Comfort Systems USA, Inc. (NYSE:FIX) Director Darcy Anderson Sells 3,000 Shares

Comfort Systems USA, Inc. (NYSE:FIX) Director Darcy Anderson sold 3,000 shares of Comfort Systems USA stock in a transaction on Wednesday, May 7th. The shares were sold at an average price of $431.66, for a total value of $1,294,980.00. Following the transaction, the director now owns 34,193 shares in the company, valued at approximately $14,759,750.38. This trade represents a 8.07 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Comfort Systems USA Stock Performance

Shares of FIX opened at $435.86 on Friday. Comfort Systems USA, Inc. has a one year low of $272.93 and a one year high of $553.09. The company has a 50-day moving average of $357.21 and a two-hundred day moving average of $412.60. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02. The stock has a market cap of $15.37 billion, a price-to-earnings ratio of 29.83 and a beta of 1.48.

Comfort Systems USA (NYSE:FIX) last posted its quarterly earnings data on Thursday, April 24th. The construction company reported $4.75 EPS for the quarter, topping analysts’ consensus estimates of $3.66 by $1.09. The firm had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.77 billion. Comfort Systems USA had a net margin of 7.43% and a return on equity of 35.28%. The company’s revenue was up 19.1% on a year-over-year basis. During the same quarter last year, the business posted $2.69 EPS. On average, equities research analysts expect that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current year.

Comfort Systems USA Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Friday, May 16th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Friday, May 16th. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.40. This represents a $1.80 dividend on an annualized basis and a yield of 0.41%. Comfort Systems USA’s dividend payout ratio (DPR) is presently 10.80%.

Analyst Ratings Changes

FIX has been the topic of several research reports. DA Davidson boosted their price target on shares of Comfort Systems USA from $440.00 to $465.00 and gave the stock a “buy” rating in a research report on Monday, April 28th. Stifel Nicolaus dropped their target price on shares of Comfort Systems USA from $577.00 to $471.00 and set a “buy” rating on the stock in a report on Monday, February 24th. Sidoti raised shares of Comfort Systems USA from a “neutral” rating to a “buy” rating and set a $552.00 target price for the company in a research note on Monday, February 24th. Finally, StockNews.com lowered shares of Comfort Systems USA from a “buy” rating to a “hold” rating in a research report on Thursday, April 17th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $517.60.

Hedge Funds Weigh In On Comfort Systems USA

A number of large investors have recently made changes to their positions in the business. Tradewinds Capital Management LLC lifted its position in Comfort Systems USA by 49.1% in the 1st quarter. Tradewinds Capital Management LLC now owns 82 shares of the construction company’s stock worth $26,000 after buying an additional 27 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its position in Comfort Systems USA by 28.6% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 126 shares of the construction company’s stock worth $53,000 after purchasing an additional 28 shares during the last quarter. Dakota Wealth Management lifted its holdings in shares of Comfort Systems USA by 3.8% during the 4th quarter. Dakota Wealth Management now owns 788 shares of the construction company’s stock valued at $334,000 after buying an additional 29 shares during the last quarter. Private Trust Co. NA grew its stake in shares of Comfort Systems USA by 41.3% in the 4th quarter. Private Trust Co. NA now owns 106 shares of the construction company’s stock valued at $45,000 after buying an additional 31 shares in the last quarter. Finally, Trust Point Inc. increased its holdings in Comfort Systems USA by 1.8% in the fourth quarter. Trust Point Inc. now owns 1,827 shares of the construction company’s stock worth $775,000 after buying an additional 32 shares during the last quarter. Institutional investors and hedge funds own 96.51% of the company’s stock.

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.