Cetera Investment Advisers Raises Position in Comfort Systems USA, Inc. (NYSE:FIX)

Cetera Investment Advisers increased its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 3.0% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 6,308 shares of the construction company’s stock after acquiring an additional 186 shares during the quarter. Cetera Investment Advisers’ holdings in Comfort Systems USA were worth $1,918,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. GAMMA Investing LLC raised its holdings in shares of Comfort Systems USA by 13.6% in the second quarter. GAMMA Investing LLC now owns 351 shares of the construction company’s stock valued at $107,000 after purchasing an additional 42 shares during the last quarter. Caprock Group LLC grew its holdings in shares of Comfort Systems USA by 9.8% in the second quarter. Caprock Group LLC now owns 705 shares of the construction company’s stock valued at $214,000 after acquiring an additional 63 shares in the last quarter. Sunbelt Securities Inc. increased its position in shares of Comfort Systems USA by 22.0% during the second quarter. Sunbelt Securities Inc. now owns 350 shares of the construction company’s stock valued at $106,000 after acquiring an additional 63 shares during the last quarter. CWM LLC lifted its holdings in Comfort Systems USA by 60.3% during the second quarter. CWM LLC now owns 218 shares of the construction company’s stock worth $66,000 after acquiring an additional 82 shares during the period. Finally, Lifestyle Asset Management Inc. boosted its position in Comfort Systems USA by 9.6% in 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. 96.51% of the stock is owned by hedge funds and other institutional investors.

Comfort Systems USA Stock Up 2.1 %

Shares of NYSE FIX opened at $415.67 on Monday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.00 and a quick ratio of 0.97. The stock has a market capitalization of $14.85 billion, a PE ratio of 41.16 and a beta of 1.13. Comfort Systems USA, Inc. has a one year low of $151.89 and a one year high of $417.80. The business’s fifty day moving average price is $352.29 and its 200-day moving average price is $328.86.

Comfort Systems USA (NYSE:FIX) last issued its earnings results on Thursday, July 25th. The construction company reported $3.74 earnings per share for the quarter, topping analysts’ consensus estimates of $3.14 by $0.60. The firm had revenue of $1.81 billion during the quarter, compared to analyst estimates of $1.69 billion. Comfort Systems USA had a net margin of 7.02% and a return on equity of 31.49%. The company’s quarterly revenue was up 39.6% on a year-over-year basis. During the same quarter last year, the business earned $1.93 earnings per share. On average, equities research analysts anticipate that Comfort Systems USA, Inc. will post 13.79 EPS for the current year.

Comfort Systems USA Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Shareholders 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 0.29%. Comfort Systems USA’s dividend payout ratio is currently 11.88%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a report on Saturday.

Insider Transactions at Comfort Systems USA

In related news, Director Darcy Anderson sold 3,546 shares of the stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $336.19, for a total transaction of $1,192,129.74. Following the sale, the director now owns 37,193 shares of the company’s stock, valued at approximately $12,503,914.67. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Comfort Systems USA news, Director Darcy Anderson sold 3,546 shares of the firm’s stock in a transaction on 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 completion of the transaction, the director now directly owns 37,193 shares of the company’s stock, valued at $12,503,914.67. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO William George III sold 5,845 shares of the company’s stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $332.16, for a total transaction of $1,941,475.20. Following the completion of the transaction, the chief financial officer now directly owns 55,099 shares in the company, valued at approximately $18,301,683.84. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 24,391 shares of company stock valued at $8,076,855 over the last three months. Company insiders own 1.80% of the company’s stock.

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.