700 Shares in Comfort Systems USA, Inc. (NYSE:FIX) Purchased by Edmond DE Rothschild Holding S.A.

Edmond DE Rothschild Holding S.A. acquired a new stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 700 shares of the construction company’s stock, valued at approximately $297,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FIX. Clearbridge Investments LLC purchased a new stake in shares of Comfort Systems USA in the fourth quarter valued at $23,413,000. Schroder Investment Management Group bought a new position in Comfort Systems USA during the 4th quarter valued at about $37,797,000. Arrowstreet Capital Limited Partnership raised its position in Comfort Systems USA by 27.3% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 170,227 shares of the construction company’s stock worth $72,186,000 after purchasing an additional 36,482 shares during the period. Level Four Advisory Services LLC lifted its stake in 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 purchasing an additional 764 shares during the last quarter. Finally, denkapparat Operations GmbH purchased a new position in shares of Comfort Systems USA during the fourth quarter valued at approximately $210,000. 96.51% of the stock is currently owned by hedge funds and other institutional investors.

Comfort Systems USA Trading Up 3.7 %

Shares of NYSE FIX opened at $342.18 on Thursday. Comfort Systems USA, Inc. has a twelve month low of $272.93 and a twelve month high of $553.09. 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 business has a fifty day simple moving average of $382.07 and a two-hundred day simple moving average of $418.50. The firm has a market cap of $12.17 billion, a PE ratio of 23.42 and a beta of 1.24.

Comfort Systems USA (NYSE:FIX) last released its quarterly earnings data on Thursday, February 20th. The construction company reported $4.09 earnings per share for the quarter, topping analysts’ consensus estimates of $3.63 by $0.46. The company had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.77 billion. Comfort Systems USA had a net margin of 7.43% and a return on equity of 35.28%. Analysts expect that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current fiscal year.

Comfort Systems USA Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Monday, March 10th were paid a $0.40 dividend. This is an increase 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 yield of 0.47%. Comfort Systems USA’s payout ratio is 10.95%.

Analyst Upgrades and Downgrades

FIX has been the topic of several recent analyst reports. StockNews.com downgraded Comfort Systems USA from a “buy” rating to a “hold” rating in a report on Tuesday, March 25th. Stifel Nicolaus reduced their target price 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. UBS Group boosted their target price on shares of 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, 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 research note on Monday, February 24th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $530.75.

Comfort Systems USA Company 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.