Aster Capital Management DIFC Ltd Buys New Stake in Comfort Systems USA, Inc. (NYSE:FIX)

Aster Capital Management DIFC Ltd purchased a new position in Comfort Systems USA, Inc. (NYSE:FIX) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 1,105 shares of the construction company’s stock, valued at approximately $469,000.

Other large investors have also made changes to their positions in the company. EverSource Wealth Advisors LLC grew its stake in 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 worth $34,000 after buying an additional 77 shares during the last quarter. Harbor Investment Advisory LLC grew its stake in shares of Comfort Systems USA by 183.3% during the fourth quarter. Harbor Investment Advisory LLC now owns 85 shares of the construction company’s stock worth $36,000 after acquiring an additional 55 shares during the last quarter. Private Trust Co. NA increased its holdings in shares of Comfort Systems USA by 41.3% during the fourth quarter. Private Trust Co. NA now owns 106 shares of the construction company’s stock valued at $45,000 after acquiring an additional 31 shares in the last quarter. Skandinaviska Enskilda Banken AB publ increased its holdings 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 valued at $48,000 after acquiring an additional 104 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its position 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 purchasing an additional 28 shares during the last quarter. 96.51% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

FIX has been the topic of a number of recent analyst reports. StockNews.com lowered shares of Comfort Systems USA from a “buy” rating to a “hold” rating in a research note on Tuesday, March 25th. UBS Group raised their target price on Comfort Systems USA from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Monday, December 9th. Stifel Nicolaus dropped their price target on 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 upgraded Comfort Systems USA from a “neutral” rating to a “buy” rating and set a $552.00 price objective for the company in a research note on Monday, February 24th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Comfort Systems USA currently has a consensus rating of “Moderate Buy” and a consensus price target of $530.75.

Comfort Systems USA Trading Down 4.9 %

NYSE FIX opened at $296.07 on Monday. The company has a fifty day moving average of $372.38 and a 200 day moving average of $418.23. The company has a market capitalization of $10.53 billion, a PE ratio of 20.26 and a beta of 1.27. 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, Inc. has a 1 year low of $272.93 and a 1 year high of $553.09.

Comfort Systems USA (NYSE:FIX) last issued its quarterly earnings data 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 business had revenue of $1.87 billion during 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%. Research analysts forecast that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current year.

Comfort Systems USA Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Monday, March 10th were paid a dividend of $0.40 per share. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Monday, March 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.54%. Comfort Systems USA’s dividend payout ratio (DPR) is presently 10.95%.

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.