Universal Beteiligungs und Servicegesellschaft mbH Sells 4,933 Shares of Comfort Systems USA, Inc. $FIX

Universal Beteiligungs und Servicegesellschaft mbH cut its holdings in Comfort Systems USA, Inc. (NYSE:FIX) by 12.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,645 shares of the construction company’s stock after selling 4,933 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Comfort Systems USA were worth $19,113,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Ameritas Advisory Services LLC purchased a new position in Comfort Systems USA during the 2nd quarter valued at approximately $27,000. Lifestyle Asset Management Inc. boosted its position in shares of Comfort Systems USA by 314.1% during the 2nd quarter. Lifestyle Asset Management Inc. now owns 3,876 shares of the construction company’s stock valued at $2,078,000 after acquiring an additional 2,940 shares during the last quarter. OMNI 360 Wealth Inc. purchased a new position in shares of Comfort Systems USA in the second quarter valued at $298,000. Redhawk Wealth Advisors Inc. increased its position in Comfort Systems USA by 19.2% in the second quarter. Redhawk Wealth Advisors Inc. now owns 5,017 shares of the construction company’s stock worth $2,690,000 after purchasing an additional 809 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in Comfort Systems USA by 40.4% during the second quarter. Janney Montgomery Scott LLC now owns 6,432 shares of the construction company’s stock valued at $3,449,000 after purchasing an additional 1,850 shares in the last quarter. Institutional investors own 96.51% of the company’s stock.

Comfort Systems USA Stock Performance

Comfort Systems USA stock opened at $919.94 on Wednesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.22 and a quick ratio of 1.20. The firm has a market capitalization of $32.45 billion, a P/E ratio of 38.95 and a beta of 1.55. Comfort Systems USA, Inc. has a 1-year low of $276.44 and a 1-year high of $1,020.26. The company’s 50-day moving average is $863.37 and its 200 day moving average is $674.50.

Comfort Systems USA (NYSE:FIX) last announced its earnings results on Monday, August 15th. The construction company reported $0.90 earnings per share (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 during the quarter. Research analysts forecast that Comfort Systems USA, Inc. will post 16.85 EPS for the current year.

Comfort Systems USA Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 24th. Shareholders of record on Thursday, November 13th will be given a $0.60 dividend. 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. This represents a $2.40 annualized dividend and a yield of 0.3%. Comfort Systems USA’s dividend payout ratio is currently 10.16%.

Analyst Ratings Changes

Several research firms have commented on FIX. Northcoast Research lowered shares of Comfort Systems USA from a “buy” rating to a “neutral” rating in a research report on Monday, July 28th. Wall Street Zen raised shares of Comfort Systems USA from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 25th. UBS Group lifted their price target on Comfort Systems USA from $875.00 to $1,140.00 and gave the stock a “buy” rating in a research report on Monday, October 27th. Zacks Research raised Comfort Systems USA from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 28th. Finally, William Blair began coverage on Comfort Systems USA in a research note on Thursday, September 11th. They issued an “outperform” rating for the company. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Comfort Systems USA presently has a consensus rating of “Buy” and a consensus target price of $819.20.

Insiders Place Their Bets

In other news, Director William J. Sandbrook sold 800 shares of Comfort Systems USA stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $733.56, for a total transaction of $586,848.00. Following the completion of the sale, the director directly owned 11,666 shares in the company, valued at approximately $8,557,710.96. This trade represents a 6.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Herman E. Bulls sold 2,000 shares of the business’s stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $1,013.62, for a total transaction of $2,027,240.00. Following the sale, the director directly owned 30,574 shares of the company’s stock, valued at $30,990,417.88. This represents a 6.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 16,078 shares of company stock valued at $15,242,037. 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.