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2,783 Shares in Comfort Systems USA, Inc. (NYSE:FIX) Purchased by Kiker Wealth Management LLC

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Kiker Wealth Management LLC bought a new stake in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 2,783 shares of the construction company's stock, valued at approximately $1,180,000. Comfort Systems USA comprises about 1.0% of Kiker Wealth Management LLC's holdings, making the stock its 25th biggest holding.

Several other institutional investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of 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 buying an additional 28 shares during the last quarter. Dakota Wealth Management boosted its position in Comfort Systems USA by 3.8% during the fourth quarter. Dakota Wealth Management now owns 788 shares of the construction company's stock valued at $334,000 after purchasing an additional 29 shares during the last quarter. Private Trust Co. NA grew its stake in Comfort Systems USA by 41.3% in the fourth 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 in the last quarter. Trust Point Inc. increased its position in shares of 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 purchasing an additional 32 shares during the last quarter. Finally, Savant Capital LLC raised its stake in shares of 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 purchasing an additional 33 shares in the last quarter. Institutional investors own 96.51% of the company's stock.

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Comfort Systems USA Stock Performance

Shares of NYSE:FIX traded down $6.57 on Tuesday, hitting $372.67. The company had a trading volume of 370,249 shares, compared to its average volume of 407,090. The stock has a market cap of $13.25 billion, a price-to-earnings ratio of 25.51 and a beta of 1.24. The stock has a 50 day moving average price of $405.77 and a 200 day moving average price of $418.50. Comfort Systems USA, Inc. has a 1-year low of $272.93 and a 1-year high of $553.09. 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 (NYSE:FIX - Get Free Report) last announced 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. The business had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.77 billion. Comfort Systems USA had a net margin of 7.43% and a return on equity of 35.28%. Analysts expect that Comfort Systems USA, Inc. will post 16.85 EPS for the current year.

Comfort Systems USA Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Monday, March 10th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.43%. This is a positive change 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

Several equities analysts recently weighed in on FIX shares. StockNews.com raised shares of Comfort Systems USA from a "hold" rating to a "buy" rating in a research note on Saturday, February 15th. Stifel Nicolaus decreased 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 report on Monday, February 24th. Sidoti raised shares of Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 target price on the stock in a report on Monday, February 24th. Finally, 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. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus target price of $530.75.

Check Out Our Latest Report on FIX

About Comfort Systems USA

(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.

See Also

Institutional Ownership by Quarter for Comfort Systems USA (NYSE:FIX)

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