Proficio Capital Partners LLC Buys Shares of 513,537 Comfort Systems USA, Inc. (NYSE:FIX)

Proficio Capital Partners LLC bought a new stake in shares of 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 SEC. The firm bought 513,537 shares of the construction company's stock, valued at approximately $217,771,000. Proficio Capital Partners LLC owned 1.44% of Comfort Systems USA at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of FIX. Vaughan Nelson Investment Management L.P. acquired a new position in shares of Comfort Systems USA in the 3rd quarter worth approximately $138,987,000. Jennison Associates LLC grew its stake in shares of Comfort Systems USA by 6,071.6% in the 3rd quarter. Jennison Associates LLC now owns 176,570 shares of the construction company's stock worth $68,924,000 after purchasing an additional 173,709 shares during the last quarter. Natixis Advisors LLC grew its stake in shares of Comfort Systems USA by 871.4% in the 3rd quarter. Natixis Advisors LLC now owns 132,693 shares of the construction company's stock worth $51,797,000 after purchasing an additional 119,033 shares during the last quarter. EULAV Asset Management grew its stake in shares of Comfort Systems USA by 80.0% in the 3rd 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. Finally, Geode Capital Management LLC grew its stake 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 during the last quarter. Institutional investors and hedge funds own 96.51% of the company's stock.

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Comfort Systems USA Trading Up 1.5 %

Shares of Comfort Systems USA stock traded up $5.39 during trading on Friday, hitting $362.02. The stock had a trading volume of 728,330 shares, compared to its average volume of 561,203. 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 market capitalization of $12.87 billion, a PE ratio of 24.78 and a beta of 1.22. The stock has a 50 day simple moving average of $436.85 and a 200 day simple moving average of $417.10. Comfort Systems USA, Inc. has a 1 year low of $272.92 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 EPS for the quarter, topping the consensus estimate of $3.63 by $0.46. The business had revenue of $1.87 billion during the quarter, compared to analysts' expectations of $1.77 billion. Comfort Systems USA had a net margin of 7.43% and a return on equity of 35.28%. On average, research analysts expect that Comfort Systems USA, Inc. will post 16.85 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Monday, March 10th will be issued a dividend of $0.40 per share. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.35. This represents a $1.60 annualized dividend and a dividend yield of 0.44%. The ex-dividend date of this dividend is Monday, March 10th. Comfort Systems USA's dividend payout ratio (DPR) is currently 10.95%.

Analyst Ratings Changes

FIX has been the topic of several recent research reports. 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 dropped their target price on shares of 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. Northcoast Research initiated coverage on shares of Comfort Systems USA in a research report on Friday, November 22nd. They issued a "buy" rating and a $525.00 target price on the stock. StockNews.com raised shares of Comfort Systems USA from a "hold" rating to a "buy" rating in a research report on Saturday, February 15th. Finally, UBS Group lifted their target price on shares of Comfort Systems USA from $525.00 to $575.00 and gave the stock a "buy" rating in a research report on Monday, December 9th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $530.75.

About Comfort Systems USA

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.