Comfort Systems USA, Inc. (NYSE:FIX) Holdings Cut by Sei Investments Co.

Sei Investments Co. lessened its stake in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 16.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 25,860 shares of the construction company's stock after selling 4,956 shares during the period. Sei Investments Co. owned 0.07% of Comfort Systems USA worth $10,966,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its holdings in shares of Comfort Systems USA by 1,925.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 81 shares of the construction company's stock valued at $34,000 after acquiring an additional 77 shares in the last quarter. Harbor Investment Advisory LLC lifted its position in Comfort Systems USA by 183.3% in the fourth quarter. Harbor Investment Advisory LLC now owns 85 shares of the construction company's stock worth $36,000 after purchasing an additional 55 shares during the period. Private Trust Co. NA boosted its stake in Comfort Systems USA by 41.3% during the 4th quarter. Private Trust Co. NA now owns 106 shares of the construction company's stock valued at $45,000 after purchasing an additional 31 shares in the last quarter. Skandinaviska Enskilda Banken AB publ grew 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 acquiring an additional 104 shares during the period. Finally, True Wealth Design LLC bought a new stake in Comfort Systems USA in the third quarter worth about $53,000. Institutional investors and hedge funds own 96.51% of the company's stock.

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Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. StockNews.com lowered shares of Comfort Systems USA from a "buy" rating to a "hold" rating in a research report on Tuesday, March 25th. 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. UBS Group upped their price target on Comfort Systems USA from $525.00 to $575.00 and gave the company a "buy" rating in a report on Monday, December 9th. Finally, Stifel Nicolaus reduced their price objective 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. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, Comfort Systems USA presently has an average rating of "Moderate Buy" and a consensus price target of $530.75.

Comfort Systems USA Trading Up 2.7 %

Shares of FIX stock traded up $8.98 during trading hours on Wednesday, reaching $338.98. 277,593 shares of the stock traded hands, compared to its average volume of 564,126. 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 market capitalization of $12.05 billion, a PE ratio of 23.20 and a beta of 1.24. Comfort Systems USA, Inc. has a 1-year low of $272.92 and a 1-year high of $553.09. The business has a fifty day moving average price of $386.23 and a 200 day moving average price of $419.03.

Comfort Systems USA (NYSE:FIX - Get Free Report) last announced its 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 company had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.77 billion. Comfort Systems USA had a net margin of 7.43% and a return on equity of 35.28%. On average, equities research analysts forecast that Comfort Systems USA, Inc. will post 16.85 EPS for the current year.

Comfort Systems USA Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Monday, March 10th were given a dividend of $0.40 per share. 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. This represents a $1.60 dividend on an annualized basis and a yield of 0.47%. Comfort Systems USA's dividend payout ratio (DPR) is presently 10.95%.

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.