Comfort Systems USA, Inc. (NYSE:FIX) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. decreased its position in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 58.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,261 shares of the construction company’s stock after selling 59,978 shares during the period. Victory Capital Management Inc. owned about 0.12% of Comfort Systems USA worth $13,157,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. V Square Quantitative Management LLC acquired a new stake in shares of Comfort Systems USA during the first quarter worth about $25,000. Opal Wealth Advisors LLC acquired a new stake in Comfort Systems USA during the 2nd quarter worth approximately $41,000. Rise Advisors LLC purchased a new position in Comfort Systems USA in the 1st quarter valued at approximately $44,000. National Bank of Canada FI increased its position in shares of Comfort Systems USA by 236.5% during the second quarter. National Bank of Canada FI now owns 212 shares of the construction company’s stock worth $62,000 after acquiring an additional 149 shares during the period. Finally, Headlands Technologies LLC acquired a new stake in shares of Comfort Systems USA in the first quarter valued at $65,000. 96.51% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Comfort Systems USA news, Director Darcy Anderson sold 3,546 shares of the firm’s stock in a transaction that occurred on Tuesday, August 27th. The shares were 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 $12,503,914.67. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, Director Darcy Anderson sold 3,546 shares of the business’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 completion of the sale, the director now directly owns 37,193 shares of the company’s stock, valued at approximately $12,503,914.67. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO William George III sold 5,845 shares of the firm’s stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $332.16, for a total value of $1,941,475.20. Following the transaction, the chief financial officer now owns 55,099 shares in the company, valued at approximately $18,301,683.84. The disclosure for this sale can be found here. Insiders sold a total of 24,391 shares of company stock worth $8,076,855 over the last 90 days. 1.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

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

Comfort Systems USA Trading Up 2.6 %

NYSE FIX opened at $347.70 on Friday. Comfort Systems USA, Inc. has a 52 week low of $151.89 and a 52 week high of $359.33. The firm has a 50 day moving average of $321.16 and a two-hundred day moving average of $317.53. The company has a quick ratio of 0.97, a current ratio of 1.00 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $12.41 billion, a PE ratio of 34.43 and a beta of 1.13.

Comfort Systems USA (NYSE:FIX) last issued its earnings results on Thursday, July 25th. The construction company reported $3.74 EPS for the quarter, topping 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 firm had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.69 billion. During the same quarter in the previous year, the firm posted $1.93 earnings per share. The company’s revenue was up 39.6% compared to the same quarter last year. As a group, research analysts expect that Comfort Systems USA, Inc. will post 13.79 EPS for the current fiscal year.

Comfort Systems USA Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Stockholders 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 0.35%. The ex-dividend date of this dividend was Monday, August 12th. Comfort Systems USA’s dividend payout ratio (DPR) is presently 11.88%.

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.