Quadrature Capital Ltd Has $810,000 Holdings in Comfort Systems USA, Inc. $FIX

Quadrature Capital Ltd cut its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 68.7% during the second quarter, Holdings Channel reports. The fund owned 1,511 shares of the construction company’s stock after selling 3,314 shares during the period. Quadrature Capital Ltd’s holdings in Comfort Systems USA were worth $810,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of FIX. Jones Financial Companies Lllp boosted its stake in Comfort Systems USA by 2,872,410.3% in the first quarter. Jones Financial Companies Lllp now owns 833,028 shares of the construction company’s stock worth $268,510,000 after purchasing an additional 832,999 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of Comfort Systems USA by 106.4% in the first quarter. AQR Capital Management LLC now owns 530,428 shares of the construction company’s stock valued at $165,228,000 after buying an additional 273,453 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its holdings in shares of Comfort Systems USA by 299.2% in the first quarter. Jacobs Levy Equity Management Inc. now owns 319,813 shares of the construction company’s stock valued at $103,085,000 after buying an additional 239,692 shares during the last quarter. Nuveen LLC acquired a new position in Comfort Systems USA during the 1st quarter worth about $74,634,000. Finally, Artisan Partners Limited Partnership bought a new stake in Comfort Systems USA during the 2nd quarter worth about $114,551,000. Institutional investors own 96.51% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on FIX. Wall Street Zen cut shares of Comfort Systems USA from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 22nd. Zacks Research raised shares of Comfort Systems USA from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 28th. UBS Group boosted their price objective on shares of Comfort Systems USA from $875.00 to $1,140.00 and gave the stock a “buy” rating in a research report on Monday, October 27th. William Blair initiated coverage on Comfort Systems USA in a report on Thursday, September 11th. They set an “outperform” rating on the stock. Finally, Stifel Nicolaus set a $1,069.00 price objective on Comfort Systems USA in a research report on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $892.75.

Comfort Systems USA Stock Down 1.8%

Shares of NYSE:FIX opened at $959.43 on Tuesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.22 and a quick ratio of 1.20. The stock has a market cap of $33.84 billion, a price-to-earnings ratio of 40.62 and a beta of 1.55. The company has a 50 day moving average of $892.62 and a 200-day moving average of $705.87. Comfort Systems USA, Inc. has a one year low of $276.44 and a one year high of $1,020.26.

Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings data on Monday, August 15th. The construction company reported $0.90 earnings per share for the quarter. Comfort Systems USA had a net margin of 10.06% and a return on equity of 43.59%. The business had revenue of $713.90 million for the quarter. On average, sell-side analysts forecast that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current year.

Comfort Systems USA Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 24th. Investors of record on Thursday, November 13th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 0.3%. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend was Thursday, November 13th. Comfort Systems USA’s payout ratio is presently 10.16%.

Insider Buying and Selling at Comfort Systems USA

In other Comfort Systems USA news, Director Darcy Anderson sold 4,000 shares of the stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $958.72, for a total value of $3,834,880.00. Following the transaction, the director owned 22,535 shares of the company’s stock, valued at approximately $21,604,755.20. This represents a 15.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Franklin Myers sold 5,000 shares of the business’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $1,006.68, for a total value of $5,033,400.00. Following the transaction, the director owned 82,901 shares of the company’s stock, valued at $83,454,778.68. The trade was a 5.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 22,158 shares of company stock valued at $21,277,519 over the last quarter. 1.59% of the stock is owned by corporate insiders.

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.