Comfort Systems USA, Inc. (NYSE:FIX) Shares Sold by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. cut its holdings in Comfort Systems USA, Inc. (NYSE:FIX) by 8.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,178 shares of the construction company’s stock after selling 305 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Comfort Systems USA were worth $967,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in FIX. V Square Quantitative Management LLC purchased a new stake in shares of Comfort Systems USA in the first quarter valued at approximately $25,000. Opal Wealth Advisors LLC purchased a new stake in shares of Comfort Systems USA in the second quarter valued at approximately $41,000. Rise Advisors LLC purchased a new stake in shares of Comfort Systems USA in the first quarter valued at approximately $44,000. Spire Wealth Management purchased a new stake in shares of Comfort Systems USA in the fourth quarter valued at approximately $61,000. Finally, Headlands Technologies LLC purchased a new stake in shares of Comfort Systems USA in the first quarter valued at approximately $65,000. 96.51% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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 Stock Up 1.8 %

Shares of FIX opened at $353.52 on Friday. 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, Inc. has a one year low of $151.89 and a one year high of $359.33. The stock has a market capitalization of $12.63 billion, a price-to-earnings ratio of 35.00 and a beta of 1.15. The stock has a 50 day moving average price of $318.12 and a 200 day moving average price of $313.17.

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

Comfort Systems USA Dividend Announcement

The company also recently declared 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. This represents a $1.20 annualized dividend and a dividend yield of 0.34%. The ex-dividend date was Monday, August 12th. Comfort Systems USA’s payout ratio is 11.88%.

Insider Buying and Selling

In related news, insider Brian E. Lane sold 15,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 14th. The stock was sold at an average price of $329.55, for a total transaction of $4,943,250.00. Following the completion of the sale, the insider now directly owns 219,205 shares in the company, valued at $72,239,007.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Brian E. Lane sold 15,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 14th. The stock was sold at an average price of $329.55, for a total transaction of $4,943,250.00. Following the completion of the sale, the insider now directly owns 219,205 shares in the company, valued at $72,239,007.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Vance W. Tang sold 3,473 shares of the business’s stock in a transaction on Wednesday, June 5th. The stock was sold at an average price of $310.00, for a total value of $1,076,630.00. Following the transaction, the director now directly owns 8,198 shares in the company, valued at approximately $2,541,380. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 27,864 shares of company stock worth $9,153,485. 1.80% of the stock is owned by corporate insiders.

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.