Comfort Systems USA, Inc. (NYSE:FIX) insider Brian E. Lane sold 19,124 shares of Comfort Systems USA stock in a transaction dated Friday, March 2nd. The shares were sold at an average price of $40.26, for a total value of $769,932.24. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Comfort Systems USA, Inc. (NYSE:FIX) traded up $0.02 during trading on Wednesday, hitting $42.47. The company had a trading volume of 67,156 shares, compared to its average volume of 152,440. The company has a current ratio of 1.31, a quick ratio of 1.28 and a debt-to-equity ratio of 0.14. Comfort Systems USA, Inc. has a 1 year low of $31.90 and a 1 year high of $44.80. The stock has a market cap of $1,583.66, a price-to-earnings ratio of 24.77, a PEG ratio of 1.79 and a beta of 1.19.
Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings results on Thursday, February 22nd. The construction company reported $0.45 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.51 by ($0.06). Comfort Systems USA had a net margin of 3.09% and a return on equity of 16.10%. The business had revenue of $461.10 million during the quarter, compared to analysts’ expectations of $445.85 million. During the same quarter in the prior year, the firm earned $0.45 EPS. Comfort Systems USA’s revenue for the quarter was up 17.6% on a year-over-year basis. sell-side analysts anticipate that Comfort Systems USA, Inc. will post 2.38 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 23rd. Investors of record on Monday, March 12th will be issued a $0.075 dividend. This represents a $0.30 annualized dividend and a yield of 0.71%. The ex-dividend date of this dividend is Friday, March 9th. Comfort Systems USA’s payout ratio is 20.41%.
Separately, Zacks Investment Research upgraded Comfort Systems USA from a “hold” rating to a “buy” rating and set a $48.00 price objective for the company in a research note on Tuesday, February 27th. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Comfort Systems USA currently has an average rating of “Hold” and a consensus target price of $58.00.
Hedge funds have recently bought and sold shares of the stock. Citadel Advisors LLC boosted its holdings in Comfort Systems USA by 42.9% in the 3rd quarter. Citadel Advisors LLC now owns 61,436 shares of the construction company’s stock worth $2,193,000 after buying an additional 18,439 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Comfort Systems USA during the 3rd quarter worth approximately $269,000. Pax World Management LLC acquired a new position in shares of Comfort Systems USA during the 3rd quarter worth approximately $9,751,000. GSA Capital Partners LLP boosted its holdings in shares of Comfort Systems USA by 68.1% during the 3rd quarter. GSA Capital Partners LLP now owns 58,475 shares of the construction company’s stock worth $2,088,000 after purchasing an additional 23,694 shares during the last quarter. Finally, Virginia Retirement Systems ET AL boosted its holdings in shares of Comfort Systems USA by 6.2% during the 3rd quarter. Virginia Retirement Systems ET AL now owns 61,300 shares of the construction company’s stock worth $2,188,000 after purchasing an additional 3,600 shares during the last quarter. Institutional investors own 95.00% of the company’s stock.
TRADEMARK VIOLATION WARNING: “Insider Selling: Comfort Systems USA, Inc. (FIX) Insider Sells 19,124 Shares of Stock” was originally published by The Lincolnian Online and is owned by of The Lincolnian Online. If you are accessing this article on another domain, it was stolen and republished in violation of US & international copyright law. The correct version of this article can be viewed at https://www.thelincolnianonline.com/2018/03/14/brian-e-lane-sells-19124-shares-of-comfort-systems-usa-inc-fix-stock.html.
About Comfort Systems USA
Comfort Systems USA, Inc is a provider of mechanical contracting services, which principally includes heating, ventilation and air conditioning (HVAC), plumbing, piping and controls, as well as off-site construction, electrical, monitoring and fire protection. As of December 31, 2016, the Company installed, maintained, repaired and replaced products and systems throughout its 35 operating units in 84 cities and 91 locations throughout the United States.
Receive News & Ratings for Comfort Systems USA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Comfort Systems USA and related companies with MarketBeat.com's FREE daily email newsletter.