Laurion Capital Management LP cut its stake in Comfort Systems USA, Inc. (NYSE:FIX) by 31.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,310 shares of the construction company’s stock after selling 5,700 shares during the quarter. Laurion Capital Management LP’s holdings in Comfort Systems USA were worth $564,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Mount Yale Investment Advisors LLC acquired a new position in shares of Comfort Systems USA during the 1st quarter worth approximately $105,000. Acadian Asset Management LLC acquired a new position in shares of Comfort Systems USA during the 2nd quarter worth approximately $136,000. Sei Investments Co. raised its stake in shares of Comfort Systems USA by 55.9% during the 1st quarter. Sei Investments Co. now owns 3,515 shares of the construction company’s stock worth $145,000 after buying an additional 1,260 shares during the period. Itau Unibanco Holding S.A. acquired a new position in shares of Comfort Systems USA during the 2nd quarter worth approximately $162,000. Finally, SG Americas Securities LLC acquired a new position in shares of Comfort Systems USA during the 1st quarter worth approximately $196,000. 91.02% of the stock is owned by institutional investors.

Shares of FIX opened at $55.55 on Tuesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.34 and a quick ratio of 1.31. Comfort Systems USA, Inc. has a one year low of $34.15 and a one year high of $59.05. The company has a market cap of $2.10 billion, a P/E ratio of 24.89, a PEG ratio of 2.08 and a beta of 1.33.

Comfort Systems USA (NYSE:FIX) last issued its quarterly earnings results on Friday, July 27th. The construction company reported $0.79 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.69 by $0.10. Comfort Systems USA had a return on equity of 19.88% and a net margin of 4.07%. The firm had revenue of $535.00 million during the quarter, compared to analysts’ expectations of $532.25 million. During the same period in the previous year, the business earned $0.48 earnings per share. The firm’s revenue for the quarter was up 15.0% on a year-over-year basis. equities analysts predict that Comfort Systems USA, Inc. will post 2.72 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, August 24th. Investors of record on Monday, August 13th were given a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a dividend yield of 0.61%. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Friday, August 10th. Comfort Systems USA’s payout ratio is presently 19.54%.

FIX has been the subject of several research analyst reports. DA Davidson set a $55.00 target price on Comfort Systems USA and gave the stock a “hold” rating in a research note on Monday, July 30th. Zacks Investment Research upgraded Comfort Systems USA from a “hold” rating to a “buy” rating and set a $54.00 price target for the company in a research report on Tuesday, July 24th. Finally, Sidoti cut Comfort Systems USA from a “buy” rating to a “neutral” rating in a research report on Thursday, June 7th. Four analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. Comfort Systems USA currently has a consensus rating of “Buy” and an average target price of $59.00.

In other Comfort Systems USA news, insider Brian E. Lane sold 29,247 shares of the company’s stock in a transaction on Monday, July 30th. The stock was sold at an average price of $54.37, for a total value of $1,590,159.39. Following the completion of the sale, the insider now directly owns 228,093 shares in the company, valued at approximately $12,401,416.41. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Alan Krusi sold 2,000 shares of the company’s stock in a transaction on Wednesday, August 1st. The shares were sold at an average price of $55.74, for a total value of $111,480.00. The disclosure for this sale can be found here. Insiders have sold 65,153 shares of company stock valued at $3,544,759 over the last quarter. 3.45% of the stock is owned by company insiders.

Comfort Systems USA Profile

Comfort Systems USA, Inc provides mechanical installation, renovation, maintenance, repair, and replacement services for the mechanical services industry in the United States. It is involved in the design, engineering, integration, installation, and start-up of mechanical and related systems; and maintenance, repair, replacement, renovation, expansion, reconfiguration, and monitoring of mechanical systems, including heating, ventilation, and air conditioning (HVAC) systems, as well as industrial process piping.

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Institutional Ownership by Quarter for Comfort Systems USA (NYSE:FIX)

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