8,323 Shares in Comfort Systems USA, Inc. (NYSE:FIX) Acquired by Quantbot Technologies LP

Quantbot Technologies LP acquired a new stake in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 8,323 shares of the construction company's stock, valued at approximately $3,529,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC raised its holdings in shares of Comfort Systems USA by 1,925.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 81 shares of the construction company's stock valued at $34,000 after purchasing an additional 77 shares in the last quarter. Harbor Investment Advisory LLC increased its holdings in Comfort Systems USA by 183.3% during the fourth quarter. Harbor Investment Advisory LLC now owns 85 shares of the construction company's stock valued at $36,000 after buying an additional 55 shares during the period. Private Trust Co. NA raised its stake in Comfort Systems USA by 41.3% in the fourth quarter. Private Trust Co. NA now owns 106 shares of the construction company's stock worth $45,000 after buying an additional 31 shares in the last quarter. Skandinaviska Enskilda Banken AB publ lifted its holdings in Comfort Systems USA by 1,300.0% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 112 shares of the construction company's stock worth $48,000 after buying an additional 104 shares during the period. Finally, True Wealth Design LLC bought a new stake in Comfort Systems USA during the 3rd quarter valued at $53,000. 96.51% of the stock is currently owned by institutional investors.

Comfort Systems USA Stock Down 7.3 %

NYSE FIX traded down $27.12 during trading on Wednesday, hitting $345.94. The company's stock had a trading volume of 603,578 shares, compared to its average volume of 408,351. Comfort Systems USA, Inc. has a fifty-two week low of $272.93 and a fifty-two week high of $553.09. The company has a market cap of $12.30 billion, a PE ratio of 23.68 and a beta of 1.24. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02. The business's 50 day simple moving average is $403.89 and its 200-day simple moving average is $418.99.

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Comfort Systems USA (NYSE:FIX - Get Free Report) last released its earnings results on Thursday, February 20th. The construction company reported $4.09 EPS for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $1.77 billion. On average, equities 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 announced a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Monday, March 10th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.46%. This is an increase from Comfort Systems USA's previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Monday, March 10th. Comfort Systems USA's dividend payout ratio is presently 10.95%.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. StockNews.com lowered Comfort Systems USA from a "buy" rating to a "hold" rating in a research report on Tuesday. Sidoti upgraded shares of Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 target price for the company in a report on Monday, February 24th. Stifel Nicolaus lowered their price target on shares of Comfort Systems USA from $577.00 to $471.00 and set a "buy" rating on the stock in a report on Monday, February 24th. Finally, UBS Group lifted their price objective 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. 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, the stock has a consensus rating of "Moderate Buy" and a consensus price target 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.