16,155 Shares in Comfort Systems USA, Inc. (NYSE:FIX) Acquired by Thames Capital Management LLC

Thames Capital Management LLC acquired a new stake in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 16,155 shares of the construction company's stock, valued at approximately $6,851,000. Comfort Systems USA accounts for 1.9% of Thames Capital Management LLC's investment portfolio, making the stock its 23rd largest holding.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC increased its holdings in Comfort Systems USA by 1,925.0% during the 4th 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 raised its position in shares of Comfort Systems USA by 183.3% during the 4th 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 last quarter. Private Trust Co. NA raised its position in shares of 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 purchasing an additional 31 shares during the last quarter. Skandinaviska Enskilda Banken AB publ lifted its stake in Comfort Systems USA by 1,300.0% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 112 shares of the construction company's stock valued at $48,000 after buying an additional 104 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. grew its holdings in Comfort Systems USA by 28.6% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 126 shares of the construction company's stock valued at $53,000 after buying an additional 28 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 1.8 %

Shares of NYSE:FIX traded up $5.93 during midday trading on Friday, reaching $343.33. The company's stock had a trading volume of 111,786 shares, compared to its average volume of 433,675. The business has a 50 day moving average price of $361.23 and a 200 day moving average price of $415.53. Comfort Systems USA, Inc. has a 1 year low of $272.93 and a 1 year high of $553.09. The firm has a market cap of $12.21 billion, a price-to-earnings ratio of 23.50 and a beta of 1.27. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.04.

Comfort Systems USA (NYSE:FIX - Get Free Report) last released its earnings results 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. Comfort Systems USA had a net margin of 7.43% and a return on equity of 35.28%. The business had revenue of $1.87 billion for the quarter, compared to analysts' expectations of $1.77 billion. Research analysts forecast that Comfort Systems USA, Inc. will post 16.85 EPS for the current 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 is a positive change from Comfort Systems USA's previous quarterly dividend of $0.35. This represents a $1.60 annualized dividend and a dividend yield of 0.47%. The ex-dividend date was Monday, March 10th. Comfort Systems USA's dividend payout ratio (DPR) is 10.95%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. StockNews.com raised Comfort Systems USA from a "hold" rating to a "buy" rating in a report on Wednesday. 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 note on Monday, February 24th. Finally, Stifel Nicolaus decreased 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 research note on Monday, February 24th. Five research analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price 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.