Lisanti Capital Growth LLC Lowers Position in Comfort Systems USA, Inc. (NYSE:FIX)

Lisanti Capital Growth LLC decreased its position in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 37.0% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 14,400 shares of the construction company's stock after selling 8,450 shares during the period. Comfort Systems USA comprises 1.4% of Lisanti Capital Growth LLC's portfolio, making the stock its 16th biggest position. Lisanti Capital Growth LLC's holdings in Comfort Systems USA were worth $5,621,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in FIX. Capital World Investors grew its stake in 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 buying an additional 451,852 shares in the last quarter. Millennium Management LLC boosted its position in shares of Comfort Systems USA by 477.9% during the second quarter. Millennium Management LLC now owns 342,724 shares of the construction company's stock valued at $104,229,000 after buying an additional 283,416 shares during the last quarter. Westfield Capital Management Co. LP raised its stake in shares of Comfort Systems USA by 56.4% during the 1st quarter. Westfield Capital Management Co. LP now owns 667,036 shares of the construction company's stock worth $211,924,000 after purchasing an additional 240,466 shares during the period. Blackstone Inc. purchased a new stake in Comfort Systems USA in the first quarter worth $41,302,000. Finally, Swedbank AB purchased a new stake in shares of Comfort Systems USA during the 1st quarter valued at approximately $31,771,000. Institutional investors and hedge funds own 96.51% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Comfort Systems USA from a "hold" rating to a "buy" rating in a report on Saturday, October 12th.

Insiders Place Their Bets

In other Comfort Systems USA news, CFO William George III sold 5,845 shares of Comfort Systems USA stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $332.16, for a total transaction of $1,941,475.20. Following the sale, the chief financial officer now directly owns 55,099 shares of the company's stock, valued at approximately $18,301,683.84. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, CFO William George III sold 5,845 shares of the business'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 directly owns 55,099 shares of the company's stock, valued at $18,301,683.84. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Brian E. Lane sold 15,000 shares of the company's stock in a transaction dated Wednesday, August 14th. The stock was sold at an average price of $329.55, for a total transaction of $4,943,250.00. Following the completion of the transaction, the insider now owns 219,205 shares in the company, valued at approximately $72,239,007.75. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 41,591 shares of company stock worth $14,835,665. 1.80% of the stock is currently owned by corporate insiders.

Comfort Systems USA Trading Up 0.8 %

Shares of NYSE FIX traded up $3.54 during midday trading on Monday, reaching $465.60. The company had a trading volume of 230,796 shares, compared to its average volume of 384,411. The stock has a market cap of $16.57 billion, a PE ratio of 35.63 and a beta of 1.13. Comfort Systems USA, Inc. has a one year low of $184.85 and a one year high of $474.62. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.04. The firm's fifty day moving average price is $385.36 and its 200-day moving average price is $343.33.

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

Comfort Systems USA Increases Dividend

The business 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. This is an increase from Comfort Systems USA's previous quarterly dividend of $0.30. This represents a $1.40 dividend on an annualized basis and a yield of 0.30%. The ex-dividend date of this dividend is Thursday, November 14th. Comfort Systems USA's payout ratio is presently 9.18%.

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.