Comfort Systems USA, Inc. (NYSE:FIX) Shares Acquired by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. raised its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 482.2% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,448 shares of the construction company’s stock after purchasing an additional 3,684 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Comfort Systems USA were worth $1,353,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of FIX. GAMMA Investing LLC grew its position in shares of Comfort Systems USA by 13.6% during the second quarter. GAMMA Investing LLC now owns 351 shares of the construction company’s stock worth $107,000 after buying an additional 42 shares in the last quarter. V Square Quantitative Management LLC acquired a new position in Comfort Systems USA during the 1st quarter worth $25,000. CWM LLC raised its stake in shares of Comfort Systems USA by 60.3% in the 2nd quarter. CWM LLC now owns 218 shares of the construction company’s stock valued at $66,000 after purchasing an additional 82 shares in the last quarter. Lifestyle Asset Management Inc. lifted its position in shares of Comfort Systems USA by 9.6% during the second quarter. Lifestyle Asset Management Inc. now owns 1,107 shares of the construction company’s stock worth $337,000 after purchasing an additional 97 shares during the last quarter. Finally, Freedom Day Solutions LLC lifted its position in shares of Comfort Systems USA by 1.2% during the first quarter. Freedom Day Solutions LLC now owns 8,552 shares of the construction company’s stock worth $2,717,000 after purchasing an additional 98 shares during the last quarter. 96.51% of the stock is currently owned by hedge funds and other institutional investors.

Comfort Systems USA Stock Down 0.3 %

FIX stock opened at $313.98 on Thursday. The firm has a market cap of $11.22 billion, a price-to-earnings ratio of 31.09 and a beta of 1.15. Comfort Systems USA, Inc. has a 1-year low of $151.89 and a 1-year high of $359.33. The firm has a fifty day moving average price of $318.72 and a two-hundred day moving average price of $314.80. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.00 and a quick ratio of 0.97.

Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings data 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. Comfort Systems USA had a net margin of 7.02% and a return on equity of 31.49%. The business had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.69 billion. During the same quarter in the prior year, the firm earned $1.93 EPS. The company’s revenue for the quarter was up 39.6% compared to the same quarter last year. Research analysts predict that Comfort Systems USA, Inc. will post 13.19 EPS for the current year.

Comfort Systems USA Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 12th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 0.38%. The ex-dividend date of this dividend was Monday, August 12th. Comfort Systems USA’s dividend payout ratio (DPR) is 11.88%.

Analyst Upgrades and Downgrades

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

Insider Activity at Comfort Systems USA

In other Comfort Systems USA news, insider Brian E. Lane sold 15,000 shares of the stock in a transaction on Wednesday, August 14th. The stock was sold at an average price of $329.55, for a total value of $4,943,250.00. Following the sale, the insider now directly owns 219,205 shares of the company’s stock, valued at $72,239,007.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, Director Darcy Anderson sold 3,546 shares of Comfort Systems USA stock in a transaction dated 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 sale, the director now directly owns 37,193 shares in the company, valued at approximately $12,503,914.67. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Brian E. Lane sold 15,000 shares of the company’s stock in a transaction dated 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 transaction, the insider now owns 219,205 shares of the company’s stock, valued at approximately $72,239,007.75. The disclosure for this sale can be found here. Insiders sold 24,391 shares of company stock worth $8,076,855 in the last 90 days. 1.80% of the stock is currently owned by company insiders.

About Comfort Systems USA

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.