Comfort Systems USA, Inc. (NYSE:FIX) Shares Bought by Fmr LLC

FMR LLC lifted its position in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 9.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,697,035 shares of the construction company's stock after purchasing an additional 148,493 shares during the period. FMR LLC owned about 4.77% of Comfort Systems USA worth $719,645,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in FIX. Thurston Springer Miller Herd & Titak Inc. lifted its position in Comfort Systems USA by 28.6% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 126 shares of the construction company's stock worth $53,000 after acquiring an additional 28 shares during the period. Dakota Wealth Management grew its position in Comfort Systems USA by 3.8% in the 4th quarter. Dakota Wealth Management now owns 788 shares of the construction company's stock valued at $334,000 after buying an additional 29 shares during the last quarter. Private Trust Co. NA increased its stake 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 buying an additional 31 shares during the period. Trust Point Inc. raised its position in Comfort Systems USA by 1.8% during the 4th quarter. Trust Point Inc. now owns 1,827 shares of the construction company's stock worth $775,000 after buying an additional 32 shares during the last quarter. Finally, Savant Capital LLC raised its position in Comfort Systems USA by 0.8% during the 4th quarter. Savant Capital LLC now owns 4,101 shares of the construction company's stock worth $1,739,000 after buying an additional 33 shares during the last quarter. Institutional investors and hedge funds own 96.51% of the company's stock.

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Analysts Set New Price Targets

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

Comfort Systems USA Price Performance

FIX traded up $4.14 on Monday, hitting $352.91. 46,798 shares of the company were exchanged, compared to its average volume of 434,409. The business's fifty day moving average is $359.67 and its 200 day moving average is $415.34. Comfort Systems USA, Inc. has a fifty-two week low of $272.93 and a fifty-two week high of $553.09. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.02 and a current ratio of 1.04. The firm has a market capitalization of $12.47 billion, a P/E ratio of 24.16 and a beta of 1.27.

Comfort Systems USA (NYSE:FIX - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The construction company reported $4.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.63 by $0.46. The firm had revenue of $1.87 billion during the quarter, compared to analysts' expectations of $1.77 billion. Comfort Systems USA had a return on equity of 35.28% and a net margin of 7.43%. As a group, sell-side analysts anticipate that Comfort Systems USA, Inc. will post 16.85 EPS for the current year.

Comfort Systems USA Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Monday, March 10th were issued a dividend of $0.40 per share. This is an increase from Comfort Systems USA's previous quarterly dividend of $0.35. This represents a $1.60 annualized dividend and a yield of 0.45%. The ex-dividend date of this dividend was Monday, March 10th. Comfort Systems USA's dividend payout ratio (DPR) is 10.95%.

Comfort Systems USA 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.