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

Defense World ·  Sep 14, 2022 05:03

Bridge City Capital LLC trimmed its stake in Comfort Systems USA, Inc. (NYSE:FIX – Get Rating) by 0.5% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 38,544 shares of the construction company's stock after selling 195 shares during the quarter. Comfort Systems USA makes up 1.6% of Bridge City Capital LLC's holdings, making the stock its 13th largest holding. Bridge City Capital LLC owned about 0.11% of Comfort Systems USA worth $3,431,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Meeder Asset Management Inc. acquired a new position in shares of Comfort Systems USA in the 1st quarter worth $32,000. Brown Brothers Harriman & Co. grew its holdings in shares of Comfort Systems USA by 2,814.3% during the first quarter. Brown Brothers Harriman & Co. now owns 408 shares of the construction company's stock valued at $36,000 after buying an additional 394 shares in the last quarter. Prospera Financial Services Inc purchased a new position in shares of Comfort Systems USA during the first quarter valued at $38,000. Steward Partners Investment Advisory LLC grew its holdings in shares of Comfort Systems USA by 420.4% during the first quarter. Steward Partners Investment Advisory LLC now owns 536 shares of the construction company's stock valued at $48,000 after buying an additional 433 shares in the last quarter. Finally, Lazard Asset Management LLC purchased a new position in shares of Comfort Systems USA during the fourth quarter valued at $52,000. 95.47% of the stock is currently owned by institutional investors and hedge funds.

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Insider Activity at Comfort Systems USA

In other Comfort Systems USA news, Chairman Franklin Myers sold 21,719 shares of the business's stock in a transaction dated 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 sale, the chairman now owns 175,000 shares of the company's stock, valued at $18,669,000. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other Comfort Systems USA news, Director Constance Ellen Skidmore sold 3,000 shares of the business's stock in a transaction dated Monday, September 12th. The stock was sold at an average price of $103.39, for a total value of $310,170.00. Following the completion of the sale, the director now owns 30,722 shares of the company's stock, valued at $3,176,347.58. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Chairman Franklin Myers sold 21,719 shares of the business's stock in a transaction dated 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 sale, the chairman now directly 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 74,625 shares of company stock valued at $7,841,989. Insiders own 2.48% of the company's stock.

Comfort Systems USA Price Performance

FIX opened at $101.80 on Wednesday. The stock has a market cap of $3.64 billion, a price-to-earnings ratio of 17.31 and a beta of 1.23. Comfort Systems USA, Inc. has a 1 year low of $67.91 and a 1 year 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. The stock has a fifty day moving average price of $98.18 and a 200 day moving average price of $90.79.

Comfort Systems USA (NYSE:FIX – Get Rating) last released 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 firm 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 business's revenue for the quarter was up 42.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.90 earnings per share. Analysts forecast that Comfort Systems USA, Inc. will post 4.85 EPS for the current fiscal year.

Comfort Systems USA Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 29th. Investors of record on Thursday, August 18th were given a dividend of $0.14 per share. The ex-dividend date was Wednesday, August 17th. This represents a $0.56 dividend on an annualized basis and a yield of 0.55%. Comfort Systems USA's payout ratio is 9.52%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on FIX. StockNews.com downgraded Comfort Systems USA from a "strong-buy" rating to a "buy" rating in a report on Friday, August 5th. DA Davidson lifted their price target on Comfort Systems USA from $100.00 to $114.00 in a report on Friday, July 29th.

Comfort Systems USA Company 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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