Comfort Systems USA, Inc. (NYSE:FIX) Shares Bought by First Trust Advisors LP

First Trust Advisors LP increased its holdings in Comfort Systems USA, Inc. (NYSE:FIX) by 29.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 463,790 shares of the construction company’s stock after buying an additional 105,756 shares during the period. First Trust Advisors LP’s holdings in Comfort Systems USA were worth $196,675,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of FIX. Alpha DNA Investment Management LLC bought a new position in shares of Comfort Systems USA during the fourth quarter valued at approximately $745,000. CANADA LIFE ASSURANCE Co increased its position in Comfort Systems USA by 2.7% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 29,551 shares of the construction company’s stock worth $12,530,000 after buying an additional 783 shares during the period. Canada Pension Plan Investment Board boosted its holdings in shares of Comfort Systems USA by 28.9% during the fourth quarter. Canada Pension Plan Investment Board now owns 20,500 shares of the construction company’s stock valued at $8,693,000 after acquiring an additional 4,600 shares during the period. Altshuler Shaham Ltd bought a new position in shares of Comfort Systems USA during the fourth quarter worth about $69,000. Finally, Farringdon Capital Ltd. acquired a new stake in shares of Comfort Systems USA in the 4th quarter worth about $204,000. Institutional investors and hedge funds own 96.51% of the company’s stock.

Comfort Systems USA Trading Down 0.3 %

Comfort Systems USA stock opened at $348.16 on Friday. Comfort Systems USA, Inc. has a 12-month low of $272.93 and a 12-month high of $553.09. The stock has a market capitalization of $12.30 billion, a PE ratio of 23.83 and a beta of 1.27. The firm has a 50 day simple moving average of $349.24 and a 200-day simple moving average of $413.76. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02.

Comfort Systems USA (NYSE:FIX) last issued its quarterly earnings results on Thursday, February 20th. The construction company reported $4.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.63 by $0.46. The company had revenue of $1.87 billion for the quarter, compared to analysts’ expectations of $1.77 billion. Comfort Systems USA had a return on equity of 35.28% and a net margin of 7.43%. As a group, equities research analysts expect that Comfort Systems USA, Inc. will post 16.85 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Monday, March 10th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.46%. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.35. The ex-dividend date was Monday, March 10th. Comfort Systems USA’s dividend payout ratio is presently 10.95%.

Analyst Ratings Changes

A number of research analysts have issued reports on FIX shares. Sidoti raised shares of 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 decreased their price objective 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. Finally, StockNews.com lowered Comfort Systems USA from a “buy” rating to a “hold” rating in a research report on Thursday. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Comfort Systems USA has a consensus rating of “Moderate Buy” and a consensus 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.