Versor Investments LP Boosts Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

Versor Investments LP increased its position in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 162.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,548 shares of the construction company’s stock after buying an additional 2,195 shares during the quarter. Versor Investments LP’s holdings in Comfort Systems USA were worth $1,079,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in FIX. V Square Quantitative Management LLC acquired a new stake in Comfort Systems USA during the first quarter worth $25,000. Opal Wealth Advisors LLC acquired a new stake in shares of Comfort Systems USA during the 2nd quarter worth about $41,000. Rise Advisors LLC purchased a new stake in Comfort Systems USA in the 1st quarter valued at about $44,000. Spire Wealth Management acquired a new position in Comfort Systems USA in the fourth quarter valued at about $61,000. Finally, Headlands Technologies LLC purchased a new position in Comfort Systems USA during the first quarter worth about $65,000. Hedge funds and other institutional investors own 96.51% of the company’s stock.

Comfort Systems USA Trading Up 1.8 %

Shares of NYSE FIX opened at $353.52 on Tuesday. The company has a current ratio of 1.00, a quick ratio of 0.97 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $12.63 billion, a PE ratio of 35.00 and a beta of 1.15. Comfort Systems USA, Inc. has a twelve month low of $151.89 and a twelve month high of $359.33. The stock has a fifty day simple moving average of $318.12 and a 200-day simple moving average of $313.63.

Comfort Systems USA (NYSE:FIX) last released its earnings results on Thursday, July 25th. The construction company reported $3.74 earnings per share for the quarter, beating the consensus estimate of $3.14 by $0.60. The company had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.69 billion. Comfort Systems USA had a return on equity of 31.49% and a net margin of 7.02%. Comfort Systems USA’s revenue was up 39.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.93 EPS. On average, equities analysts forecast that Comfort Systems USA, Inc. will post 13.19 earnings per share for the current year.

Comfort Systems USA Announces Dividend

The firm 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 dividend on an annualized basis and a dividend yield of 0.34%. The ex-dividend date of this dividend was Monday, August 12th. Comfort Systems USA’s dividend payout ratio (DPR) is currently 11.88%.

Insider Buying and Selling

In other Comfort Systems USA news, Director Vance W. Tang sold 3,473 shares of the firm’s stock in a transaction that occurred on Wednesday, June 5th. The shares were sold at an average price of $310.00, for a total value of $1,076,630.00. Following the completion of the transaction, the director now owns 8,198 shares of the company’s stock, valued at approximately $2,541,380. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other Comfort Systems USA news, Director Vance W. Tang sold 3,473 shares of the company’s stock in a transaction dated Wednesday, June 5th. The stock was sold at an average price of $310.00, for a total transaction of $1,076,630.00. Following the sale, the director now owns 8,198 shares in the company, valued at approximately $2,541,380. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO William George III sold 5,845 shares of Comfort Systems USA stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $332.16, for a total value 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 approximately $18,301,683.84. The disclosure for this sale can be found here. Insiders have sold a total of 27,864 shares of company stock valued at $9,153,485 in the last ninety days. Company insiders own 1.80% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Wednesday, June 19th.

About Comfort Systems USA

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.