Farther Finance Advisors LLC Sells 263 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Farther Finance Advisors LLC decreased its position in Comfort Systems USA, Inc. (NYSE:FIX) by 23.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 863 shares of the construction company’s stock after selling 263 shares during the quarter. Farther Finance Advisors LLC’s holdings in Comfort Systems USA were worth $366,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. grew its stake 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 valued at $53,000 after buying an additional 28 shares in the last quarter. Dakota Wealth Management lifted its holdings in Comfort Systems USA by 3.8% in the 4th quarter. Dakota Wealth Management now owns 788 shares of the construction company’s stock worth $334,000 after purchasing an additional 29 shares during the last quarter. Private Trust Co. NA lifted its holdings in Comfort Systems USA by 41.3% in 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. Trust Point Inc. lifted its holdings in Comfort Systems USA by 1.8% in the 4th quarter. Trust Point Inc. now owns 1,827 shares of the construction company’s stock worth $775,000 after purchasing an additional 32 shares during the last quarter. Finally, Savant Capital LLC lifted its holdings in Comfort Systems USA by 0.8% in the 4th quarter. Savant Capital LLC now owns 4,101 shares of the construction company’s stock worth $1,739,000 after purchasing an additional 33 shares during the last quarter. Institutional investors own 96.51% of the company’s stock.

Comfort Systems USA Stock Up 1.5 %

Shares of FIX stock opened at $346.14 on Tuesday. Comfort Systems USA, Inc. has a 12 month low of $272.93 and a 12 month high of $553.09. The firm has a market cap of $12.31 billion, a PE ratio of 23.69 and a beta of 1.24. The stock has a 50 day moving average of $414.62 and a 200-day moving average of $417.48. 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) last issued its quarterly earnings results on Thursday, February 20th. The construction company reported $4.09 EPS for the quarter, topping analysts’ consensus estimates of $3.63 by $0.46. Comfort Systems USA had a return on equity of 35.28% and a net margin of 7.43%. The company had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.77 billion. On average, equities analysts predict 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 will be paid on Friday, March 21st. Investors of record on Monday, March 10th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.46%. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.35. The ex-dividend date is Monday, March 10th. Comfort Systems USA’s dividend payout ratio is presently 10.95%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on FIX. Stifel Nicolaus reduced their target price on Comfort Systems USA from $577.00 to $471.00 and set a “buy” rating for the company in a report on Monday, February 24th. UBS Group boosted their target price on Comfort Systems USA from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Monday, December 9th. Northcoast Research began coverage on Comfort Systems USA in a report on Friday, November 22nd. They issued a “buy” rating and a $525.00 target price for the company. Sidoti upgraded 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. Finally, StockNews.com upgraded Comfort Systems USA from a “hold” rating to a “buy” rating in a report on Saturday, February 15th. Five research analysts have rated the stock with a buy rating, According to MarketBeat, the company has an average 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.