Parkside Financial Bank & Trust Sells 100 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Parkside Financial Bank & Trust cut its holdings in Comfort Systems USA, Inc. (NYSE:FIX) by 20.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 400 shares of the construction company’s stock after selling 100 shares during the period. Parkside Financial Bank & Trust’s holdings in Comfort Systems USA were worth $82,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Byrne Asset Management LLC bought a new position in shares of Comfort Systems USA in the fourth quarter worth about $26,000. VisionPoint Advisory Group LLC bought a new position in shares of Comfort Systems USA in the third quarter worth about $59,000. Skandinaviska Enskilda Banken AB publ bought a new position in shares of Comfort Systems USA in the third quarter worth about $119,000. Householder Group Estate & Retirement Specialist LLC bought a new position in shares of Comfort Systems USA in the fourth quarter worth about $125,000. Finally, First Trust Direct Indexing L.P. acquired a new stake in Comfort Systems USA during the third quarter worth about $206,000. 96.51% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Comfort Systems USA

In other Comfort Systems USA news, insider Brian E. Lane sold 16,000 shares of Comfort Systems USA stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $312.13, for a total transaction of $4,994,080.00. Following the sale, the insider now directly owns 227,926 shares of the company’s stock, valued at $71,142,542.38. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Pablo G. Mercado sold 1,200 shares of Comfort Systems USA stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $283.17, for a total value of $339,804.00. Following the completion of the transaction, the director now owns 11,038 shares in the company, valued at $3,125,630.46. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Brian E. Lane sold 16,000 shares of Comfort Systems USA stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $312.13, for a total transaction of $4,994,080.00. Following the completion of the transaction, the insider now owns 227,926 shares of the company’s stock, valued at approximately $71,142,542.38. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 46,614 shares of company stock valued at $13,739,345. 1.80% of the stock is currently owned by corporate insiders.

Comfort Systems USA Stock Up 1.0 %

NYSE FIX opened at $311.65 on Friday. The company has a current ratio of 1.11, a quick ratio of 1.07 and a debt-to-equity ratio of 0.03. The stock’s 50 day moving average is $302.17 and its two-hundred day moving average is $233.51. The company has a market capitalization of $11.12 billion, a price-to-earnings ratio of 34.63 and a beta of 1.19. Comfort Systems USA, Inc. has a 1-year low of $129.77 and a 1-year high of $335.25.

Comfort Systems USA (NYSE:FIX) last released its quarterly earnings data on Friday, February 23rd. The construction company reported $2.55 earnings per share for the quarter, beating analysts’ consensus estimates of $2.15 by $0.40. The company had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.33 billion. Comfort Systems USA had a return on equity of 26.99% and a net margin of 6.21%. The company’s quarterly revenue was up 21.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.54 earnings per share. Equities analysts forecast that Comfort Systems USA, Inc. will post 11.42 earnings per share for the current fiscal year.

Comfort Systems USA Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 19th. Shareholders of record on Friday, March 8th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.32%. The ex-dividend date was Thursday, March 7th. Comfort Systems USA’s payout ratio is 11.11%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on FIX shares. DA Davidson lifted their target price on Comfort Systems USA from $200.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, February 28th. KeyCorp started coverage on Comfort Systems USA in a research report on Wednesday, January 10th. They set a “sector weight” rating on the stock. 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 lifted their target price 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.

Comfort Systems USA Company 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.