nVerses Capital LLC Invests $898,000 in Comfort Systems USA, Inc. (NYSE:FIX)

nVerses Capital LLC purchased a new stake in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 2,300 shares of the construction company's stock, valued at approximately $898,000.

A number of other large investors have also added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Comfort Systems USA during the 3rd quarter worth $38,000. Opal Wealth Advisors LLC acquired a new stake in shares of Comfort Systems USA in the 2nd quarter valued at approximately $41,000. Rise Advisors LLC bought a new stake in shares of Comfort Systems USA during the 1st quarter valued at approximately $44,000. Contravisory Investment Management Inc. lifted its stake in Comfort Systems USA by 126.9% in the 3rd quarter. Contravisory Investment Management Inc. now owns 152 shares of the construction company's stock valued at $59,000 after purchasing an additional 85 shares during the last quarter. Finally, National Bank of Canada FI boosted its position in Comfort Systems USA by 236.5% in the second quarter. National Bank of Canada FI now owns 212 shares of the construction company's stock valued at $62,000 after buying an additional 149 shares in the last quarter. Institutional investors and hedge funds own 96.51% of the company's stock.

Insider Transactions at Comfort Systems USA

In related news, Director Darcy Anderson sold 3,546 shares of the stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $336.19, for a total transaction of $1,192,129.74. Following the transaction, the director now directly owns 37,193 shares of the company's stock, valued at $12,503,914.67. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, insider Brian E. Lane sold 15,000 shares of the business's stock in a transaction that occurred on 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 sale, the insider now owns 219,205 shares in the company, valued at $72,239,007.75. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Darcy Anderson sold 3,546 shares of the stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $336.19, for a total value of $1,192,129.74. Following the completion of the transaction, the director now owns 37,193 shares in the company, valued at approximately $12,503,914.67. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 24,391 shares of company stock valued at $8,076,855 in the last quarter. 1.80% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

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

Comfort Systems USA Trading Up 1.1 %

Shares of NYSE FIX traded up $4.44 during midday trading on Thursday, reaching $419.11. The stock had a trading volume of 224,643 shares, compared to its average volume of 383,314. Comfort Systems USA, Inc. has a twelve month low of $151.89 and a twelve month high of $424.43. The company's 50 day moving average price is $359.01 and its 200 day moving average price is $330.91. The firm has a market cap of $14.97 billion, a price-to-earnings ratio of 41.06 and a beta of 1.13. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.97 and a current ratio of 1.00.

Comfort Systems USA (NYSE:FIX - Get Free Report) last posted its quarterly earnings data on Thursday, July 25th. The construction company reported $3.74 earnings per share for the quarter, topping the consensus estimate of $3.14 by $0.60. Comfort Systems USA had a return on equity of 31.49% and a net margin of 7.02%. The firm had revenue of $1.81 billion during the quarter, compared to analyst estimates of $1.69 billion. During the same period last year, the company posted $1.93 EPS. The business's quarterly revenue was up 39.6% on a year-over-year basis. As a group, sell-side analysts expect that Comfort Systems USA, Inc. will post 13.79 EPS for the current year.

Comfort Systems USA Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.29%. The ex-dividend date of this dividend was Monday, August 12th. Comfort Systems USA's payout ratio is 11.88%.

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.