96,528 Shares in Comfort Systems USA, Inc. (NYSE:FIX) Purchased by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC acquired a new position in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 96,528 shares of the construction company's stock, valued at approximately $40,934,000. Comfort Systems USA comprises approximately 0.6% of Susquehanna Fundamental Investments LLC's portfolio, making the stock its 10th largest position. Susquehanna Fundamental Investments LLC owned approximately 0.27% of Comfort Systems USA at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Comfort Systems USA by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 3,780,695 shares of the construction company's stock valued at $1,603,242,000 after acquiring an additional 67,240 shares during the period. FMR LLC raised its holdings in shares of Comfort Systems USA by 9.6% in 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 last quarter. Geode Capital Management LLC raised its holdings in shares of Comfort Systems USA by 2.9% in the fourth quarter. Geode Capital Management LLC now owns 769,534 shares of the construction company's stock valued at $326,409,000 after buying an additional 21,406 shares during the last quarter. Proficio Capital Partners LLC bought a new position in shares of Comfort Systems USA in the fourth quarter valued at about $217,771,000. Finally, Federated Hermes Inc. raised its holdings in shares of Comfort Systems USA by 12.4% in the fourth quarter. Federated Hermes Inc. now owns 467,838 shares of the construction company's stock valued at $198,391,000 after buying an additional 51,771 shares during the last quarter. Institutional investors and hedge funds own 96.51% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on FIX shares. 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 report on Monday. StockNews.com cut shares of Comfort Systems USA from a "buy" rating to a "hold" rating in a research report on Thursday, April 17th. Stifel Nicolaus cut their price objective on shares of Comfort Systems USA from $577.00 to $471.00 and set a "buy" rating on the stock in a research report on Monday, February 24th. Finally, Sidoti raised shares of Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 price target on the stock in a research report on Monday, February 24th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $517.60.

Comfort Systems USA Price Performance

NYSE:FIX traded up $21.26 during trading hours on Thursday, reaching $418.81. 332,463 shares of the company were exchanged, compared to its average volume of 556,014. The company has a market capitalization of $14.80 billion, a P/E ratio of 28.67 and a beta of 1.27. Comfort Systems USA, Inc. has a 1-year low of $272.92 and a 1-year high of $553.09. 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 business has a 50 day moving average of $346.85 and a 200 day moving average of $411.91.

Comfort Systems USA (NYSE:FIX - Get Free Report) last announced its quarterly 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 analysts' expectations of $1.77 billion. During the same period in the prior year, the company earned $2.69 EPS. Comfort Systems USA's revenue was up 19.1% compared to the same quarter last year. Research analysts forecast that Comfort Systems USA, Inc. will post 16.85 EPS for the current year.

Comfort Systems USA Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Friday, May 16th will be paid a $0.45 dividend. The ex-dividend date is Friday, May 16th. This is an increase from Comfort Systems USA's previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a dividend yield of 0.43%. 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.