Diversified Trust Co Has $1.78 Million Stock Position in Comfort Systems USA, Inc. (NYSE:FIX)

Diversified Trust Co trimmed its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 22.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,511 shares of the construction company's stock after selling 1,559 shares during the period. Diversified Trust Co's holdings in Comfort Systems USA were worth $1,776,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC raised its position in Comfort Systems USA by 27.7% during the first quarter. Farther Finance Advisors LLC now owns 1,102 shares of the construction company's stock valued at $364,000 after buying an additional 239 shares during the period. Dynamic Advisor Solutions LLC raised its position in Comfort Systems USA by 256.0% during the first quarter. Dynamic Advisor Solutions LLC now owns 2,040 shares of the construction company's stock valued at $658,000 after buying an additional 1,467 shares during the period. Raymond James Financial Inc. acquired a new position in Comfort Systems USA during the fourth quarter valued at $39,038,000. Smartleaf Asset Management LLC raised its position in Comfort Systems USA by 67.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 152 shares of the construction company's stock valued at $65,000 after buying an additional 61 shares during the period. Finally, Commonwealth Equity Services LLC increased its position in Comfort Systems USA by 41.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 5,770 shares of the construction company's stock worth $2,447,000 after purchasing an additional 1,704 shares during the last quarter. 96.51% of the stock is owned by institutional investors and hedge funds.

Comfort Systems USA Stock Performance

Shares of NYSE FIX opened at $535.04 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.05 and a current ratio of 1.08. The firm has a market cap of $18.88 billion, a price-to-earnings ratio of 32.10 and a beta of 1.51. The business's 50-day simple moving average is $462.08 and its 200-day simple moving average is $421.42. Comfort Systems USA, Inc. has a 52 week low of $272.93 and a 52 week high of $553.09.

Comfort Systems USA (NYSE:FIX - Get Free Report) last issued its quarterly earnings data 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 business had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.77 billion. Comfort Systems USA had a return on equity of 36.35% and a net margin of 8.13%. The firm's revenue for the quarter was up 19.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.69 EPS. As a group, 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 disclosed a quarterly dividend, which was paid on Tuesday, May 27th. Stockholders of record on Friday, May 16th were issued a dividend of $0.45 per share. This is a positive change from Comfort Systems USA's previous quarterly dividend of $0.40. The ex-dividend date was Friday, May 16th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.34%. Comfort Systems USA's dividend payout ratio is currently 10.80%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on FIX. Wall Street Zen raised Comfort Systems USA from a "hold" rating to a "buy" rating in a research report on Saturday, June 7th. DA Davidson upped their target price on Comfort Systems USA from $440.00 to $465.00 and gave the stock a "buy" rating in a research report on Monday, April 28th. Finally, Stifel Nicolaus upped their target price on Comfort Systems USA from $471.00 to $512.00 and gave the stock a "buy" rating in a research report on Friday, May 23rd. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $525.80.

Insider Activity

In other Comfort Systems USA news, CFO William George III sold 12,500 shares of the firm's stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $470.11, for a total value of $5,876,375.00. Following the sale, the chief financial officer now owns 47,473 shares of the company's stock, valued at $22,317,532.03. This trade represents a 20.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Darcy Anderson sold 8,000 shares of Comfort Systems USA stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $506.82, for a total value of $4,054,560.00. Following the completion of the transaction, the director now directly owns 26,535 shares in the company, valued at approximately $13,448,468.70. This represents a 23.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 40,800 shares of company stock valued at $18,696,795. Insiders own 1.59% of the company's stock.

Comfort Systems USA Company 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.

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