Aptus Capital Advisors LLC Buys 2,814 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Aptus Capital Advisors LLC increased its holdings in Comfort Systems USA, Inc. (NYSE:FIX) by 15.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,251 shares of the construction company’s stock after buying an additional 2,814 shares during the quarter. Aptus Capital Advisors LLC owned 0.06% of Comfort Systems USA worth $8,295,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in FIX. SG Americas Securities LLC lifted its holdings in Comfort Systems USA by 61.2% during the first quarter. SG Americas Securities LLC now owns 1,725 shares of the construction company’s stock valued at $548,000 after purchasing an additional 655 shares in the last quarter. Concurrent Investment Advisors LLC purchased a new position in Comfort Systems USA during the first quarter valued at approximately $550,000. Sei Investments Co. lifted its holdings in shares of Comfort Systems USA by 3.4% in the first quarter. Sei Investments Co. now owns 27,548 shares of the construction company’s stock worth $8,753,000 after buying an additional 912 shares in the last quarter. Headlands Technologies LLC purchased a new position in shares of Comfort Systems USA in the first quarter worth $65,000. Finally, Russell Investments Group Ltd. lifted its holdings in shares of Comfort Systems USA by 2.2% in the first quarter. Russell Investments Group Ltd. now owns 34,625 shares of the construction company’s stock worth $11,003,000 after buying an additional 754 shares in the last quarter. Hedge funds and other institutional investors own 96.51% of the company’s stock.

Comfort Systems USA Price Performance

FIX stock opened at $463.12 on Wednesday. Comfort Systems USA, Inc. has a 52 week low of $184.85 and a 52 week high of $474.62. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.04. The company has a fifty day simple moving average of $387.63 and a two-hundred day simple moving average of $344.43. The firm has a market capitalization of $16.48 billion, a P/E ratio of 35.43 and a beta of 1.13.

Comfort Systems USA (NYSE:FIX) last released its earnings results on Thursday, October 24th. The construction company reported $4.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.97 by $0.12. The firm had revenue of $1.81 billion during the quarter, compared to analyst estimates of $1.84 billion. Comfort Systems USA had a net margin of 7.18% and a return on equity of 32.74%. The business’s revenue was up 31.5% on a year-over-year basis. During the same quarter last year, the business earned $2.74 EPS. Analysts anticipate 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 announced a quarterly dividend, which will be paid on Monday, November 25th. Stockholders of record on Thursday, November 14th will be issued a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 0.30%. The ex-dividend date is Thursday, November 14th. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.30. Comfort Systems USA’s dividend payout ratio (DPR) is 9.18%.

Insider Transactions at Comfort Systems USA

In related news, Director Pablo G. Mercado sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $409.46, for a total value of $1,023,650.00. Following the transaction, the director now owns 9,036 shares of the company’s stock, valued at $3,699,880.56. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, Director Darcy Anderson sold 3,546 shares of Comfort Systems USA stock in a transaction that occurred 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 directly owns 37,193 shares in the company, valued at $12,503,914.67. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Pablo G. Mercado sold 2,500 shares of Comfort Systems USA 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 completion of the sale, the director now owns 9,036 shares of the company’s stock, valued at $3,699,880.56. 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 quarter, insiders sold 26,591 shares of company stock worth $9,892,415. 1.80% of the stock is currently owned by insiders.

Analyst Ratings Changes

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

Comfort Systems USA Company 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.