Natixis Advisors LLC Purchases 4,341 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Natixis Advisors LLC grew its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 3.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 137,034 shares of the construction company’s stock after acquiring an additional 4,341 shares during the quarter. Natixis Advisors LLC’s holdings in Comfort Systems USA were worth $58,110,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Catalyst Funds Management Pty Ltd acquired a new position in Comfort Systems USA in the 4th quarter worth about $1,368,000. Picton Mahoney Asset Management increased its holdings in Comfort Systems USA by 23.6% in the 4th quarter. Picton Mahoney Asset Management now owns 1,195 shares of the construction company’s stock worth $507,000 after purchasing an additional 228 shares in the last quarter. Wellington Shields & Co. LLC increased its holdings in Comfort Systems USA by 20.1% in the 4th quarter. Wellington Shields & Co. LLC now owns 896 shares of the construction company’s stock worth $380,000 after purchasing an additional 150 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in Comfort Systems USA by 41.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 5,770 shares of the construction company’s stock worth $2,447,000 after purchasing an additional 1,704 shares in the last quarter. Finally, Balboa Wealth Partners acquired a new position in Comfort Systems USA in the 4th quarter worth about $260,000. 96.51% of the stock is currently owned by institutional investors.

Comfort Systems USA Stock Up 4.5 %

Shares of Comfort Systems USA stock opened at $341.92 on Friday. Comfort Systems USA, Inc. has a one year low of $272.93 and a one year high of $553.09. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02. The stock’s 50-day moving average is $416.79 and its 200 day moving average is $416.94. The firm has a market cap of $12.16 billion, a price-to-earnings ratio of 23.40 and a beta of 1.24.

Comfort Systems USA (NYSE:FIX) last announced its earnings results on Thursday, February 20th. The construction company reported $4.09 EPS for the quarter, beating 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 company had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.77 billion. Equities research analysts anticipate that Comfort Systems USA, Inc. will post 16.85 EPS for the current year.

Comfort Systems USA Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Monday, March 10th will be issued a $0.40 dividend. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.35. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.47%. The ex-dividend date of this dividend is Monday, March 10th. Comfort Systems USA’s dividend payout ratio (DPR) is currently 10.95%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on FIX shares. UBS Group upped their target price on Comfort Systems USA from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Monday, December 9th. Sidoti raised Comfort Systems USA from a “neutral” rating to a “buy” rating and set a $552.00 price target for the company 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 target for the company. Stifel Nicolaus decreased their price target 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. Finally, StockNews.com raised Comfort Systems USA from a “hold” rating to a “buy” rating in a research note on Saturday, February 15th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $530.75.

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.