Nebula Research & Development LLC Grows Stake in Comfort Systems USA, Inc. (NYSE:FIX)

Nebula Research & Development LLC increased its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 117.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 3,198 shares of the construction company's stock after purchasing an additional 1,728 shares during the quarter. Nebula Research & Development LLC's holdings in Comfort Systems USA were worth $1,356,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Proficio Capital Partners LLC bought a new position in Comfort Systems USA during the fourth quarter valued at $217,771,000. Norges Bank bought a new position in Comfort Systems USA during the 4th quarter valued at about $196,154,000. JPMorgan Chase & Co. raised its position in Comfort Systems USA by 191.2% in the 4th quarter. JPMorgan Chase & Co. now owns 380,896 shares of the construction company's stock worth $161,523,000 after purchasing an additional 250,085 shares during the period. Voya Investment Management LLC lifted its stake in Comfort Systems USA by 824.2% in the fourth quarter. Voya Investment Management LLC now owns 233,553 shares of the construction company's stock worth $98,985,000 after purchasing an additional 208,283 shares during the last quarter. Finally, FMR LLC boosted its position in shares of Comfort Systems USA by 9.6% during the fourth quarter. FMR LLC now owns 1,697,035 shares of the construction company's stock valued at $719,645,000 after buying an additional 148,493 shares during the period. Hedge funds and other institutional investors own 96.51% of the company's stock.

Comfort Systems USA Stock Up 6.2 %

Shares of Comfort Systems USA stock traded up $24.66 during trading on Thursday, hitting $422.21. 317,489 shares of the stock traded hands, compared to its average volume of 439,834. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.04. The stock's fifty day simple moving average is $346.85 and its 200 day simple moving average is $411.91. The firm has a market cap of $14.92 billion, a P/E ratio of 28.85 and a beta of 1.27. 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 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 net margin of 7.43% and a return on equity of 35.28%. The business had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.77 billion. During the same quarter last year, the firm posted $2.69 EPS. The company's revenue for the quarter was up 19.1% on a year-over-year basis. On average, equities 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 firm also recently disclosed 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 is an increase from Comfort Systems USA's previous quarterly dividend of $0.40. The ex-dividend date is Friday, May 16th. This represents a $1.80 dividend on an annualized basis and a yield of 0.43%. Comfort Systems USA's payout ratio is 10.80%.

Wall Street Analyst Weigh In

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

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.