Comfort Systems USA, Inc. (NYSE:FIX) Shares Bought by Voya Investment Management LLC

Voya Investment Management LLC boosted its position in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 824.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 233,553 shares of the construction company's stock after buying an additional 208,283 shares during the period. Voya Investment Management LLC owned approximately 0.66% of Comfort Systems USA worth $98,985,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in FIX. Proficio Capital Partners LLC bought a new stake in Comfort Systems USA in the fourth quarter worth $217,771,000. Norges Bank purchased a new position in shares of Comfort Systems USA in the 4th quarter worth $196,154,000. JPMorgan Chase & Co. increased its holdings in shares of Comfort Systems USA by 191.2% in the 4th quarter. JPMorgan Chase & Co. now owns 380,896 shares of the construction company's stock worth $161,523,000 after buying an additional 250,085 shares during the last quarter. FMR LLC raised its position in shares of Comfort Systems USA by 9.6% during the 4th quarter. FMR LLC now owns 1,697,035 shares of the construction company's stock valued at $719,645,000 after buying an additional 148,493 shares in the last quarter. Finally, First Trust Advisors LP lifted its holdings in shares of Comfort Systems USA by 29.5% in the 4th quarter. First Trust Advisors LP now owns 463,790 shares of the construction company's stock valued at $196,675,000 after acquiring an additional 105,756 shares during the last quarter. Hedge funds and other institutional investors own 96.51% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on FIX shares. DA Davidson boosted their price objective on Comfort Systems USA from $440.00 to $465.00 and gave the stock a "buy" rating in a research note on Monday. StockNews.com downgraded Comfort Systems USA from a "buy" rating to a "hold" rating in a research report on Thursday, April 17th. Stifel Nicolaus dropped their price target on shares of 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. Finally, Sidoti raised Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 target price on the stock in a research note on Monday, February 24th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, Comfort Systems USA presently has a consensus rating of "Moderate Buy" and a consensus price target of $517.60.

Comfort Systems USA Stock Down 0.7 %

NYSE FIX traded down $2.77 on Monday, reaching $394.66. 529,452 shares of the stock traded hands, compared to its average volume of 440,231. Comfort Systems USA, Inc. has a 12 month low of $272.93 and a 12 month high of $553.09. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.02 and a current ratio of 1.04. The company has a fifty day moving average price of $345.86 and a 200-day moving average price of $412.26. The company has a market cap of $13.94 billion, a price-to-earnings ratio of 27.01 and a beta of 1.27.

Comfort Systems USA (NYSE:FIX - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The construction company reported $4.75 EPS for the quarter, beating the consensus estimate of $3.66 by $1.09. The business had revenue of $1.83 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%. The company's quarterly revenue was up 19.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.69 EPS. As a group, research analysts forecast that Comfort Systems USA, Inc. will post 16.85 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 27th. Investors of record on Friday, May 16th will be paid a dividend of $0.45 per share. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.40. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.46%. The ex-dividend date is Friday, May 16th. Comfort Systems USA's dividend payout ratio is 10.80%.

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.