American Century Companies Inc. Purchases 22,116 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

American Century Companies Inc. lifted its position in Comfort Systems USA, Inc. (NYSE:FIX) by 38.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 79,039 shares of the construction company’s stock after acquiring an additional 22,116 shares during the quarter. American Century Companies Inc. owned 0.22% of Comfort Systems USA worth $33,517,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Proficio Capital Partners LLC purchased a new stake in shares of Comfort Systems USA in the fourth quarter worth approximately $217,771,000. Raymond James Financial Inc. bought a new position in Comfort Systems USA in the 4th quarter valued at $39,038,000. River Global Investors LLP bought a new position in Comfort Systems USA in the 4th quarter valued at $20,945,000. Geode Capital Management LLC increased 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 worth $292,093,000 after purchasing an additional 47,929 shares during the period. Finally, Royal London Asset Management Ltd. lifted its position in shares of Comfort Systems USA by 20.6% during the third quarter. Royal London Asset Management Ltd. now owns 255,501 shares of the construction company’s stock worth $99,735,000 after purchasing an additional 43,691 shares during the last quarter. 96.51% of the stock is owned by hedge funds and other institutional investors.

Comfort Systems USA Trading Down 2.6 %

NYSE:FIX opened at $323.79 on Friday. The firm has a 50-day simple moving average of $393.86 and a 200-day simple moving average of $417.98. Comfort Systems USA, Inc. has a one year low of $272.93 and a one year high of $553.09. The firm has a market cap of $11.51 billion, a P/E ratio of 22.16 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 (NYSE:FIX) last posted its 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 return on equity of 35.28% and a net margin of 7.43%. The company had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.77 billion. Equities analysts anticipate that Comfort Systems USA, Inc. will post 16.85 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Monday, March 10th were issued a $0.40 dividend. The ex-dividend date of this dividend was Monday, March 10th. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.35. This represents a $1.60 dividend on an annualized basis and a yield of 0.49%. Comfort Systems USA’s payout ratio is currently 10.95%.

Wall Street Analyst Weigh In

FIX has been the topic of a number of research analyst reports. Stifel Nicolaus reduced 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 research note on Monday, February 24th. 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. 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 report on Monday, December 9th. Finally, StockNews.com downgraded Comfort Systems USA from a “buy” rating to a “hold” rating in a report on Tuesday. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Comfort Systems USA has a consensus rating of “Moderate Buy” and an average target price 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.