Edmond DE Rothschild Holding S.A. Purchases Shares of 700 Comfort Systems USA, Inc. (NYSE:FIX)

Edmond DE Rothschild Holding S.A. acquired a new position in Comfort Systems USA, Inc. (NYSE:FIX) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 700 shares of the construction company’s stock, valued at approximately $297,000.

Several other large investors have also recently modified their holdings of the company. EverSource Wealth Advisors LLC increased its position in Comfort Systems USA by 1,925.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 81 shares of the construction company’s stock valued at $34,000 after buying an additional 77 shares in the last quarter. Harbor Investment Advisory LLC increased its holdings in shares of Comfort Systems USA by 183.3% during the fourth quarter. Harbor Investment Advisory LLC now owns 85 shares of the construction company’s stock valued at $36,000 after acquiring an additional 55 shares in the last quarter. Private Trust Co. NA raised its position in shares of Comfort Systems USA by 41.3% in the 4th quarter. Private Trust Co. NA now owns 106 shares of the construction company’s stock valued at $45,000 after purchasing an additional 31 shares during the last quarter. Skandinaviska Enskilda Banken AB publ boosted its stake in 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 worth $48,000 after purchasing an additional 104 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. grew its position in Comfort Systems USA by 28.6% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 126 shares of the construction company’s stock worth $53,000 after purchasing an additional 28 shares during the last quarter. Institutional investors own 96.51% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. 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 research note on Monday, February 24th. UBS Group boosted their price target on Comfort Systems USA from $525.00 to $575.00 and gave the company a “buy” rating in a research note on Monday, December 9th. StockNews.com lowered Comfort Systems USA from a “buy” rating to a “hold” rating in a report on Tuesday, March 25th. Finally, Stifel Nicolaus decreased their target price on Comfort Systems USA from $577.00 to $471.00 and set a “buy” rating for the company in a report on Monday, February 24th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $530.75.

Comfort Systems USA Price Performance

NYSE:FIX opened at $342.18 on Thursday. The firm’s fifty day moving average is $382.07 and its two-hundred day moving average is $418.50. The firm has a market cap of $12.17 billion, a price-to-earnings ratio of 23.42 and a beta of 1.24. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.02 and a current ratio of 1.04. Comfort Systems USA, Inc. has a one year low of $272.93 and a one year 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, topping analysts’ consensus estimates of $3.63 by $0.46. The firm had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.77 billion. Comfort Systems USA had a return on equity of 35.28% and a net margin of 7.43%. Research 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 was paid on Friday, March 21st. Stockholders of record on Monday, March 10th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.47%. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.35. The ex-dividend date was Monday, March 10th. Comfort Systems USA’s payout ratio is 10.95%.

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.