Darcy Anderson Sells 3,500 Shares of Comfort Systems USA, Inc. (NYSE:FIX) Stock

Comfort Systems USA, Inc. (NYSE:FIX - Get Free Report) Director Darcy Anderson sold 3,500 shares of the company's stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $344.90, for a total transaction of $1,207,150.00. Following the completion of the transaction, the director now directly owns 40,241 shares of the company's stock, valued at approximately $13,879,120.90. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Darcy Anderson also recently made the following trade(s):

• On Tuesday, March 5th, Darcy Anderson sold 3,800 shares of Comfort Systems USA stock. The shares were sold at an average price of $316.60, for a total value of $1,203,080.00.

Comfort Systems USA Stock Performance

FIX traded up $1.00 on Thursday, reaching $347.21. 348,826 shares of the stock were exchanged, compared to its average volume of 360,208. The company's 50-day moving average price is $311.99 and its 200 day moving average price is $243.89. Comfort Systems USA, Inc. has a fifty-two week low of $144.45 and a fifty-two week high of $351.49. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.96 and a quick ratio of 0.92. The firm has a market capitalization of $12.40 billion, a PE ratio of 34.38 and a beta of 1.20.

Comfort Systems USA (NYSE:FIX - Get Free Report) last issued its quarterly earnings results on Thursday, April 25th. The construction company reported $2.69 EPS for the quarter, topping analysts' consensus estimates of $2.26 by $0.43. Comfort Systems USA had a return on equity of 28.65% and a net margin of 6.51%. The company had revenue of $1.54 billion during the quarter, compared to analysts' expectations of $1.48 billion. During the same quarter in the previous year, the firm posted $1.51 EPS. The firm's revenue was up 30.8% compared to the same quarter last year. As a group, sell-side analysts forecast that Comfort Systems USA, Inc. will post 11.9 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 24th. Investors of record on Monday, May 13th will be issued a $0.30 dividend. The ex-dividend date is Friday, May 10th. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.25. This represents a $1.20 dividend on an annualized basis and a yield of 0.35%. Comfort Systems USA's dividend payout ratio is currently 11.88%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. KeyCorp initiated coverage on Comfort Systems USA in a research note on Wednesday, January 10th. They set a "sector weight" rating for the company. DA Davidson increased their target price on Comfort Systems USA from $200.00 to $350.00 and gave the company a "buy" rating in a research report on Wednesday, February 28th. StockNews.com raised Comfort Systems USA from a "hold" rating to a "buy" rating in a research report on Thursday, April 4th. Finally, UBS Group raised their price objective on Comfort Systems USA from $208.00 to $254.00 and gave the stock a "neutral" rating in a research report on Thursday, February 15th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. State Board of Administration of Florida Retirement System lifted its holdings in Comfort Systems USA by 0.6% in the third quarter. State Board of Administration of Florida Retirement System now owns 10,115 shares of the construction company's stock valued at $1,724,000 after acquiring an additional 60 shares during the last quarter. Portside Wealth Group LLC lifted its holdings in Comfort Systems USA by 3.6% in the third quarter. Portside Wealth Group LLC now owns 2,157 shares of the construction company's stock valued at $368,000 after acquiring an additional 74 shares during the last quarter. Sound View Wealth Advisors Group LLC lifted its holdings in Comfort Systems USA by 5.5% in the third quarter. Sound View Wealth Advisors Group LLC now owns 1,434 shares of the construction company's stock valued at $244,000 after acquiring an additional 75 shares during the last quarter. V Square Quantitative Management LLC purchased a new stake in Comfort Systems USA in the first quarter valued at approximately $25,000. Finally, Freedom Day Solutions LLC raised its position in Comfort Systems USA by 1.2% in the first quarter. Freedom Day Solutions LLC now owns 8,552 shares of the construction company's stock valued at $2,717,000 after purchasing an additional 98 shares during the period. 96.51% of the stock is currently owned by institutional investors and hedge funds.

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.