Versor Investments LP Has $813,000 Stock Position in Comfort Systems USA, Inc. (NYSE:FIX)

Versor Investments LP cut its position in Comfort Systems USA, Inc. (NYSE:FIX) by 41.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,084 shares of the construction company’s stock after selling 1,464 shares during the quarter. Versor Investments LP’s holdings in Comfort Systems USA were worth $813,000 at the end of the most recent reporting period.

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

Comfort Systems USA Price Performance

Shares of NYSE:FIX opened at $463.12 on Wednesday. The business’s 50 day moving average is $387.63 and its 200-day moving average is $344.43. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $16.48 billion, a PE ratio of 35.43 and a beta of 1.13. Comfort Systems USA, Inc. has a 1-year low of $184.85 and a 1-year high of $474.62.

Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings data on Thursday, October 24th. The construction company reported $4.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.97 by $0.12. The company had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.84 billion. Comfort Systems USA had a net margin of 7.18% and a return on equity of 32.74%. The business’s revenue was up 31.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.74 EPS. Sell-side analysts predict 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 announced a quarterly dividend, which will be paid on Monday, November 25th. Stockholders of record on Thursday, November 14th will be issued a $0.35 dividend. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.30. The ex-dividend date is Thursday, November 14th. This represents a $1.40 annualized dividend and a dividend yield of 0.30%. Comfort Systems USA’s dividend payout ratio is presently 10.71%.

Insider Activity

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

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a research note on Saturday, October 12th.

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.