Proficio Capital Partners LLC Buys New Stake in Comfort Systems USA, Inc. (NYSE:FIX)

Proficio Capital Partners LLC acquired a new stake in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 1,211 shares of the construction company's stock, valued at approximately $514,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Caprock Group LLC boosted its stake in shares of Comfort Systems USA by 9.4% during the 3rd quarter. Caprock Group LLC now owns 771 shares of the construction company's stock worth $301,000 after acquiring an additional 66 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in Comfort Systems USA by 10.3% in the 3rd quarter. PNC Financial Services Group Inc. now owns 6,442 shares of the construction company's stock worth $2,514,000 after purchasing an additional 600 shares in the last quarter. Commerce Bank acquired a new stake in Comfort Systems USA during the 3rd quarter worth about $511,000. Advisors Asset Management Inc. lifted its stake in Comfort Systems USA by 50.7% during the third quarter. Advisors Asset Management Inc. now owns 1,151 shares of the construction company's stock valued at $449,000 after buying an additional 387 shares in the last quarter. Finally, Citigroup Inc. boosted its stake in Comfort Systems USA by 65.1% in the 3rd quarter. Citigroup Inc. now owns 18,711 shares of the construction company's stock worth $7,304,000 after purchasing an additional 7,379 shares during the period. 96.51% of the stock is currently owned by institutional investors.

Comfort Systems USA Stock Performance

FIX stock traded down $13.82 on Thursday, reaching $331.79. 668,531 shares of the company were exchanged, compared to its average volume of 410,327. The firm has a market capitalization of $11.80 billion, a PE ratio of 22.71 and a beta of 1.24. Comfort Systems USA, Inc. has a 12 month low of $272.93 and a 12 month high of $553.09. The stock's fifty day moving average price is $400.94 and its 200 day moving average price is $418.48. 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 posted its quarterly earnings data on Thursday, February 20th. The construction company reported $4.09 earnings per share (EPS) for the quarter, topping the consensus estimate 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 the consensus estimate of $1.77 billion. On average, research analysts anticipate that Comfort Systems USA, Inc. will post 16.85 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Monday, March 10th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.48%. The ex-dividend date of this dividend was Monday, March 10th. This is a positive change from Comfort Systems USA's previous quarterly dividend of $0.35. Comfort Systems USA's dividend payout ratio (DPR) is presently 10.95%.

Analyst Ratings Changes

FIX has been the subject of a number of research reports. Sidoti upgraded Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 price objective for the company in a research report on Monday, February 24th. Stifel Nicolaus dropped their price objective on shares of 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. StockNews.com downgraded shares of Comfort Systems USA from a "buy" rating to a "hold" rating in a research report on Tuesday. Finally, UBS Group boosted their price target on shares of Comfort Systems USA from $525.00 to $575.00 and gave the company a "buy" rating in a report on Monday, December 9th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company 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.