TD Private Client Wealth LLC Sells 107 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

TD Private Client Wealth LLC lessened its position in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 9.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 980 shares of the construction company’s stock after selling 107 shares during the period. TD Private Client Wealth LLC’s holdings in Comfort Systems USA were worth $416,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its holdings in 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 purchasing an additional 77 shares during the last quarter. Harbor Investment Advisory LLC increased its position in 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 buying an additional 55 shares during the period. Private Trust Co. NA lifted its holdings in shares of Comfort Systems USA by 41.3% during the fourth quarter. Private Trust Co. NA now owns 106 shares of the construction company’s stock worth $45,000 after buying an additional 31 shares in the last quarter. Skandinaviska Enskilda Banken AB publ boosted its position in shares of Comfort Systems USA by 1,300.0% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 112 shares of the construction company’s stock valued at $48,000 after acquiring an additional 104 shares during the period. Finally, True Wealth Design LLC acquired a new position in shares of Comfort Systems USA in the third quarter valued at about $53,000. Institutional investors own 96.51% of the company’s stock.

Comfort Systems USA Price Performance

Shares of NYSE:FIX opened at $380.25 on Tuesday. The firm has a 50 day moving average of $405.77 and a 200-day moving average of $418.50. Comfort Systems USA, Inc. has a 12 month low of $272.93 and a 12 month high of $553.09. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $13.52 billion, a PE ratio of 26.03 and a beta of 1.24.

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, beating the consensus estimate of $3.63 by $0.46. Comfort Systems USA had a net margin of 7.43% and a return on equity of 35.28%. The business had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.77 billion. On average, equities research analysts predict that Comfort Systems USA, Inc. will post 16.85 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Monday, March 10th were given a dividend of $0.40 per share. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.35. This represents a $1.60 annualized dividend and a dividend yield of 0.42%. The ex-dividend date of this dividend was Monday, March 10th. Comfort Systems USA’s dividend payout ratio is currently 10.95%.

Analysts Set New Price Targets

Several analysts have weighed in on FIX shares. Sidoti upgraded shares of Comfort Systems USA from a “neutral” rating to a “buy” rating and set a $552.00 price objective for the company in a research note on Monday, February 24th. StockNews.com upgraded shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Saturday, February 15th. Stifel Nicolaus reduced their price target on Comfort Systems USA from $577.00 to $471.00 and set a “buy” rating on the stock in a research report on Monday, February 24th. Finally, UBS Group lifted their price objective on Comfort Systems USA from $525.00 to $575.00 and gave the company a “buy” rating in a report on Monday, December 9th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus 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.