Comfort Systems USA, Inc. (NYSE:FIX) Shares Acquired by Harvest Investment Services LLC

Harvest Investment Services LLC boosted its position in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 75.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,118 shares of the construction company's stock after purchasing an additional 4,343 shares during the period. Comfort Systems USA makes up 1.1% of Harvest Investment Services LLC's holdings, making the stock its 19th biggest holding. Harvest Investment Services LLC's holdings in Comfort Systems USA were worth $4,291,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Barclays PLC raised its position in shares of Comfort Systems USA by 23.4% during the 3rd quarter. Barclays PLC now owns 22,848 shares of the construction company's stock valued at $8,919,000 after buying an additional 4,331 shares during the period. World Investment Advisors LLC acquired a new stake in Comfort Systems USA during the third quarter worth $1,137,000. Franklin Resources Inc. raised its position in Comfort Systems USA by 0.8% in the third quarter. Franklin Resources Inc. now owns 165,579 shares of the construction company's stock valued at $69,402,000 after purchasing an additional 1,236 shares during the period. GAMMA Investing LLC lifted its stake in shares of Comfort Systems USA by 14.1% in the 4th quarter. GAMMA Investing LLC now owns 641 shares of the construction company's stock valued at $272,000 after purchasing an additional 79 shares during the last quarter. Finally, Everence Capital Management Inc. purchased a new position in shares of Comfort Systems USA during the 4th quarter worth $271,000. 96.51% of the stock is owned by hedge funds and other institutional investors.

Comfort Systems USA Stock Performance

NYSE:FIX traded up $21.25 during mid-day trading on Friday, reaching $397.46. The stock had a trading volume of 1,315,692 shares, compared to its average volume of 440,764. The business has a 50 day simple moving average of $345.86 and a 200 day simple moving average of $412.22. Comfort Systems USA, Inc. has a twelve month low of $272.93 and a twelve month high of $553.09. The firm has a market capitalization of $14.04 billion, a price-to-earnings ratio of 27.20 and a beta of 1.27. 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, April 24th. The construction company reported $4.75 EPS for the quarter, topping the consensus estimate of $3.66 by $1.09. Comfort Systems USA had a net margin of 7.43% and a return on equity of 35.28%. The business had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.77 billion. On average, analysts expect 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 will be paid on Tuesday, May 27th. Shareholders of record on Friday, May 16th will be paid a dividend of $0.45 per share. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a dividend yield of 0.45%. The ex-dividend date of this dividend is Friday, May 16th. Comfort Systems USA's dividend payout ratio (DPR) is currently 10.95%.

Wall Street Analysts Forecast Growth

FIX has been the topic of several research analyst reports. Sidoti upgraded shares of Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 price objective on the stock in a report on Monday, February 24th. StockNews.com downgraded shares of Comfort Systems USA from a "buy" rating to a "hold" rating in a research note on Thursday, April 17th. Finally, Stifel Nicolaus decreased their price objective on 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. 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 a consensus rating of "Moderate Buy" and an average price target of $530.75.

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.