Applied Capital LLC FL Purchases Shares of 2,431 Comfort Systems USA, Inc. $FIX

Applied Capital LLC FL purchased a new stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 2,431 shares of the construction company’s stock, valued at approximately $1,304,000.

Several other institutional investors have also added to or reduced their stakes in FIX. Vanguard Group Inc. increased its position in Comfort Systems USA by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 3,802,542 shares of the construction company’s stock valued at $1,225,673,000 after purchasing an additional 21,847 shares during the period. Westfield Capital Management Co. LP lifted its holdings in Comfort Systems USA by 0.5% in the first quarter. Westfield Capital Management Co. LP now owns 889,639 shares of the construction company’s stock worth $286,757,000 after buying an additional 4,512 shares during the period. Jones Financial Companies Lllp lifted its holdings in Comfort Systems USA by 2,872,410.3% in the first quarter. Jones Financial Companies Lllp now owns 833,028 shares of the construction company’s stock worth $268,510,000 after buying an additional 832,999 shares during the period. AQR Capital Management LLC lifted its holdings in Comfort Systems USA by 106.4% in the first quarter. AQR Capital Management LLC now owns 530,428 shares of the construction company’s stock worth $165,228,000 after buying an additional 273,453 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in Comfort Systems USA by 36.4% in the first quarter. JPMorgan Chase & Co. now owns 519,437 shares of the construction company’s stock worth $167,430,000 after buying an additional 138,541 shares during the period. Hedge funds and other institutional investors own 96.51% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on FIX shares. Northcoast Research lowered Comfort Systems USA from a “buy” rating to a “neutral” rating in a research report on Monday, July 28th. Zacks Research lowered Comfort Systems USA from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 26th. William Blair started coverage on Comfort Systems USA in a research report on Thursday, September 11th. They set an “outperform” rating for the company. UBS Group raised their price objective on Comfort Systems USA from $710.00 to $875.00 and gave the company a “buy” rating in a research report on Monday, September 15th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Comfort Systems USA in a research report on Wednesday. Six investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Comfort Systems USA has an average rating of “Moderate Buy” and a consensus price target of $668.60.

Insider Transactions at Comfort Systems USA

In other news, insider Brian E. Lane sold 10,000 shares of the business’s stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $691.74, for a total value of $6,917,400.00. Following the completion of the transaction, the insider owned 188,046 shares in the company, valued at $130,078,940.04. The trade was a 5.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Julie Shaeff sold 1,369 shares of the firm’s stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $704.50, for a total value of $964,460.50. Following the completion of the transaction, the chief accounting officer owned 16,023 shares in the company, valued at approximately $11,288,203.50. This trade represents a 7.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 26,783 shares of company stock valued at $18,710,798. Insiders own 1.59% of the company’s stock.

Comfort Systems USA Trading Down 2.1%

NYSE FIX opened at $817.14 on Friday. Comfort Systems USA, Inc. has a 12 month low of $276.44 and a 12 month high of $858.55. The stock has a market cap of $28.83 billion, a P/E ratio of 41.99 and a beta of 1.58. The stock’s fifty day moving average price is $747.01 and its 200-day moving average price is $562.74. The company has a current ratio of 1.13, a quick ratio of 1.10 and a debt-to-equity ratio of 0.03.

Comfort Systems USA (NYSE:FIX) last released its earnings results on Monday, August 15th. The construction company reported $0.90 EPS for the quarter. Comfort Systems USA had a return on equity of 39.33% and a net margin of 9.01%.The firm had revenue of $713.90 million for the quarter. As a group, equities analysts forecast that Comfort Systems USA, Inc. will post 16.85 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 25th. Stockholders of record on Thursday, August 14th were paid a $0.50 dividend. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.45. This represents a $2.00 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Thursday, August 14th. Comfort Systems USA’s dividend payout ratio (DPR) is presently 10.28%.

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.