Sanctuary Advisors LLC Acquires New Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

Sanctuary Advisors LLC bought a new position in shares of Comfort Systems USA, Inc. (NYSE:FIX) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,991 shares of the construction company’s stock, valued at approximately $601,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Teachers Retirement System of The State of Kentucky grew its stake in shares of Comfort Systems USA by 3.0% during the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 19,716 shares of the construction company’s stock valued at $4,055,000 after buying an additional 565 shares during the period. American International Group Inc. grew its stake in Comfort Systems USA by 237.0% during the fourth quarter. American International Group Inc. now owns 65,559 shares of the construction company’s stock worth $13,484,000 after buying an additional 46,108 shares during the period. Goldman Sachs Group Inc. increased its position in shares of Comfort Systems USA by 73.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 269,068 shares of the construction company’s stock worth $55,339,000 after acquiring an additional 114,115 shares in the last quarter. HighPoint Advisor Group LLC purchased a new position in shares of Comfort Systems USA in the 4th quarter valued at $434,000. Finally, Kapitalo Investimentos Ltda purchased a new position in shares of Comfort Systems USA in the 4th quarter valued at $266,000. Hedge funds and other institutional investors own 96.51% of the company’s stock.

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 stock was sold at an average price of $336.19, for a total transaction of $1,192,129.74. Following the completion of the sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Comfort Systems USA news, Director Darcy Anderson sold 3,546 shares of the stock in a transaction 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 transaction, the director now directly owns 37,193 shares in the company, valued at $12,503,914.67. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Brian E. Lane sold 15,000 shares of the business’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 sale, the insider now directly owns 219,205 shares of the company’s stock, valued at $72,239,007.75. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 24,391 shares of company stock worth $8,076,855. 1.80% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

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

Comfort Systems USA Stock Up 0.7 %

NYSE FIX opened at $418.76 on Tuesday. The company has a quick ratio of 0.97, a current ratio of 1.00 and a debt-to-equity ratio of 0.05. Comfort Systems USA, Inc. has a fifty-two week low of $151.89 and a fifty-two week high of $424.43. The business has a 50 day moving average price of $354.64 and a two-hundred day moving average price of $329.65. The stock has a market cap of $14.96 billion, a PE ratio of 41.46 and a beta of 1.13.

Comfort Systems USA (NYSE:FIX) last announced its earnings results on Thursday, July 25th. The construction company reported $3.74 earnings per share for the quarter, beating the consensus estimate 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 period in the prior year, the firm earned $1.93 earnings per share. The business’s quarterly revenue was up 39.6% compared to the same quarter last year. As a group, sell-side analysts predict 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 dividend on an annualized basis and a dividend yield of 0.29%. The ex-dividend date was Monday, August 12th. Comfort Systems USA’s payout ratio is 11.88%.

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.