Julie Shaeff Sells 12,849 Shares of Comfort Systems USA, Inc. (NYSE:FIX) Stock

Comfort Systems USA, Inc. (NYSE:FIXGet Rating) CAO Julie Shaeff sold 12,849 shares of the business’s stock in a transaction that occurred on Monday, August 1st. The shares were sold at an average price of $104.09, for a total value of $1,337,452.41. Following the transaction, the chief accounting officer now owns 22,274 shares of the company’s stock, valued at approximately $2,318,500.66. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Comfort Systems USA Trading Down 0.2 %

NYSE:FIX opened at $104.49 on Thursday. Comfort Systems USA, Inc. has a 1 year low of $67.91 and a 1 year high of $106.79. The stock has a market cap of $3.74 billion, a price-to-earnings ratio of 17.77 and a beta of 1.23. The business has a fifty day moving average of $87.93 and a 200-day moving average of $87.72. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.25 and a current ratio of 1.28.

Comfort Systems USA (NYSE:FIXGet Rating) last released its quarterly earnings results on Wednesday, July 27th. The construction company reported $1.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.14. Comfort Systems USA had a return on equity of 18.99% and a net margin of 5.93%. The company had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $914.17 million. During the same quarter in the prior year, the business posted $0.90 earnings per share. The company’s revenue for the quarter was up 42.6% compared to the same quarter last year. Equities analysts predict that Comfort Systems USA, Inc. will post 4.85 earnings per share for the current year.

Comfort Systems USA Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, August 29th. Investors of record on Thursday, August 18th will be paid a dividend of $0.14 per share. The ex-dividend date is Wednesday, August 17th. This represents a $0.56 annualized dividend and a yield of 0.54%. Comfort Systems USA’s dividend payout ratio is currently 9.52%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Meeder Asset Management Inc. bought a new position in Comfort Systems USA during the first quarter valued at about $32,000. Brown Brothers Harriman & Co. boosted its stake in Comfort Systems USA by 2,814.3% during the first quarter. Brown Brothers Harriman & Co. now owns 408 shares of the construction company’s stock valued at $36,000 after buying an additional 394 shares in the last quarter. Prospera Financial Services Inc bought a new position in Comfort Systems USA during the first quarter valued at about $38,000. New Century Advisors LLC bought a new position in Comfort Systems USA during the fourth quarter valued at about $47,000. Finally, Lazard Asset Management LLC bought a new position in Comfort Systems USA during the fourth quarter valued at about $52,000. Institutional investors own 96.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on FIX. StockNews.com upgraded Comfort Systems USA from a “buy” rating to a “strong-buy” rating in a research report on Thursday, July 28th. DA Davidson increased their price target on Comfort Systems USA from $100.00 to $114.00 in a research note on Friday, July 29th.

About Comfort Systems USA

(Get Rating)

Comfort Systems USA, Inc provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. It engages in the design, engineering, integration, installation, and start-up of mechanical, electrical, and plumbing (MEP) systems; and renovation, expansion, maintenance, monitoring, repair, and replacement of existing buildings.

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Insider Buying and Selling by Quarter for Comfort Systems USA (NYSE:FIX)

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