Comfort Systems USA, Inc. (NYSE:FIX) Stock Position Cut by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH cut its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 16.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,578 shares of the construction company's stock after selling 7,867 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.12% of Comfort Systems USA worth $13,080,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Tradewinds Capital Management LLC increased its stake in Comfort Systems USA by 49.1% during the 1st quarter. Tradewinds Capital Management LLC now owns 82 shares of the construction company's stock worth $26,000 after buying an additional 27 shares during the period. Versant Capital Management Inc grew its stake in shares of Comfort Systems USA by 257.1% during the first quarter. Versant Capital Management Inc now owns 100 shares of the construction company's stock worth $32,000 after purchasing an additional 72 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its stake in shares of Comfort Systems USA by 54.4% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 105 shares of the construction company's stock worth $34,000 after purchasing an additional 37 shares in the last quarter. Colonial Trust Co SC grew its stake in shares of Comfort Systems USA by 352.6% during the fourth quarter. Colonial Trust Co SC now owns 86 shares of the construction company's stock worth $36,000 after purchasing an additional 67 shares in the last quarter. Finally, Rothschild Investment LLC grew its stake in shares of Comfort Systems USA by 106.9% during the first quarter. Rothschild Investment LLC now owns 120 shares of the construction company's stock worth $39,000 after purchasing an additional 62 shares in the last quarter. 96.51% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Stifel Nicolaus boosted their target price on shares of Comfort Systems USA from $512.00 to $581.00 and gave the stock a "buy" rating in a research note on Friday, July 11th. UBS Group increased their target price on shares of Comfort Systems USA from $545.00 to $710.00 and gave the company a "buy" rating in a research report on Friday. DA Davidson increased their target price on shares of Comfort Systems USA from $465.00 to $630.00 and gave the company a "buy" rating in a research report on Monday, June 30th. Finally, Wall Street Zen raised shares of Comfort Systems USA from a "hold" rating to a "buy" rating in a research report on Saturday. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of $599.60.

Insiders Place Their Bets

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

Comfort Systems USA Trading Down 0.5%

Shares of NYSE:FIX traded down $3.12 during trading on Monday, reaching $685.62. The stock had a trading volume of 186,877 shares, compared to its average volume of 473,769. Comfort Systems USA, Inc. has a fifty-two week low of $272.92 and a fifty-two week high of $709.40. The business has a fifty day moving average price of $514.64 and a 200-day moving average price of $435.67. The stock has a market cap of $24.19 billion, a P/E ratio of 35.21 and a beta of 1.51. The company has a quick ratio of 1.10, a current ratio of 1.13 and a debt-to-equity ratio of 0.03.

Comfort Systems USA (NYSE:FIX - Get Free Report) last issued its earnings results on Thursday, July 24th. The construction company reported $6.53 earnings per share for the quarter, topping the consensus estimate of $4.84 by $1.69. Comfort Systems USA had a return on equity of 39.33% and a net margin of 9.01%. The business had revenue of $2.17 billion for the quarter, compared to analyst estimates of $1.97 billion. During the same period last year, the company posted $3.74 EPS. The business's quarterly revenue was up 20.1% on a year-over-year basis. As a group, analysts anticipate that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current fiscal year.

Comfort Systems USA Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 25th. Stockholders of record on Thursday, August 14th will be paid a $0.50 dividend. The ex-dividend date is Thursday, August 14th. This is an increase from Comfort Systems USA's previous quarterly dividend of $0.45. This represents a $2.00 annualized dividend and a dividend yield of 0.29%. Comfort Systems USA's dividend payout ratio is 9.25%.

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.