Dark Forest Capital Management LP Acquires Shares of 1,372 Comfort Systems USA, Inc. (NYSE:FIX)

Dark Forest Capital Management LP bought a new stake in Comfort Systems USA, Inc. (NYSE:FIX) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,372 shares of the construction company’s stock, valued at approximately $417,000.

Other institutional investors have also modified their holdings of the company. GAMMA Investing LLC lifted its holdings 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 purchasing an additional 42 shares during the period. Caprock Group LLC lifted its stake in shares of Comfort Systems USA by 9.8% in the 2nd quarter. Caprock Group LLC now owns 705 shares of the construction company’s stock worth $214,000 after acquiring an additional 63 shares during the period. CWM LLC boosted its holdings in shares of Comfort Systems USA by 60.3% in the second quarter. CWM LLC now owns 218 shares of the construction company’s stock valued at $66,000 after acquiring an additional 82 shares in the last quarter. Lifestyle Asset Management Inc. boosted its holdings in shares of 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 valued at $337,000 after acquiring an additional 97 shares in the last quarter. Finally, State of Michigan Retirement System increased its stake in shares of Comfort Systems USA by 1.2% during the first quarter. State of Michigan Retirement System now owns 8,700 shares of the construction company’s stock worth $2,764,000 after acquiring an additional 100 shares during the period. Institutional investors and hedge funds own 96.51% of the company’s stock.

Wall Street Analyst Weigh In

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

Insider Transactions at Comfort Systems USA

In related news, insider Brian E. Lane sold 15,000 shares of the firm’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 value of $4,943,250.00. Following the completion of the transaction, the insider now directly owns 219,205 shares of the company’s stock, valued at approximately $72,239,007.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other Comfort Systems USA news, insider Brian E. Lane sold 15,000 shares of the company’s 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 owns 219,205 shares of the company’s stock, valued at $72,239,007.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO William George III sold 5,845 shares of Comfort Systems USA stock in a transaction 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 directly owns 55,099 shares of the company’s stock, valued at approximately $18,301,683.84. The disclosure for this sale can be found here. Insiders have sold 24,391 shares of company stock valued at $8,076,855 in the last quarter. 1.80% of the stock is currently owned by corporate insiders.

Comfort Systems USA Trading Down 1.7 %

NYSE:FIX opened at $390.09 on Friday. Comfort Systems USA, Inc. has a 1 year low of $151.89 and a 1 year high of $403.07. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.97 and a current ratio of 1.00. The stock has a fifty day moving average price of $332.84 and a two-hundred day moving average price of $321.82. The stock has a market capitalization of $13.93 billion, a price-to-earnings ratio of 38.62 and a beta of 1.13.

Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings results on Thursday, July 25th. The construction company reported $3.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.14 by $0.60. The business had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.69 billion. Comfort Systems USA had a net margin of 7.02% and a return on equity of 31.49%. The business’s revenue was up 39.6% compared to the same quarter last year. During the same quarter last year, the firm posted $1.93 EPS. As a group, sell-side analysts anticipate that Comfort Systems USA, Inc. will post 13.79 earnings per share for the current fiscal year.

Comfort Systems USA Dividend Announcement

The business also recently declared 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. The ex-dividend date was Monday, August 12th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.31%. Comfort Systems USA’s payout ratio is 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.