nVerses Capital LLC Buys Shares of 2,300 Comfort Systems USA, Inc. (NYSE:FIX)

nVerses Capital LLC purchased a new stake in Comfort Systems USA, Inc. (NYSE:FIX) in the third quarter, HoldingsChannel reports. The firm purchased 2,300 shares of the construction company’s stock, valued at approximately $898,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Comfort Systems USA in the 3rd quarter valued at approximately $38,000. Opal Wealth Advisors LLC acquired a new position in shares of Comfort Systems USA in the second quarter worth approximately $41,000. Rise Advisors LLC acquired a new position in shares of Comfort Systems USA in the first quarter worth approximately $44,000. Contravisory Investment Management Inc. lifted its stake in shares of Comfort Systems USA by 126.9% in the third quarter. Contravisory Investment Management Inc. now owns 152 shares of the construction company’s stock worth $59,000 after acquiring an additional 85 shares during the period. Finally, Headlands Technologies LLC acquired a new position in shares of Comfort Systems USA in the first quarter worth approximately $65,000. 96.51% of the stock is owned by institutional investors.

Insider Activity at Comfort Systems USA

In other Comfort Systems USA news, CFO William George III sold 5,845 shares of Comfort Systems USA stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $332.16, for a total value of $1,941,475.20. Following the transaction, the chief financial officer now directly owns 55,099 shares of the company’s stock, valued at $18,301,683.84. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, insider Brian E. Lane sold 15,000 shares of the company’s stock in a transaction dated Wednesday, August 14th. The stock was sold at an average price of $329.55, for a total value of $4,943,250.00. Following the completion of the transaction, the insider now owns 219,205 shares of the company’s stock, valued at $72,239,007.75. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO William George III sold 5,845 shares of the company’s stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of $332.16, for a total value of $1,941,475.20. Following the completion of the transaction, the chief financial officer now directly owns 55,099 shares of the company’s stock, valued at approximately $18,301,683.84. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 24,391 shares of company stock valued at $8,076,855. Corporate insiders own 1.80% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded Comfort Systems USA from a “hold” rating to a “buy” rating in a report on Saturday, October 12th.

Comfort Systems USA Stock Performance

Shares of FIX stock traded up $2.84 on Thursday, hitting $417.51. 43,474 shares of the stock were exchanged, compared to its average volume of 382,412. The company has a current ratio of 1.00, a quick ratio of 0.97 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $14.91 billion, a PE ratio of 41.06 and a beta of 1.13. Comfort Systems USA, Inc. has a one year low of $151.89 and a one year high of $424.43. The firm’s 50 day moving average is $359.01 and its two-hundred day moving average is $330.91.

Comfort Systems USA (NYSE:FIX) last posted its quarterly earnings results on Thursday, July 25th. The construction company reported $3.74 earnings per share for the quarter, topping the consensus estimate of $3.14 by $0.60. Comfort Systems USA had a return on equity of 31.49% and a net margin of 7.02%. The company had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.69 billion. During the same quarter in the prior year, the company earned $1.93 EPS. The firm’s quarterly revenue was up 39.6% compared to the same quarter last year. Sell-side analysts expect that Comfort Systems USA, Inc. will post 13.79 earnings per share for the current fiscal year.

Comfort Systems USA Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 12th were issued a dividend of $0.30 per share. The ex-dividend date was Monday, August 12th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.29%. Comfort Systems USA’s dividend payout ratio is 11.88%.

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.