F M Investments LLC Has $4.99 Million Stock Position in Comfort Systems USA, Inc. (NYSE:FIX)

F M Investments LLC decreased its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 71.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,756 shares of the construction company's stock after selling 29,282 shares during the quarter. F M Investments LLC's holdings in Comfort Systems USA were worth $4,985,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FIX. EverSource Wealth Advisors LLC boosted its holdings in shares of Comfort Systems USA by 1,925.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 81 shares of the construction company's stock worth $34,000 after buying an additional 77 shares during the period. Harbor Investment Advisory LLC lifted its position in Comfort Systems USA by 183.3% during the fourth quarter. Harbor Investment Advisory LLC now owns 85 shares of the construction company's stock worth $36,000 after acquiring an additional 55 shares during the last quarter. Private Trust Co. NA boosted its holdings in shares of Comfort Systems USA by 41.3% during the fourth quarter. Private Trust Co. NA now owns 106 shares of the construction company's stock worth $45,000 after acquiring an additional 31 shares during the period. Skandinaviska Enskilda Banken AB publ grew its position in shares of Comfort Systems USA by 1,300.0% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 112 shares of the construction company's stock valued at $48,000 after purchasing an additional 104 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Comfort Systems USA by 28.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 126 shares of the construction company's stock worth $53,000 after purchasing an additional 28 shares during the period. 96.51% of the stock is owned by institutional investors.

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Wall Street Analysts Forecast Growth

Several research firms recently issued reports on FIX. Sidoti upgraded Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 price target for the company in a research note on Monday, February 24th. Stifel Nicolaus reduced their target price on shares of Comfort Systems USA from $577.00 to $471.00 and set a "buy" rating for the company in a research report on Monday, February 24th. Finally, StockNews.com raised shares of Comfort Systems USA from a "hold" rating to a "buy" rating in a research report on Wednesday, April 9th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $530.75.

Comfort Systems USA Price Performance

NYSE FIX traded up $5.06 during midday trading on Tuesday, hitting $356.66. The company had a trading volume of 291,575 shares, compared to its average volume of 567,536. The firm has a 50-day moving average price of $357.82 and a 200-day moving average price of $415.08. The company has a market capitalization of $12.60 billion, a PE ratio of 24.41 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 twelve month low of $272.92 and a twelve month high of $553.09.

Comfort Systems USA (NYSE:FIX - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The construction company reported $4.09 EPS for the quarter, beating 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 business had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.77 billion. As a group, analysts anticipate that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current fiscal year.

Comfort Systems USA Increases Dividend

The company also recently declared 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 dividend on an annualized basis and a dividend yield of 0.45%. The ex-dividend date of this dividend was 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 is 10.95%.

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.