Universal Beteiligungs und Servicegesellschaft mbH Sells 1,222 Shares of Comfort Systems USA, Inc. $FIX

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH trimmed its stake in Comfort Systems USA by 4.2%, selling 1,222 shares and leaving it with 27,601 shares worth about $25.8 million (≈0.08% ownership).
• Comfort Systems reported a strong quarter, beating estimates with $10.51 EPS vs. $6.81 expected and revenue of $2.87 billion (up 56.5% year‑over‑year), with a 11.23% net margin and 48.52% ROE.
• The company increased its quarterly dividend from $0.70 to $0.80 per share (payable May 26), representing a $3.20 annualized payout and a yield of about 0.2%.

Universal Beteiligungs und Servicegesellschaft mbH decreased its position in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 4.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,601 shares of the construction company's stock after selling 1,222 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.08% of Comfort Systems USA worth $25,823,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. NewEdge Advisors LLC boosted its stake in Comfort Systems USA by 41.1% during the first quarter. NewEdge Advisors LLC now owns 3,412 shares of the construction company's stock valued at $1,100,000 after buying an additional 993 shares during the last quarter. Focus Partners Wealth increased its stake in Comfort Systems USA by 110.6% in the 1st quarter. Focus Partners Wealth now owns 2,300 shares of the construction company's stock worth $741,000 after acquiring an additional 1,208 shares during the last quarter. Sivia Capital Partners LLC raised its holdings in shares of Comfort Systems USA by 40.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,079 shares of the construction company's stock worth $579,000 after acquiring an additional 313 shares in the last quarter. WINTON GROUP Ltd purchased a new stake in shares of Comfort Systems USA during the 2nd quarter worth approximately $567,000. Finally, Sei Investments Co. boosted its position in shares of Comfort Systems USA by 69.2% during the 2nd quarter. Sei Investments Co. now owns 43,631 shares of the construction company's stock valued at $23,395,000 after acquiring an additional 17,839 shares during the last quarter. 96.51% of the stock is owned by institutional investors.

Comfort Systems USA Stock Up 3.0%

NYSE:FIX opened at $1,775.89 on Friday. The company has a market cap of $62.48 billion, a price-to-earnings ratio of 61.45 and a beta of 1.60. Comfort Systems USA, Inc. has a twelve month low of $355.00 and a twelve month high of $1,798.96. The company has a current ratio of 1.21, a quick ratio of 1.19 and a debt-to-equity ratio of 0.06. The stock has a fifty day simple moving average of $1,455.76 and a 200-day simple moving average of $1,153.96.

Comfort Systems USA (NYSE:FIX - Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The construction company reported $10.51 EPS for the quarter, topping analysts' consensus estimates of $6.81 by $3.70. The firm had revenue of $2.87 billion for the quarter, compared to analysts' expectations of $2.39 billion. Comfort Systems USA had a net margin of 11.23% and a return on equity of 48.52%. The business's revenue for the quarter was up 56.5% on a year-over-year basis. During the same period in the prior year, the business posted $4.75 earnings per share. Analysts anticipate that Comfort Systems USA, Inc. will post 37.06 EPS for the current year.

Comfort Systems USA Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Shareholders of record on Friday, May 15th will be issued a dividend of $0.80 per share. This is an increase from Comfort Systems USA's previous quarterly dividend of $0.70. This represents a $3.20 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Friday, May 15th. Comfort Systems USA's dividend payout ratio (DPR) is currently 9.69%.

Insider Activity at Comfort Systems USA

In other Comfort Systems USA news, insider Brian E. Lane sold 9,365 shares of the stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $1,453.12, for a total value of $13,608,468.80. Following the completion of the sale, the insider directly owned 171,523 shares in the company, valued at approximately $249,243,501.76. This trade represents a 5.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Franklin Myers sold 8,636 shares of the firm's stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $1,472.56, for a total value of $12,717,028.16. Following the completion of the sale, the director directly owned 73,995 shares of the company's stock, valued at approximately $108,962,077.20. This represents a 10.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 37,288 shares of company stock valued at $53,677,038 over the last 90 days. Insiders own 1.59% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Zacks Research raised shares of Comfort Systems USA from a "hold" rating to a "strong-buy" rating in a report on Tuesday, February 24th. Stifel Nicolaus increased their price objective on shares of Comfort Systems USA from $1,611.00 to $1,819.00 and gave the company a "buy" rating in a research report on Thursday, April 16th. DA Davidson lifted their price objective on shares of Comfort Systems USA from $1,200.00 to $1,800.00 and gave the stock a "buy" rating in a research note on Monday, February 23rd. Glj Research assumed coverage on shares of Comfort Systems USA in a report on Monday. They issued a "buy" rating and a $2,001.00 target price on the stock. Finally, UBS Group restated a "buy" rating and set a $1,310.00 target price on shares of Comfort Systems USA in a research report on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $1,732.50.

About Comfort Systems USA

Comfort Systems USA, Inc is a U.S.-based mechanical contracting company that provides a range of heating, ventilation and air conditioning (HVAC) services to commercial, industrial and institutional customers. The company focuses on the design, installation, maintenance and repair of HVAC systems, and it supports projects from initial engineering and system selection through long-term service agreements and upgrades.

Its service offerings include new construction and retrofit installations, preventive and corrective maintenance, emergency repair, energy management and building automation systems.

Want to see what other hedge funds are holding FIX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Comfort Systems USA, Inc. (NYSE:FIX - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.