Comfort Systems USA, Inc. (NYSE:FIX) Shares Sold by Mount Yale Investment Advisors LLC

Mount Yale Investment Advisors LLC trimmed its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 33.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 904 shares of the construction company’s stock after selling 447 shares during the period. Mount Yale Investment Advisors LLC’s holdings in Comfort Systems USA were worth $287,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Capital World Investors lifted its position in shares of Comfort Systems USA by 26.6% during the first quarter. Capital World Investors now owns 2,153,707 shares of the construction company’s stock worth $684,254,000 after purchasing an additional 451,852 shares in the last quarter. Westfield Capital Management Co. LP bought a new stake in shares of Comfort Systems USA in the fourth quarter worth $87,733,000. Norges Bank bought a new stake in shares of Comfort Systems USA in the fourth quarter worth $81,299,000. Hennessy Advisors Inc. bought a new stake in shares of Comfort Systems USA in the fourth quarter worth $30,151,000. Finally, Goldman Sachs Group Inc. increased its stake in shares of Comfort Systems USA by 73.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 269,068 shares of the construction company’s stock worth $55,339,000 after buying an additional 114,115 shares during the last quarter. 96.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a research note on Wednesday, June 19th.

Insider Activity

In other Comfort Systems USA news, Director Darcy Anderson sold 3,500 shares of the firm’s stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $344.90, for a total transaction of $1,207,150.00. Following the transaction, the director now owns 40,241 shares in the company, valued at $13,879,120.90. The sale was disclosed in a document filed with the SEC, which is available through this link. In other news, Director Darcy Anderson sold 3,500 shares of Comfort Systems USA stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $344.90, for a total transaction of $1,207,150.00. Following the transaction, the director now owns 40,241 shares in the company, valued at approximately $13,879,120.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Vance W. Tang sold 3,473 shares of Comfort Systems USA stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of $310.00, for a total value of $1,076,630.00. Following the transaction, the director now owns 8,198 shares in the company, valued at approximately $2,541,380. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 7,961 shares of company stock worth $2,622,664. 1.80% of the stock is owned by corporate insiders.

Comfort Systems USA Stock Up 1.4 %

Shares of FIX traded up $4.24 during trading hours on Monday, reaching $314.00. The company’s stock had a trading volume of 507,836 shares, compared to its average volume of 412,508. The firm has a market cap of $11.20 billion, a price-to-earnings ratio of 31.12 and a beta of 1.15. Comfort Systems USA, Inc. has a 1-year low of $151.89 and a 1-year high of $352.45. The company has a quick ratio of 0.97, a current ratio of 1.00 and a debt-to-equity ratio of 0.05. The company has a 50 day moving average of $316.23 and a two-hundred day moving average of $294.59.

Comfort Systems USA (NYSE:FIX) last announced its earnings results on Thursday, July 25th. The construction company reported $3.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.14 by $0.60. The firm had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.69 billion. Comfort Systems USA had a return on equity of 31.49% and a net margin of 7.02%. The company’s revenue was up 39.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.93 earnings per share. As a group, research analysts predict that Comfort Systems USA, Inc. will post 12.24 EPS for the current fiscal year.

Comfort Systems USA Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 23rd. Shareholders of record on Monday, August 12th will be paid a dividend of $0.30 per share. The ex-dividend date is Monday, August 12th. This represents a $1.20 annualized dividend and a yield of 0.38%. Comfort Systems USA’s dividend payout ratio is currently 11.88%.

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.