Cfo4life Lowers stake in Lennox International (LII)

Lennox International (LII) : Cfo4life reduced its stake in Lennox International by 10.65% during the most recent quarter end. The investment management company now holds a total of 24,743 shares of Lennox International which is valued at $3,940,075 after selling 2,949 shares in Lennox International , the firm said in a disclosure report filed with the SEC on Aug 8, 2016.Lennox International makes up approximately 3.26% of Cfo4life’s portfolio.

Other Hedge Funds, Including , Bnp Paribas Investment Partners S.a. reduced its stake in LII by selling 5,500 shares or 5.83% in the most recent quarter. The Hedge Fund company now holds 88,765 shares of LII which is valued at $14,134,939. Lennox International makes up approx 0.12% of Bnp Paribas Investment Partners S.a.’s portfolio.Mutual Of America Capital Management boosted its stake in LII in the latest quarter, The investment management firm added 1,277 additional shares and now holds a total of 28,887 shares of Lennox International which is valued at $4,487,595. Lennox International makes up approx 0.09% of Mutual Of America Capital Management’s portfolio. Spot Trading L.l.c sold out all of its stake in LII during the most recent quarter. The investment firm sold 1,735 shares of LII which is valued $269,532. Calamos Wealth Management sold out all of its stake in LII during the most recent quarter. The investment firm sold 2,936 shares of LII which is valued $460,482.

Lennox International closed down -0.97 points or -0.61% at $157.76 with 2,75,779 shares getting traded on Monday. Post opening the session at $158.4, the shares hit an intraday low of $156.67 and an intraday high of $158.4 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 $2.53 EPS for the quarter, beating the analyst consensus estimate by $ 0.18 according to the earnings call on Jul 18, 2016. Analyst had a consensus of $2.35. The company had revenue of $1019.00 million for the quarter, compared to analysts expectations of $1046.10 million. The company’s revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.84 EPS.

Many Wall Street Analysts have commented on Lennox International. Lennox International was Downgraded by Susquehanna to ” Neutral” on Aug 15, 2016. Company shares were Reiterated by UBS on Jul 19, 2016 to “Buy”, Firm has raised the Price Target to $ 170 from a previous price target of $157 .

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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