Comfort Systems USA, Inc. (NYSE:FIX) Shares Bought by National Bank of Canada FI

National Bank of Canada FI increased its holdings in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 520.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 937 shares of the construction company's stock after purchasing an additional 786 shares during the period. National Bank of Canada FI's holdings in Comfort Systems USA were worth $397,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Consolidated Planning Corp increased its stake in Comfort Systems USA by 49.0% during the fourth quarter. Consolidated Planning Corp now owns 4,783 shares of the construction company's stock worth $2,028,000 after acquiring an additional 1,573 shares during the last quarter. Diversified Trust Co purchased a new stake in shares of Comfort Systems USA during the 4th quarter worth about $2,998,000. Raymond James Financial Inc. acquired a new stake in Comfort Systems USA during the 4th quarter worth approximately $39,038,000. BOCHK Asset Management Ltd purchased a new position in Comfort Systems USA in the fourth quarter valued at approximately $509,000. Finally, HB Wealth Management LLC acquired a new position in Comfort Systems USA during the fourth quarter valued at approximately $292,000. 96.51% of the stock is currently owned by institutional investors and hedge funds.

Comfort Systems USA Stock Up 1.0 %

FIX stock traded up $3.38 during trading on Tuesday, reaching $354.98. The stock had a trading volume of 191,131 shares, compared to its average volume of 434,471. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.04. The firm has a fifty day moving average price of $357.82 and a 200 day moving average price of $415.08. The company has a market capitalization of $12.54 billion, a P/E ratio of 24.30 and a beta of 1.27. Comfort Systems USA, Inc. has a 1-year low of $272.93 and a 1-year high of $553.09.

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Comfort Systems USA (NYSE:FIX - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The construction company reported $4.09 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts' expectations of $1.77 billion. On average, equities analysts anticipate that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current year.

Comfort Systems USA Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Monday, March 10th were given 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 0.45%. This is an increase from Comfort Systems USA's previous quarterly dividend of $0.35. Comfort Systems USA's dividend payout ratio (DPR) is presently 10.95%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on FIX shares. Sidoti upgraded 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. Stifel Nicolaus reduced their price objective on Comfort Systems USA from $577.00 to $471.00 and set a "buy" rating on the stock in a research note on Monday, February 24th. Finally, StockNews.com upgraded Comfort Systems USA from a "hold" rating to a "buy" rating in a research note on Wednesday, April 9th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of $530.75.

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.