Nicholas Company Inc. Decreases Position in Comfort Systems USA, Inc. (NYSE:FIX)

Nicholas Company Inc. lowered its stake in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 15.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,564 shares of the construction company's stock after selling 2,417 shares during the quarter. Nicholas Company Inc.'s holdings in Comfort Systems USA were worth $5,752,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Consolidated Planning Corp lifted its position in shares of Comfort Systems USA by 49.0% in the fourth quarter. Consolidated Planning Corp now owns 4,783 shares of the construction company's stock valued at $2,028,000 after acquiring an additional 1,573 shares in the last quarter. Diversified Trust Co acquired a new position in Comfort Systems USA in the 4th quarter valued at about $2,998,000. Zacks Investment Management lifted its holdings in Comfort Systems USA by 26.2% in the 3rd quarter. Zacks Investment Management now owns 8,650 shares of the construction company's stock valued at $3,376,000 after purchasing an additional 1,795 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Comfort Systems USA during the 4th quarter worth about $39,038,000. Finally, Quest Partners LLC purchased a new stake in shares of Comfort Systems USA during the third quarter worth about $940,000. Institutional investors and hedge funds own 96.51% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on FIX. Sidoti raised 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. Stifel Nicolaus reduced their price target 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. UBS Group lifted their price objective on Comfort Systems USA from $525.00 to $575.00 and gave the company a "buy" rating in a research report on Monday, December 9th. StockNews.com upgraded Comfort Systems USA from a "hold" rating to a "buy" rating in a research note on Saturday, February 15th. Finally, Northcoast Research initiated coverage on Comfort Systems USA in a research note on Friday, November 22nd. They issued a "buy" rating and a $525.00 price target on the stock. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $530.75.

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Comfort Systems USA Trading Down 0.1 %

Shares of NYSE FIX traded down $0.22 during trading on Thursday, hitting $357.31. 395,000 shares of the company traded hands, compared to its average volume of 404,977. The firm has a market capitalization of $12.70 billion, a P/E ratio of 24.46 and a beta of 1.24. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.04. The company has a 50-day moving average price of $410.53 and a 200-day moving average price of $416.96. Comfort Systems USA, Inc. has a 1 year low of $272.93 and a 1 year high of $553.09.

Comfort Systems USA (NYSE:FIX - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The construction company reported $4.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.63 by $0.46. The firm had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.77 billion. Comfort Systems USA had a return on equity of 35.28% and a net margin of 7.43%. On average, equities analysts predict that Comfort Systems USA, Inc. will post 16.85 EPS for the current 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 given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis 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 is 10.95%.

Comfort Systems USA Company 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.