US Bancorp DE Acquires 495 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

US Bancorp DE raised its holdings in Comfort Systems USA, Inc. (NYSE:FIX) by 4.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,830 shares of the construction company’s stock after purchasing an additional 495 shares during the quarter. US Bancorp DE’s holdings in Comfort Systems USA were worth $5,017,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of FIX. Private Advisor Group LLC raised its position in Comfort Systems USA by 11.6% in the 3rd quarter. Private Advisor Group LLC now owns 1,055 shares of the construction company’s stock valued at $412,000 after purchasing an additional 110 shares during the last quarter. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Comfort Systems USA in the 3rd quarter valued at $1,024,000. Farther Finance Advisors LLC increased its stake in shares of Comfort Systems USA by 161.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,126 shares of the construction company’s stock valued at $440,000 after buying an additional 695 shares during the period. Janney Montgomery Scott LLC increased its stake in shares of Comfort Systems USA by 19.6% in the 3rd quarter. Janney Montgomery Scott LLC now owns 6,200 shares of the construction company’s stock valued at $2,420,000 after buying an additional 1,015 shares during the period. Finally, Van ECK Associates Corp increased its stake in shares of Comfort Systems USA by 40.0% in the 3rd quarter. Van ECK Associates Corp now owns 24,962 shares of the construction company’s stock valued at $10,285,000 after buying an additional 7,132 shares during the period. Institutional investors own 96.51% of the company’s stock.

Comfort Systems USA Stock Up 2.9 %

Shares of Comfort Systems USA stock opened at $349.13 on Thursday. 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, Inc. has a 12 month low of $272.93 and a 12 month high of $553.09. The business has a fifty day simple moving average of $431.35 and a 200 day simple moving average of $417.35. The stock has a market cap of $12.41 billion, a PE ratio of 23.90 and a beta of 1.22.

Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings data 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 business had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.77 billion. Research analysts predict that Comfort Systems USA, Inc. will post 16.85 EPS for the current year.

Comfort Systems USA Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Shareholders 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 yield of 0.46%. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.35. The ex-dividend date is Monday, March 10th. Comfort Systems USA’s payout ratio is presently 10.95%.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Sidoti raised 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. Stifel Nicolaus lowered their target price on 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. Northcoast Research assumed coverage on Comfort Systems USA in a research note on Friday, November 22nd. They issued a “buy” rating and a $525.00 target price for the company. UBS Group lifted their target price on Comfort Systems USA from $525.00 to $575.00 and gave the company a “buy” rating in a research note on Monday, December 9th. Finally, StockNews.com raised Comfort Systems USA from a “hold” rating to a “buy” rating in a research note on Saturday, February 15th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Comfort Systems USA presently has a consensus rating of “Buy” and an average price target 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.