Aviva PLC Has $553,000 Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

Aviva PLC decreased its stake in Comfort Systems USA, Inc. (NYSE:FIX) by 30.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,305 shares of the construction company’s stock after selling 580 shares during the period. Aviva PLC’s holdings in Comfort Systems USA were worth $553,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Quantinno Capital Management LP boosted its position in Comfort Systems USA by 12.6% in the third quarter. Quantinno Capital Management LP now owns 3,727 shares of the construction company’s stock valued at $1,455,000 after buying an additional 416 shares in the last quarter. Barclays PLC raised its stake in shares of Comfort Systems USA by 23.4% in the third quarter. Barclays PLC now owns 22,848 shares of the construction company’s stock valued at $8,919,000 after acquiring an additional 4,331 shares during the last quarter. M&T Bank Corp boosted its holdings in shares of Comfort Systems USA by 6.5% in the 3rd quarter. M&T Bank Corp now owns 5,380 shares of the construction company’s stock worth $2,100,000 after acquiring an additional 328 shares in the last quarter. Geode Capital Management LLC grew its position in Comfort Systems USA by 6.8% during the 3rd quarter. Geode Capital Management LLC now owns 748,128 shares of the construction company’s stock worth $292,093,000 after acquiring an additional 47,929 shares during the last quarter. Finally, Sunbelt Securities Inc. increased its holdings in Comfort Systems USA by 22.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 429 shares of the construction company’s stock valued at $167,000 after purchasing an additional 79 shares in the last quarter. Institutional investors and hedge funds own 96.51% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on FIX shares. Stifel Nicolaus reduced their price objective on Comfort Systems USA from $577.00 to $471.00 and set a “buy” rating on the stock in a research note on Monday, February 24th. StockNews.com upgraded shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Wednesday. Finally, Sidoti upgraded 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. Five analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $530.75.

Comfort Systems USA Price Performance

Shares of FIX stock opened at $347.94 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.04. Comfort Systems USA, Inc. has a 12 month low of $272.93 and a 12 month high of $553.09. The firm has a market cap of $12.29 billion, a price-to-earnings ratio of 23.81 and a beta of 1.27. The stock has a 50-day moving average price of $359.67 and a 200 day moving average price of $415.22.

Comfort Systems USA (NYSE:FIX) last posted its quarterly earnings results on Thursday, February 20th. The construction company reported $4.09 earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.77 billion. Research analysts expect that Comfort Systems USA, Inc. will post 16.85 EPS for the current year.

Comfort Systems USA Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Monday, March 10th were given a $0.40 dividend. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.35. This represents a $1.60 annualized dividend and a dividend yield of 0.46%. The ex-dividend date of this dividend was Monday, March 10th. Comfort Systems USA’s dividend payout ratio (DPR) is currently 10.95%.

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.