Coldstream Capital Management Inc. Sells 212 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Coldstream Capital Management Inc. reduced its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 10.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,888 shares of the construction company’s stock after selling 212 shares during the period. Coldstream Capital Management Inc.’s holdings in Comfort Systems USA were worth $801,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. EverSource Wealth Advisors LLC lifted its stake in shares of Comfort Systems USA by 1,925.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 81 shares of the construction company’s stock worth $34,000 after acquiring an additional 77 shares during the last quarter. Harbor Investment Advisory LLC lifted 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 acquiring an additional 55 shares during the last quarter. Private Trust Co. NA lifted 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 acquiring an additional 31 shares during the last quarter. Skandinaviska Enskilda Banken AB publ lifted its stake in shares of Comfort Systems USA by 1,300.0% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 112 shares of the construction company’s stock worth $48,000 after acquiring an additional 104 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted 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 acquiring an additional 28 shares during the last quarter. 96.51% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on FIX shares. DA Davidson raised their price objective on Comfort Systems USA from $440.00 to $465.00 and gave the stock a “buy” rating in a report on Monday. Stifel Nicolaus reduced their price objective on Comfort Systems USA from $577.00 to $471.00 and set a “buy” rating on the stock in a report on Monday, February 24th. 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 report on Monday, February 24th. Finally, StockNews.com downgraded Comfort Systems USA from a “buy” rating to a “hold” rating in a report on Thursday, April 17th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Comfort Systems USA has an average rating of “Moderate Buy” and an average target price of $517.60.

Comfort Systems USA Trading Down 0.7 %

Shares of NYSE:FIX opened at $394.66 on Tuesday. Comfort Systems USA, Inc. has a 12-month low of $272.93 and a 12-month high of $553.09. The business’s fifty day simple moving average is $345.85 and its 200-day simple moving average is $412.11. The company has a market capitalization of $13.94 billion, a PE ratio of 27.01 and a beta of 1.27. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.04.

Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings results on Thursday, April 24th. The construction company reported $4.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.66 by $1.09. Comfort Systems USA had a return on equity of 35.28% and a net margin of 7.43%. The business had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.77 billion. During the same period last year, the business posted $2.69 EPS. The business’s revenue was up 19.1% compared to the same quarter last year. As a group, equities research analysts predict 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 will be paid on Tuesday, May 27th. Stockholders of record on Friday, May 16th will be given a $0.45 dividend. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.40. The ex-dividend date is Friday, May 16th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.46%. Comfort Systems USA’s dividend payout ratio (DPR) is presently 10.80%.

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.