Aquatic Capital Management LLC Decreases Stock Position in Comfort Systems USA, Inc. (NYSE:FIX)

Aquatic Capital Management LLC lowered its position in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 53.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,733 shares of the construction company's stock after selling 3,147 shares during the period. Aquatic Capital Management LLC's holdings in Comfort Systems USA were worth $1,159,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Comfort Systems USA by 28.6% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 126 shares of the construction company's stock valued at $53,000 after acquiring an additional 28 shares during the last quarter. Dakota Wealth Management increased its stake in Comfort Systems USA by 3.8% in the fourth quarter. Dakota Wealth Management now owns 788 shares of the construction company's stock valued at $334,000 after purchasing an additional 29 shares during the last quarter. Private Trust Co. NA raised its holdings in 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 purchasing an additional 31 shares in the last quarter. Trust Point Inc. lifted its position in shares of Comfort Systems USA by 1.8% during the 4th quarter. Trust Point Inc. now owns 1,827 shares of the construction company's stock worth $775,000 after buying an additional 32 shares during the last quarter. Finally, Savant Capital LLC boosted its holdings in shares of Comfort Systems USA by 0.8% in the 4th quarter. Savant Capital LLC now owns 4,101 shares of the construction company's stock valued at $1,739,000 after buying an additional 33 shares in the last quarter. Hedge funds and other institutional investors own 96.51% of the company's stock.

Analyst Ratings Changes

Several brokerages recently commented on FIX. DA Davidson lifted 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 note on Monday, April 28th. StockNews.com lowered 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 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 note on Monday, February 24th. Finally, Sidoti raised Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 target price on the stock in a report on Monday, February 24th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $517.60.

Insider Activity at Comfort Systems USA

In other Comfort Systems USA news, Director Vance W. Tang sold 500 shares of the company's stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $422.00, for a total value of $211,000.00. Following the sale, the director now owns 4,998 shares of the company's stock, valued at $2,109,156. This represents a 9.09 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.59% of the stock is currently owned by company insiders.

Comfort Systems USA Stock Performance

Shares of FIX stock traded up $14.06 during trading hours on Friday, reaching $432.11. 444,239 shares of the company's stock were exchanged, compared to its average volume of 442,268. 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's 50 day moving average is $349.33 and its two-hundred day moving average is $412.03. The company has a market cap of $15.24 billion, a P/E ratio of 29.58 and a beta of 1.27. Comfort Systems USA, Inc. has a 1 year low of $272.93 and a 1 year high of $553.09.

Comfort Systems USA (NYSE:FIX - Get Free Report) last released its earnings results on Thursday, April 24th. The construction company reported $4.75 EPS for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $1.77 billion. During the same quarter last year, the company earned $2.69 earnings per share. Comfort Systems USA's quarterly revenue was up 19.1% compared to the same quarter last year. Equities research analysts anticipate that Comfort Systems USA, Inc. will post 16.85 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 27th. Investors of record on Friday, May 16th will be issued a $0.45 dividend. The ex-dividend date is Friday, May 16th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.42%. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.40. Comfort Systems USA's dividend payout ratio is currently 10.80%.

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.