Catalyst Capital Advisors LLC Has $655,000 Position in Comfort Systems USA, Inc. (NYSE:FIX)

Catalyst Capital Advisors LLC cut its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 29.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,545 shares of the construction company's stock after selling 640 shares during the period. Catalyst Capital Advisors LLC's holdings in Comfort Systems USA were worth $655,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Hollencrest Capital Management bought a new stake in Comfort Systems USA in the third quarter valued at approximately $28,000. Harbor Investment Advisory LLC raised its stake in Comfort Systems USA by 183.3% in the fourth quarter. Harbor Investment Advisory LLC now owns 85 shares of the construction company's stock valued at $36,000 after buying an additional 55 shares during the period. V Square Quantitative Management LLC raised its stake in Comfort Systems USA by 59.5% in the third quarter. V Square Quantitative Management LLC now owns 126 shares of the construction company's stock valued at $49,000 after buying an additional 47 shares during the period. True Wealth Design LLC bought a new stake in Comfort Systems USA in the third quarter valued at approximately $53,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its stake 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 buying an additional 28 shares during the period. 96.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

FIX has been the topic of several research analyst reports. Stifel Nicolaus upped their price objective on Comfort Systems USA from $524.00 to $577.00 and gave the company a "buy" rating in a research note on Friday, January 24th. 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 objective on the stock. UBS Group upped their price objective on Comfort Systems USA from $525.00 to $575.00 and gave the company a "buy" rating in a research note on Monday, December 9th. Finally, StockNews.com upgraded Comfort Systems USA from a "hold" rating to a "buy" rating in a research note on Saturday, February 15th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Comfort Systems USA has a consensus rating of "Buy" and a consensus target price of $506.75.

Comfort Systems USA Stock Performance

Shares of NYSE FIX traded down $19.95 during trading hours on Friday, reaching $362.18. 1,088,247 shares of the stock were exchanged, compared to its average volume of 524,969. The firm has a market capitalization of $12.89 billion, a price-to-earnings ratio of 27.71 and a beta of 1.22. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.02 and a current ratio of 1.04. Comfort Systems USA, Inc. has a 52 week low of $242.84 and a 52 week high of $553.09. The stock's fifty day simple moving average is $446.90 and its 200 day simple moving average is $414.14.

Comfort Systems USA (NYSE:FIX - Get Free Report) last announced its earnings results on Thursday, February 20th. The construction company reported $4.09 earnings per share for the quarter, topping analysts' consensus estimates of $3.63 by $0.46. The company had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.77 billion. Comfort Systems USA had a return on equity of 32.74% and a net margin of 7.18%. Sell-side analysts predict that Comfort Systems USA, Inc. will post 13.95 EPS for the current year.

Comfort Systems USA Increases Dividend

The business also recently declared 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. The ex-dividend date is Monday, March 10th. This represents a $1.60 dividend on an annualized basis and a yield of 0.44%. This is an increase from Comfort Systems USA's previous quarterly dividend of $0.35. Comfort Systems USA's dividend payout ratio is currently 10.71%.

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.