UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $67.63 Million Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its holdings in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 4.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 159,483 shares of the construction company's stock after selling 7,891 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.45% of Comfort Systems USA worth $67,630,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FIX. EverSource Wealth Advisors LLC increased its position in shares of Comfort Systems USA by 1,925.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 81 shares of the construction company's stock worth $34,000 after purchasing an additional 77 shares during the last quarter. Colonial Trust Co SC raised its stake in Comfort Systems USA by 352.6% during the fourth quarter. Colonial Trust Co SC now owns 86 shares of the construction company's stock valued at $36,000 after buying an additional 67 shares in the last quarter. Private Trust Co. NA lifted its holdings in Comfort Systems USA by 41.3% during the 4th quarter. Private Trust Co. NA now owns 106 shares of the construction company's stock worth $45,000 after buying an additional 31 shares during the last quarter. Johnson Financial Group Inc. grew its position in shares of Comfort Systems USA by 131.1% in the 4th quarter. Johnson Financial Group Inc. now owns 104 shares of the construction company's stock worth $45,000 after acquiring an additional 59 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ increased its holdings in shares of Comfort Systems USA by 1,300.0% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 112 shares of the construction company's stock valued at $48,000 after acquiring an additional 104 shares during the last quarter. Hedge funds and other institutional investors own 96.51% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. DA Davidson lifted their price target 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. 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 research report on Monday, February 24th. Stifel Nicolaus boosted their price target on shares of Comfort Systems USA from $471.00 to $512.00 and gave the company a "buy" rating in a report on Friday, May 23rd. Finally, Wall Street Zen downgraded Comfort Systems USA from a "buy" rating to a "hold" rating in a research report on Thursday, April 17th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, Comfort Systems USA presently has a consensus rating of "Moderate Buy" and a consensus target price of $525.80.

Insider Activity

In other news, Director Darcy Anderson sold 3,000 shares of the stock in a transaction on Wednesday, May 7th. The shares were sold at an average price of $431.66, for a total value of $1,294,980.00. Following the completion of the transaction, the director now owns 34,193 shares in the company, valued at approximately $14,759,750.38. This represents a 8.07% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO William George III sold 12,500 shares of the company's stock in a transaction dated 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 completion of the sale, the chief financial officer now directly owns 47,473 shares in the company, valued at approximately $22,317,532.03. The trade was a 20.84% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 32,800 shares of company stock valued at $14,642,235 over the last 90 days. 1.59% of the stock is currently owned by company insiders.

Comfort Systems USA Price Performance

Shares of NYSE FIX traded down $7.52 during trading on Friday, hitting $471.31. The company had a trading volume of 36,789 shares, compared to its average volume of 437,535. The company has a market cap of $16.63 billion, a P/E ratio of 32.44 and a beta of 1.48. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.02 and a current ratio of 1.04. The business's 50-day moving average is $393.16 and its 200 day moving average is $418.20. Comfort Systems USA, Inc. has a 52 week low of $272.93 and a 52 week high of $553.09.

Comfort Systems USA (NYSE:FIX - Get Free Report) last posted its quarterly earnings data 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 net margin of 7.43% and a return on equity of 35.28%. The company had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.77 billion. During the same period in the prior year, the firm earned $2.69 earnings per share. The business's quarterly revenue was up 19.1% on a year-over-year basis. Equities research analysts predict that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current fiscal year.

Comfort Systems USA Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 27th. Investors of record on Friday, May 16th were issued a dividend of $0.45 per share. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a dividend yield of 0.38%. The ex-dividend date was Friday, May 16th. Comfort Systems USA's dividend payout ratio (DPR) is currently 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.