Comfort Systems USA, Inc. (NYSE:FIX) Shares Sold by Intrust Bank NA

Intrust Bank NA trimmed its holdings in Comfort Systems USA, Inc. (NYSE:FIX) by 12.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,208 shares of the construction company’s stock after selling 165 shares during the quarter. Intrust Bank NA’s holdings in Comfort Systems USA were worth $512,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Level Four Advisory Services LLC boosted its stake in shares of Comfort Systems USA by 20.4% in the fourth quarter. Level Four Advisory Services LLC now owns 4,513 shares of the construction company’s stock worth $1,914,000 after buying an additional 764 shares during the last quarter. denkapparat Operations GmbH acquired a new position in Comfort Systems USA in the fourth quarter valued at approximately $210,000. Pictet Asset Management Holding SA boosted its position in Comfort Systems USA by 8.2% in the 4th quarter. Pictet Asset Management Holding SA now owns 4,909 shares of the construction company’s stock worth $2,082,000 after purchasing an additional 370 shares in the last quarter. New Age Alpha Advisors LLC acquired a new stake in shares of Comfort Systems USA during the 4th quarter worth approximately $3,275,000. Finally, Norges Bank purchased a new position in shares of Comfort Systems USA during the 4th quarter valued at approximately $196,154,000. 96.51% of the stock is owned by institutional investors and hedge funds.

Comfort Systems USA Stock Down 2.6 %

Shares of NYSE FIX opened at $323.79 on Friday. The firm has a market cap of $11.51 billion, a price-to-earnings ratio of 22.16 and a beta of 1.24. The company’s 50-day simple moving average is $393.86 and its 200-day simple moving average is $418.68. 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 52-week low of $272.93 and a 52-week high of $553.09.

Comfort Systems USA (NYSE:FIX) last posted its quarterly earnings data on Thursday, February 20th. The construction company reported $4.09 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $1.87 billion for the quarter, compared to analysts’ expectations of $1.77 billion. Equities analysts predict that Comfort Systems USA, Inc. will post 16.85 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Monday, March 10th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.49%. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.35. The ex-dividend date was Monday, March 10th. Comfort Systems USA’s payout ratio is presently 10.95%.

Wall Street Analysts Forecast Growth

FIX has been the topic of a number of recent analyst reports. Sidoti raised shares of Comfort Systems USA from a “neutral” rating to a “buy” rating and set a $552.00 price target on the stock in a report on Monday, February 24th. Stifel Nicolaus dropped their target price 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. UBS Group lifted their price target 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 downgraded Comfort Systems USA from a “buy” rating to a “hold” rating in a research report on Tuesday, March 25th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price 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.