Comfort Systems USA, Inc. (NYSE:FIX) Shares Sold by Fox Run Management L.L.C.

Fox Run Management L.L.C. decreased its stake in Comfort Systems USA, Inc. (NYSE:FIX) by 48.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,507 shares of the construction company’s stock after selling 1,409 shares during the period. Fox Run Management L.L.C.’s holdings in Comfort Systems USA were worth $639,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. KLP Kapitalforvaltning AS bought a new stake in Comfort Systems USA in the fourth quarter valued at $3,435,000. Hillsdale Investment Management Inc. lifted its position in Comfort Systems USA by 1.8% in the 4th quarter. Hillsdale Investment Management Inc. now owns 2,240 shares of the construction company’s stock valued at $950,000 after purchasing an additional 40 shares during the last quarter. American Century Companies Inc. boosted its stake in Comfort Systems USA by 38.9% during the 4th quarter. American Century Companies Inc. now owns 79,039 shares of the construction company’s stock valued at $33,517,000 after purchasing an additional 22,116 shares during the period. Virtu Financial LLC bought a new position in Comfort Systems USA in the 4th quarter worth about $803,000. Finally, Quantbot Technologies LP bought a new position in Comfort Systems USA in the 4th quarter worth about $3,529,000. Institutional investors and hedge funds own 96.51% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. StockNews.com upgraded Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Saturday, February 15th. UBS Group boosted their price target on Comfort Systems USA from $525.00 to $575.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. Stifel Nicolaus cut 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 price objective for the company in a report on Monday, February 24th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $530.75.

Comfort Systems USA Stock Up 8.0 %

Shares of FIX stock opened at $380.25 on Tuesday. Comfort Systems USA, Inc. has a 1 year low of $272.93 and a 1 year 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 business’s fifty day moving average is $405.77 and its 200-day moving average is $418.50. The stock has a market cap of $13.52 billion, a PE ratio of 26.03 and a beta of 1.24.

Comfort Systems USA (NYSE:FIX) last released its earnings results on Thursday, February 20th. The construction company reported $4.09 earnings per share (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 firm had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.77 billion. Equities analysts expect that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current fiscal year.

Comfort Systems USA Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Monday, March 10th were issued a $0.40 dividend. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.35. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.42%. The ex-dividend date was Monday, March 10th. Comfort Systems USA’s payout ratio is presently 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.