Optimum Investment Advisors Sells 550 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Optimum Investment Advisors lessened its position in Comfort Systems USA, Inc. (NYSE:FIX) by 13.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,494 shares of the construction company’s stock after selling 550 shares during the quarter. Comfort Systems USA comprises about 0.7% of Optimum Investment Advisors’ investment portfolio, making the stock its 27th biggest position. Optimum Investment Advisors’ holdings in Comfort Systems USA were worth $1,482,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Comfort Systems USA by 28.6% during the 4th 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 lifted its holdings in shares of Comfort Systems USA by 3.8% during the fourth quarter. Dakota Wealth Management now owns 788 shares of the construction company’s stock worth $334,000 after buying an additional 29 shares during the last quarter. Private Trust Co. NA boosted its position 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 acquiring an additional 31 shares during the period. Trust Point Inc. grew its stake in shares of Comfort Systems USA by 1.8% in the fourth quarter. Trust Point Inc. now owns 1,827 shares of the construction company’s stock worth $775,000 after acquiring an additional 32 shares during the last quarter. Finally, Savant Capital LLC increased its position in Comfort Systems USA by 0.8% during the fourth quarter. Savant Capital LLC now owns 4,101 shares of the construction company’s stock worth $1,739,000 after acquiring an additional 33 shares during the period. Institutional investors and hedge funds own 96.51% of the company’s stock.

Wall Street Analysts Forecast Growth

FIX has been the subject of a number of research reports. StockNews.com raised shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a report on Saturday, February 15th. 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 reduced their price objective on Comfort Systems USA from $577.00 to $471.00 and set a “buy” rating for the company in a research report on Monday, February 24th. Finally, UBS Group boosted their price objective on Comfort Systems USA from $525.00 to $575.00 and gave the company a “buy” rating in a research report on Monday, December 9th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Comfort Systems USA presently has an average rating of “Buy” and an average price target of $530.75.

Comfort Systems USA Stock Down 1.1 %

Shares of FIX opened at $352.82 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.04. The company has a 50-day moving average price of $406.93 and a two-hundred day moving average price of $417.26. The stock has a market cap of $12.54 billion, a price-to-earnings ratio of 24.15 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.

Comfort Systems USA (NYSE:FIX) last posted its earnings results on Thursday, February 20th. The construction company reported $4.09 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 business had revenue of $1.87 billion during the quarter, compared to the consensus estimate 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 announced a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Monday, March 10th were issued a $0.40 dividend. This is a positive change 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 annualized dividend and a dividend yield of 0.45%. Comfort Systems USA’s dividend payout ratio 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.