Comfort Systems USA, Inc. (NYSE:FIX) Shares Sold by World Investment Advisors

World Investment Advisors trimmed its position in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 47.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,539 shares of the construction company's stock after selling 1,373 shares during the quarter. World Investment Advisors' holdings in Comfort Systems USA were worth $653,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FIX. EverSource Wealth Advisors LLC grew its position in 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 worth $34,000 after acquiring an additional 77 shares in the last quarter. Harbor Investment Advisory LLC raised its stake in shares of Comfort Systems USA by 183.3% during the fourth quarter. Harbor Investment Advisory LLC now owns 85 shares of the construction company's stock valued at $36,000 after acquiring an additional 55 shares in the last quarter. Private Trust Co. NA raised its position 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 lifted its stake in Comfort Systems USA by 1,300.0% in 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, Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Comfort Systems USA by 28.6% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 126 shares of the construction company's stock worth $53,000 after purchasing an additional 28 shares during the period. 96.51% of the stock is owned by hedge funds and other institutional investors.

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Analyst Ratings Changes

Several analysts have commented on the stock. StockNews.com raised shares of Comfort Systems USA from a "hold" rating to a "buy" rating in a research report on Wednesday. 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 report on Monday, February 24th. Finally, Stifel Nicolaus reduced 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 report on Monday, February 24th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has an average rating of "Buy" and an average target price of $530.75.

Comfort Systems USA Price Performance

Shares of Comfort Systems USA stock traded up $10.54 on Friday, hitting $347.94. 330,175 shares of the company were exchanged, compared to its average volume of 435,103. 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 company has a 50-day moving average price of $359.67 and a 200 day moving average price of $415.22. The stock has a market capitalization of $12.29 billion, a price-to-earnings ratio of 23.81 and a beta of 1.27. Comfort Systems USA, Inc. has a 1-year low of $272.93 and a 1-year high of $553.09.

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 for the quarter, beating 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 firm had revenue of $1.87 billion for the quarter, compared to analysts' expectations of $1.77 billion. As a group, sell-side analysts predict 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 was paid on Friday, March 21st. Stockholders of record on Monday, March 10th were paid a $0.40 dividend. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Monday, March 10th. This represents a $1.60 annualized dividend and a dividend yield of 0.46%. Comfort Systems USA's dividend 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.