BayBridge Capital Group LLC Has $815,000 Stock Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

by · The Markets Daily

BayBridge Capital Group LLC grew its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX – Free Report) by 4.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,088 shares of the construction company’s stock after purchasing an additional 82 shares during the period. BayBridge Capital Group LLC’s holdings in Comfort Systems USA were worth $815,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Sunbelt Securities Inc. boosted its holdings in Comfort Systems USA by 2,107.7% in the first quarter. Sunbelt Securities Inc. now owns 287 shares of the construction company’s stock worth $91,000 after acquiring an additional 274 shares in the last quarter. Diversified Trust Co lifted its holdings in shares of Comfort Systems USA by 4.4% in the 1st quarter. Diversified Trust Co now owns 6,294 shares of the construction company’s stock worth $2,000,000 after purchasing an additional 264 shares in the last quarter. State of Michigan Retirement System grew its position in Comfort Systems USA by 1.2% in the 1st quarter. State of Michigan Retirement System now owns 8,700 shares of the construction company’s stock valued at $2,764,000 after purchasing an additional 100 shares during the period. Norden Group LLC increased its stake in Comfort Systems USA by 1,143.4% during the 1st quarter. Norden Group LLC now owns 50,545 shares of the construction company’s stock valued at $16,056,000 after purchasing an additional 46,480 shares in the last quarter. Finally, Edge Financial Advisors LLC acquired a new position in Comfort Systems USA during the first quarter worth $350,000. Institutional investors own 96.51% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Saturday, October 12th.

Get Our Latest Stock Analysis on FIX

Comfort Systems USA Stock Down 10.3 %

Shares of NYSE:FIX opened at $370.85 on Friday. The business’s 50 day moving average is $371.25 and its 200 day moving average is $335.29. Comfort Systems USA, Inc. has a 12-month low of $152.18 and a 12-month high of $424.63. The stock has a market cap of $13.25 billion, a price-to-earnings ratio of 36.72 and a beta of 1.13. The company has a quick ratio of 0.97, a current ratio of 1.00 and a debt-to-equity ratio of 0.05.

Comfort Systems USA (NYSE:FIX – Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The construction company reported $4.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.05 by $0.04. The firm had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.84 billion. Comfort Systems USA had a net margin of 7.02% and a return on equity of 31.49%. The business’s revenue for the quarter was up 31.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.74 EPS. On average, sell-side analysts forecast that Comfort Systems USA, Inc. will post 13.79 earnings per share for the current fiscal year.

Comfort Systems USA Announces Dividend

The company also recently disclosed a dividend, which will be paid on Monday, November 25th. Shareholders of record on Thursday, November 14th will be given a $0.35 dividend. The ex-dividend date of this dividend is Thursday, November 14th. Comfort Systems USA’s payout ratio is 11.88%.

Insider Buying and Selling at Comfort Systems USA

In other news, insider Brian E. Lane sold 15,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 14th. The stock was sold at an average price of $329.55, for a total value of $4,943,250.00. Following the transaction, the insider now owns 219,205 shares in the company, valued at $72,239,007.75. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, insider Brian E. Lane sold 15,000 shares of Comfort Systems USA stock in a transaction on Wednesday, August 14th. The stock was sold at an average price of $329.55, for a total transaction of $4,943,250.00. Following the sale, the insider now directly owns 219,205 shares in the company, valued at approximately $72,239,007.75. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO William George III sold 5,845 shares of the company’s stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $332.16, for a total value of $1,941,475.20. Following the completion of the transaction, the chief financial officer now owns 55,099 shares of the company’s stock, valued at $18,301,683.84. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 24,391 shares of company stock worth $8,076,855. Insiders own 1.80% of the company’s stock.

About Comfort Systems USA

(Free Report)

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.

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