Comfort Systems USA, Inc. $FIX Shares Acquired by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lifted its position in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 1.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,989 shares of the construction company’s stock after purchasing an additional 191 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Comfort Systems USA were worth $8,573,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Oppenheimer Asset Management Inc. grew its stake in Comfort Systems USA by 1.5% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 4,049 shares of the construction company’s stock valued at $2,171,000 after acquiring an additional 61 shares during the period. Optimum Investment Advisors grew its stake in Comfort Systems USA by 0.8% in the 2nd quarter. Optimum Investment Advisors now owns 2,988 shares of the construction company’s stock valued at $1,602,000 after acquiring an additional 25 shares during the period. Brighton Jones LLC acquired a new stake in Comfort Systems USA in the 2nd quarter valued at $1,316,000. Focus Partners Advisor Solutions LLC grew its stake in Comfort Systems USA by 114.4% in the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 3,557 shares of the construction company’s stock valued at $1,907,000 after acquiring an additional 1,898 shares during the period. Finally, Peterson Wealth Services grew its stake in Comfort Systems USA by 0.5% in the 2nd quarter. Peterson Wealth Services now owns 19,202 shares of the construction company’s stock valued at $10,296,000 after acquiring an additional 93 shares during the period. Institutional investors and hedge funds own 96.51% of the company’s stock.

Comfort Systems USA Stock Down 0.3%

NYSE FIX opened at $978.28 on Tuesday. Comfort Systems USA, Inc. has a 52 week low of $276.44 and a 52 week high of $1,007.67. The company has a quick ratio of 1.20, a current ratio of 1.22 and a debt-to-equity ratio of 0.06. The business’s fifty day simple moving average is $782.47 and its 200-day simple moving average is $606.73. The firm has a market cap of $34.50 billion, a PE ratio of 41.42 and a beta of 1.58.

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

Comfort Systems USA Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 24th. Stockholders of record on Thursday, November 13th will be issued a dividend of $0.60 per share. The ex-dividend date is Thursday, November 13th. This represents a $2.40 annualized dividend and a dividend yield of 0.2%. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.50. Comfort Systems USA’s payout ratio is presently 8.47%.

Wall Street Analyst Weigh In

FIX has been the topic of a number of research analyst reports. DA Davidson set a $810.00 price target on shares of Comfort Systems USA in a research note on Friday. Stifel Nicolaus set a $1,069.00 price target on shares of Comfort Systems USA in a research note on Friday. Weiss Ratings reissued a “buy (b)” rating on shares of Comfort Systems USA in a research note on Wednesday, October 8th. Zacks Research cut shares of Comfort Systems USA from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 26th. Finally, Wall Street Zen upgraded Comfort Systems USA from a “buy” rating to a “strong-buy” rating in a report on Saturday. Six research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $819.20.

Insider Buying and Selling at Comfort Systems USA

In other news, Director Pablo G. Mercado sold 1,078 shares of Comfort Systems USA stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $695.88, for a total transaction of $750,158.64. Following the transaction, the director owned 6,500 shares in the company, valued at $4,523,220. The trade was a 14.23% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Julie Shaeff sold 1,369 shares of Comfort Systems USA stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $704.50, for a total value of $964,460.50. Following the transaction, the chief accounting officer owned 16,023 shares in the company, valued at approximately $11,288,203.50. This represents a 7.87% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 26,783 shares of company stock worth $18,710,798. Corporate insiders own 1.59% of the company’s stock.

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.