Comfort Systems USA, Inc. (NYSE:FIX) Director Sells $1,192,129.74 in Stock

Comfort Systems USA, Inc. (NYSE:FIX) Director Darcy Anderson sold 3,546 shares of Comfort Systems USA stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $336.19, for a total value of $1,192,129.74. Following the sale, the director now directly owns 37,193 shares in the company, valued at $12,503,914.67. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Comfort Systems USA Trading Up 1.8 %

Shares of FIX stock opened at $353.70 on Friday. The firm has a fifty day moving average of $318.12 and a 200-day moving average of $312.64. The stock has a market cap of $12.63 billion, a price-to-earnings ratio of 35.02 and a beta of 1.15. Comfort Systems USA, Inc. has a 52-week low of $151.89 and a 52-week high of $359.33. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.97 and a current ratio of 1.00.

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

Comfort Systems USA Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 12th were given a dividend of $0.30 per share. The ex-dividend date was Monday, August 12th. This represents a $1.20 annualized dividend and a dividend yield of 0.34%. Comfort Systems USA’s dividend payout ratio (DPR) is presently 11.88%.

Institutional Trading of Comfort Systems USA

A number of large investors have recently bought and sold shares of FIX. Capital World Investors lifted its holdings 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. Westfield Capital Management Co. LP bought a new position in Comfort Systems USA during the 4th quarter valued at about $87,733,000. Norges Bank acquired a new position in Comfort Systems USA in the fourth quarter valued at about $81,299,000. Millennium Management LLC grew its stake in Comfort Systems USA by 477.9% during the second quarter. Millennium Management LLC now owns 342,724 shares of the construction company’s stock worth $104,229,000 after buying an additional 283,416 shares during the last quarter. Finally, Hennessy Advisors Inc. acquired a new stake in shares of Comfort Systems USA during the fourth quarter worth approximately $30,151,000. 96.51% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

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.