New Amsterdam Partnersny Lowers stake in Lennox International (LII)

Lennox International (LII) : New Amsterdam Partnersny reduced its stake in Lennox International by 7.48% during the most recent quarter end. The investment management company now holds a total of 154,939 shares of Lennox International which is valued at $21.3 Million after selling 12,518 shares in Lennox International , the firm said in a disclosure report filed with the SEC on May 11, 2016.Lennox International makes up approximately 2.36% of New Amsterdam Partnersny’s portfolio.

Other Hedge Funds, Including , Cornerstone Capital Management Holdings. sold out all of its stake in LII during the most recent quarter. The investment firm sold 10,935 shares of LII which is valued $1.5 Million. Gideon Capital Advisors sold out all of its stake in LII during the most recent quarter. The investment firm sold 14,618 shares of LII which is valued $2 Million.Profund Advisors reduced its stake in LII by selling 1,763 shares or 28.53% in the most recent quarter. The Hedge Fund company now holds 4,416 shares of LII which is valued at $604,020. Lennox International makes up approx 0.03% of Profund Advisors’s portfolio.Syntal Capital Partners reduced its stake in LII by selling 43 shares or 2.34% in the most recent quarter. The Hedge Fund company now holds 1,792 shares of LII which is valued at $245,110. Lennox International makes up approx 0.29% of Syntal Capital Partners’s portfolio.Russell Frank Co reduced its stake in LII by selling 3,110 shares or 4.94% in the most recent quarter. The Hedge Fund company now holds 59,830 shares of LII which is valued at $8.1 Million. Lennox International makes up approx 0.01% of Russell Frank Co’s portfolio.

Lennox International closed down -0.07 points or -0.05% at $137.44 with 2,88,820 shares getting traded on Monday. Post opening the session at $137.73, the shares hit an intraday low of $137.1 and an intraday high of $138.98 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Lennox International reported $0.60 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Apr 18, 2016. Analyst had a consensus of $0.55. The company had revenue of $715.20 million for the quarter, compared to analysts expectations of $723.35 million. The company’s revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.37 EPS.

Many Wall Street Analysts have commented on Lennox International. Lennox International was Upgraded by Seaport Global Securities to ” Buy” on Apr 19, 2016. Lennox International was Downgraded by KeyBanc Capital Mkts to ” Sector Weight” on Apr 14, 2016. Goldman Downgraded Lennox International on Mar 28, 2016 to ” Neutral”, Price Target of the shares are set at $136.

Lennox International Inc. (LII) is a provider of climate control solutions. The Company designs manufactures and market a range of products for the heating ventilation air conditioning and refrigeration (HVACR) markets. The Company operates in three segments. The Residential Heating & Cooling segment’s products and services include furnaces air conditioners heat pumps packaged heating and cooling systems indoor air equipment comfort control products and replacement parts. The Commercial Heating & Cooling segment’s products and services include unitary heating and air conditioning equipment applied systems controls installation and service of commercial heating and cooling equipment. The Refrigeration segment’s products and services include condensing units unit coolers fluid coolers air cooled condensers air handlers process chillers controls compressorized racks supermarket display cases and systems.

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