Comfort Systems USA, Inc. (NYSE:FIX) Stock Position Lowered by Aubrey Capital Management Ltd

Aubrey Capital Management Ltd cut its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 11.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,700 shares of the construction company’s stock after selling 2,300 shares during the quarter. Comfort Systems USA accounts for about 2.7% of Aubrey Capital Management Ltd’s investment portfolio, making the stock its 8th largest holding. Aubrey Capital Management Ltd’s holdings in Comfort Systems USA were worth $6,909,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Covestor Ltd increased its position in shares of Comfort Systems USA by 7.1% in the third quarter. Covestor Ltd now owns 465 shares of the construction company’s stock valued at $182,000 after acquiring an additional 31 shares during the period. Signaturefd LLC increased its holdings in Comfort Systems USA by 9.3% during the 3rd quarter. Signaturefd LLC now owns 377 shares of the construction company’s stock valued at $147,000 after purchasing an additional 32 shares during the period. GAMMA Investing LLC raised its position in Comfort Systems USA by 13.6% during the 2nd quarter. GAMMA Investing LLC now owns 351 shares of the construction company’s stock valued at $107,000 after purchasing an additional 42 shares during the last quarter. V Square Quantitative Management LLC lifted its holdings in Comfort Systems USA by 59.5% in the 3rd quarter. V Square Quantitative Management LLC now owns 126 shares of the construction company’s stock worth $49,000 after buying an additional 47 shares during the period. Finally, First Trust Direct Indexing L.P. lifted its holdings in Comfort Systems USA by 5.8% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 869 shares of the construction company’s stock worth $339,000 after buying an additional 48 shares during the period. 96.51% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CFO William George III sold 5,845 shares of the stock in a transaction dated Tuesday, August 20th. The shares were 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 in the company, valued at $18,301,683.84. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CFO William George III sold 5,845 shares of the company’s 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 sale, the chief financial officer now owns 55,099 shares in the company, valued at $18,301,683.84. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Pablo G. Mercado sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $409.46, for a total value of $1,023,650.00. Following the transaction, the director now directly owns 9,036 shares of the company’s stock, valued at approximately $3,699,880.56. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 26,591 shares of company stock worth $9,892,415. Corporate insiders own 1.80% of the company’s stock.

Wall Street Analysts Forecast Growth

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 Price Performance

Shares of NYSE FIX opened at $446.28 on Thursday. Comfort Systems USA, Inc. has a 1 year low of $185.83 and a 1 year high of $474.62. The stock has a market capitalization of $15.88 billion, a P/E ratio of 34.15 and a beta of 1.13. The company’s 50-day moving average is $390.60 and its 200 day moving average is $345.56. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02.

Comfort Systems USA (NYSE:FIX) last posted its earnings results on Thursday, October 24th. The construction company reported $4.09 earnings per share for the quarter, topping analysts’ consensus estimates of $3.97 by $0.12. The firm had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.84 billion. Comfort Systems USA had a return on equity of 32.74% and a net margin of 7.18%. The business’s revenue for the quarter was up 31.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.74 EPS. On average, sell-side analysts expect that Comfort Systems USA, Inc. will post 13.88 earnings per share for the current year.

Comfort Systems USA Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 25th. Shareholders of record on Thursday, November 14th will be given a dividend of $0.35 per share. The ex-dividend date is Thursday, November 14th. This represents a $1.40 annualized dividend and a yield of 0.31%. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.30. Comfort Systems USA’s dividend payout ratio (DPR) is currently 9.18%.

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.