Level Four Advisory Services LLC Raises Stock Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

Level Four Advisory Services LLC grew its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 20.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,513 shares of the construction company’s stock after acquiring an additional 764 shares during the quarter. Level Four Advisory Services LLC’s holdings in Comfort Systems USA were worth $1,914,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in FIX. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Comfort Systems USA by 28.6% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 126 shares of the construction company’s stock worth $53,000 after purchasing an additional 28 shares during the last quarter. Dakota Wealth Management grew its holdings in shares of Comfort Systems USA by 3.8% in the fourth quarter. Dakota Wealth Management now owns 788 shares of the construction company’s stock worth $334,000 after acquiring an additional 29 shares during the period. Private Trust Co. NA increased its position in 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 during the last quarter. Trust Point Inc. lifted its holdings in Comfort Systems USA by 1.8% in the fourth quarter. Trust Point Inc. now owns 1,827 shares of the construction company’s stock valued at $775,000 after acquiring an additional 32 shares during the period. Finally, Savant Capital LLC boosted its position in Comfort Systems USA by 0.8% in the fourth quarter. Savant Capital LLC now owns 4,101 shares of the construction company’s stock worth $1,739,000 after purchasing an additional 33 shares during the last quarter. 96.51% of the stock is currently owned by institutional investors.

Comfort Systems USA Stock Performance

Shares of NYSE FIX opened at $323.79 on Friday. The stock has a market cap of $11.51 billion, a PE ratio of 22.16 and a beta of 1.24. Comfort Systems USA, Inc. has a 1 year low of $272.93 and a 1 year high of $553.09. The firm has a fifty day moving average price of $393.86 and a 200-day moving average price of $418.68. 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 posted its quarterly earnings results on Thursday, February 20th. The construction company reported $4.09 EPS for the quarter, beating analysts’ consensus estimates of $3.63 by $0.46. The business 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%. Equities analysts anticipate that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current fiscal year.

Comfort Systems USA Increases Dividend

The business also recently disclosed 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. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.35. This represents a $1.60 dividend on an annualized basis and a yield of 0.49%. The ex-dividend date was Monday, March 10th. Comfort Systems USA’s dividend payout ratio (DPR) is 10.95%.

Analysts Set New Price Targets

Several research firms have recently commented on FIX. UBS Group upped their price target on shares of Comfort Systems USA from $525.00 to $575.00 and gave the company a “buy” rating in a research report on Monday, December 9th. Stifel Nicolaus dropped their price target on shares of 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. StockNews.com lowered Comfort Systems USA from a “buy” rating to a “hold” rating in a research note on Tuesday, March 25th. Finally, Sidoti upgraded 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. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price 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.