Comfort Systems USA, Inc. (NYSE:FIX) Holdings Raised by Artemis Investment Management LLP

Artemis Investment Management LLP increased its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 55.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 100,353 shares of the construction company's stock after purchasing an additional 35,955 shares during the period. Artemis Investment Management LLP owned 0.28% of Comfort Systems USA worth $42,556,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. HB Wealth Management LLC purchased a new stake in shares of Comfort Systems USA during the 4th quarter valued at about $292,000. Merit Financial Group LLC purchased a new stake in shares of Comfort Systems USA during the fourth quarter valued at approximately $458,000. Householder Group Estate & Retirement Specialist LLC lifted its position in shares of Comfort Systems USA by 16.0% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 907 shares of the construction company's stock worth $384,000 after purchasing an additional 125 shares in the last quarter. Hennion & Walsh Asset Management Inc. purchased a new position in shares of Comfort Systems USA in the fourth quarter valued at $546,000. Finally, Argent Capital Management LLC acquired a new stake in Comfort Systems USA during the 4th quarter valued at $1,719,000. 96.51% of the stock is owned by hedge funds and other institutional investors.

Comfort Systems USA Stock Down 0.1 %

NYSE:FIX traded down $0.53 during mid-day trading on Monday, reaching $504.62. The stock had a trading volume of 332,588 shares, compared to its average volume of 274,778. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02. The company has a market capitalization of $17.96 billion, a price-to-earnings ratio of 38.61 and a beta of 1.23. Comfort Systems USA, Inc. has a 1-year low of $200.15 and a 1-year high of $510.79. The stock's 50 day simple moving average is $462.59 and its two-hundred day simple moving average is $393.17.

Comfort Systems USA (NYSE:FIX - Get Free Report) last issued its quarterly earnings results on Thursday, October 24th. The construction company reported $4.09 earnings per share for the quarter, beating analysts' consensus estimates of $3.97 by $0.12. The business had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.84 billion. Comfort Systems USA had a return on equity of 32.74% and a net margin of 7.18%. The business's quarterly revenue was up 31.5% on a year-over-year basis. During the same period in the previous year, the business earned $2.74 EPS. Equities analysts anticipate that Comfort Systems USA, Inc. will post 13.95 EPS for the current year.

Comfort Systems USA Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 25th. Stockholders of record on Thursday, November 14th were given a $0.35 dividend. This is an increase from Comfort Systems USA's previous quarterly dividend of $0.30. This represents a $1.40 dividend on an annualized basis and a dividend yield of 0.28%. The ex-dividend date was Thursday, November 14th. Comfort Systems USA's dividend payout ratio (DPR) is presently 10.71%.

Analyst Ratings Changes

A number of brokerages have commented on FIX. UBS Group boosted their price objective on shares of Comfort Systems USA from $525.00 to $575.00 and gave the stock a "buy" rating in a report on Monday, December 9th. Northcoast Research assumed coverage on Comfort Systems USA in a research note on Friday, November 22nd. They issued a "buy" rating and a $525.00 price target on the stock. StockNews.com lowered Comfort Systems USA from a "buy" rating to a "hold" rating in a research note on Thursday, January 9th. Finally, Stifel Nicolaus began coverage on Comfort Systems USA in a research report on Friday, November 15th. They issued a "buy" rating and a $524.00 target price on the stock. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $493.50.

Insider Activity

In related news, COO T Mckenna Trent sold 4,000 shares of the business's stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $484.81, for a total transaction of $1,939,240.00. Following the completion of the transaction, the chief operating officer now owns 23,990 shares in the company, valued at $11,630,591.90. The trade was a 14.29 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Vance W. Tang sold 2,700 shares of the stock in a transaction on Monday, October 28th. The stock was sold at an average price of $390.00, for a total value of $1,053,000.00. Following the completion of the sale, the director now directly owns 5,498 shares in the company, valued at $2,144,220. This represents a 32.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 36,200 shares of company stock valued at $15,431,250. Company insiders own 1.80% of the company's stock.

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.