Aptus Capital Advisors LLC Has $11.05 Million Stock Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

Aptus Capital Advisors LLC grew its holdings in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 22.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,063 shares of the construction company's stock after acquiring an additional 4,812 shares during the period. Aptus Capital Advisors LLC owned 0.07% of Comfort Systems USA worth $11,052,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of FIX. Barclays PLC raised its holdings in Comfort Systems USA by 23.4% in the 3rd quarter. Barclays PLC now owns 22,848 shares of the construction company's stock worth $8,919,000 after acquiring an additional 4,331 shares during the period. World Investment Advisors LLC bought a new position in shares of Comfort Systems USA during the 3rd quarter worth about $1,137,000. Franklin Resources Inc. raised its holdings 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 valued at $69,402,000 after acquiring an additional 1,236 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of 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 acquiring an additional 79 shares during the period. Finally, Everence Capital Management Inc. acquired a new stake in shares of Comfort Systems USA during the 4th quarter worth approximately $271,000. Institutional investors and hedge funds own 96.51% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Stifel Nicolaus lowered their price target on shares of Comfort Systems USA from $577.00 to $471.00 and set a "buy" rating on the stock in a report 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. DA Davidson increased their target price on Comfort Systems USA from $440.00 to $465.00 and gave the stock a "buy" rating in a report on Monday, April 28th. Finally, Sidoti upgraded 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. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, Comfort Systems USA presently has a consensus rating of "Moderate Buy" and a consensus target price of $517.60.

Comfort Systems USA Trading Up 0.7 %

Shares of Comfort Systems USA stock traded up $3.15 during trading hours on Wednesday, hitting $432.12. The company's stock had a trading volume of 336,031 shares, compared to its average volume of 439,713. Comfort Systems USA, Inc. has a 12 month low of $272.93 and a 12 month 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 company has a market capitalization of $15.24 billion, a PE ratio of 29.58 and a beta of 1.48. The stock has a 50 day moving average of $351.98 and a 200 day moving average of $412.21.

Comfort Systems USA (NYSE:FIX - Get Free Report) last announced its earnings results on Thursday, April 24th. The construction company reported $4.75 earnings per share for the quarter, topping analysts' consensus estimates of $3.66 by $1.09. The firm had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.77 billion. Comfort Systems USA had a net margin of 7.43% and a return on equity of 35.28%. The company's revenue for the quarter was up 19.1% compared to the same quarter last year. During the same period in the prior year, the business earned $2.69 EPS. Analysts predict that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current year.

Comfort Systems USA Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Friday, May 16th will be given a dividend of $0.45 per share. This is a positive change from Comfort Systems USA's previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Friday, May 16th. This represents a $1.80 annualized dividend and a dividend yield of 0.42%. Comfort Systems USA's payout ratio is 10.80%.

Insider Activity

In other Comfort Systems USA news, Director Pablo G. Mercado sold 1,800 shares of the company's stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $436.10, for a total value of $784,980.00. Following the sale, the director now owns 7,236 shares in the company, valued at $3,155,619.60. This represents a 19.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Vance W. Tang sold 500 shares of the stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $422.00, for a total transaction of $211,000.00. Following the completion of the transaction, the director now directly owns 4,998 shares in the company, valued at $2,109,156. The trade was a 9.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.59% of the stock is currently owned by insiders.

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.