American Century Companies Inc. Purchases 26,752 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

American Century Companies Inc. boosted its position in Comfort Systems USA, Inc. (NYSE:FIX) by 91.1% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 56,124 shares of the construction company’s stock after purchasing an additional 26,752 shares during the period. American Century Companies Inc. owned about 0.16% of Comfort Systems USA worth $17,068,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FIX. Opal Wealth Advisors LLC bought a new position in shares of Comfort Systems USA in the second quarter valued at approximately $41,000. Rise Advisors LLC bought a new position in Comfort Systems USA in the 1st quarter valued at $44,000. Headlands Technologies LLC purchased a new stake in shares of Comfort Systems USA during the 1st quarter valued at $65,000. National Bank of Canada FI raised its stake in shares of Comfort Systems USA by 236.5% during the 2nd quarter. National Bank of Canada FI now owns 212 shares of the construction company’s stock worth $62,000 after purchasing an additional 149 shares during the period. Finally, CWM LLC boosted its holdings in shares of Comfort Systems USA by 60.3% in the 2nd quarter. CWM LLC now owns 218 shares of the construction company’s stock worth $66,000 after buying an additional 82 shares during the last quarter. Hedge funds and other institutional investors own 96.51% of the company’s stock.

Insider Activity at Comfort Systems USA

In related news, insider Brian E. Lane sold 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 14th. The shares were sold at an average price of $329.55, for a total value of $4,943,250.00. Following the completion of the transaction, the insider now directly owns 219,205 shares of the company’s stock, valued at approximately $72,239,007.75. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Comfort Systems USA news, insider Brian E. Lane sold 15,000 shares of the stock in a transaction on Wednesday, August 14th. The stock was sold at an average price of $329.55, for a total transaction of $4,943,250.00. Following the sale, the insider now owns 219,205 shares in the company, valued at $72,239,007.75. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Darcy Anderson sold 3,546 shares of the firm’s stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $336.19, for a total value of $1,192,129.74. Following the completion of the transaction, the director now directly owns 37,193 shares of the company’s stock, valued at $12,503,914.67. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 24,391 shares of company stock worth $8,076,855. 1.80% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Wednesday, June 19th.

Comfort Systems USA Stock Performance

NYSE:FIX opened at $385.16 on Friday. The company has a market capitalization of $13.76 billion, a P/E ratio of 38.13 and a beta of 1.13. The business has a fifty day simple moving average of $326.67 and a two-hundred day simple moving average of $319.65. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.00 and a quick ratio of 0.97. Comfort Systems USA, Inc. has a 1 year low of $151.89 and a 1 year high of $387.90.

Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings data on Thursday, July 25th. The construction company reported $3.74 earnings per share for the quarter, topping the consensus estimate of $3.14 by $0.60. Comfort Systems USA had a return on equity of 31.49% and a net margin of 7.02%. The company had revenue of $1.81 billion during the quarter, compared to analyst estimates of $1.69 billion. During the same quarter last year, the firm posted $1.93 EPS. The firm’s revenue for the quarter was up 39.6% on a year-over-year basis. On average, analysts expect that Comfort Systems USA, Inc. will post 13.79 earnings per share for the current year.

Comfort Systems USA Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 12th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 0.31%. The ex-dividend date was Monday, August 12th. Comfort Systems USA’s dividend payout ratio (DPR) is currently 11.88%.

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.