Comfort Systems USA, Inc. (NYSE:FIX) Shares Acquired by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC boosted its holdings in Comfort Systems USA, Inc. (NYSE:FIX) by 5.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,504 shares of the construction company’s stock after acquiring an additional 77 shares during the period. Sequoia Financial Advisors LLC’s holdings in Comfort Systems USA were worth $587,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in FIX. Norden Group LLC raised its holdings in Comfort Systems USA by 1,143.4% in the first quarter. Norden Group LLC now owns 50,545 shares of the construction company’s stock valued at $16,056,000 after buying an additional 46,480 shares during the period. Concurrent Investment Advisors LLC acquired a new stake in Comfort Systems USA during the 1st quarter worth about $550,000. Comerica Bank increased its holdings in shares of Comfort Systems USA by 34.5% in the 1st quarter. Comerica Bank now owns 103,730 shares of the construction company’s stock valued at $32,956,000 after purchasing an additional 26,616 shares during the period. Cetera Advisors LLC acquired a new position in Comfort Systems USA in the first quarter worth approximately $971,000. Finally, Atria Investments Inc bought a new stake in Comfort Systems USA during the first quarter worth approximately $1,192,000. 96.51% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Comfort Systems USA

In related news, Director Darcy Anderson sold 3,546 shares of the firm’s 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 transaction, the director now owns 37,193 shares in the company, valued at $12,503,914.67. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, insider Brian E. Lane sold 15,000 shares of Comfort Systems USA 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 transaction, the insider now owns 219,205 shares in the company, valued at $72,239,007.75. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, 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 transaction, the director now owns 37,193 shares in the company, valued at $12,503,914.67. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 24,391 shares of company stock worth $8,076,855 over the last 90 days. Insiders own 1.80% of the company’s stock.

Comfort Systems USA Stock Down 10.4 %

Shares of FIX stock opened at $370.50 on Friday. 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 fifty day moving average price of $371.25 and a 200 day moving average price of $335.49. Comfort Systems USA, Inc. has a one year low of $152.18 and a one year high of $424.63. The stock has a market cap of $13.22 billion, a P/E ratio of 31.11 and a beta of 1.13.

Comfort Systems USA (NYSE:FIX) last released its quarterly earnings data on Thursday, October 24th. The construction company reported $4.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.05 by $0.04. 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 analyst estimates of $1.84 billion. During the same period in the prior year, the company posted $2.74 earnings per share. The business’s revenue for the quarter was up 31.5% compared to the same quarter last year. Analysts predict that Comfort Systems USA, Inc. will post 13.79 earnings per share for the current year.

Comfort Systems USA Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, November 25th. Investors of record on Thursday, November 14th will be issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 0.38%. The ex-dividend date is Thursday, November 14th. Comfort Systems USA’s dividend payout ratio is 10.08%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Saturday, October 12th.

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.