Aster Capital Management DIFC Ltd Takes $469,000 Position in Comfort Systems USA, Inc. (NYSE:FIX)

Aster Capital Management DIFC Ltd bought a new position in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 1,105 shares of the construction company's stock, valued at approximately $469,000.

Several other hedge funds have also recently made changes to their positions in FIX. EverSource Wealth Advisors LLC lifted its stake in shares of Comfort Systems USA by 1,925.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 81 shares of the construction company's stock valued at $34,000 after purchasing an additional 77 shares during the last quarter. Harbor Investment Advisory LLC boosted its stake in Comfort Systems USA by 183.3% during the fourth quarter. Harbor Investment Advisory LLC now owns 85 shares of the construction company's stock worth $36,000 after buying an additional 55 shares during the period. Private Trust Co. NA increased its position in Comfort Systems USA by 41.3% during the fourth quarter. Private Trust Co. NA now owns 106 shares of the construction company's stock valued at $45,000 after acquiring an additional 31 shares during the last quarter. Skandinaviska Enskilda Banken AB publ raised its stake in shares of Comfort Systems USA by 1,300.0% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 112 shares of the construction company's stock valued at $48,000 after acquiring an additional 104 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Comfort Systems USA by 28.6% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 126 shares of the construction company's stock worth $53,000 after acquiring an additional 28 shares during the last quarter. 96.51% of the stock is currently owned by hedge funds and other institutional investors.

Remove Ads

Comfort Systems USA Stock Up 3.1 %

Comfort Systems USA stock traded up $10.54 during midday trading on Friday, hitting $347.94. 330,175 shares of the company's stock were exchanged, compared to its average volume of 435,103. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.02 and a current ratio of 1.04. The company has a market cap of $12.29 billion, a PE ratio of 23.81 and a beta of 1.27. The firm has a 50-day moving average of $359.67 and a two-hundred day moving average of $415.22. Comfort Systems USA, Inc. has a 12 month low of $272.93 and a 12 month high of $553.09.

Comfort Systems USA (NYSE:FIX - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The construction company reported $4.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.63 by $0.46. The firm had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.77 billion. Comfort Systems USA had a net margin of 7.43% and a return on equity of 35.28%. As a group, analysts expect that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current fiscal year.

Comfort Systems USA Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Monday, March 10th were issued a $0.40 dividend. The ex-dividend date of this dividend was Monday, March 10th. This is an increase from Comfort Systems USA's previous quarterly dividend of $0.35. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.46%. Comfort Systems USA's dividend payout ratio (DPR) is currently 10.95%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on FIX. StockNews.com raised shares of Comfort Systems USA from a "hold" rating to a "buy" rating in a research report on Wednesday. Stifel Nicolaus decreased their price target on Comfort Systems USA from $577.00 to $471.00 and set a "buy" rating for the company in a research note on Monday, February 24th. Finally, Sidoti upgraded Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 target price on the stock in a research note on Monday, February 24th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of $530.75.

Comfort Systems USA 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.