Voya Investment Management LLC Decreases Stock Holdings in Comfort Systems USA, Inc. $FIX

Voya Investment Management LLC lowered its holdings in Comfort Systems USA, Inc. (NYSE:FIX) by 26.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 217,122 shares of the construction company’s stock after selling 79,671 shares during the period. Voya Investment Management LLC owned about 0.62% of Comfort Systems USA worth $178,502,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Wedmont Private Capital boosted its stake in Comfort Systems USA by 3.8% in the third quarter. Wedmont Private Capital now owns 497 shares of the construction company’s stock valued at $406,000 after acquiring an additional 18 shares during the last quarter. Archer Investment Corp lifted its stake in Comfort Systems USA by 8.0% in the second quarter. Archer Investment Corp now owns 270 shares of the construction company’s stock valued at $145,000 after purchasing an additional 20 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its holdings in Comfort Systems USA by 12.4% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 199 shares of the construction company’s stock valued at $107,000 after purchasing an additional 22 shares during the period. Transce3nd LLC grew its holdings in Comfort Systems USA by 12.9% during the second quarter. Transce3nd LLC now owns 192 shares of the construction company’s stock valued at $104,000 after purchasing an additional 22 shares during the period. Finally, Optimum Investment Advisors increased its position in Comfort Systems USA by 0.8% in the second quarter. Optimum Investment Advisors now owns 2,988 shares of the construction company’s stock worth $1,602,000 after buying an additional 25 shares during the last quarter. Institutional investors own 96.51% of the company’s stock.

Comfort Systems USA Stock Performance

NYSE FIX opened at $917.82 on Friday. Comfort Systems USA, Inc. has a 52-week low of $276.44 and a 52-week high of $1,036.67. The company has a fifty day moving average of $932.19 and a 200-day moving average of $747.40. The company has a market capitalization of $32.37 billion, a P/E ratio of 38.86 and a beta of 1.64. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.20 and a current ratio of 1.22.

Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings data on Monday, August 15th. The construction company reported $0.90 EPS for the quarter. The firm had revenue of $713.90 million for the quarter. Comfort Systems USA had a return on equity of 43.59% and a net margin of 10.06%. As a group, equities research analysts predict that Comfort Systems USA, Inc. will post 16.85 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 24th. Shareholders of record on Thursday, November 13th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Thursday, November 13th. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.50. Comfort Systems USA’s dividend payout ratio is currently 10.16%.

Insiders Place Their Bets

In related news, CFO William George III sold 4,370 shares of the firm’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $958.88, for a total value of $4,190,305.60. Following the completion of the sale, the chief financial officer owned 39,824 shares of the company’s stock, valued at $38,186,437.12. This trade represents a 9.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Laura Finley Howell sold 1,000 shares of Comfort Systems USA stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $996.16, for a total transaction of $996,160.00. Following the completion of the sale, the senior vice president owned 7,938 shares in the company, valued at approximately $7,907,518.08. This trade represents a 11.19% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 26,028 shares of company stock worth $25,381,151. Insiders own 1.59% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on FIX shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Comfort Systems USA in a research note on Wednesday, October 8th. William Blair assumed coverage on shares of Comfort Systems USA in a research note on Thursday, September 11th. They issued an “outperform” rating for the company. Zacks Research upgraded shares of Comfort Systems USA from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 28th. Stifel Nicolaus raised their price objective on shares of Comfort Systems USA from $1,069.00 to $1,155.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, DA Davidson set a $810.00 price objective on shares of Comfort Systems USA in a research note on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Comfort Systems USA presently has a consensus rating of “Buy” and a consensus price target of $914.25.

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.