Mutual of America Capital Management LLC Buys 15,801 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Mutual of America Capital Management LLC increased its stake in Comfort Systems USA, Inc. (NYSE:FIX) by 252.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 22,071 shares of the construction company’s stock after purchasing an additional 15,801 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Comfort Systems USA were worth $4,539,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Yorktown Management & Research Co Inc bought a new stake in Comfort Systems USA during the fourth quarter valued at about $329,000. Allspring Global Investments Holdings LLC raised its holdings in Comfort Systems USA by 24.9% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 104,161 shares of the construction company’s stock valued at $21,423,000 after acquiring an additional 20,787 shares during the period. Boston Trust Walden Corp raised its holdings in Comfort Systems USA by 0.9% during the fourth quarter. Boston Trust Walden Corp now owns 202,526 shares of the construction company’s stock valued at $41,654,000 after acquiring an additional 1,834 shares during the period. Trust Point Inc. bought a new stake in Comfort Systems USA during the fourth quarter valued at about $796,000. Finally, Householder Group Estate & Retirement Specialist LLC bought a new stake in Comfort Systems USA during the fourth quarter valued at about $125,000. 96.51% of the stock is owned by institutional investors.

Comfort Systems USA Trading Down 1.2 %

Shares of Comfort Systems USA stock opened at $303.99 on Tuesday. The firm has a market cap of $10.85 billion, a price-to-earnings ratio of 33.78 and a beta of 1.19. The business has a 50-day moving average price of $292.33 and a 200-day moving average price of $226.89. The company has a quick ratio of 1.07, a current ratio of 1.11 and a debt-to-equity ratio of 0.03. Comfort Systems USA, Inc. has a twelve month low of $129.77 and a twelve month high of $335.25.

Comfort Systems USA (NYSE:FIX) last released its quarterly earnings results on Friday, February 23rd. The construction company reported $2.55 EPS for the quarter, topping the consensus estimate of $2.15 by $0.40. The company had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.33 billion. Comfort Systems USA had a return on equity of 26.99% and a net margin of 6.21%. The firm’s revenue was up 21.5% on a year-over-year basis. During the same quarter last year, the business posted $1.54 earnings per share. Equities research analysts anticipate that Comfort Systems USA, Inc. will post 11.42 EPS for the current fiscal year.

Comfort Systems USA Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 19th. Investors of record on Friday, March 8th were given a $0.25 dividend. 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 currently 11.11%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on FIX shares. UBS Group raised their price target on Comfort Systems USA from $208.00 to $254.00 and gave the company a “neutral” rating in a report on Thursday, February 15th. DA Davidson raised their price objective on Comfort Systems USA from $200.00 to $350.00 and gave the company a “buy” rating in a research report on Wednesday, February 28th. KeyCorp started coverage on Comfort Systems USA in a research report on Wednesday, January 10th. They set a “sector weight” rating for the company. Finally, StockNews.com upgraded Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Thursday, April 4th.

Insider Buying and Selling

In related news, Director Constance Ellen Skidmore sold 3,000 shares of Comfort Systems USA stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $299.96, for a total value of $899,880.00. Following the completion of the transaction, the director now owns 13,787 shares in the company, valued at $4,135,548.52. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Comfort Systems USA news, Director Constance Ellen Skidmore sold 3,000 shares of the firm’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $299.96, for a total value of $899,880.00. Following the completion of the sale, the director now owns 13,787 shares of the company’s stock, valued at $4,135,548.52. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, COO T Mckenna Trent sold 14,185 shares of the firm’s stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $278.55, for a total transaction of $3,951,231.75. Following the completion of the sale, the chief operating officer now directly owns 22,644 shares of the company’s stock, valued at approximately $6,307,486.20. The disclosure for this sale can be found here. Over the last quarter, insiders sold 46,614 shares of company stock worth $13,739,345. Corporate insiders own 2.20% of the company’s stock.

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.