Illumine Investment Management LLC Invests $668,000 in Comfort Systems USA, Inc. (NYSE:FIX)

Illumine Investment Management LLC bought a new stake in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,574 shares of the construction company's stock, valued at approximately $668,000.

A number of other institutional investors have also recently made changes to their positions in FIX. Private Trust Co. NA raised 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 purchasing an additional 31 shares during the last quarter. Parkside Financial Bank & Trust lifted its stake in shares of Comfort Systems USA by 24.5% in the fourth quarter. Parkside Financial Bank & Trust now owns 264 shares of the construction company's stock worth $112,000 after buying an additional 52 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in Comfort Systems USA in the 4th quarter valued at about $217,771,000. Robeco Schweiz AG boosted its stake in Comfort Systems USA by 4.1% during the fourth quarter. Robeco Schweiz AG now owns 23,100 shares of the construction company's stock worth $9,796,000 after buying an additional 900 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new stake in Comfort Systems USA in the 4th quarter valued at $4,045,000. 96.51% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

FIX has been the topic of several analyst reports. UBS Group lifted 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. StockNews.com upgraded shares of Comfort Systems USA from a "hold" rating to a "buy" rating in a report on Saturday, February 15th. Sidoti upgraded shares of Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 price target for the company in a report on Monday, February 24th. Northcoast Research began coverage on Comfort Systems USA in a report on Friday, November 22nd. They issued a "buy" rating and a $525.00 price objective on the stock. Finally, Stifel Nicolaus lowered their price objective on 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. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $530.75.

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Comfort Systems USA Trading Down 1.8 %

NYSE:FIX traded down $6.13 during trading hours on Tuesday, reaching $339.45. 828,585 shares of the stock were exchanged, compared to its average volume of 405,925. Comfort Systems USA, Inc. has a twelve month low of $272.93 and a twelve month high of $553.09. The business has a 50-day moving average of $435.06 and a two-hundred day moving average of $417.77. The company has a market capitalization of $12.07 billion, a price-to-earnings ratio of 23.23 and a beta of 1.22. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.04.

Comfort Systems USA (NYSE:FIX - Get Free Report) last announced its 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. The company 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%. On average, equities analysts predict 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 will be paid on Friday, March 21st. Shareholders of record on Monday, March 10th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, March 10th. This is a positive change from Comfort Systems USA's previous quarterly dividend of $0.35. This represents a $1.60 dividend on an annualized basis and a yield of 0.47%. Comfort Systems USA's dividend payout ratio is 10.95%.

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.