Steward Partners Investment Advisory LLC lifted its position in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 145.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,765 shares of the construction company's stock after acquiring an additional 1,045 shares during the period. Steward Partners Investment Advisory LLC's holdings in Comfort Systems USA were worth $749,000 as of its most recent filing with the SEC.
Several other institutional investors have also modified their holdings of the company. Harbor Investment Advisory LLC lifted its holdings in Comfort Systems USA by 183.3% in the 4th quarter. Harbor Investment Advisory LLC now owns 85 shares of the construction company's stock valued at $36,000 after acquiring an additional 55 shares during the last quarter. Private Trust Co. NA lifted its holdings in Comfort Systems USA by 41.3% in 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. True Wealth Design LLC acquired a new stake in Comfort Systems USA in the 3rd quarter valued at about $53,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Comfort Systems USA by 28.6% in the 4th 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. Finally, Smartleaf Asset Management LLC lifted its holdings in Comfort Systems USA by 67.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 152 shares of the construction company's stock valued at $65,000 after acquiring an additional 61 shares during the last quarter. Institutional investors own 96.51% of the company's stock.
Comfort Systems USA Trading Up 4.1 %
NYSE:FIX opened at $326.05 on Wednesday. The stock's 50 day moving average price is $422.70 and its 200 day moving average price is $417.53. Comfort Systems USA, Inc. has a 52 week low of $272.93 and a 52 week high of $553.09. The company has a market capitalization of $11.59 billion, a P/E ratio of 22.32 and a beta of 1.24. 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 (NYSE:FIX - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The construction company reported $4.09 EPS for the quarter, topping analysts' consensus estimates of $3.63 by $0.46. Comfort Systems USA had a return on equity of 35.28% and a net margin of 7.43%. The firm had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.77 billion. On average, research 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 declared a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Monday, March 10th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.49%. The ex-dividend date of this dividend is Monday, March 10th. This is an increase from Comfort Systems USA's previous quarterly dividend of $0.35. Comfort Systems USA's dividend payout ratio (DPR) is 10.95%.
Analyst Upgrades and Downgrades
A number of analysts have commented on the stock. UBS Group upped their price objective on shares of Comfort Systems USA from $525.00 to $575.00 and gave the company a "buy" rating in a research note on Monday, December 9th. Sidoti raised shares of Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 price objective for the company in a research note on Monday, February 24th. Stifel Nicolaus reduced their price objective on shares of 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. Northcoast Research assumed coverage on shares of Comfort Systems USA in a research note on Friday, November 22nd. They set a "buy" rating and a $525.00 price objective for the company. Finally, StockNews.com raised shares of 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, According to data from MarketBeat.com, Comfort Systems USA has an average rating of "Buy" and an average price target of $530.75.
Check Out Our Latest Stock Analysis on Comfort Systems USA
Comfort Systems USA Company Profile
(
Free Report)
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.
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