Atria Investments Inc Sells 869 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Atria Investments Inc decreased its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 29.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,107 shares of the construction company's stock after selling 869 shares during the quarter. Atria Investments Inc's holdings in Comfort Systems USA were worth $894,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. raised its stake in Comfort Systems USA by 28.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 126 shares of the construction company's stock valued at $53,000 after buying an additional 28 shares during the last quarter. Dakota Wealth Management raised its stake in Comfort Systems USA by 3.8% during the fourth quarter. Dakota Wealth Management now owns 788 shares of the construction company's stock valued at $334,000 after buying an additional 29 shares during the last quarter. Private Trust Co. NA raised its stake 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 buying an additional 31 shares during the last quarter. Trust Point Inc. raised its stake in Comfort Systems USA by 1.8% during the fourth quarter. Trust Point Inc. now owns 1,827 shares of the construction company's stock valued at $775,000 after buying an additional 32 shares during the last quarter. Finally, Savant Capital LLC raised its stake in shares of Comfort Systems USA by 0.8% in the fourth quarter. Savant Capital LLC now owns 4,101 shares of the construction company's stock worth $1,739,000 after purchasing an additional 33 shares during the last quarter. Hedge funds and other institutional investors own 96.51% of the company's stock.

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Comfort Systems USA Stock Performance

Comfort Systems USA stock traded up $14.67 during mid-day trading on Friday, reaching $341.92. 395,350 shares of the stock traded hands, compared to its average volume of 403,895. The stock has a market capitalization of $12.16 billion, a PE ratio of 23.40 and a beta of 1.24. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02. Comfort Systems USA, Inc. has a 12-month low of $272.93 and a 12-month high of $553.09. The business's 50-day moving average is $416.79 and its 200-day moving average is $416.94.

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

Comfort Systems USA Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Monday, March 10th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.47%. The ex-dividend date of this dividend is Monday, March 10th. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.35. Comfort Systems USA's dividend payout ratio is 10.95%.

Analysts Set New Price Targets

FIX has been the subject of several recent analyst reports. UBS Group boosted their price target on Comfort Systems USA from $525.00 to $575.00 and gave the stock a "buy" rating in a research note on Monday, December 9th. StockNews.com upgraded Comfort Systems USA from a "hold" rating to a "buy" rating in a research note on Saturday, February 15th. 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. Sidoti upgraded Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 price target for the company in a research note on Monday, February 24th. Finally, Northcoast Research initiated coverage on Comfort Systems USA in a research note on Friday, November 22nd. They issued a "buy" rating and a $525.00 price target for the company. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $530.75.

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.