Blue Trust Inc. Grows Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

Blue Trust Inc. raised its position in Comfort Systems USA, Inc. (NYSE:FIX) by 25.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 780 shares of the construction company’s stock after buying an additional 157 shares during the period. Blue Trust Inc.’s holdings in Comfort Systems USA were worth $248,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the company. Capital World Investors increased its position in shares of Comfort Systems USA by 26.6% during the first quarter. Capital World Investors now owns 2,153,707 shares of the construction company’s stock valued at $684,254,000 after acquiring an additional 451,852 shares during the last quarter. Westfield Capital Management Co. LP purchased a new stake in shares of Comfort Systems USA during the 4th quarter valued at $87,733,000. Norges Bank purchased a new stake in shares of Comfort Systems USA during the 4th quarter valued at $81,299,000. Hennessy Advisors Inc. bought a new stake in shares of Comfort Systems USA during the 4th quarter worth $30,151,000. Finally, Blackstone Inc. purchased a new position in shares of Comfort Systems USA in the 1st quarter worth about $41,302,000. Institutional investors own 96.51% of the company’s stock.

Insider Transactions at Comfort Systems USA

In other Comfort Systems USA news, insider Brian E. Lane sold 15,000 shares of the firm’s stock in a transaction dated Wednesday, August 14th. The stock was sold at an average price of $329.55, for a total transaction of $4,943,250.00. Following the sale, the insider now owns 219,205 shares in the company, valued at $72,239,007.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Vance W. Tang sold 3,473 shares of Comfort Systems USA stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $310.00, for a total value of $1,076,630.00. Following the transaction, the director now directly owns 8,198 shares of the company’s stock, valued at $2,541,380. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Brian E. Lane sold 15,000 shares of the stock in a transaction dated Wednesday, August 14th. The stock was sold at an average price of $329.55, for a total transaction of $4,943,250.00. Following the sale, the insider now owns 219,205 shares of the company’s stock, valued at $72,239,007.75. The disclosure for this sale can be found here. 1.80% of the stock is currently owned by insiders.

Comfort Systems USA Trading Down 2.0 %

Comfort Systems USA stock opened at $330.63 on Monday. The stock has a market cap of $11.81 billion, a P/E ratio of 32.74 and a beta of 1.15. Comfort Systems USA, Inc. has a fifty-two week low of $151.89 and a fifty-two week high of $352.45. The firm’s fifty day moving average price is $313.80 and its 200-day moving average price is $306.23. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.97 and a current ratio of 1.00.

Comfort Systems USA (NYSE:FIX) last issued its quarterly earnings results on Thursday, July 25th. The construction company reported $3.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.69 billion. During the same quarter last year, the company posted $1.93 EPS. The company’s revenue for the quarter was up 39.6% on a year-over-year basis. Equities research analysts forecast that Comfort Systems USA, Inc. will post 13.19 earnings per share for the current fiscal year.

Comfort Systems USA Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 23rd. Stockholders of record on Monday, August 12th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 0.36%. The ex-dividend date of this dividend is Monday, August 12th. Comfort Systems USA’s dividend payout ratio (DPR) is currently 11.88%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Wednesday, June 19th.

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.