Comfort Systems USA, Inc. $FIX Stock Holdings Increased by GoalVest Advisory LLC

GoalVest Advisory LLC increased its stake in Comfort Systems USA, Inc. (NYSE:FIX) by 213,045.5% during the 3rd quarter, Holdings Channel reports. The fund owned 46,892 shares of the construction company’s stock after purchasing an additional 46,870 shares during the quarter. GoalVest Advisory LLC’s holdings in Comfort Systems USA were worth $83,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Jones Financial Companies Lllp acquired a new stake in Comfort Systems USA in the 2nd quarter valued at about $26,000. Avalon Trust Co acquired a new position in shares of Comfort Systems USA during the second quarter worth about $32,000. Field & Main Bank acquired a new position in shares of Comfort Systems USA during the second quarter worth about $32,000. Carolina Wealth Advisors LLC increased its stake in shares of Comfort Systems USA by 63.6% during the second quarter. Carolina Wealth Advisors LLC now owns 18 shares of the construction company’s stock worth $36,000 after buying an additional 7 shares during the period. Finally, JNBA Financial Advisors purchased a new stake in shares of Comfort Systems USA during the second quarter worth approximately $42,000. 96.51% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on FIX shares. Zacks Research upgraded shares of Comfort Systems USA from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 28th. DA Davidson assumed coverage on shares of Comfort Systems USA in a research report on Friday, August 21st. They issued a “buy” rating and a $2,100.00 price objective on the stock. Weiss Ratings lowered shares of Comfort Systems USA from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, September 11th. Erste Group Bank cut shares of Comfort Systems USA from a “buy” rating to a “hold” rating in a research report on Wednesday, July 15th. Finally, KeyCorp increased their target price on Comfort Systems USA from $2,004.00 to $2,110.00 and gave the company an “overweight” rating in a report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Comfort Systems USA currently has a consensus rating of “Buy” and a consensus target price of $2,082.86.

Comfort Systems USA Stock Up 3.7%

FIX stock traded up $62.34 during trading on Friday, hitting $1,747.63. 120,402 shares of the company’s stock were exchanged, compared to its average volume of 433,165. The business has a 50-day moving average price of $1,654.28 and a two-hundred day moving average price of $1,712.72. The company has a current ratio of 1.21, a quick ratio of 1.19 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $61.50 billion, a price-to-earnings ratio of 42.93 and a beta of 1.66. Comfort Systems USA, Inc. has a 52-week low of $770.47 and a 52-week high of $2,073.99.

Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings results on Thursday, July 23rd. The construction company reported $12.53 EPS for the quarter, beating the consensus estimate of $10.45 by $2.08. The company had revenue of $3.27 billion for the quarter, compared to analyst estimates of $2.99 billion. Comfort Systems USA had a net margin of 12.77% and a return on equity of 53.55%. The firm’s revenue was up 50.3% on a year-over-year basis. During the same period in the prior year, the firm posted $6.53 earnings per share. As a group, equities research analysts expect that Comfort Systems USA, Inc. will post 48.15 EPS for the current year.

Comfort Systems USA Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 24th. Investors of record on Thursday, August 13th were given a $0.90 dividend. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.80. The ex-dividend date of this dividend was Thursday, August 13th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 0.2%. Comfort Systems USA’s payout ratio is 8.85%.

Insider Buying and Selling

In related news, Director Franklin Myers sold 4,000 shares of Comfort Systems USA stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $1,693.92, for a total transaction of $6,775,680.00. Following the sale, the director directly owned 8,495 shares in the company, valued at $14,389,850.40. This trade represents a 32.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Brian Lane sold 16,024 shares of the company’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $1,608.21, for a total transaction of $25,769,957.04. Following the completion of the transaction, the insider owned 145,065 shares of the company’s stock, valued at $233,294,983.65. This represents a 9.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 26,078 shares of company stock worth $43,211,828 in the last ninety days. 1.24% of the stock is owned by corporate insiders.

About Comfort Systems USA

Comfort Systems USA, Inc (NYSE:FIX) provides mechanical, electrical, and other contracting services for commercial, industrial, and institutional customers. Its work supports the construction, renovation, and ongoing operation of facilities such as office buildings, hospitals, schools, data centers, manufacturing plants, and other complex infrastructure.

The company’s services include heating, ventilation, and air conditioning; plumbing and piping; electrical contracting; building automation and controls; and related specialty services.