XTX Topco Ltd Sells 6,172 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

XTX Topco Ltd cut its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 82.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,300 shares of the construction company's stock after selling 6,172 shares during the period. XTX Topco Ltd's holdings in Comfort Systems USA were worth $507,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Hollencrest Capital Management bought a new stake in Comfort Systems USA during the 3rd quarter worth approximately $28,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Comfort Systems USA during the 3rd quarter valued at $38,000. V Square Quantitative Management LLC increased its holdings in shares of Comfort Systems USA by 59.5% in the third quarter. V Square Quantitative Management LLC now owns 126 shares of the construction company's stock worth $49,000 after purchasing an additional 47 shares during the period. True Wealth Design LLC purchased a new stake in shares of Comfort Systems USA in the third quarter worth $53,000. Finally, Contravisory Investment Management Inc. boosted its stake in Comfort Systems USA by 126.9% during the third quarter. Contravisory Investment Management Inc. now owns 152 shares of the construction company's stock valued at $59,000 after buying an additional 85 shares during the period. 96.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on FIX shares. Northcoast Research initiated coverage on Comfort Systems USA in a research note on Friday, November 22nd. They issued a "buy" rating and a $525.00 target price on the stock. StockNews.com upgraded shares of Comfort Systems USA from a "hold" rating to a "buy" rating in a research report on Saturday, October 12th. UBS Group raised their target price on shares of Comfort Systems USA from $525.00 to $575.00 and gave the company a "buy" rating in a research note on Monday, December 9th. Finally, Stifel Nicolaus started coverage on shares of Comfort Systems USA in a research note on Friday, November 15th. They issued a "buy" rating and a $524.00 price target for the company. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Comfort Systems USA has an average rating of "Moderate Buy" and a consensus price target of $493.50.

Comfort Systems USA Price Performance

FIX traded down $6.73 during midday trading on Friday, hitting $462.33. The stock had a trading volume of 285,943 shares, compared to its average volume of 377,905. Comfort Systems USA, Inc. has a 1 year low of $194.30 and a 1 year high of $510.79. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.02 and a current ratio of 1.04. The business has a fifty day moving average of $443.70 and a 200 day moving average of $369.15. The company has a market cap of $16.45 billion, a P/E ratio of 35.37 and a beta of 1.18.

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 analysts' consensus estimates of $3.97 by $0.12. The firm had revenue of $1.81 billion during the quarter, compared to analyst estimates of $1.84 billion. Comfort Systems USA had a net margin of 7.18% and a return on equity of 32.74%. The business's quarterly revenue was up 31.5% on a year-over-year basis. During the same period in the previous year, the business posted $2.74 EPS. As a group, equities analysts forecast that Comfort Systems USA, Inc. will post 13.95 earnings per share for the current fiscal year.

Comfort Systems USA Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 25th. Stockholders of record on Thursday, November 14th were paid a dividend of $0.35 per share. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.30. This represents a $1.40 dividend on an annualized basis and a dividend yield of 0.30%. The ex-dividend date of this dividend was Thursday, November 14th. Comfort Systems USA's dividend payout ratio (DPR) is 10.71%.

Insider Transactions at Comfort Systems USA

In other Comfort Systems USA news, Director Vance W. Tang sold 2,700 shares of the business's stock in a transaction dated 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 approximately $2,144,220. The trade was a 32.93 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Brian E. Lane sold 15,000 shares of the stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $448.88, for a total transaction of $6,733,200.00. Following the sale, the insider now owns 204,205 shares of the company's stock, valued at approximately $91,663,540.40. This represents a 6.84 % 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 worth $15,431,250. Company insiders own 1.80% of the company's stock.

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.