American Century Companies Inc. Acquires Shares of 7,125 Comfort Systems USA, Inc. (FIX)

American Century Companies Inc. acquired a new position in shares of Comfort Systems USA, Inc. (NYSE:FIX) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 7,125 shares of the construction company’s stock, valued at approximately $264,000.

Several other large investors also recently bought and sold shares of FIX. BlackRock Inc. increased its holdings in shares of Comfort Systems USA by 63,201.2% during the 1st quarter. BlackRock Inc. now owns 5,067,895 shares of the construction company’s stock worth $185,736,000 after purchasing an additional 5,059,889 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of Comfort Systems USA by 25.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,257,421 shares of the construction company’s stock worth $46,650,000 after purchasing an additional 253,377 shares during the period. Neumeier Poma Investment Counsel LLC increased its holdings in shares of Comfort Systems USA by 61.2% during the 1st quarter. Neumeier Poma Investment Counsel LLC now owns 646,950 shares of the construction company’s stock worth $23,711,000 after purchasing an additional 245,725 shares during the period. RE Advisers Corp increased its holdings in shares of Comfort Systems USA by 4,035.6% during the 2nd quarter. RE Advisers Corp now owns 155,539 shares of the construction company’s stock worth $5,770,000 after purchasing an additional 151,778 shares during the period. Finally, Prudential Financial Inc. increased its holdings in shares of Comfort Systems USA by 61.3% during the 1st quarter. Prudential Financial Inc. now owns 381,124 shares of the construction company’s stock worth $13,968,000 after purchasing an additional 144,890 shares during the period. Institutional investors own 92.50% of the company’s stock.

FIX has been the topic of several research reports. Zacks Investment Research downgraded shares of Comfort Systems USA from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd. BidaskClub upgraded shares of Comfort Systems USA from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $63.00.

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Shares of Comfort Systems USA, Inc. (NYSE FIX) opened at 34.35 on Thursday. The firm has a market capitalization of $1.28 billion, a price-to-earnings ratio of 20.68 and a beta of 1.26. The stock’s 50 day moving average is $33.48 and its 200 day moving average is $35.12. Comfort Systems USA, Inc. has a 12 month low of $26.90 and a 12 month high of $39.67.

Comfort Systems USA (NYSE:FIX) last issued its quarterly earnings data on Friday, July 28th. The construction company reported $0.48 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.49 by ($0.01). The company had revenue of $465.41 million during the quarter, compared to the consensus estimate of $462.06 million. Comfort Systems USA had a net margin of 3.77% and a return on equity of 16.52%. Comfort Systems USA’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.47 earnings per share. Equities research analysts forecast that Comfort Systems USA, Inc. will post $1.76 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, August 25th. Investors of record on Monday, August 14th were given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date of this dividend was Thursday, August 10th. Comfort Systems USA’s dividend payout ratio is 17.96%.

In other Comfort Systems USA news, Chairman Franklin Myers purchased 5,482 shares of the stock in a transaction that occurred on Monday, July 31st. The shares were acquired at an average cost of $33.58 per share, with a total value of $184,085.56. Following the completion of the transaction, the chairman now owns 205,000 shares in the company, valued at $6,883,900. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Alan Krusi sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $33.85, for a total transaction of $67,700.00. The disclosure for this sale can be found here. 3.49% of the stock is currently owned by company insiders.

Comfort Systems USA Company Profile

Comfort Systems USA, Inc is a provider of mechanical contracting services, which principally includes heating, ventilation and air conditioning (HVAC), plumbing, piping and controls, as well as off-site construction, electrical, monitoring and fire protection. As of December 31, 2016, the Company installed, maintained, repaired and replaced products and systems throughout its 35 operating units in 84 cities and 91 locations throughout the United States.

Institutional Ownership by Quarter for Comfort Systems USA (NYSE:FIX)

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