Comfort Systems USA, Inc. (NYSE:FIX) Holdings Raised by American Century Companies Inc.

American Century Companies Inc. grew its position in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 38.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 79,039 shares of the construction company's stock after purchasing an additional 22,116 shares during the period. American Century Companies Inc. owned approximately 0.22% of Comfort Systems USA worth $33,517,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Consolidated Planning Corp lifted its holdings in shares of Comfort Systems USA by 49.0% during the fourth quarter. Consolidated Planning Corp now owns 4,783 shares of the construction company's stock valued at $2,028,000 after purchasing an additional 1,573 shares during the last quarter. Diversified Trust Co acquired a new position in Comfort Systems USA in the fourth quarter valued at about $2,998,000. Zacks Investment Management grew its stake in shares of Comfort Systems USA by 26.2% during the third quarter. Zacks Investment Management now owns 8,650 shares of the construction company's stock valued at $3,376,000 after purchasing an additional 1,795 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Comfort Systems USA during the fourth quarter worth approximately $39,038,000. Finally, BOCHK Asset Management Ltd bought a new position in Comfort Systems USA during the fourth quarter worth about $509,000. 96.51% of the stock is owned by institutional investors and hedge funds.

Comfort Systems USA Stock Performance

Shares of FIX traded up $12.18 during trading hours on Wednesday, hitting $342.18. The stock had a trading volume of 452,570 shares, compared to its average volume of 425,550. The firm has a 50-day moving average price of $382.07 and a 200 day moving average price of $418.50. Comfort Systems USA, Inc. has a fifty-two week low of $272.93 and a fifty-two week high of $553.09. The firm has a market capitalization 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.

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Comfort Systems USA (NYSE:FIX - Get Free Report) last released its earnings results on Thursday, February 20th. The construction company reported $4.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.63 by $0.46. The firm had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.77 billion. Comfort Systems USA had a return on equity of 35.28% and a net margin of 7.43%. As a group, research analysts anticipate that Comfort Systems USA, Inc. will post 16.85 EPS for the current year.

Comfort Systems USA Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Monday, March 10th were paid a dividend of $0.40 per share. The ex-dividend date was Monday, March 10th. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.35. This represents a $1.60 annualized dividend and a dividend yield of 0.47%. 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. 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 report on Monday, February 24th. UBS Group raised their price objective on shares of 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 research note on Tuesday, March 25th. Finally, Stifel Nicolaus dropped their price target on Comfort Systems USA from $577.00 to $471.00 and set a "buy" rating for the company in a research report on Monday, February 24th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $530.75.

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.