Schonfeld Strategic Advisors LLC Purchases 20,498 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Schonfeld Strategic Advisors LLC lifted its holdings in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 419.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 25,390 shares of the construction company's stock after purchasing an additional 20,498 shares during the quarter. Schonfeld Strategic Advisors LLC owned about 0.07% of Comfort Systems USA worth $10,767,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of FIX. Consolidated Planning Corp increased its position in shares of Comfort Systems USA by 49.0% during the fourth quarter. Consolidated Planning Corp now owns 4,783 shares of the construction company's stock worth $2,028,000 after acquiring an additional 1,573 shares in the last quarter. Diversified Trust Co bought a new position in Comfort Systems USA during the 4th quarter worth about $2,998,000. Raymond James Financial Inc. acquired a new stake in shares of Comfort Systems USA in the 4th quarter valued at about $39,038,000. BOCHK Asset Management Ltd bought a new position in shares of Comfort Systems USA during the 4th quarter worth approximately $509,000. Finally, HB Wealth Management LLC acquired a new stake in Comfort Systems USA in the 4th quarter valued at $292,000. 96.51% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on FIX shares. Sidoti upgraded Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 price target for the company in a research note on Monday, February 24th. StockNews.com cut shares of Comfort Systems USA from a "buy" rating to a "hold" rating in a research note on Thursday, April 17th. Stifel Nicolaus decreased their price objective on shares of 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. Finally, DA Davidson upped their target price on shares of Comfort Systems USA from $440.00 to $465.00 and gave the company a "buy" rating in a report on Monday, April 28th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, Comfort Systems USA currently has a consensus rating of "Moderate Buy" and an average target price of $517.60.

Comfort Systems USA Stock Performance

Shares of FIX stock traded down $4.97 during midday trading on Tuesday, hitting $430.33. 60,206 shares of the company were exchanged, compared to its average volume of 440,586. Comfort Systems USA, Inc. has a 52 week low of $272.93 and a 52 week high of $553.09. The firm has a market capitalization of $15.18 billion, a P/E ratio of 29.49 and a beta of 1.27. The firm's 50 day moving average price is $350.54 and its two-hundred day moving average price is $412.09. 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 (NYSE:FIX - Get Free Report) last released 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. The business had revenue of $1.83 billion during the quarter, compared to analysts' expectations of $1.77 billion. Comfort Systems USA had a return on equity of 35.28% and a net margin of 7.43%. The firm's revenue for the quarter was up 19.1% compared to the same quarter last year. During the same period last year, the firm posted $2.69 EPS. As a group, equities research analysts anticipate 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. Investors of record on Friday, May 16th will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 0.42%. The ex-dividend date is Friday, May 16th. This is an increase from Comfort Systems USA's previous quarterly dividend of $0.40. Comfort Systems USA's payout ratio is 10.80%.

Insider Buying and Selling

In related news, Director Vance W. Tang sold 500 shares of the firm's stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $422.00, for a total value of $211,000.00. Following the sale, the director now directly owns 4,998 shares of the company's stock, valued at $2,109,156. This trade represents a 9.09 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.59% of the stock is currently owned by company insiders.

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.