Cetera Advisors LLC raised its holdings in Comfort Systems USA, Inc. (NYSE:FIX – Get Rating) by 84.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,262 shares of the construction company's stock after buying an additional 2,872 shares during the quarter. Cetera Advisors LLC's holdings in Comfort Systems USA were worth $557,000 at the end of the most recent quarter.
Other large investors have also recently made changes to their positions in the company. Meeder Asset Management Inc. bought a new stake in shares of Comfort Systems USA in the 1st quarter worth approximately $32,000. Prospera Financial Services Inc purchased a new position in shares of Comfort Systems USA in the 1st quarter valued at approximately $38,000. Lazard Asset Management LLC purchased a new position in shares of Comfort Systems USA in the 4th quarter valued at approximately $52,000. Steward Partners Investment Advisory LLC lifted its stake in shares of Comfort Systems USA by 420.4% in the 1st quarter. Steward Partners Investment Advisory LLC now owns 536 shares of the construction company's stock valued at $48,000 after purchasing an additional 433 shares during the period. Finally, UMB Bank N A MO purchased a new position in shares of Comfort Systems USA in the 4th quarter valued at approximately $87,000. 95.47% of the stock is currently owned by institutional investors.
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Shares of NYSE:FIX opened at $100.53 on Friday. The stock has a fifty day simple moving average of $94.90 and a two-hundred day simple moving average of $89.87. The stock has a market capitalization of $3.60 billion, a price-to-earnings ratio of 17.10 and a beta of 1.23. Comfort Systems USA, Inc. has a 12-month low of $67.91 and a 12-month high of $109.00. The company has a current ratio of 1.28, a quick ratio of 1.25 and a debt-to-equity ratio of 0.45.
Comfort Systems USA (NYSE:FIX – Get Rating) last announced its quarterly earnings data on Wednesday, July 27th. The construction company reported $1.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.03 by $0.14. The business had revenue of $1.02 billion during the quarter, compared to analysts' expectations of $914.17 million. Comfort Systems USA had a return on equity of 18.99% and a net margin of 5.93%. The firm's quarterly revenue was up 42.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.90 earnings per share. On average, research analysts anticipate that Comfort Systems USA, Inc. will post 4.85 earnings per share for the current fiscal year.Comfort Systems USA Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, August 29th. Shareholders of record on Thursday, August 18th were paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date was Wednesday, August 17th. Comfort Systems USA's payout ratio is 9.52%.
Insider Buying and Selling at Comfort Systems USA
In other news, CAO Julie Shaeff sold 12,849 shares of the business's stock in a transaction on Monday, August 1st. The stock was sold at an average price of $104.09, for a total value of $1,337,452.41. Following the completion of the transaction, the chief accounting officer now owns 22,274 shares in the company, valued at $2,318,500.66. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CAO Julie Shaeff sold 12,849 shares of the business's stock in a transaction on Monday, August 1st. The stock was sold at an average price of $104.09, for a total value of $1,337,452.41. Following the completion of the transaction, the chief accounting officer now owns 22,274 shares in the company, valued at $2,318,500.66. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Franklin Myers sold 21,719 shares of the business's stock in a transaction on Thursday, August 18th. The stock was sold at an average price of $106.68, for a total value of $2,316,982.92. Following the completion of the transaction, the chairman now owns 175,000 shares of the company's stock, valued at approximately $18,669,000. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 73,469 shares of company stock worth $7,702,094. 2.48% of the stock is owned by insiders.
Analyst Upgrades and Downgrades
FIX has been the subject of a number of research analyst reports. StockNews.com cut Comfort Systems USA from a "strong-buy" rating to a "buy" rating in a research note on Friday, August 5th. DA Davidson raised their target price on Comfort Systems USA from $100.00 to $114.00 in a research note on Friday, July 29th.
Comfort Systems USA Profile
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Comfort Systems USA, Inc provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. It engages in the design, engineering, integration, installation, and start-up of mechanical, electrical, and plumbing (MEP) systems; and renovation, expansion, maintenance, monitoring, repair, and replacement of existing buildings.
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