Laura Finley Howell Sells 1,000 Shares of Comfort Systems USA (NYSE:FIX) Stock

Comfort Systems USA, Inc. (NYSE:FIX) SVP Laura Finley Howell sold 1,000 shares of the company’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $996.16, for a total transaction of $996,160.00. Following the transaction, the senior vice president directly owned 7,938 shares of the company’s stock, valued at $7,907,518.08. This represents a 11.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Comfort Systems USA Stock Performance

Comfort Systems USA stock traded down $3.60 during trading hours on Friday, hitting $1,001.05. The stock had a trading volume of 193,578 shares, compared to its average volume of 457,775. The company has a market cap of $35.31 billion, a PE ratio of 42.41 and a beta of 1.64. The company has a quick ratio of 1.20, a current ratio of 1.22 and a debt-to-equity ratio of 0.06. Comfort Systems USA, Inc. has a fifty-two week low of $276.44 and a fifty-two week high of $1,020.26. The company has a 50-day moving average of $902.87 and a two-hundred day moving average of $712.85.

Comfort Systems USA (NYSE:FIX) last issued 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 43.59% and a net margin of 10.06%.The firm had revenue of $713.90 million during the quarter. On average, equities research analysts anticipate that Comfort Systems USA, Inc. will post 16.85 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, November 24th. Stockholders of record on Thursday, November 13th were given a dividend of $0.60 per share. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.50. The ex-dividend date was Thursday, November 13th. This represents a $2.40 annualized dividend and a dividend yield of 0.2%. Comfort Systems USA’s dividend payout ratio (DPR) is presently 10.16%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Jones Financial Companies Lllp grew its position in Comfort Systems USA by 2,872,410.3% during the 1st quarter. Jones Financial Companies Lllp now owns 833,028 shares of the construction company’s stock worth $268,510,000 after acquiring an additional 832,999 shares during the last quarter. Norges Bank acquired a new position in Comfort Systems USA in the second quarter worth $256,998,000. AQR Capital Management LLC boosted its stake 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 purchasing an additional 273,453 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its holdings in shares of Comfort Systems USA by 299.2% during the first quarter. Jacobs Levy Equity Management Inc. now owns 319,813 shares of the construction company’s stock worth $103,085,000 after purchasing an additional 239,692 shares during the last quarter. Finally, Nuveen LLC acquired a new stake in shares of Comfort Systems USA in the first quarter valued at $74,634,000. Institutional investors own 96.51% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on FIX shares. Stifel Nicolaus set a $1,069.00 target price on shares of Comfort Systems USA in a research note on Friday, October 24th. Zacks Research upgraded shares of Comfort Systems USA from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 28th. DA Davidson set a $810.00 price objective on Comfort Systems USA in a research note on Friday, October 24th. William Blair assumed coverage on Comfort Systems USA in a report on Thursday, September 11th. They issued an “outperform” rating for the company. Finally, UBS Group boosted their price target on Comfort Systems USA from $875.00 to $1,140.00 and gave the company a “buy” rating in a research note on Monday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $892.75.

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.