Nisa Investment Advisors LLC Buys 3,000 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Nisa Investment Advisors LLC boosted its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 13.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,700 shares of the construction company’s stock after purchasing an additional 3,000 shares during the quarter. Nisa Investment Advisors LLC owned about 0.07% of Comfort Systems USA worth $1,310,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Oregon Public Employees Retirement Fund boosted its holdings in Comfort Systems USA by 1.8% in the first quarter. Oregon Public Employees Retirement Fund now owns 14,388 shares of the construction company’s stock worth $754,000 after acquiring an additional 260 shares in the last quarter. Comerica Bank boosted its holdings in Comfort Systems USA by 0.7% in the first quarter. Comerica Bank now owns 38,773 shares of the construction company’s stock worth $2,095,000 after acquiring an additional 271 shares in the last quarter. Mason Street Advisors LLC boosted its holdings in Comfort Systems USA by 2.6% in the first quarter. Mason Street Advisors LLC now owns 11,841 shares of the construction company’s stock worth $620,000 after acquiring an additional 304 shares in the last quarter. Piedmont Investment Advisors Inc. boosted its holdings in Comfort Systems USA by 4.9% in the first quarter. Piedmont Investment Advisors Inc. now owns 9,269 shares of the construction company’s stock worth $486,000 after acquiring an additional 437 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its holdings in Comfort Systems USA by 2.3% in the first quarter. O Shaughnessy Asset Management LLC now owns 20,674 shares of the construction company’s stock worth $1,079,000 after acquiring an additional 456 shares in the last quarter. 92.09% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE:FIX traded up $0.38 during trading on Friday, hitting $41.32. The stock had a trading volume of 458,084 shares, compared to its average volume of 321,865. Comfort Systems USA, Inc. has a 12-month low of $40.14 and a 12-month high of $59.83. The firm has a market capitalization of $1.55 billion, a PE ratio of 13.77, a price-to-earnings-growth ratio of 1.56 and a beta of 1.33. The company has a quick ratio of 1.35, a current ratio of 1.38 and a debt-to-equity ratio of 0.67. The business’s 50-day moving average price is $49.91.

Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings data on Thursday, July 25th. The construction company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.86 by ($0.21). Comfort Systems USA had a return on equity of 21.15% and a net margin of 4.54%. The firm had revenue of $650.30 million during the quarter, compared to analysts’ expectations of $676.49 million. During the same quarter in the previous year, the business earned $0.79 earnings per share. The company’s revenue for the quarter was up 21.6% compared to the same quarter last year. Equities research analysts anticipate that Comfort Systems USA, Inc. will post 2.69 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, August 23rd. Investors of record on Monday, August 12th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.97%. The ex-dividend date is Friday, August 9th. Comfort Systems USA’s dividend payout ratio is currently 13.33%.

Several brokerages have weighed in on FIX. Zacks Investment Research downgraded Comfort Systems USA from a “hold” rating to a “sell” rating in a report on Tuesday. ValuEngine downgraded Comfort Systems USA from a “hold” rating to a “sell” rating in a report on Saturday, July 27th. Finally, DA Davidson raised Comfort Systems USA from a “neutral” rating to a “buy” rating and lowered their price target for the stock from $57.00 to $52.00 in a report on Monday, July 29th.

In related news, Chairman Franklin Myers purchased 1,738 shares of Comfort Systems USA stock in a transaction that occurred on Wednesday, May 22nd. The stock was bought at an average cost of $49.45 per share, for a total transaction of $85,944.10. Following the completion of the transaction, the chairman now owns 242,762 shares in the company, valued at $12,004,580.90. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO William George III purchased 2,500 shares of Comfort Systems USA stock in a transaction that occurred on Monday, July 29th. The shares were bought at an average price of $41.39 per share, with a total value of $103,475.00. Following the completion of the transaction, the chief financial officer now owns 55,462 shares of the company’s stock, valued at approximately $2,295,572.18. The disclosure for this purchase can be found here. Over the last quarter, insiders have purchased 11,238 shares of company stock valued at $490,834. 3.23% of the stock is owned by company insiders.

About Comfort Systems USA

Comfort Systems USA, Inc provides mechanical installation, renovation, maintenance, repair, and replacement services for the mechanical services industry in the United States. It is involved in the design, engineering, integration, installation, and start-up of mechanical and related systems; and maintenance, repair, replacement, renovation, expansion, reconfiguration, and monitoring of mechanical systems, including heating, ventilation, and air conditioning (HVAC) systems, as well as plumbing, piping and controls, off-site construction, electrical, monitoring, and fire protection.

Recommended Story: Trading Ex-Dividend

Institutional Ownership by Quarter for Comfort Systems USA (NYSE:FIX)

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.