Harvest Fund Management Co. Ltd Sells 270 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Harvest Fund Management Co. Ltd lessened its position in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 12.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,972 shares of the construction company’s stock after selling 270 shares during the period. Harvest Fund Management Co. Ltd’s holdings in Comfort Systems USA were worth $406,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of FIX. State Board of Administration of Florida Retirement System grew its holdings in Comfort Systems USA by 0.6% in the third quarter. State Board of Administration of Florida Retirement System now owns 10,115 shares of the construction company’s stock worth $1,724,000 after purchasing an additional 60 shares during the period. Portside Wealth Group LLC grew its holdings in shares of Comfort Systems USA by 3.6% during the third quarter. Portside Wealth Group LLC now owns 2,157 shares of the construction company’s stock valued at $368,000 after buying an additional 74 shares during the last quarter. Sound View Wealth Advisors Group LLC grew its holdings in shares of Comfort Systems USA by 5.5% during the third quarter. Sound View Wealth Advisors Group LLC now owns 1,434 shares of the construction company’s stock valued at $244,000 after buying an additional 75 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its holdings in shares of Comfort Systems USA by 7.4% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 1,463 shares of the construction company’s stock valued at $249,000 after buying an additional 101 shares during the last quarter. Finally, Diversified Trust Co grew its holdings in shares of Comfort Systems USA by 2.0% during the third quarter. Diversified Trust Co now owns 5,575 shares of the construction company’s stock valued at $950,000 after buying an additional 109 shares during the last quarter. Institutional investors own 96.51% of the company’s stock.

Comfort Systems USA Stock Performance

FIX stock traded up $0.22 during mid-day trading on Wednesday, hitting $308.69. The company had a trading volume of 330,589 shares, compared to its average volume of 349,888. The firm has a market cap of $11.02 billion, a PE ratio of 34.22 and a beta of 1.19. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.07 and a current ratio of 1.11. Comfort Systems USA, Inc. has a 12 month low of $129.77 and a 12 month high of $335.25. The stock’s fifty day moving average price is $299.79 and its two-hundred day moving average price is $232.43.

Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings data on Friday, February 23rd. The construction company reported $2.55 EPS for the quarter, topping the consensus estimate of $2.15 by $0.40. Comfort Systems USA had a net margin of 6.21% and a return on equity of 26.99%. The business had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.33 billion. During the same quarter in the previous year, the firm posted $1.54 earnings per share. The company’s revenue for the quarter was up 21.5% on a year-over-year basis. On average, analysts forecast that Comfort Systems USA, Inc. will post 11.42 earnings per share for the current fiscal year.

Comfort Systems USA Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 19th. Stockholders of record on Friday, March 8th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.32%. The ex-dividend date of this dividend was Thursday, March 7th. Comfort Systems USA’s dividend payout ratio (DPR) is currently 11.11%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on FIX shares. StockNews.com upgraded shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a report on Thursday, April 4th. KeyCorp initiated coverage on shares of Comfort Systems USA in a report on Wednesday, January 10th. They set a “sector weight” rating for the company. DA Davidson boosted their price target on shares of Comfort Systems USA from $200.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, February 28th. Finally, UBS Group boosted their price target on shares of Comfort Systems USA from $208.00 to $254.00 and gave the stock a “neutral” rating in a report on Thursday, February 15th.

Insider Activity

In related news, CFO William George III sold 8,429 shares of the business’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $278.95, for a total transaction of $2,351,269.55. Following the completion of the transaction, the chief financial officer now owns 62,471 shares of the company’s stock, valued at $17,426,285.45. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, insider Brian E. Lane sold 16,000 shares of the stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $312.13, for a total value of $4,994,080.00. Following the completion of the transaction, the insider now directly owns 227,926 shares in the company, valued at approximately $71,142,542.38. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO William George III sold 8,429 shares of the stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $278.95, for a total transaction of $2,351,269.55. Following the completion of the transaction, the chief financial officer now owns 62,471 shares of the company’s stock, valued at $17,426,285.45. The disclosure for this sale can be found here. Insiders have sold a total of 46,614 shares of company stock valued at $13,739,345 over the last quarter. Company insiders own 1.80% 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.