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

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

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Strs Ohio grew its holdings in shares of Comfort Systems USA by 2.6% in the 2nd quarter. Strs Ohio now owns 2,602 shares of the construction company’s stock worth $1,395,000 after acquiring an additional 66 shares during the last quarter. Atria Investments Inc lifted its position in shares of Comfort Systems USA by 7.8% in the second quarter. Atria Investments Inc now owns 3,118 shares of the construction company’s stock worth $1,672,000 after purchasing an additional 226 shares in the last quarter. Assetmark Inc. boosted its stake in shares of Comfort Systems USA by 94.2% during the 2nd quarter. Assetmark Inc. now owns 600 shares of the construction company’s stock valued at $322,000 after buying an additional 291 shares during the period. Hantz Financial Services Inc. raised its stake in shares of Comfort Systems USA by 786.7% during the 2nd quarter. Hantz Financial Services Inc. now owns 266 shares of the construction company’s stock worth $143,000 after purchasing an additional 236 shares in the last quarter. Finally, Flagship Harbor Advisors LLC grew its stake in shares of Comfort Systems USA by 26.2% in the 2nd quarter. Flagship Harbor Advisors LLC now owns 1,465 shares of the construction company’s stock valued at $785,000 after buying an additional 304 shares in the last quarter. 96.51% of the stock is owned by institutional investors and hedge funds.

Comfort Systems USA Stock Down 4.7%

Shares of FIX stock opened at $963.36 on Friday. Comfort Systems USA, Inc. has a 12 month low of $276.44 and a 12 month high of $1,020.26. The firm has a market cap of $33.98 billion, a PE ratio of 40.79 and a beta of 1.58. The stock has a 50 day moving average of $800.36 and a 200-day moving average of $618.26. The company has a quick ratio of 1.20, a current ratio of 1.22 and a debt-to-equity ratio of 0.06.

Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings data on Monday, August 15th. The construction company reported $0.90 earnings per share (EPS) for the quarter. The business had revenue of $713.90 million for the quarter. Comfort Systems USA had a net margin of 10.06% and a return on equity of 43.59%. On average, equities analysts predict 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. Stockholders of record on Thursday, November 13th will be given a dividend of $0.60 per share. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.50. This represents a $2.40 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Thursday, November 13th. Comfort Systems USA’s dividend payout ratio (DPR) is currently 8.47%.

Wall Street Analysts Forecast Growth

FIX has been the subject of several analyst reports. Zacks Research raised shares of Comfort Systems USA from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. William Blair initiated coverage on Comfort Systems USA in a report on Thursday, September 11th. They set an “outperform” rating on the stock. DA Davidson set a $810.00 target price on Comfort Systems USA in a report on Friday, October 24th. Stifel Nicolaus set a $1,069.00 target price on Comfort Systems USA in a research report on Friday, October 24th. Finally, Wall Street Zen raised shares of Comfort Systems USA from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 25th. One equities research 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. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $819.20.

Insider Buying and Selling at Comfort Systems USA

In other Comfort Systems USA news, Director Pablo G. Mercado sold 2,500 shares of the company’s stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $1,005.41, for a total value of $2,513,525.00. Following the completion of the transaction, the director owned 4,000 shares of the company’s stock, valued at $4,021,640. This represents a 38.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director William J. Sandbrook sold 800 shares of the firm’s stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $733.56, for a total value of $586,848.00. Following the completion of the sale, the director owned 11,666 shares of the company’s stock, valued at $8,557,710.96. This represents a 6.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 24,883 shares of company stock valued at $18,071,151 in the last three months. Company insiders own 1.59% of the company’s stock.

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.