During the same period last year, the business posted $2.74 EPS. As a group, research analysts anticipate that Comfort Systems USA, Inc. will post 13.88 EPS for the current year.

Comfort Systems USA Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 25th. Investors of record on Thursday, November 14th will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 0.30%. The ex-dividend date of this dividend is Thursday, November 14th. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.30. Comfort Systems USA’s dividend payout ratio is 10.71%.

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.