U.S. Capital Wealth Advisors LLC Buys 2,553 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

U.S. Capital Wealth Advisors LLC grew its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 35.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,823 shares of the construction company's stock after purchasing an additional 2,553 shares during the period. U.S. Capital Wealth Advisors LLC's holdings in Comfort Systems USA were worth $3,166,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. California First Leasing Corp acquired a new position in shares of Comfort Systems USA during the first quarter valued at about $2,534,000. TD Private Client Wealth LLC raised its holdings in shares of Comfort Systems USA by 26.1% in the 1st quarter. TD Private Client Wealth LLC now owns 1,236 shares of the construction company's stock worth $398,000 after acquiring an additional 256 shares during the last quarter. Wayfinding Financial LLC acquired a new stake in shares of Comfort Systems USA in the 1st quarter worth about $50,000. Deroy & Devereaux Private Investment Counsel Inc. acquired a new stake in shares of Comfort Systems USA in the 1st quarter worth about $3,117,000. Finally, Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of Comfort Systems USA in the 1st quarter worth about $5,683,000. Institutional investors and hedge funds own 96.51% of the company's stock.

Insiders Place Their Bets

In other news, Director Vance W. Tang sold 500 shares of the stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $422.00, for a total transaction of $211,000.00. Following the completion of the transaction, the director directly owned 4,998 shares of the company's stock, valued at $2,109,156. This represents a 9.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Pablo G. Mercado sold 1,800 shares of the stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $436.10, for a total transaction of $784,980.00. Following the transaction, the director directly owned 7,236 shares of the company's stock, valued at $3,155,619.60. This represents a 19.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 40,800 shares of company stock worth $18,696,795 in the last ninety days. 1.59% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Wall Street Zen lowered shares of Comfort Systems USA from a "buy" rating to a "hold" rating in a report on Saturday, July 5th. Stifel Nicolaus upped their target price on shares of Comfort Systems USA from $512.00 to $581.00 and gave the stock a "buy" rating in a report on Friday. Finally, DA Davidson upped their target price on shares of Comfort Systems USA from $465.00 to $630.00 and gave the stock a "buy" rating in a report on Monday, June 30th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $572.60.

Comfort Systems USA Stock Up 1.2%

FIX stock traded up $6.34 during trading on Friday, reaching $540.11. The stock had a trading volume of 263,894 shares, compared to its average volume of 413,854. Comfort Systems USA, Inc. has a one year low of $272.93 and a one year high of $553.09. The company has a quick ratio of 1.05, a current ratio of 1.08 and a debt-to-equity ratio of 0.04. The company's 50 day moving average is $490.08 and its two-hundred day moving average is $426.56. The company has a market capitalization of $19.06 billion, a price-to-earnings ratio of 32.40 and a beta of 1.51.

Comfort Systems USA (NYSE:FIX - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The construction company reported $4.75 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.66 by $1.09. Comfort Systems USA had a net margin of 8.13% and a return on equity of 36.35%. The business had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.77 billion. During the same period in the prior year, the firm posted $2.69 EPS. The firm's quarterly revenue was up 19.1% compared to the same quarter last year. Equities research analysts forecast that Comfort Systems USA, Inc. will post 16.85 EPS for the current year.

Comfort Systems USA Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 27th. Shareholders of record on Friday, May 16th were given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 0.33%. This is an increase from Comfort Systems USA's previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Friday, May 16th. Comfort Systems USA's dividend payout ratio is presently 10.80%.

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.