Venture Visionary Partners LLC Buys 995 Shares of Comfort Systems USA, Inc. $FIX

Venture Visionary Partners LLC raised its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 17.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,740 shares of the construction company’s stock after purchasing an additional 995 shares during the period. Venture Visionary Partners LLC’s holdings in Comfort Systems USA were worth $5,562,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in FIX. Ameritas Advisory Services LLC purchased a new position in Comfort Systems USA during the 2nd quarter valued at approximately $27,000. Tradewinds Capital Management LLC increased its holdings in shares of Comfort Systems USA by 37.8% in the 2nd quarter. Tradewinds Capital Management LLC now owns 113 shares of the construction company’s stock worth $61,000 after buying an additional 31 shares during the last quarter. Brooklyn Investment Group grew its position in Comfort Systems USA by 259.4% in the first quarter. Brooklyn Investment Group now owns 115 shares of the construction company’s stock worth $37,000 after acquiring an additional 83 shares in the last quarter. Cullen Frost Bankers Inc. raised its position in Comfort Systems USA by 310.7% during the second quarter. Cullen Frost Bankers Inc. now owns 115 shares of the construction company’s stock valued at $62,000 after purchasing an additional 87 shares during the period. Finally, Maseco LLP bought a new stake in shares of Comfort Systems USA in the 2nd quarter valued at approximately $64,000. 96.51% of the stock is owned by institutional investors.

Comfort Systems USA Stock Performance

Shares of NYSE:FIX opened at $967.28 on Tuesday. The firm’s 50 day simple moving average is $926.75 and its 200-day simple moving average is $741.80. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.20 and a current ratio of 1.22. Comfort Systems USA, Inc. has a one year low of $276.44 and a one year high of $1,036.67. The firm has a market cap of $34.12 billion, a PE ratio of 40.95 and a beta of 1.64.

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

Comfort Systems USA Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 24th. Investors of record on Thursday, November 13th were issued a $0.60 dividend. The ex-dividend date was Thursday, November 13th. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.50. This represents a $2.40 annualized dividend and a dividend yield of 0.2%. Comfort Systems USA’s dividend payout ratio is presently 10.16%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on FIX shares. William Blair began coverage on Comfort Systems USA in a research report on Thursday, September 11th. They set an “outperform” rating on the stock. DA Davidson set a $810.00 price objective on shares of Comfort Systems USA in a research note on Friday, October 24th. 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 raised their target price on shares of Comfort Systems USA from $875.00 to $1,140.00 and gave the stock a “buy” rating in a report on Monday, October 27th. Finally, Stifel Nicolaus set a $1,069.00 price target on shares of Comfort Systems USA in a report on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $892.75.

Insider Buying and Selling at Comfort Systems USA

In other news, Director Franklin Myers sold 5,000 shares of the stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $1,006.68, for a total transaction of $5,033,400.00. Following the transaction, the director directly owned 82,901 shares in the company, valued at approximately $83,454,778.68. This trade represents a 5.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Darcy Anderson sold 4,000 shares of the business’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $958.72, for a total transaction of $3,834,880.00. Following the completion of the transaction, the director directly owned 22,535 shares of the company’s stock, valued at $21,604,755.20. This trade represents a 15.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 26,028 shares of company stock worth $25,381,151. 1.59% of the stock is currently owned by company 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.