Cowa LLC Sells 1,089 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Cowa LLC trimmed its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 14.6% in the third quarter, according to its most recent filing with the SEC. The firm owned 6,376 shares of the construction company's stock after selling 1,089 shares during the period. Comfort Systems USA makes up about 1.2% of Cowa LLC's investment portfolio, making the stock its 24th biggest position. Cowa LLC's holdings in Comfort Systems USA were worth $2,489,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the business. Capital World Investors raised 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 acquiring an additional 451,852 shares in the last quarter. Westfield Capital Management Co. LP lifted its holdings in 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 valued at $211,924,000 after purchasing an additional 240,466 shares during the last quarter. Federated Hermes Inc. boosted its position in Comfort Systems USA by 2.1% in the second quarter. Federated Hermes Inc. now owns 415,825 shares of the construction company's stock valued at $126,461,000 after buying an additional 8,578 shares in the last quarter. Millennium Management LLC grew its stake in Comfort Systems USA by 477.9% during the second quarter. Millennium Management LLC now owns 342,724 shares of the construction company's stock worth $104,229,000 after buying an additional 283,416 shares during the last quarter. Finally, Driehaus Capital Management LLC raised its stake in shares of Comfort Systems USA by 5.8% in the second quarter. Driehaus Capital Management LLC now owns 152,703 shares of the construction company's stock valued at $46,440,000 after acquiring an additional 8,363 shares during the last quarter. 96.51% of the stock is currently owned by institutional investors and hedge funds.

Comfort Systems USA Trading Up 4.3 %

Shares of NYSE FIX traded up $18.84 during midday trading on Friday, hitting $462.06. The stock had a trading volume of 338,881 shares, compared to its average volume of 367,351. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02. Comfort Systems USA, Inc. has a fifty-two week low of $183.23 and a fifty-two week high of $462.06. The firm has a market cap of $16.44 billion, a P/E ratio of 35.35 and a beta of 1.13. The company's 50-day simple moving average is $385.36 and its 200 day simple moving average is $343.09.

Comfort Systems USA (NYSE:FIX - Get Free Report) last announced its quarterly earnings data on Thursday, October 24th. The construction company reported $4.09 earnings per share for the quarter, topping the consensus estimate of $3.97 by $0.12. The firm had revenue of $1.81 billion during 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%. The company's quarterly revenue was up 31.5% compared to the same quarter last year. During the same period in the previous year, the business posted $2.74 EPS. Research analysts anticipate that Comfort Systems USA, Inc. will post 13.88 EPS for the current year.

Comfort Systems USA Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 25th. Investors of record on Thursday, November 14th will be issued a $0.35 dividend. This is a positive change from Comfort Systems USA's previous quarterly dividend of $0.30. This represents a $1.40 annualized dividend and a yield of 0.30%. The ex-dividend date is Thursday, November 14th. Comfort Systems USA's dividend payout ratio is currently 9.18%.

Insider Buying and Selling at Comfort Systems USA

In other Comfort Systems USA news, CFO William George III sold 5,845 shares of the company's stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $332.16, for a total transaction of $1,941,475.20. Following the completion of the sale, the chief financial officer now owns 55,099 shares in the company, valued at approximately $18,301,683.84. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, CFO William George III sold 5,845 shares of the company's stock in a transaction dated 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 completion of the sale, the chief financial officer now directly owns 55,099 shares of the company's stock, valued at $18,301,683.84. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, 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 transaction of $1,023,650.00. Following the completion of the sale, the director now owns 9,036 shares in the company, valued at $3,699,880.56. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 41,591 shares of company stock valued at $14,835,665. 1.80% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

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

Comfort Systems USA Profile

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.