Dark Forest Capital Management LP Makes New Investment in Comfort Systems USA, Inc. (NYSE:FIX)

Dark Forest Capital Management LP bought a new stake in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,516 shares of the construction company's stock, valued at approximately $643,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Barclays PLC increased its position in Comfort Systems USA by 23.4% during the 3rd quarter. Barclays PLC now owns 22,848 shares of the construction company's stock valued at $8,919,000 after buying an additional 4,331 shares in the last quarter. World Investment Advisors LLC purchased a new stake in Comfort Systems USA in the 3rd quarter worth approximately $1,137,000. Franklin Resources Inc. boosted its stake in Comfort Systems USA by 0.8% in the 3rd quarter. Franklin Resources Inc. now owns 165,579 shares of the construction company's stock worth $69,402,000 after purchasing an additional 1,236 shares during the period. GAMMA Investing LLC boosted its stake in Comfort Systems USA by 14.1% in the 4th quarter. GAMMA Investing LLC now owns 641 shares of the construction company's stock worth $272,000 after purchasing an additional 79 shares during the period. Finally, Everence Capital Management Inc. bought a new position in shares of Comfort Systems USA during the 4th quarter valued at approximately $271,000. Institutional investors own 96.51% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on FIX shares. Stifel Nicolaus lowered their target price on Comfort Systems USA from $577.00 to $471.00 and set a "buy" rating for the company in a research report on Monday, February 24th. Sidoti upgraded Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 target price on the stock in a research note on Monday, February 24th. StockNews.com downgraded Comfort Systems USA from a "buy" rating to a "hold" rating in a report on Thursday, April 17th. Finally, DA Davidson upped their price target on shares of Comfort Systems USA from $440.00 to $465.00 and gave the stock a "buy" rating in a research report on Monday. 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 presently has an average rating of "Moderate Buy" and an average price target of $517.60.

Comfort Systems USA Stock Performance

Shares of NYSE FIX traded up $25.98 during mid-day trading on Thursday, hitting $423.53. The stock had a trading volume of 262,025 shares, compared to its average volume of 439,625. The company has a 50 day moving average of $346.85 and a two-hundred day moving average of $411.91. The firm has a market cap of $14.96 billion, a PE ratio of 29.02 and a beta of 1.27. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.02 and a current ratio of 1.04. Comfort Systems USA, Inc. has a twelve month low of $272.93 and a twelve month high of $553.09.

Comfort Systems USA (NYSE:FIX - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The construction company reported $4.75 earnings per share for the quarter, topping the consensus estimate 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 company 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 firm earned $2.69 EPS. The firm's revenue for the quarter was up 19.1% compared to the same quarter last year. Research 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 declared 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. The ex-dividend date is Friday, May 16th. This is a positive change from Comfort Systems USA's previous quarterly dividend of $0.40. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.43%. Comfort Systems USA's dividend payout ratio is 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.