Comfort Systems USA, Inc. (NYSE:FIX) Director Sells $1,023,650.00 in Stock

Comfort Systems USA, Inc. (NYSE:FIX - Get Free Report) Director Pablo G. Mercado sold 2,500 shares of the company's stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $409.46, for a total transaction of $1,023,650.00. Following the transaction, the director now owns 9,036 shares in the company, valued at $3,699,880.56. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Comfort Systems USA Price Performance

Shares of Comfort Systems USA stock traded up $5.71 during trading on Thursday, hitting $442.99. 397,598 shares of the company were exchanged, compared to its average volume of 385,333. The firm has a 50 day moving average price of $383.20 and a 200 day moving average price of $341.69. The stock has a market capitalization of $15.77 billion, a price-to-earnings ratio of 33.89 and a beta of 1.13. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.04. Comfort Systems USA, Inc. has a fifty-two week low of $183.23 and a fifty-two week high of $445.70.

Comfort Systems USA (NYSE:FIX - Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The construction company reported $4.09 EPS for the quarter, topping analysts' consensus estimates 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 firm's quarterly revenue was up 31.5% compared to the same quarter last year. During the same quarter last year, the business posted $2.74 EPS. On average, equities analysts expect that Comfort Systems USA, Inc. will post 13.88 earnings per share for the current fiscal year.

Comfort Systems USA Increases Dividend

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

Wall Street Analysts Forecast Growth

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

Institutional Trading of Comfort Systems USA

Several hedge funds and other institutional investors have recently bought and sold shares of FIX. Quest Partners LLC acquired a new stake in Comfort Systems USA in the 3rd quarter worth about $940,000. Mount Lucas Management LP lifted its holdings in shares of Comfort Systems USA by 2.4% during the 3rd quarter. Mount Lucas Management LP now owns 1,724 shares of the construction company's stock worth $673,000 after acquiring an additional 40 shares during the period. Vaughan Nelson Investment Management L.P. acquired a new stake in shares of Comfort Systems USA in the third quarter worth approximately $138,987,000. Natixis Advisors LLC grew its holdings in Comfort Systems USA by 871.4% in the third quarter. Natixis Advisors LLC now owns 132,693 shares of the construction company's stock valued at $51,797,000 after purchasing an additional 119,033 shares during the period. Finally, CIBC Asset Management Inc increased its position in Comfort Systems USA by 3.5% during the third quarter. CIBC Asset Management Inc now owns 1,043 shares of the construction company's stock worth $407,000 after purchasing an additional 35 shares during the last quarter. 96.51% of the stock is owned by hedge funds and other institutional investors.

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.