Horrell Capital Management Lowers stake in Lennox International (LII)

Lennox International (LII) : Horrell Capital Management reduced its stake in Lennox International by 0.51% during the most recent quarter end. The investment management company now holds a total of 26,862 shares of Lennox International which is valued at $4,213,036 after selling 138 shares in Lennox International , the firm said in a disclosure report filed with the SEC on Jul 26, 2016.Lennox International makes up approximately 2.63% of Horrell Capital Management’s portfolio.

Other Hedge Funds, Including , Calamos Advisors sold out all of its stake in LII during the most recent quarter. The investment firm sold 213,763 shares of LII which is valued $33,526,589.Dorsey Wright Associates boosted its stake in LII in the latest quarter, The investment management firm added 12,085 additional shares and now holds a total of 16,686 shares of Lennox International which is valued at $2,529,431. Lennox International makes up approx 1.31% of Dorsey Wright Associates’s portfolio. First Quadrant L Pca added LII to its portfolio by purchasing 45 company shares during the most recent quarter which is valued at $6,795.

Lennox International closed down -2.17 points or -1.37% at $156.8 with 3,54,887 shares getting traded on Friday. Post opening the session at $158.55, the shares hit an intraday low of $156.75 and an intraday high of $159 and the price fluctuated in this range throughout the day.Shares ended Friday 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. 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.

Leave a Reply

Lennox International - Is it time to Sell?

Top Brokerage Firms are advising their investors on Lennox International. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.