Avior Wealth Management LLC Has $1.05 Million Position in Comfort Systems USA, Inc. (NYSE:FIX)

Avior Wealth Management LLC grew its holdings in Comfort Systems USA, Inc. (NYSE:FIX) by 2.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,680 shares of the construction company’s stock after purchasing an additional 60 shares during the quarter. Avior Wealth Management LLC’s holdings in Comfort Systems USA were worth $1,046,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of FIX. CANADA LIFE ASSURANCE Co lifted its stake in shares of Comfort Systems USA by 14.7% during the first quarter. CANADA LIFE ASSURANCE Co now owns 23,896 shares of the construction company’s stock valued at $7,594,000 after acquiring an additional 3,059 shares during the period. Shell Asset Management Co. lifted its stake in shares of Comfort Systems USA by 36.9% during the first quarter. Shell Asset Management Co. now owns 1,581 shares of the construction company’s stock valued at $502,000 after acquiring an additional 426 shares during the period. CreativeOne Wealth LLC acquired a new position in shares of Comfort Systems USA during the first quarter valued at $1,044,000. Axxcess Wealth Management LLC acquired a new position in shares of Comfort Systems USA during the first quarter valued at $206,000. Finally, Capital World Investors lifted its stake in shares of Comfort Systems USA by 26.6% during the first quarter. Capital World Investors now owns 2,153,707 shares of the construction company’s stock valued at $684,254,000 after acquiring an additional 451,852 shares during the period. Institutional investors and hedge funds own 96.51% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on FIX shares. Stifel Nicolaus started coverage on Comfort Systems USA in a report on Friday, November 15th. They issued a “buy” rating and a $524.00 price objective for the company. UBS Group upgraded Comfort Systems USA from a “neutral” rating to a “buy” rating and upped their price objective for the company from $396.00 to $525.00 in a report on Tuesday. Finally, StockNews.com upgraded Comfort Systems USA from a “hold” rating to a “buy” rating in a report on Saturday, October 12th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $466.33.

Insider Activity at Comfort Systems USA

In other Comfort Systems USA news, Director Vance W. Tang sold 2,700 shares of the firm’s stock in a transaction on Monday, October 28th. The stock was sold at an average price of $390.00, for a total transaction of $1,053,000.00. Following the transaction, the director now owns 5,498 shares in the company, valued at $2,144,220. This trade represents a 32.93 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Darcy Anderson sold 3,546 shares of Comfort Systems USA 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 transaction, the director now owns 37,193 shares in the company, valued at approximately $12,503,914.67. The trade was a 8.70 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 35,746 shares of company stock valued at $14,684,140. Insiders own 1.80% of the company’s stock.

Comfort Systems USA Stock Up 0.4 %

Shares of Comfort Systems USA stock opened at $476.49 on Thursday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02. The company has a market capitalization of $16.96 billion, a P/E ratio of 36.46 and a beta of 1.13. Comfort Systems USA, Inc. has a 1 year low of $185.83 and a 1 year high of $481.80. The business has a 50-day moving average of $404.71 and a two-hundred day moving average of $350.57.

Comfort Systems USA (NYSE:FIX) last posted its quarterly earnings data on Thursday, October 24th. The construction company reported $4.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 return on equity of 32.74% and a net margin of 7.18%. Comfort Systems USA’s quarterly revenue was up 31.5% on a year-over-year basis. During the same period last year, the company earned $2.74 earnings per share. As a group, equities analysts predict that Comfort Systems USA, Inc. will post 13.88 EPS for the current year.

Comfort Systems USA Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 25th. Investors of record on Thursday, November 14th will be given a dividend of $0.35 per share. The ex-dividend date is Thursday, November 14th. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.30. This represents a $1.40 annualized dividend and a yield of 0.29%. 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.