Janus Henderson Group PLC Grows Position in Comfort Systems USA, Inc. (NYSE:FIX)

Janus Henderson Group PLC raised its stake in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 31.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 134,397 shares of the construction company's stock after acquiring an additional 32,269 shares during the quarter. Janus Henderson Group PLC owned approximately 0.38% of Comfort Systems USA worth $57,009,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Proficio Capital Partners LLC purchased a new stake in Comfort Systems USA during the fourth quarter valued at about $217,771,000. Norges Bank purchased a new stake in shares of Comfort Systems USA during the 4th quarter valued at approximately $196,154,000. JPMorgan Chase & Co. boosted its holdings in Comfort Systems USA by 191.2% in the 4th quarter. JPMorgan Chase & Co. now owns 380,896 shares of the construction company's stock worth $161,523,000 after buying an additional 250,085 shares during the period. Voya Investment Management LLC grew its stake in Comfort Systems USA by 824.2% in the 4th quarter. Voya Investment Management LLC now owns 233,553 shares of the construction company's stock valued at $98,985,000 after buying an additional 208,283 shares in the last quarter. Finally, Bain Capital Public Equity Management II LLC grew its stake in Comfort Systems USA by 307.2% in the 4th quarter. Bain Capital Public Equity Management II LLC now owns 205,723 shares of the construction company's stock valued at $87,239,000 after buying an additional 155,204 shares in the last quarter. 96.51% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

FIX has been the topic of a number of recent research reports. Stifel Nicolaus dropped their price objective on Comfort Systems USA from $577.00 to $471.00 and set a "buy" rating on the stock in a report on Monday, February 24th. DA Davidson raised their price objective on shares of Comfort Systems USA from $440.00 to $465.00 and gave the company a "buy" rating in a research report on Monday, April 28th. Sidoti raised shares of Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 price objective for the company in a research note on Monday, February 24th. Finally, StockNews.com cut shares of Comfort Systems USA from a "buy" rating to a "hold" rating in a research note on Thursday, April 17th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, Comfort Systems USA has a consensus rating of "Moderate Buy" and a consensus price target of $517.60.

Insider Transactions at Comfort Systems USA

In other Comfort Systems USA news, Director Vance W. Tang sold 500 shares of the stock in a transaction on Thursday, May 1st. The stock was sold at an average price of $422.00, for a total value of $211,000.00. Following the completion of the sale, the director now owns 4,998 shares in the company, valued at approximately $2,109,156. This represents a 9.09% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO William George III sold 12,500 shares of the stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $470.11, for a total value of $5,876,375.00. Following the sale, the chief financial officer now owns 47,473 shares of the company's stock, valued at $22,317,532.03. This represents a 20.84% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 32,800 shares of company stock worth $14,642,235 in the last quarter. Company insiders own 1.59% of the company's stock.

Comfort Systems USA Trading Down 0.8%

Shares of NYSE FIX traded down $3.62 during midday trading on Monday, hitting $468.35. 53,979 shares of the company traded hands, compared to its average volume of 438,325. 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, Inc. has a 12-month low of $272.93 and a 12-month high of $553.09. The stock has a 50-day moving average price of $370.85 and a 200 day moving average price of $415.29. The firm has a market cap of $16.52 billion, a P/E ratio of 32.09 and a beta of 1.48.

Comfort Systems USA (NYSE:FIX - Get Free Report) last released its earnings results on Thursday, April 24th. The construction company reported $4.75 earnings per share for the quarter, topping analysts' consensus estimates of $3.66 by $1.09. The firm had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.77 billion. Comfort Systems USA had a net margin of 7.43% and a return on equity of 35.28%. The company's revenue was up 19.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.69 EPS. As a group, analysts expect that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current year.

Comfort Systems USA Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Friday, May 16th will be paid a dividend of $0.45 per share. The ex-dividend date is Friday, May 16th. This is a positive change from Comfort Systems USA's previous quarterly dividend of $0.40. This represents a $1.80 dividend on an annualized basis and a yield of 0.38%. Comfort Systems USA's payout ratio is currently 10.80%.

Comfort Systems USA Company 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.