Comfort Systems USA Inc. (NYSE:FIX) shares dropped 6.6% on Friday . The stock traded as low as $29.61 and last traded at $29.81, with a volume of 563,320 shares traded. The stock had previously closed at $31.92.

FIX has been the subject of several research analyst reports. Zacks Investment Research upgraded shares of Comfort Systems USA from a “hold” rating to a “strong-buy” rating and set a $38.00 price target for the company in a research report on Tuesday, April 26th. Sidoti downgraded shares of Comfort Systems USA from a “buy” rating to a “neutral” rating and set a $36.00 price target for the company. in a research report on Tuesday, July 12th.

The company’s 50 day moving average price is $31.93 and its 200-day moving average price is $30.46. The firm has a market capitalization of $1.13 billion and a P/E ratio of 21.26.

Comfort Systems USA (NYSE:FIX) last posted its quarterly earnings results on Friday, July 29th. The company reported $0.47 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.04. The business had revenue of $427.50 million for the quarter, compared to analyst estimates of $447.05 million. The firm’s quarterly revenue was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.35 EPS. Analysts expect that Comfort Systems USA Inc. will post $1.69 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 23rd. Stockholders of record on Friday, August 12th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Wednesday, August 10th. This represents a $0.28 annualized dividend and a dividend yield of 0.92%.

In other news, Director James H. Schultz sold 10,000 shares of the business’s stock in a transaction on Thursday, May 12th. The shares were sold at an average price of $31.28, for a total value of $312,800.00. Following the sale, the director now owns 78,737 shares in the company, valued at approximately $2,462,893.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Alan Krusi sold 3,000 shares of the business’s stock in a transaction on Monday, May 2nd. The shares were sold at an average price of $30.69, for a total transaction of $92,070.00. The disclosure for this sale can be found here.

Several large investors have recently modified their holdings of the stock. Trexquant Investment LP purchased a new stake in shares of Comfort Systems USA during the fourth quarter valued at approximately $1,336,000. California State Teachers Retirement System increased its stake in shares of Comfort Systems USA by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 69,181 shares of the company’s stock valued at $1,966,000 after buying an additional 1,245 shares in the last quarter. GSA Capital Partners LLP increased its stake in shares of Comfort Systems USA by 70.8% in the fourth quarter. GSA Capital Partners LLP now owns 72,393 shares of the company’s stock valued at $2,057,000 after buying an additional 29,999 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its stake in shares of Comfort Systems USA by 96.4% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 138,026 shares of the company’s stock valued at $3,923,000 after buying an additional 67,733 shares in the last quarter. Finally, Cornerstone Capital Management Holdings LLC. increased its stake in shares of Comfort Systems USA by 63.3% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 205,244 shares of the company’s stock valued at $5,833,000 after buying an additional 79,544 shares in the last quarter.

Comfort Systems USA, Inc is a provider of mechanical contracting services, which principally includes heating, ventilation and air conditioning (HVAC), plumbing, piping and controls, as well as off-site construction, electrical, monitoring and fire protection. It installs, maintains and repairs products and systems throughout its approximately 35 operating units in 81 cities and 89 locations throughout the United States.

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