Personal CFO Solutions LLC Invests $212,000 in Comfort Systems USA, Inc. (NYSE:FIX)

Personal CFO Solutions LLC bought a new position in shares of Comfort Systems USA, Inc. (NYSE:FIX) during the fourth quarter, according to its most recent filing with the SEC. The fund bought 499 shares of the construction company’s stock, valued at approximately $212,000.

Other hedge funds also recently made changes to their positions in the company. Harbor Investment Advisory LLC raised its stake in shares of Comfort Systems USA by 183.3% during the 4th quarter. Harbor Investment Advisory LLC now owns 85 shares of the construction company’s stock worth $36,000 after purchasing an additional 55 shares during the period. Private Trust Co. NA raised its stake in shares of Comfort Systems USA by 41.3% during the 4th quarter. Private Trust Co. NA now owns 106 shares of the construction company’s stock worth $45,000 after purchasing an additional 31 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its stake 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 period. True Wealth Design LLC bought a new stake in shares of Comfort Systems USA during the 3rd quarter worth $53,000. Finally, Smartleaf Asset Management LLC raised its stake in shares of Comfort Systems USA by 67.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 152 shares of the construction company’s stock worth $65,000 after purchasing an additional 61 shares during the period. 96.51% of the stock is currently owned by institutional investors.

Comfort Systems USA Stock Up 4.1 %

FIX stock opened at $326.05 on Wednesday. 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 capitalization of $11.59 billion, a PE ratio of 22.32 and a beta of 1.24. Comfort Systems USA, Inc. has a twelve month low of $272.93 and a twelve month high of $553.09. The stock has a 50-day simple moving average of $422.70 and a two-hundred day simple moving average of $417.53.

Comfort Systems USA (NYSE:FIX) last posted its earnings results on Thursday, February 20th. The construction company reported $4.09 earnings per share for the quarter, beating analysts’ consensus estimates of $3.63 by $0.46. The business 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%. On average, equities analysts predict that Comfort Systems USA, Inc. will post 16.85 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

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

Analysts Set New Price Targets

FIX has been the topic of a number of recent analyst reports. StockNews.com upgraded Comfort Systems USA from a “hold” rating to a “buy” rating in a research note on Saturday, February 15th. Stifel Nicolaus lowered their price objective 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. Northcoast Research started coverage on Comfort Systems USA in a research note on Friday, November 22nd. They issued a “buy” rating and a $525.00 price objective on the stock. Sidoti upgraded Comfort Systems USA from a “neutral” rating to a “buy” rating and set a $552.00 price objective on the stock in a research note 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 note on Monday, December 9th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of “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.