89,131 Shares in Comfort Systems USA, Inc. (NYSE:FIX) Purchased by Schroder Investment Management Group

Schroder Investment Management Group purchased a new position in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 89,131 shares of the construction company's stock, valued at approximately $37,797,000. Schroder Investment Management Group owned approximately 0.25% of Comfort Systems USA at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Bank of Montreal Can raised its holdings in Comfort Systems USA by 95.0% in the 3rd quarter. Bank of Montreal Can now owns 18,802 shares of the construction company's stock valued at $7,334,000 after acquiring an additional 9,160 shares during the last quarter. Glenmede Trust Co. NA purchased a new stake in shares of Comfort Systems USA in the third quarter valued at $214,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Comfort Systems USA by 1.2% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,151 shares of the construction company's stock valued at $3,182,000 after purchasing an additional 98 shares during the last quarter. Captrust Financial Advisors boosted its stake in Comfort Systems USA by 77.4% in the 3rd quarter. Captrust Financial Advisors now owns 2,012 shares of the construction company's stock worth $785,000 after buying an additional 878 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec acquired a new stake in Comfort Systems USA in the 3rd quarter worth about $10,027,000. Institutional investors and hedge funds own 96.51% of the company's stock.

Analyst Upgrades and Downgrades

FIX has been the topic of several recent analyst reports. Stifel Nicolaus cut 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 report on Monday, February 24th. Sidoti raised shares of Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 price target on the stock in a research note on Monday, February 24th. StockNews.com cut shares of Comfort Systems USA from a "buy" rating to a "hold" rating in a research note on Tuesday, March 25th. Finally, UBS Group increased their target price on 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 analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $530.75.

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Comfort Systems USA Trading Down 4.9 %

FIX traded down $15.31 during trading on Friday, hitting $296.07. 782,799 shares of the company's stock were exchanged, compared to its average volume of 429,597. Comfort Systems USA, Inc. has a 1 year low of $272.93 and a 1 year high of $553.09. The stock has a 50 day moving average price of $372.38 and a 200 day moving average price of $418.23. The firm has a market cap of $10.53 billion, a P/E ratio of 20.26 and a beta of 1.27. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.04.

Comfort Systems USA (NYSE:FIX - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The construction company reported $4.09 earnings per share (EPS) for the quarter, beating the consensus estimate 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%. As a group, 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 was paid on Friday, March 21st. Investors of record on Monday, March 10th were given a dividend of $0.40 per share. The ex-dividend date was Monday, March 10th. This is a positive change from Comfort Systems USA's previous quarterly dividend of $0.35. This represents a $1.60 annualized dividend and a yield of 0.54%. Comfort Systems USA's 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.