Amundi Has $447,000 Position in Comfort Systems USA, Inc. (NYSE:FIX)

Amundi reduced its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 5.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 992 shares of the construction company’s stock after selling 60 shares during the quarter. Amundi’s holdings in Comfort Systems USA were worth $447,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in FIX. State Street Corp lifted its stake in Comfort Systems USA by 0.6% in the third quarter. State Street Corp now owns 1,055,561 shares of the construction company’s stock valued at $412,038,000 after acquiring an additional 6,496 shares during the last quarter. Geode Capital Management LLC lifted its stake in Comfort Systems USA by 6.8% in the third quarter. Geode Capital Management LLC now owns 748,128 shares of the construction company’s stock valued at $292,093,000 after acquiring an additional 47,929 shares during the last quarter. Proficio Capital Partners LLC acquired a new stake in Comfort Systems USA in the fourth quarter valued at approximately $217,771,000. Vaughan Nelson Investment Management L.P. lifted its stake in Comfort Systems USA by 2.2% in the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 363,947 shares of the construction company’s stock valued at $154,335,000 after acquiring an additional 7,890 shares during the last quarter. Finally, Royal London Asset Management Ltd. lifted its stake in Comfort Systems USA by 20.6% in the third quarter. Royal London Asset Management Ltd. now owns 255,501 shares of the construction company’s stock valued at $99,735,000 after acquiring an additional 43,691 shares during the last quarter. 96.51% of the stock is currently owned by institutional investors and hedge funds.

Comfort Systems USA Trading Down 0.1 %

Shares of Comfort Systems USA stock opened at $357.31 on Friday. The firm has a market capitalization of $12.70 billion, a PE ratio of 24.46 and a beta of 1.24. 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 fifty day moving average price is $408.67 and its two-hundred day moving average price is $416.55. 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) last issued its earnings results on Thursday, February 20th. The construction company reported $4.09 EPS for the quarter, beating the consensus estimate of $3.63 by $0.46. Comfort Systems USA had a net margin of 7.43% and a return on equity of 35.28%. The company had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.77 billion. On average, analysts expect 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 Friday, March 21st. Stockholders of record on Monday, March 10th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.45%. The ex-dividend date of this dividend is Monday, March 10th. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.35. Comfort Systems USA’s payout ratio is currently 10.95%.

Analyst Upgrades and Downgrades

FIX has been the topic of a number of recent analyst reports. Northcoast Research initiated coverage on shares of Comfort Systems USA in a research report on Friday, November 22nd. They issued a “buy” rating and a $525.00 price target on the stock. Sidoti raised shares of 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 dropped their target price 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. StockNews.com raised shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Saturday, February 15th. Finally, UBS Group boosted their target price on shares of Comfort Systems USA from $525.00 to $575.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $530.75.

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.