Natixis Acquires Shares of 41,371 Comfort Systems USA, Inc. (NYSE:FIX)

Natixis 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 Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 41,371 shares of the construction company's stock, valued at approximately $17,544,000. Natixis owned 0.12% of Comfort Systems USA at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Consolidated Planning Corp lifted its stake in Comfort Systems USA by 49.0% in the fourth quarter. Consolidated Planning Corp now owns 4,783 shares of the construction company's stock worth $2,028,000 after purchasing an additional 1,573 shares during the last quarter. Diversified Trust Co purchased a new stake in Comfort Systems USA in the fourth quarter worth $2,998,000. Raymond James Financial Inc. purchased a new stake in shares of Comfort Systems USA during the fourth quarter valued at $39,038,000. BOCHK Asset Management Ltd bought a new position in Comfort Systems USA in the 4th quarter worth about $509,000. Finally, HB Wealth Management LLC bought a new stake in shares of Comfort Systems USA during the fourth quarter valued at approximately $292,000. Institutional investors own 96.51% of the company's stock.

Comfort Systems USA Stock Up 7.5 %

NYSE:FIX traded up $28.10 during mid-day trading on Friday, hitting $404.31. 936,211 shares of the company's stock traded hands, compared to its average volume of 439,489. The company has a fifty day moving average of $345.79 and a 200 day moving average of $412.27. 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, Inc. has a twelve month low of $272.93 and a twelve month high of $553.09. The company has a market capitalization of $14.28 billion, a P/E ratio of 27.69 and a beta of 1.27.

Comfort Systems USA (NYSE:FIX - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The construction company reported $4.75 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.66 by $1.09. The business had revenue of $1.83 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%. On average, analysts forecast 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 will be paid on Tuesday, May 27th. Investors of record on Friday, May 16th will be paid a $0.45 dividend. This is a positive change from Comfort Systems USA's previous quarterly dividend of $0.40. This represents a $1.80 dividend on an annualized basis and a yield of 0.45%. Comfort Systems USA's dividend payout ratio (DPR) is 10.95%.

Wall Street Analysts Forecast Growth

FIX has been the subject of several recent research reports. 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 report on Monday, February 24th. 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 research note on Monday, February 24th. Finally, StockNews.com cut Comfort Systems USA from a "buy" rating to a "hold" rating in a research report on Thursday, April 17th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate 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.