Comfort Systems USA, Inc. (NYSE:FIX) is Aubrey Capital Management Ltd's 8th Largest Position

Aubrey Capital Management Ltd lowered its position in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 11.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 17,700 shares of the construction company's stock after selling 2,300 shares during the period. Comfort Systems USA accounts for about 2.7% of Aubrey Capital Management Ltd's investment portfolio, making the stock its 8th largest holding. Aubrey Capital Management Ltd's holdings in Comfort Systems USA were worth $6,909,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. SG Americas Securities LLC lifted its holdings in shares of Comfort Systems USA by 61.2% during the first quarter. SG Americas Securities LLC now owns 1,725 shares of the construction company's stock valued at $548,000 after purchasing an additional 655 shares during the last quarter. Sei Investments Co. boosted its holdings in Comfort Systems USA by 3.4% in the first quarter. Sei Investments Co. now owns 27,548 shares of the construction company's stock worth $8,753,000 after acquiring an additional 912 shares in the last quarter. Headlands Technologies LLC purchased a new stake in shares of Comfort Systems USA in the first quarter worth $65,000. Russell Investments Group Ltd. increased its holdings in shares of Comfort Systems USA by 2.2% during the first quarter. Russell Investments Group Ltd. now owns 34,625 shares of the construction company's stock valued at $11,003,000 after acquiring an additional 754 shares in the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in shares of Comfort Systems USA in the 1st quarter worth about $313,000. Hedge funds and other institutional investors own 96.51% of the company's stock.

Comfort Systems USA Stock Down 1.5 %

Shares of FIX stock traded down $6.87 during mid-day trading on Thursday, hitting $439.41. The company's stock had a trading volume of 321,420 shares, compared to its average volume of 384,076. The stock has a market cap of $15.64 billion, a price-to-earnings ratio of 33.89 and a beta of 1.13. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.02 and a current ratio of 1.04. Comfort Systems USA, Inc. has a 52-week low of $185.83 and a 52-week high of $474.62. The business has a 50-day moving average price of $393.24 and a 200 day moving average price of $346.26.

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, beating the consensus estimate of $3.97 by $0.12. Comfort Systems USA had a net margin of 7.18% and a return on equity of 32.74%. The business had revenue of $1.81 billion for the quarter, compared to analysts' expectations of $1.84 billion. During the same quarter in the prior year, the business earned $2.74 EPS. The business's revenue for the quarter was up 31.5% compared to the same quarter last year. Research analysts predict that Comfort Systems USA, Inc. will post 13.88 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, November 25th. Shareholders of record on Thursday, November 14th will be given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 0.32%. The ex-dividend date of this dividend is Thursday, November 14th. This is an increase from Comfort Systems USA's previous quarterly dividend of $0.30. Comfort Systems USA's payout ratio is 9.18%.

Insider Activity

In other Comfort Systems USA news, Director Pablo G. Mercado sold 2,500 shares of the stock in a transaction that occurred on Tuesday, November 5th. The shares were 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 trade represents a 21.67 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Vance W. Tang sold 2,700 shares of Comfort Systems USA stock in a transaction on Monday, October 28th. The shares were sold at an average price of $390.00, for a total value of $1,053,000.00. Following the transaction, the director now owns 5,498 shares in the company, valued at $2,144,220. This trade represents a 32.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 26,591 shares of company stock valued at $9,892,415 in the last ninety days. 1.80% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Comfort Systems USA from a "hold" rating to a "buy" rating in a research report 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.