B. Metzler seel. Sohn & Co. AG Has $1.89 Million Stake in Comfort Systems USA, Inc. (NYSE:FIX)

B. Metzler seel. Sohn & Co. AG reduced its holdings in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 57.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,446 shares of the construction company's stock after selling 6,082 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Comfort Systems USA were worth $1,885,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Proficio Capital Partners LLC bought a new position in shares of Comfort Systems USA during the 4th quarter worth about $217,771,000. Norges Bank acquired a new stake in shares of Comfort Systems USA during the 4th quarter worth approximately $196,154,000. JPMorgan Chase & Co. increased its position in shares of Comfort Systems USA by 191.2% during the fourth quarter. JPMorgan Chase & Co. now owns 380,896 shares of the construction company's stock valued at $161,523,000 after purchasing an additional 250,085 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Comfort Systems USA in the fourth quarter valued at $39,038,000. Finally, Schroder Investment Management Group bought a new position in Comfort Systems USA in the fourth quarter worth $37,797,000. Institutional investors and hedge funds own 96.51% of the company's stock.

Comfort Systems USA Trading Up 2.8 %

Shares of FIX stock traded up $8.33 on Monday, reaching $304.84. 379,233 shares of the stock were exchanged, compared to its average volume of 429,453. 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 one year low of $272.93 and a one year high of $553.09. The stock has a market cap of $10.84 billion, a PE ratio of 20.86 and a beta of 1.27. The stock has a 50 day moving average price of $372.38 and a 200 day moving average price of $418.23.

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Comfort Systems USA (NYSE:FIX - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The construction company reported $4.09 earnings per share for the quarter, beating analysts' consensus estimates of $3.63 by $0.46. Comfort Systems USA had a net margin of 7.43% and a return on equity of 35.28%. The business had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.77 billion. Equities research analysts forecast 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 was paid on Friday, March 21st. Stockholders of record on Monday, March 10th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.52%. The ex-dividend date of this dividend was Monday, March 10th. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.35. Comfort Systems USA's payout ratio is 10.95%.

Analysts Set New Price Targets

Several analysts have recently weighed in on FIX shares. Sidoti upgraded shares of Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 target price on the stock in a research report on Monday, February 24th. UBS Group lifted their price objective on Comfort Systems USA from $525.00 to $575.00 and gave the company a "buy" rating in a report on Monday, December 9th. StockNews.com cut shares of Comfort Systems USA from a "buy" rating to a "hold" rating in a research report on Tuesday, March 25th. Finally, Stifel Nicolaus decreased their price objective on shares of Comfort Systems USA from $577.00 to $471.00 and set a "buy" rating on the stock in a research note on Monday, February 24th. One research 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, the company currently has a consensus rating of "Moderate Buy" and a consensus 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.