Avior Wealth Management LLC Buys Shares of 1,602 Comfort Systems USA, Inc. (NYSE:FIX)

Avior Wealth Management LLC bought a new stake in Comfort Systems USA, Inc. (NYSE:FIX) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 1,602 shares of the construction company’s stock, valued at approximately $329,000.

A number of other institutional investors also recently bought and sold shares of FIX. Byrne Asset Management LLC bought a new position in shares of Comfort Systems USA in the fourth quarter worth about $26,000. Point72 Asset Management L.P. bought a new position in shares of Comfort Systems USA in the second quarter worth about $35,000. Brown Brothers Harriman & Co. raised its stake in shares of Comfort Systems USA by 2,814.3% in the first quarter. Brown Brothers Harriman & Co. now owns 408 shares of the construction company’s stock worth $36,000 after buying an additional 394 shares during the period. Meeder Asset Management Inc. raised its stake in shares of Comfort Systems USA by 172.9% in the fourth quarter. Meeder Asset Management Inc. now owns 363 shares of the construction company’s stock worth $42,000 after buying an additional 230 shares during the period. Finally, AdvisorNet Financial Inc raised its stake in shares of Comfort Systems USA by 2,410.0% in the third quarter. AdvisorNet Financial Inc now owns 251 shares of the construction company’s stock worth $43,000 after buying an additional 241 shares during the period. Institutional investors own 96.51% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on FIX shares. StockNews.com raised Comfort Systems USA from a “hold” rating to a “buy” rating in a research note on Thursday, April 4th. DA Davidson lifted their target price on Comfort Systems USA from $200.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, February 28th. UBS Group lifted their target price on Comfort Systems USA from $208.00 to $254.00 and gave the company a “neutral” rating in a research note on Thursday, February 15th. Finally, KeyCorp started coverage on Comfort Systems USA in a research note on Wednesday, January 10th. They set a “sector weight” rating on the stock.

Comfort Systems USA Stock Performance

NYSE FIX opened at $290.72 on Friday. The stock has a market capitalization of $10.38 billion, a PE ratio of 32.30 and a beta of 1.19. The business has a 50 day simple moving average of $297.34 and a two-hundred day simple moving average of $229.64. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.11 and a quick ratio of 1.07. Comfort Systems USA, Inc. has a 1-year low of $129.77 and a 1-year high of $335.25.

Comfort Systems USA (NYSE:FIX) last released its quarterly earnings results on Friday, February 23rd. The construction company reported $2.55 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.40. The business had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.33 billion. Comfort Systems USA had a return on equity of 26.99% and a net margin of 6.21%. The firm’s revenue for the quarter was up 21.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.54 EPS. On average, research analysts predict that Comfort Systems USA, Inc. will post 11.42 EPS for the current fiscal year.

Comfort Systems USA Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 19th. Shareholders of record on Friday, March 8th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.34%. The ex-dividend date was Thursday, March 7th. Comfort Systems USA’s dividend payout ratio is presently 11.11%.

Insider Buying and Selling at Comfort Systems USA

In other news, Director Constance Ellen Skidmore sold 3,000 shares of Comfort Systems USA stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $299.96, for a total value of $899,880.00. Following the completion of the transaction, the director now owns 13,787 shares in the company, valued at approximately $4,135,548.52. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, CFO William George III sold 8,429 shares of Comfort Systems USA stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $278.95, for a total value of $2,351,269.55. Following the completion of the transaction, the chief financial officer now owns 62,471 shares in the company, valued at approximately $17,426,285.45. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Constance Ellen Skidmore sold 3,000 shares of Comfort Systems USA stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $299.96, for a total value of $899,880.00. Following the completion of the transaction, the director now owns 13,787 shares of the company’s stock, valued at approximately $4,135,548.52. The disclosure for this sale can be found here. Insiders sold 46,614 shares of company stock worth $13,739,345 in the last quarter. 2.48% of the stock is owned by corporate insiders.

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.