Earned Wealth Advisors LLC Invests $411,000 in Comfort Systems USA, Inc. $FIX

Earned Wealth Advisors LLC bought a new position in shares of Comfort Systems USA, Inc. (NYSE:FIX) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 766 shares of the construction company’s stock, valued at approximately $411,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FIX. Ameritas Advisory Services LLC bought a new stake in shares of Comfort Systems USA in the 2nd quarter worth about $27,000. Stone House Investment Management LLC acquired a new position in Comfort Systems USA in the first quarter valued at about $31,000. Whittier Trust Co. of Nevada Inc. grew its stake in Comfort Systems USA by 54.4% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 105 shares of the construction company’s stock worth $34,000 after buying an additional 37 shares during the last quarter. Tradewinds Capital Management LLC grew its stake in Comfort Systems USA by 37.8% during the second 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. Finally, Brooklyn Investment Group increased its holdings in shares of Comfort Systems USA by 259.4% during the first quarter. Brooklyn Investment Group now owns 115 shares of the construction company’s stock worth $37,000 after buying an additional 83 shares in the last quarter. 96.51% of the stock is owned by institutional investors.

Comfort Systems USA Stock Down 4.7%

Shares of NYSE FIX opened at $963.36 on Friday. Comfort Systems USA, Inc. has a 1 year low of $276.44 and a 1 year high of $1,020.26. The firm has a market capitalization of $33.98 billion, a PE ratio of 40.79 and a beta of 1.58. The company has a current ratio of 1.22, a quick ratio of 1.20 and a debt-to-equity ratio of 0.06. The firm’s 50-day moving average is $800.36 and its 200-day moving average is $618.26.

Comfort Systems USA (NYSE:FIX) last released its earnings results on Monday, August 15th. The construction company reported $0.90 EPS for the quarter. The firm had revenue of $713.90 million during the quarter. Comfort Systems USA had a net margin of 10.06% and a return on equity of 43.59%. Equities analysts expect that Comfort Systems USA, Inc. will post 16.85 EPS for the current year.

Comfort Systems USA Increases Dividend

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

Insiders Place Their Bets

In other Comfort Systems USA news, CAO Julie Shaeff sold 1,369 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $11,288,203.50. This represents a 7.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Brian E. Lane sold 10,000 shares of the business’s stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $691.74, for a total value of $6,917,400.00. Following the transaction, the insider owned 188,046 shares of the company’s stock, valued at $130,078,940.04. The trade was a 5.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 24,883 shares of company stock valued at $18,071,151 in the last ninety days. 1.59% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts have recently commented on the company. William Blair started coverage on Comfort Systems USA in a report on Thursday, September 11th. They issued an “outperform” rating on the stock. Zacks Research upgraded Comfort Systems USA from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Northcoast Research downgraded shares of Comfort Systems USA from a “buy” rating to a “neutral” rating in a research report on Monday, July 28th. DA Davidson set a $810.00 price objective on shares of Comfort Systems USA in a report on Friday, October 24th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Comfort Systems USA in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $819.20.

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.