5,009 Shares in Comfort Systems USA, Inc. (NYSE:FIX) Acquired by CenterBook Partners LP

CenterBook Partners LP bought a new stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 5,009 shares of the construction company’s stock, valued at approximately $2,124,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Proficio Capital Partners LLC purchased a new position in Comfort Systems USA in the fourth quarter valued at about $217,771,000. Norges Bank purchased a new position in shares of Comfort Systems USA in the 4th quarter worth approximately $196,154,000. JPMorgan Chase & Co. raised its stake in shares of Comfort Systems USA by 191.2% during the 4th quarter. JPMorgan Chase & Co. now owns 380,896 shares of the construction company’s stock worth $161,523,000 after acquiring an additional 250,085 shares in the last quarter. FMR LLC lifted its position in Comfort Systems USA by 9.6% during the fourth quarter. FMR LLC now owns 1,697,035 shares of the construction company’s stock valued at $719,645,000 after acquiring an additional 148,493 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Comfort Systems USA in the fourth quarter valued at approximately $39,038,000. 96.51% of the stock is currently owned by hedge funds and other institutional investors.

Comfort Systems USA Stock Performance

Shares of FIX opened at $357.24 on Thursday. 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 stock has a 50-day moving average of $363.00 and a two-hundred day moving average of $415.87. The stock has a market cap of $12.70 billion, a P/E ratio of 24.45 and a beta of 1.27. Comfort Systems USA, Inc. has a one year low of $272.93 and a one year high of $553.09.

Comfort Systems USA (NYSE:FIX) last issued its earnings results 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 firm had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.77 billion. As a group, research analysts predict that Comfort Systems USA, Inc. will post 16.85 EPS for the current year.

Comfort Systems USA Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Monday, March 10th were issued a dividend of $0.40 per share. The ex-dividend date was Monday, March 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.45%. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.35. Comfort Systems USA’s dividend payout ratio is presently 10.95%.

Wall Street Analysts Forecast Growth

FIX has been the topic of a number of recent analyst reports. Stifel Nicolaus reduced their price target on Comfort Systems USA from $577.00 to $471.00 and set a “buy” rating on the stock in a research report on Monday, February 24th. StockNews.com raised Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Wednesday. Finally, Sidoti raised Comfort Systems USA from a “neutral” rating to a “buy” rating and set a $552.00 price target for the company in a report on Monday, February 24th. Five analysts have rated the stock with a buy rating, According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of $530.75.

About Comfort Systems USA

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.