Comfort Systems USA, Inc. (NYSE:FIX) Position Boosted by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S boosted its holdings in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 297.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 37,859 shares of the construction company's stock after buying an additional 28,327 shares during the period. BI Asset Management Fondsmaeglerselskab A S owned 0.11% of Comfort Systems USA worth $16,054,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. EverSource Wealth Advisors LLC grew its holdings in Comfort Systems USA by 1,925.0% in the fourth 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 period. Harbor Investment Advisory LLC increased its holdings in shares of Comfort Systems USA by 183.3% during the 4th 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 last quarter. Private Trust Co. NA raised its position in shares of Comfort Systems USA by 41.3% in the 4th quarter. Private Trust Co. NA now owns 106 shares of the construction company's stock worth $45,000 after buying an additional 31 shares during the period. Skandinaviska Enskilda Banken AB publ raised its position in shares of Comfort Systems USA by 1,300.0% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 112 shares of the construction company's stock worth $48,000 after buying an additional 104 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Comfort Systems USA by 28.6% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 126 shares of the construction company's stock valued at $53,000 after acquiring an additional 28 shares during the last quarter. Institutional investors and hedge funds own 96.51% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently commented on FIX. Sidoti upgraded Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 price objective on the stock in a report on Monday, February 24th. Stifel Nicolaus cut their price target on shares of Comfort Systems USA from $577.00 to $471.00 and set a "buy" rating on the stock in a report on Monday, February 24th. Finally, StockNews.com downgraded shares of Comfort Systems USA from a "buy" rating to a "hold" rating in a research note on Thursday, April 17th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $530.75.

Comfort Systems USA Stock Up 7.9 %

FIX traded up $29.81 during trading hours on Friday, reaching $406.02. 820,375 shares of the stock traded hands, compared to its average volume of 439,185. Comfort Systems USA, Inc. has a fifty-two week low of $272.93 and a fifty-two week high of $553.09. The company has a market cap of $14.34 billion, a price-to-earnings ratio of 27.70 and a beta of 1.27. 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 firm's fifty day simple moving average is $345.79 and its two-hundred day simple moving average is $412.27.

Comfort Systems USA (NYSE:FIX - Get Free Report) last announced its earnings results on Thursday, April 24th. The construction company reported $4.75 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.66 by $1.09. The business had revenue of $1.83 billion for the quarter, compared to analyst estimates 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, analysts forecast that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current fiscal year.

Comfort Systems USA Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Friday, May 16th will be given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.44%. This is a positive change from Comfort Systems USA's previous quarterly dividend of $0.40. Comfort Systems USA's dividend payout ratio is presently 10.95%.

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.