Ostrum Asset Management Increases Stock Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

Ostrum Asset Management raised its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 3.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 65,015 shares of the construction company's stock after purchasing an additional 2,045 shares during the period. Comfort Systems USA accounts for approximately 2.4% of Ostrum Asset Management's investment portfolio, making the stock its 20th biggest position. Ostrum Asset Management owned approximately 0.18% of Comfort Systems USA worth $27,570,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Consolidated Planning Corp lifted its stake in shares of Comfort Systems USA by 49.0% in the fourth quarter. Consolidated Planning Corp now owns 4,783 shares of the construction company's stock worth $2,028,000 after acquiring an additional 1,573 shares during the period. Diversified Trust Co bought a new position in Comfort Systems USA during the 4th quarter worth approximately $2,998,000. Raymond James Financial Inc. acquired a new position in shares of Comfort Systems USA in the 4th quarter worth approximately $39,038,000. BOCHK Asset Management Ltd bought a new stake in shares of Comfort Systems USA in the 4th quarter valued at $509,000. Finally, HB Wealth Management LLC acquired a new stake in shares of Comfort Systems USA during the fourth quarter worth $292,000. 96.51% of the stock is owned by institutional investors and hedge funds.

Comfort Systems USA Stock Up 5.6 %

Comfort Systems USA stock traded up $21.25 during midday trading on Friday, reaching $397.46. The stock had a trading volume of 1,314,153 shares, compared to its average volume of 440,832. The company has a fifty day moving average price of $345.79 and a two-hundred day moving average price of $412.27. The company has a market capitalization of $14.04 billion, a P/E ratio of 27.20 and a beta of 1.27. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.04. 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, April 24th. The construction company reported $4.75 EPS for the quarter, beating the consensus estimate of $3.66 by $1.09. Comfort Systems USA had a return on equity of 35.28% and a net margin of 7.43%. The firm had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.77 billion. As a group, equities analysts expect that Comfort Systems USA, Inc. will post 16.85 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Friday, May 16th will be issued a dividend of $0.45 per share. This is an increase from Comfort Systems USA's previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Friday, May 16th. This represents a $1.80 annualized dividend and a yield of 0.45%. Comfort Systems USA's dividend payout ratio is presently 10.95%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. StockNews.com lowered shares of Comfort Systems USA from a "buy" rating to a "hold" rating in a report on Thursday, April 17th. Sidoti raised Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 price objective on the stock in a research note on Monday, February 24th. Finally, Stifel Nicolaus decreased their target price 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. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Comfort Systems USA has an average rating of "Moderate Buy" and an average target price 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.