Neumeier Poma Investment Counsel LLC Buys 19,833 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Neumeier Poma Investment Counsel LLC increased its position in Comfort Systems USA, Inc. (NYSE:FIX) by 36.9% during the 4th quarter, Holdings Channel reports. The firm owned 73,534 shares of the construction company’s stock after acquiring an additional 19,833 shares during the quarter. Comfort Systems USA comprises approximately 3.0% of Neumeier Poma Investment Counsel LLC’s investment portfolio, making the stock its 13th largest holding. Neumeier Poma Investment Counsel LLC’s holdings in Comfort Systems USA were worth $31,183,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Commerce Bank purchased a new position in Comfort Systems USA during the 3rd quarter valued at about $511,000. Advisors Asset Management Inc. increased its holdings in Comfort Systems USA by 50.7% during the third quarter. Advisors Asset Management Inc. now owns 1,151 shares of the construction company’s stock valued at $449,000 after buying an additional 387 shares during the period. Citigroup Inc. increased its holdings in Comfort Systems USA by 65.1% during the third quarter. Citigroup Inc. now owns 18,711 shares of the construction company’s stock valued at $7,304,000 after buying an additional 7,379 shares during the period. Cerity Partners LLC raised its stake in Comfort Systems USA by 81.6% in the third quarter. Cerity Partners LLC now owns 16,617 shares of the construction company’s stock worth $6,486,000 after buying an additional 7,466 shares in the last quarter. Finally, Daiwa Securities Group Inc. purchased a new stake in Comfort Systems USA during the third quarter worth $1,288,000. 96.51% of the stock is currently owned by hedge funds and other institutional investors.

Comfort Systems USA Stock Down 7.3 %

Comfort Systems USA stock opened at $345.94 on Thursday. The business has a fifty day moving average price of $400.94 and a 200-day moving average price of $418.48. Comfort Systems USA, Inc. has a 1-year low of $272.93 and a 1-year high of $553.09. The stock has a market capitalization of $12.30 billion, a price-to-earnings ratio of 23.68 and a beta of 1.24. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02.

Comfort Systems USA (NYSE:FIX) last issued its quarterly earnings results on Thursday, February 20th. The construction company reported $4.09 earnings per share 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 research analysts forecast that Comfort Systems USA, Inc. will post 16.85 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Monday, March 10th were paid a dividend of $0.40 per share. 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 dividend on an annualized basis and a yield of 0.46%. Comfort Systems USA’s dividend payout ratio is presently 10.95%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on FIX shares. Sidoti upgraded Comfort Systems USA from a “neutral” rating to a “buy” rating and set a $552.00 price target on the stock in a report on Monday, February 24th. Stifel Nicolaus cut 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 increased their price target on shares of Comfort Systems USA from $525.00 to $575.00 and gave the company a “buy” rating in a research report on Monday, December 9th. Finally, StockNews.com downgraded shares of Comfort Systems USA from a “buy” rating to a “hold” rating in a research report on Tuesday. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate 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.