DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Has $2.04 Million Stock Position in Comfort Systems USA, Inc. (NYSE:FIX)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 48.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 4,808 shares of the construction company's stock after buying an additional 1,568 shares during the quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main's holdings in Comfort Systems USA were worth $2,039,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Consolidated Planning Corp lifted its holdings in Comfort Systems USA by 49.0% in 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 during the last quarter. Raymond James Financial Inc. acquired a new position in Comfort Systems USA in the fourth quarter valued at approximately $39,038,000. BOCHK Asset Management Ltd acquired a new position in Comfort Systems USA in the fourth quarter valued at approximately $509,000. HB Wealth Management LLC acquired a new position in Comfort Systems USA in the fourth quarter valued at approximately $292,000. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in Comfort Systems USA by 1.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,670 shares of the construction company's stock valued at $1,042,000 after acquiring an additional 46 shares during the period. 96.51% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Sidoti upgraded Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 target price for the company in a research note on Monday, February 24th. StockNews.com downgraded Comfort Systems USA from a "buy" rating to a "hold" rating in a research note on Thursday, April 17th. DA Davidson upped their target price 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, April 28th. Finally, Stifel Nicolaus decreased their target price 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. 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, the stock presently has an average rating of "Moderate Buy" and an average target price of $517.60.

Comfort Systems USA Price Performance

FIX traded up $0.62 on Wednesday, reaching $465.85. The company had a trading volume of 527,749 shares, compared to its average volume of 440,918. The company has a fifty day moving average of $362.06 and a 200-day moving average of $413.54. The company has a market capitalization of $16.43 billion, a P/E ratio of 31.89 and a beta of 1.48. 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, Inc. has a one year low of $272.93 and a one year high of $553.09.

Comfort Systems USA (NYSE:FIX - Get Free Report) last issued its quarterly 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 company 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 business'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 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 firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 27th. Investors of record on Friday, May 16th will be paid a dividend of $0.45 per share. The ex-dividend date of this dividend 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 annualized dividend and a yield of 0.39%. Comfort Systems USA's dividend payout ratio is currently 10.80%.

Insider Activity at Comfort Systems USA

In other news, CFO William George III sold 12,500 shares of the business's stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $470.11, for a total transaction of $5,876,375.00. Following the sale, the chief financial officer now owns 47,473 shares in the company, valued at $22,317,532.03. The trade was a 20.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Vance W. Tang sold 500 shares of the business's stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $422.00, for a total transaction of $211,000.00. Following the sale, the director now owns 4,998 shares in the company, valued at $2,109,156. This represents a 9.09% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 32,800 shares of company stock valued at $14,642,235 over the last ninety days. Insiders own 1.59% of the company's stock.

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.