Aubrey Capital Management Ltd Cuts Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

Aubrey Capital Management Ltd trimmed its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 19.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,700 shares of the construction company's stock after selling 2,600 shares during the period. Comfort Systems USA comprises 1.4% of Aubrey Capital Management Ltd's investment portfolio, making the stock its 22nd biggest holding. Aubrey Capital Management Ltd's holdings in Comfort Systems USA were worth $3,451,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of Comfort Systems USA by 1.8% in the 4th quarter. Vanguard Group Inc. now owns 3,780,695 shares of the construction company's stock worth $1,603,242,000 after acquiring an additional 67,240 shares during the period. FMR LLC grew its holdings in shares of Comfort Systems USA by 9.6% in the 4th quarter. FMR LLC now owns 1,697,035 shares of the construction company's stock worth $719,645,000 after acquiring an additional 148,493 shares during the period. Geode Capital Management LLC grew its holdings in shares of Comfort Systems USA by 2.9% in the 4th quarter. Geode Capital Management LLC now owns 769,534 shares of the construction company's stock worth $326,409,000 after acquiring an additional 21,406 shares during the period. Proficio Capital Partners LLC acquired a new stake in shares of Comfort Systems USA in the 4th quarter worth approximately $217,771,000. Finally, Federated Hermes Inc. grew its holdings in shares of Comfort Systems USA by 12.4% in the 4th quarter. Federated Hermes Inc. now owns 467,838 shares of the construction company's stock worth $198,391,000 after acquiring an additional 51,771 shares during the period. 96.51% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Comfort Systems USA

In other news, Director Darcy Anderson sold 8,000 shares of the firm's stock in a transaction on Friday, June 6th. The stock was sold at an average price of $506.82, for a total transaction of $4,054,560.00. Following the sale, the director now owns 26,535 shares in the company, valued at $13,448,468.70. This trade represents a 23.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Vance W. Tang sold 500 shares of the firm's stock in a transaction on Thursday, May 1st. The stock was sold at an average price of $422.00, for a total value of $211,000.00. Following the sale, the director now owns 4,998 shares in the company, valued at $2,109,156. This trade represents a 9.09% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 40,800 shares of company stock worth $18,696,795. 1.59% of the stock is owned by insiders.

Comfort Systems USA Price Performance

NYSE:FIX traded up $7.89 during trading hours on Monday, reaching $500.61. 258,689 shares of the company traded hands, compared to its average volume of 437,141. The firm's 50-day moving average is $433.81 and its 200-day moving average is $419.15. The stock has a market cap of $17.66 billion, a P/E ratio of 34.26 and a beta of 1.51. 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 1-year low of $272.93 and a 1-year high of $553.09.

Comfort Systems USA (NYSE:FIX - Get Free Report) last announced its earnings results on Thursday, April 24th. The construction company reported $4.75 EPS for the quarter, beating analysts' consensus estimates of $3.66 by $1.09. The firm had revenue of $1.83 billion for the quarter, compared to analysts' expectations of $1.77 billion. Comfort Systems USA had a return on equity of 35.28% and a net margin of 7.43%. Comfort Systems USA's quarterly revenue was up 19.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.69 EPS. Equities research analysts expect that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current fiscal year.

Comfort Systems USA Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 27th. Shareholders of record on Friday, May 16th were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 0.36%. The ex-dividend date of this dividend was Friday, May 16th. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.40. Comfort Systems USA's dividend payout ratio is 10.80%.

Wall Street Analysts Forecast Growth

FIX has been the topic of a number of research reports. Wall Street Zen upgraded Comfort Systems USA from a "hold" rating to a "buy" rating in a report on Saturday, June 7th. Stifel Nicolaus upped their price target on Comfort Systems USA from $471.00 to $512.00 and gave the stock a "buy" rating in a report on Friday, May 23rd. Sidoti upgraded Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 price target on the stock in a report on Monday, February 24th. Finally, DA Davidson upped their price target on Comfort Systems USA from $440.00 to $465.00 and gave the stock a "buy" rating in a report on Monday, April 28th. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat, Comfort Systems USA presently has an average rating of "Buy" and a consensus target price of $525.80.

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.