Comfort Systems USA, Inc. (NYSE:FIX) Stock Holdings Increased by Robeco Schweiz AG

Robeco Schweiz AG raised its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 4.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 23,100 shares of the construction company's stock after buying an additional 900 shares during the quarter. Robeco Schweiz AG owned about 0.06% of Comfort Systems USA worth $9,796,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Private Advisor Group LLC boosted its stake in shares of Comfort Systems USA by 11.6% during the third quarter. Private Advisor Group LLC now owns 1,055 shares of the construction company's stock valued at $412,000 after acquiring an additional 110 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in Comfort Systems USA in the 3rd quarter valued at about $1,024,000. DekaBank Deutsche Girozentrale boosted its stake in shares of Comfort Systems USA by 0.7% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 12,523 shares of the construction company's stock worth $4,865,000 after purchasing an additional 93 shares during the last quarter. State of Alaska Department of Revenue grew its holdings in shares of Comfort Systems USA by 7.3% during the third quarter. State of Alaska Department of Revenue now owns 4,140 shares of the construction company's stock worth $1,616,000 after buying an additional 280 shares in the last quarter. Finally, Nisa Investment Advisors LLC raised its position in shares of Comfort Systems USA by 9.8% in the third quarter. Nisa Investment Advisors LLC now owns 18,161 shares of the construction company's stock valued at $7,089,000 after buying an additional 1,618 shares during the last quarter. Hedge funds and other institutional investors own 96.51% of the company's stock.

Remove Ads

Comfort Systems USA Trading Up 1.5 %

Shares of FIX stock traded up $5.39 on Friday, reaching $362.02. 728,330 shares of the stock were exchanged, compared to its average volume of 561,203. The stock has a market cap of $12.87 billion, a P/E ratio of 24.78 and a beta of 1.22. 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 firm has a 50 day moving average of $436.85 and a two-hundred day 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 released 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. The company 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%. On average, research analysts anticipate that Comfort Systems USA, Inc. will post 16.85 EPS for the current year.

Comfort Systems USA Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on FIX shares. UBS Group raised 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. Northcoast Research initiated coverage on Comfort Systems USA in a report on Friday, November 22nd. They set a "buy" rating and a $525.00 price objective on the stock. Stifel Nicolaus dropped their target price on Comfort Systems USA from $577.00 to $471.00 and set a "buy" rating for the company in a research note on Monday, February 24th. StockNews.com raised Comfort Systems USA from a "hold" rating to a "buy" rating in a research note on Saturday, February 15th. Finally, Sidoti raised shares of Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 price objective for the company in a research note on Monday, February 24th. Five research 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 an average target price 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.