Homestead Advisers Corp Has $7.33 Million Stock Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

Homestead Advisers Corp reduced its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 28.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 17,288 shares of the construction company's stock after selling 7,000 shares during the quarter. Homestead Advisers Corp's holdings in Comfort Systems USA were worth $7,331,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FIX. Thurston Springer Miller Herd & Titak Inc. increased 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 worth $53,000 after buying an additional 28 shares during the last quarter. Dakota Wealth Management boosted its stake in shares of Comfort Systems USA by 3.8% during the 4th quarter. Dakota Wealth Management now owns 788 shares of the construction company's stock worth $334,000 after acquiring an additional 29 shares in the last quarter. Private Trust Co. NA increased its holdings in shares of Comfort Systems USA by 41.3% during the 4th quarter. Private Trust Co. NA now owns 106 shares of the construction company's stock valued at $45,000 after acquiring an additional 31 shares during the last quarter. Trust Point Inc. raised its stake in shares of Comfort Systems USA by 1.8% in the 4th quarter. Trust Point Inc. now owns 1,827 shares of the construction company's stock valued at $775,000 after acquiring an additional 32 shares in the last quarter. Finally, Savant Capital LLC raised its stake in shares of Comfort Systems USA by 0.8% in the 4th quarter. Savant Capital LLC now owns 4,101 shares of the construction company's stock valued at $1,739,000 after acquiring an additional 33 shares in the last quarter. 96.51% of the stock is owned by hedge funds and other institutional investors.

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Comfort Systems USA Stock Performance

Shares of FIX traded down $7.22 on Monday, reaching $316.89. 285,923 shares of the stock traded hands, compared to its average volume of 422,033. The stock's 50-day moving average price is $393.86 and its 200-day moving average price is $419.28. 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 has a market cap of $11.27 billion, a price-to-earnings ratio of 21.69 and a beta of 1.24. 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 issued its earnings results on Thursday, February 20th. The construction company reported $4.09 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $1.77 billion. Equities analysts forecast that Comfort Systems USA, Inc. will post 16.85 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Monday, March 10th were paid a $0.40 dividend. This is a positive change from Comfort Systems USA's previous quarterly dividend of $0.35. This represents a $1.60 annualized dividend and a dividend yield of 0.50%. The ex-dividend date was Monday, March 10th. Comfort Systems USA's dividend payout ratio is currently 10.95%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on FIX shares. StockNews.com lowered shares of Comfort Systems USA from a "buy" rating to a "hold" rating in a research report on Tuesday, March 25th. Sidoti upgraded Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 target price for the company in a research note on Monday, February 24th. Stifel Nicolaus dropped their price target on Comfort Systems USA from $577.00 to $471.00 and set a "buy" rating on the stock in a research report on Monday, February 24th. Finally, UBS Group upped their price target on Comfort Systems USA from $525.00 to $575.00 and gave the stock a "buy" rating in a report on Monday, December 9th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $530.75.

Comfort Systems USA Company 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.