TD Private Client Wealth LLC Sells 107 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

TD Private Client Wealth LLC cut its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 9.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 980 shares of the construction company’s stock after selling 107 shares during the period. TD Private Client Wealth LLC’s holdings in Comfort Systems USA were worth $416,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC lifted its holdings in shares of Comfort Systems USA by 1,925.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 81 shares of the construction company’s stock valued at $34,000 after purchasing an additional 77 shares in the last quarter. Harbor Investment Advisory LLC lifted its stake in Comfort Systems USA by 183.3% in the fourth quarter. Harbor Investment Advisory LLC now owns 85 shares of the construction company’s stock valued at $36,000 after buying an additional 55 shares in the last quarter. Private Trust Co. NA boosted its holdings in shares of Comfort Systems USA by 41.3% in the fourth quarter. Private Trust Co. NA now owns 106 shares of the construction company’s stock valued at $45,000 after buying an additional 31 shares during the period. Skandinaviska Enskilda Banken AB publ increased its position in shares of Comfort Systems USA by 1,300.0% during 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 in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Comfort Systems USA by 28.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 126 shares of the construction company’s stock worth $53,000 after acquiring an additional 28 shares during the period. 96.51% of the stock is owned by institutional investors and hedge funds.

Comfort Systems USA Trading Up 8.0 %

NYSE FIX opened at $380.25 on Tuesday. The company has a market cap of $13.52 billion, a PE ratio of 26.03 and a beta of 1.24. Comfort Systems USA, Inc. has a 12 month low of $272.93 and a 12 month high of $553.09. The stock has a 50 day moving average of $405.77 and a 200-day moving average of $418.50. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.04.

Comfort Systems USA (NYSE:FIX) last issued its earnings results on Thursday, February 20th. The construction company reported $4.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $1.87 billion for the quarter, compared to analysts’ expectations of $1.77 billion. On average, equities research analysts anticipate 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. Investors of record on Monday, March 10th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.42%. The ex-dividend date was Monday, March 10th. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.35. Comfort Systems USA’s dividend payout ratio is 10.95%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on FIX. UBS Group increased 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. 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. Stifel Nicolaus decreased 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 note on Monday, February 24th. Finally, StockNews.com raised shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Saturday, February 15th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $530.75.

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.