Comfort Systems USA, Inc. (NYSE:FIX) Shares Purchased by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC raised its position in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 252.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,071 shares of the construction company's stock after acquiring an additional 15,801 shares during the period. Mutual of America Capital Management LLC owned approximately 0.06% of Comfort Systems USA worth $4,539,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of FIX. BlackRock Inc. boosted its stake in shares of Comfort Systems USA by 2.3% during the first quarter. BlackRock Inc. now owns 6,016,801 shares of the construction company's stock valued at $878,212,000 after purchasing an additional 136,122 shares during the period. Vanguard Group Inc. lifted its stake in Comfort Systems USA by 1.0% in the third quarter. Vanguard Group Inc. now owns 3,898,077 shares of the construction company's stock worth $379,399,000 after acquiring an additional 39,263 shares during the period. Capital World Investors raised its holdings in Comfort Systems USA by 32.3% in the first quarter. Capital World Investors now owns 2,336,939 shares of the construction company's stock worth $208,011,000 after purchasing an additional 570,560 shares in the last quarter. Invesco Ltd. raised its holdings in Comfort Systems USA by 3.9% in the third quarter. Invesco Ltd. now owns 1,317,146 shares of the construction company's stock worth $224,455,000 after purchasing an additional 50,001 shares in the last quarter. Finally, State Street Corp raised its holdings in Comfort Systems USA by 1.5% in the second quarter. State Street Corp now owns 1,241,335 shares of the construction company's stock worth $203,827,000 after purchasing an additional 18,337 shares in the last quarter. Institutional investors own 96.51% of the company's stock.

Comfort Systems USA Price Performance

NYSE FIX traded down $0.32 during trading hours on Tuesday, hitting $303.67. 221,122 shares of the company's stock traded hands, compared to its average volume of 351,154. Comfort Systems USA, Inc. has a 52-week low of $129.77 and a 52-week high of $335.25. The company has a market capitalization of $10.84 billion, a PE ratio of 33.78 and a beta of 1.19. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.11 and a quick ratio of 1.07. The firm's 50-day moving average is $292.33 and its 200-day moving average is $226.89.

Comfort Systems USA (NYSE:FIX - Get Free Report) last announced its quarterly earnings data on Friday, February 23rd. The construction company reported $2.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.40. Comfort Systems USA had a net margin of 6.21% and a return on equity of 26.99%. The company had revenue of $1.36 billion during the quarter, compared to analysts' expectations of $1.33 billion. During the same quarter in the prior year, the company earned $1.54 EPS. Comfort Systems USA's revenue was up 21.5% compared to the same quarter last year. Equities analysts forecast that Comfort Systems USA, Inc. will post 11.42 EPS for the current fiscal year.

Comfort Systems USA Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 19th. Investors of record on Friday, March 8th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $1.00 annualized dividend and a yield of 0.33%. Comfort Systems USA's dividend payout ratio is presently 11.11%.

Insider Activity at Comfort Systems USA

In other Comfort Systems USA news, Director Pablo G. Mercado sold 1,200 shares of the business's stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $283.17, for a total value of $339,804.00. Following the transaction, the director now directly owns 11,038 shares in the company, valued at approximately $3,125,630.46. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CFO William George III sold 8,429 shares of the company's stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $278.95, for a total value of $2,351,269.55. Following the transaction, the chief financial officer now directly owns 62,471 shares in the company, valued at approximately $17,426,285.45. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Pablo G. Mercado sold 1,200 shares of the company's stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $283.17, for a total transaction of $339,804.00. Following the completion of the transaction, the director now owns 11,038 shares in the company, valued at $3,125,630.46. The disclosure for this sale can be found here. In the last quarter, insiders sold 46,614 shares of company stock valued at $13,739,345. Corporate insiders own 2.20% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. StockNews.com upgraded shares of Comfort Systems USA from a "hold" rating to a "buy" rating in a research note on Thursday, April 4th. KeyCorp began coverage on shares of Comfort Systems USA in a research report on Wednesday, January 10th. They issued a "sector weight" rating for the company. DA Davidson boosted their target price on shares of Comfort Systems USA from $200.00 to $350.00 and gave the stock a "buy" rating in a research note on Wednesday, February 28th. Finally, UBS Group boosted their target price on shares of Comfort Systems USA from $208.00 to $254.00 and gave the stock a "neutral" rating in a research note on Thursday, February 15th.

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.