Soros Capital Management LLC Takes Position in Comfort Systems USA, Inc. (NYSE:FIX)

Soros Capital Management LLC acquired a new position in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 39,135 shares of the construction company's stock, valued at approximately $16,596,000. Comfort Systems USA makes up approximately 2.6% of Soros Capital Management LLC's portfolio, making the stock its 12th largest position. Soros Capital Management LLC owned approximately 0.11% of Comfort Systems USA as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FIX. Thurston Springer Miller Herd & Titak Inc. increased its stake in Comfort Systems USA by 28.6% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 126 shares of the construction company's stock valued at $53,000 after purchasing an additional 28 shares in the last quarter. Dakota Wealth Management increased its position in Comfort Systems USA by 3.8% in the 4th quarter. Dakota Wealth Management now owns 788 shares of the construction company's stock valued at $334,000 after buying an additional 29 shares in the last quarter. Private Trust Co. NA raised 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 worth $45,000 after buying an additional 31 shares during the period. Trust Point Inc. boosted its holdings in Comfort Systems USA by 1.8% in the fourth quarter. Trust Point Inc. now owns 1,827 shares of the construction company's stock worth $775,000 after acquiring an additional 32 shares in the last quarter. Finally, Savant Capital LLC grew its stake in Comfort Systems USA by 0.8% in the fourth quarter. Savant Capital LLC now owns 4,101 shares of the construction company's stock valued at $1,739,000 after acquiring an additional 33 shares during the period. 96.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on FIX. StockNews.com cut Comfort Systems USA from a "buy" rating to a "hold" rating in a report on Thursday, April 17th. Stifel Nicolaus dropped 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 research note on Monday, February 24th. Finally, Sidoti raised 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 research report on Monday, February 24th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, Comfort Systems USA currently has an average rating of "Moderate Buy" and an average target price of $530.75.

Comfort Systems USA Stock Performance

Shares of FIX traded up $21.25 on Friday, reaching $397.46. 1,315,692 shares of the company's stock traded hands, compared to its average volume of 440,838. Comfort Systems USA, Inc. has a 52-week low of $272.93 and a 52-week high of $553.09. The stock has a market cap of $14.04 billion, a PE ratio of 27.20 and a beta of 1.27. The stock's 50 day simple moving average is $345.79 and its two-hundred day simple moving average is $412.27. 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 posted its quarterly earnings data on Thursday, April 24th. The construction company reported $4.75 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.66 by $1.09. Comfort Systems USA had a net margin of 7.43% and a return on equity of 35.28%. The business had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.77 billion. On average, analysts forecast that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current fiscal year.

Comfort Systems USA Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Friday, May 16th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.45%. The ex-dividend date of this dividend is Friday, May 16th. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.40. Comfort Systems USA's dividend payout ratio is currently 10.95%.

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.