Comfort Systems USA, Inc. (NYSE:FIX) Shares Sold by Aubrey Capital Management Ltd

Aubrey Capital Management Ltd decreased its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 3.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,600 shares of the construction company’s stock after selling 700 shares during the quarter. Comfort Systems USA comprises 1.7% of Aubrey Capital Management Ltd’s holdings, making the stock its 11th largest holding. Aubrey Capital Management Ltd owned approximately 0.05% of Comfort Systems USA worth $4,033,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Byrne Asset Management LLC acquired a new position in Comfort Systems USA during the 4th quarter worth $26,000. VisionPoint Advisory Group LLC acquired a new position in Comfort Systems USA during the 3rd quarter worth $59,000. GAMMA Investing LLC acquired a new position in Comfort Systems USA during the 4th quarter worth $61,000. Skandinaviska Enskilda Banken AB publ acquired a new position in Comfort Systems USA during the 3rd quarter worth $119,000. Finally, Householder Group Estate & Retirement Specialist LLC acquired a new position in Comfort Systems USA during the 4th quarter worth $125,000. Institutional investors and hedge funds own 96.51% of the company’s stock.

Insider Activity

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 transaction of $2,351,269.55. Following the sale, the chief financial officer now owns 62,471 shares of the company’s stock, valued at $17,426,285.45. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 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 transaction of $2,351,269.55. Following the sale, the chief financial officer now owns 62,471 shares of the company’s stock, valued at $17,426,285.45. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Brian E. Lane sold 16,000 shares of Comfort Systems USA stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $312.13, for a total value of $4,994,080.00. Following the sale, the insider now directly owns 227,926 shares in the company, valued at approximately $71,142,542.38. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 46,614 shares of company stock valued at $13,739,345. Insiders own 1.80% of the company’s stock.

Comfort Systems USA Trading Down 3.0 %

Shares of Comfort Systems USA stock traded down $9.40 during trading hours on Friday, reaching $302.00. 662,976 shares of the company’s stock were exchanged, compared to its average volume of 297,811. Comfort Systems USA, Inc. has a 52-week low of $133.24 and a 52-week high of $335.25. The firm has a market capitalization of $10.78 billion, a price-to-earnings ratio of 29.90 and a beta of 1.19. The company has a fifty day moving average of $303.25 and a 200-day moving average of $234.42. The company has a current ratio of 1.11, a quick ratio of 1.07 and a debt-to-equity ratio of 0.03.

Comfort Systems USA (NYSE:FIX) last issued its earnings results on Thursday, April 25th. The construction company reported $2.69 earnings per share for the quarter, topping the consensus estimate of $2.26 by $0.43. The business had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.48 billion. Comfort Systems USA had a return on equity of 29.68% and a net margin of 6.51%. The business’s quarterly revenue was up 30.8% on a year-over-year basis. During the same period last year, the company posted $1.51 EPS. Sell-side analysts forecast that Comfort Systems USA, Inc. will post 11.42 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 24th. Shareholders of record on Monday, May 13th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Friday, May 10th. This represents a $1.20 dividend on an annualized basis and a yield of 0.40%. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.25. Comfort Systems USA’s dividend payout ratio (DPR) is currently 9.90%.

Wall Street Analyst Weigh In

FIX has been the subject of a number of recent analyst reports. KeyCorp initiated coverage on Comfort Systems USA in a report on Wednesday, January 10th. They set a “sector weight” rating for the company. StockNews.com raised Comfort Systems USA from a “hold” rating to a “buy” rating in a report on Thursday, April 4th. DA Davidson boosted their target price on Comfort Systems USA from $200.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, February 28th. Finally, UBS Group boosted their target price on Comfort Systems USA from $208.00 to $254.00 and gave the company a “neutral” rating in a report on Thursday, February 15th.

Comfort Systems USA 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.