Key Points
- Senior VP Laura Finley Howell sold 1,000 shares on Dec. 4 at an average price of $996.16 for a total of $996,160, leaving her with 7,938 shares (an 11.19% reduction in her ownership).
- Comfort Systems USA trades near $1,001 with a $35.31B market cap, recently raised its quarterly dividend to $0.60 (annualized $2.40, 0.2% yield), and has a Wall Street consensus of Buy with an average price target of $892.75.
Comfort Systems USA, Inc. (NYSE:FIX - Get Free Report) SVP Laura Finley Howell sold 1,000 shares of the firm's stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $996.16, for a total transaction of $996,160.00. Following the transaction, the senior vice president directly owned 7,938 shares of the company's stock, valued at $7,907,518.08. This represents a 11.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Comfort Systems USA Stock Down 0.4%
FIX stock opened at $1,001.05 on Friday. The company has a market capitalization of $35.31 billion, a P/E ratio of 42.38 and a beta of 1.64. Comfort Systems USA, Inc. has a 12 month low of $276.44 and a 12 month high of $1,020.26. The firm's fifty day simple moving average is $906.76 and its 200-day simple moving average is $716.53. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.22 and a quick ratio of 1.20.
Comfort Systems USA (NYSE:FIX - Get Free Report) last issued its earnings results on Monday, August 15th. The construction company reported $0.90 earnings per share (EPS) for the quarter. Comfort Systems USA had a net margin of 10.06% and a return on equity of 43.59%. The firm had revenue of $713.90 million during the quarter. As a group, equities research analysts forecast that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current year.
Comfort Systems USA Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, November 24th. Shareholders of record on Thursday, November 13th were given a $0.60 dividend. The ex-dividend date was Thursday, November 13th. This represents a $2.40 annualized dividend and a yield of 0.2%. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.50. Comfort Systems USA's payout ratio is currently 10.16%.
Wall Street Analysts Forecast Growth
FIX has been the subject of several recent research reports. Zacks Research raised shares of Comfort Systems USA from a "hold" rating to a "strong-buy" rating in a report on Tuesday, October 28th. UBS Group lifted their price objective on shares of Comfort Systems USA from $875.00 to $1,140.00 and gave the company a "buy" rating in a report on Monday, October 27th. Wall Street Zen lowered shares of Comfort Systems USA from a "strong-buy" rating to a "buy" rating in a research note on Saturday, November 22nd. William Blair assumed coverage on Comfort Systems USA in a research report on Thursday, September 11th. They set an "outperform" rating on the stock. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Comfort Systems USA in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $892.75.
Read Our Latest Stock Report on FIX
Institutional Trading of Comfort Systems USA
Institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its stake in shares of Comfort Systems USA by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 3,802,542 shares of the construction company's stock worth $1,225,673,000 after buying an additional 21,847 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Comfort Systems USA by 7.4% in the third quarter. Invesco Ltd. now owns 1,064,560 shares of the construction company's stock valued at $878,454,000 after buying an additional 73,727 shares in the last quarter. Westfield Capital Management Co. LP boosted its stake in shares of Comfort Systems USA by 5.3% in the second quarter. Westfield Capital Management Co. LP now owns 936,412 shares of the construction company's stock valued at $502,113,000 after buying an additional 46,773 shares in the last quarter. AQR Capital Management LLC grew its holdings in Comfort Systems USA by 6.8% during the third quarter. AQR Capital Management LLC now owns 835,560 shares of the construction company's stock worth $678,475,000 after acquiring an additional 53,125 shares during the period. Finally, Jones Financial Companies Lllp raised its position in Comfort Systems USA by 2,872,410.3% in the first quarter. Jones Financial Companies Lllp now owns 833,028 shares of the construction company's stock worth $268,510,000 after acquiring an additional 832,999 shares in the last quarter. Hedge funds and other institutional investors own 96.51% of the company's stock.
Comfort Systems USA Company Profile
(
Get Free Report)
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.
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