Natixis Advisors LLC Boosts Stock Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

Natixis Advisors LLC lifted its holdings in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 3.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 137,034 shares of the construction company's stock after purchasing an additional 4,341 shares during the quarter. Natixis Advisors LLC owned 0.39% of Comfort Systems USA worth $58,110,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of FIX. Proficio Capital Partners LLC purchased a new position in Comfort Systems USA in the 4th quarter worth about $217,771,000. Vaughan Nelson Investment Management L.P. bought a new stake in shares of Comfort Systems USA in the third quarter worth approximately $138,987,000. Jennison Associates LLC raised its holdings in shares of Comfort Systems USA by 6,071.6% during the third quarter. Jennison Associates LLC now owns 176,570 shares of the construction company's stock valued at $68,924,000 after purchasing an additional 173,709 shares during the last quarter. Raymond James Financial Inc. bought a new position in Comfort Systems USA during the fourth quarter valued at approximately $39,038,000. Finally, EULAV Asset Management boosted its holdings in Comfort Systems USA by 80.0% in the third quarter. EULAV Asset Management now owns 145,103 shares of the construction company's stock worth $56,641,000 after purchasing an additional 64,500 shares during the last quarter. 96.51% of the stock is owned by institutional investors.

Comfort Systems USA Stock Performance

FIX traded down $0.22 during midday trading on Thursday, reaching $357.31. The company had a trading volume of 395,000 shares, compared to its average volume of 563,780. The business has a 50-day moving average of $410.53 and a two-hundred day moving average of $416.96. 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, Inc. has a 1 year low of $272.92 and a 1 year high of $553.09. The company has a market cap of $12.70 billion, a P/E ratio of 24.46 and a beta of 1.24.

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

Comfort Systems USA Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have 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 for the company in a research note on Monday, February 24th. Northcoast Research started coverage on Comfort Systems USA in a research report on Friday, November 22nd. They set a "buy" rating and a $525.00 price objective for the company. UBS Group raised their target price on Comfort Systems USA from $525.00 to $575.00 and gave the stock a "buy" rating in a research report on Monday, December 9th. Stifel Nicolaus reduced 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 research report on Monday, February 24th. Finally, StockNews.com raised shares of Comfort Systems USA from a "hold" rating to a "buy" rating in a report on Saturday, February 15th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has an average rating of "Buy" and an average target price 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.