Steward Partners Investment Advisory LLC Has $749,000 Stock Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

Steward Partners Investment Advisory LLC grew its holdings in Comfort Systems USA, Inc. (NYSE:FIX) by 145.1% in the 4th quarter, Holdings Channel reports. The fund owned 1,765 shares of the construction company’s stock after purchasing an additional 1,045 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Comfort Systems USA were worth $749,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of FIX. Janney Montgomery Scott LLC boosted its position in shares of Comfort Systems USA by 19.6% in the third quarter. Janney Montgomery Scott LLC now owns 6,200 shares of the construction company’s stock valued at $2,420,000 after acquiring an additional 1,015 shares during the period. Verdence Capital Advisors LLC boosted its position in shares of Comfort Systems USA by 7.4% in the third quarter. Verdence Capital Advisors LLC now owns 830 shares of the construction company’s stock valued at $324,000 after acquiring an additional 57 shares during the period. Axxcess Wealth Management LLC boosted its position in shares of Comfort Systems USA by 14.8% in the third quarter. Axxcess Wealth Management LLC now owns 2,220 shares of the construction company’s stock valued at $867,000 after acquiring an additional 287 shares during the period. Nations Financial Group Inc. IA ADV bought a new stake in shares of Comfort Systems USA in the third quarter valued at approximately $524,000. Finally, Apollon Wealth Management LLC bought a new stake in shares of Comfort Systems USA in the third quarter valued at approximately $655,000. 96.51% of the stock is owned by institutional investors.

Comfort Systems USA Price Performance

Shares of FIX stock opened at $326.05 on Wednesday. The stock has a 50-day moving average price of $422.70 and a 200 day moving average price of $417.53. 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 firm has a market cap of $11.59 billion, a price-to-earnings ratio of 22.32 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 announced its quarterly earnings data on Thursday, February 20th. The construction company reported $4.09 EPS for the quarter, topping analysts’ consensus estimates of $3.63 by $0.46. The firm had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.77 billion. Comfort Systems USA had a return on equity of 35.28% and a net margin of 7.43%. Research analysts expect that Comfort Systems USA, Inc. will post 16.85 EPS for the current year.

Comfort Systems USA Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Monday, March 10th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.49%. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.35. The ex-dividend date is Monday, March 10th. Comfort Systems USA’s dividend payout ratio (DPR) is presently 10.95%.

Analyst Ratings Changes

Several research analysts recently commented on the company. Northcoast Research assumed coverage on Comfort Systems USA in a research report on Friday, November 22nd. They issued a “buy” rating and a $525.00 target price for the company. Sidoti raised Comfort Systems USA from a “neutral” rating to a “buy” rating and set a $552.00 price objective for the company in a report on Monday, February 24th. StockNews.com raised Comfort Systems USA from a “hold” rating to a “buy” rating in a report on Saturday, February 15th. UBS Group raised their target price 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, Stifel Nicolaus lowered their target price on Comfort Systems USA from $577.00 to $471.00 and set a “buy” rating for the company in a research note on Monday, February 24th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, Comfort Systems USA has an average rating of “Buy” and an average 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.