Comfort Systems USA, Inc. (NYSE:FIX) Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC trimmed its position in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 28.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 102,128 shares of the construction company's stock after selling 40,705 shares during the quarter. Janus Henderson Group PLC owned approximately 0.29% of Comfort Systems USA worth $39,867,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the company. Hollencrest Capital Management purchased a new position in Comfort Systems USA in the 3rd quarter worth approximately $28,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Comfort Systems USA in the third quarter valued at approximately $38,000. Opal Wealth Advisors LLC purchased a new position in Comfort Systems USA during the second quarter worth approximately $41,000. V Square Quantitative Management LLC boosted its stake in Comfort Systems USA by 59.5% during the third quarter. V Square Quantitative Management LLC now owns 126 shares of the construction company's stock worth $49,000 after buying an additional 47 shares during the last quarter. Finally, True Wealth Design LLC purchased a new stake in Comfort Systems USA in the 3rd quarter valued at $53,000. 96.51% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Comfort Systems USA

In other news, insider Brian E. Lane sold 15,000 shares of the stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $448.88, for a total value of $6,733,200.00. Following the sale, the insider now directly owns 204,205 shares in the company, valued at approximately $91,663,540.40. This trade represents a 6.84 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Franklin Myers sold 12,000 shares of the business's stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of $390.18, for a total value of $4,682,160.00. Following the transaction, the chairman now directly owns 106,498 shares of the company's stock, valued at $41,553,389.64. The trade was a 10.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 36,200 shares of company stock valued at $15,431,250. 1.80% of the stock is currently owned by corporate insiders.

Comfort Systems USA Trading Down 0.0 %

Shares of NYSE:FIX traded down $0.14 during mid-day trading on Friday, reaching $497.00. 210,375 shares of the company were exchanged, compared to its average volume of 317,148. Comfort Systems USA, Inc. has a 1 year low of $186.56 and a 1 year high of $510.79. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02. The firm's 50-day simple moving average is $436.69 and its 200 day simple moving average is $364.87. The firm has a market cap of $17.69 billion, a price-to-earnings ratio of 38.03 and a beta of 1.18.

Comfort Systems USA (NYSE:FIX - Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The construction company reported $4.09 EPS for the quarter, topping the consensus estimate of $3.97 by $0.12. The business had revenue of $1.81 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period last year, the business posted $2.74 earnings per share. Equities research analysts forecast that Comfort Systems USA, Inc. will post 13.95 EPS for the current year.

Comfort Systems USA Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 25th. Shareholders of record on Thursday, November 14th were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Thursday, November 14th. This is a positive change 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 0.28%. Comfort Systems USA's dividend payout ratio is 10.71%.

Analyst Ratings Changes

FIX has been the topic of several recent research reports. UBS Group raised shares of Comfort Systems USA from a "neutral" rating to a "buy" rating and boosted their price target for the company from $396.00 to $525.00 in a research report on Tuesday, November 19th. StockNews.com upgraded shares of Comfort Systems USA from a "hold" rating to a "buy" rating in a report on Saturday, October 12th. Northcoast Research assumed coverage on shares of Comfort Systems USA in a report on Friday, November 22nd. They set a "buy" rating and a $525.00 price target for the company. Finally, Stifel Nicolaus initiated coverage on Comfort Systems USA in a report on Friday, November 15th. They issued a "buy" rating and a $524.00 price objective on the stock. One analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, Comfort Systems USA has a consensus rating of "Moderate Buy" and an average price target of $481.00.

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.