Neumeier Poma Investment Counsel LLC Raises Position in Comfort Systems USA, Inc. (NYSE:FIX)

Neumeier Poma Investment Counsel LLC lifted its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 36.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 73,534 shares of the construction company's stock after purchasing an additional 19,833 shares during the period. Comfort Systems USA accounts for 3.0% of Neumeier Poma Investment Counsel LLC's holdings, making the stock its 13th biggest holding. Neumeier Poma Investment Counsel LLC owned about 0.21% of Comfort Systems USA worth $31,183,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Proficio Capital Partners LLC acquired a new position in shares of Comfort Systems USA in the 4th quarter worth approximately $217,771,000. Raymond James Financial Inc. bought a new position in Comfort Systems USA during the fourth quarter worth $39,038,000. Vanguard Group Inc. grew its stake in shares of Comfort Systems USA by 1.8% in the 4th quarter. Vanguard Group Inc. now owns 3,780,695 shares of the construction company's stock valued at $1,603,242,000 after buying an additional 67,240 shares during the period. River Global Investors LLP bought a new position in Comfort Systems USA in the fourth quarter worth approximately $20,945,000. Finally, Geode Capital Management LLC lifted its holdings in shares of Comfort Systems USA by 6.8% in the 3rd quarter. Geode Capital Management LLC now owns 748,128 shares of the construction company's stock worth $292,093,000 after purchasing an additional 47,929 shares in the last quarter. Institutional investors own 96.51% of the company's stock.

Comfort Systems USA Stock Performance

NYSE FIX opened at $322.56 on Tuesday. The stock has a market capitalization of $11.47 billion, a PE ratio of 22.08 and a beta of 1.24. Comfort Systems USA, Inc. has a 1 year low of $272.93 and a 1 year high of $553.09. The company's 50 day simple moving average is $390.21 and its two-hundred day simple moving average is $419.16. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02.

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Comfort Systems USA (NYSE:FIX - Get Free Report) last announced its earnings results on Thursday, February 20th. The construction company reported $4.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.63 by $0.46. The business had revenue of $1.87 billion during 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 predict that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current fiscal year.

Comfort Systems USA Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 21st. Shareholders 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 annualized dividend and a yield of 0.50%. This is a positive change from Comfort Systems USA's previous quarterly dividend of $0.35. Comfort Systems USA's payout ratio is 10.95%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. StockNews.com cut shares of Comfort Systems USA from a "buy" rating to a "hold" rating in a report on Tuesday, March 25th. Stifel Nicolaus cut their price objective on Comfort Systems USA from $577.00 to $471.00 and set a "buy" rating on the stock in a research report on Monday, February 24th. UBS Group boosted their target price on shares of Comfort Systems USA from $525.00 to $575.00 and gave the company a "buy" rating in a research note on Monday, December 9th. Finally, Sidoti raised Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 price objective for the company in a report on Monday, February 24th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus 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.