Achmea Investment Management B.V. Sells 5,518 Shares of Lennox International Inc. (NYSE:LII)

Achmea Investment Management B.V. reduced its position in Lennox International Inc. (NYSE:LII - Free Report) by 6.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 74,627 shares of the construction company's stock after selling 5,518 shares during the quarter. Lennox International makes up about 0.7% of Achmea Investment Management B.V.'s portfolio, making the stock its 25th largest position. Achmea Investment Management B.V. owned 0.21% of Lennox International worth $45,470,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of LII. Jones Financial Companies Lllp boosted its position in Lennox International by 487.7% during the fourth quarter. Jones Financial Companies Lllp now owns 429 shares of the construction company's stock valued at $261,000 after acquiring an additional 356 shares during the last quarter. Private Trust Co. NA boosted its position in shares of Lennox International by 62.5% during the 4th quarter. Private Trust Co. NA now owns 117 shares of the construction company's stock valued at $71,000 after purchasing an additional 45 shares in the last quarter. Crestwood Advisors Group LLC acquired a new stake in Lennox International during the fourth quarter worth approximately $322,000. Vicus Capital bought a new stake in Lennox International in the fourth quarter worth approximately $202,000. Finally, V Square Quantitative Management LLC lifted its stake in Lennox International by 94.9% in the fourth quarter. V Square Quantitative Management LLC now owns 690 shares of the construction company's stock valued at $420,000 after buying an additional 336 shares during the period. 67.07% of the stock is owned by institutional investors.

Remove Ads

Wall Street Analyst Weigh In

A number of research firms recently issued reports on LII. Northcoast Research began coverage on shares of Lennox International in a research report on Friday, November 22nd. They set a "sell" rating and a $475.00 target price on the stock. JPMorgan Chase & Co. boosted their target price on shares of Lennox International from $536.00 to $565.00 and gave the company an "underweight" rating in a research report on Thursday, January 30th. Mizuho downgraded shares of Lennox International from an "outperform" rating to a "neutral" rating and dropped their target price for the company from $675.00 to $625.00 in a research report on Thursday, January 30th. Stephens reiterated an "overweight" rating and set a $750.00 target price on shares of Lennox International in a research report on Friday, March 7th. Finally, UBS Group boosted their target price on shares of Lennox International from $575.00 to $625.00 and gave the company a "neutral" rating in a research report on Friday, January 3rd. Four research analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $614.62.

Lennox International Stock Up 3.2 %

Shares of LII stock traded up $17.72 on Friday, hitting $576.23. The stock had a trading volume of 344,752 shares, compared to its average volume of 309,316. The business has a 50 day moving average of $613.15 and a 200 day moving average of $614.87. The stock has a market cap of $20.50 billion, a price-to-earnings ratio of 25.56, a price-to-earnings-growth ratio of 2.36 and a beta of 1.13. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.43 and a quick ratio of 0.90. Lennox International Inc. has a 12-month low of $445.63 and a 12-month high of $682.50.

Lennox International (NYSE:LII - Get Free Report) last announced its earnings results on Wednesday, January 29th. The construction company reported $5.60 EPS for the quarter, beating the consensus estimate of $4.12 by $1.48. Lennox International had a net margin of 15.11% and a return on equity of 126.79%. As a group, analysts expect that Lennox International Inc. will post 22.94 EPS for the current year.

Insider Activity

In related news, CAO Chris Kosel sold 194 shares of the stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $644.20, for a total transaction of $124,974.80. Following the completion of the transaction, the chief accounting officer now owns 1,282 shares in the company, valued at approximately $825,864.40. This represents a 13.14 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 10.40% of the stock is currently owned by corporate insiders.

Lennox International Company Profile

Lennox International Inc, together with its subsidiaries, designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Canada, and internationally. The Home Comfort Solutions segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, and replacement parts and supplies; residential heating, ventilation, cooling equipment, and air conditioning; and evaporator coils and unit heaters under Lennox, Dave Lennox Signature Collection, Armstrong Air, Ducane, AirEase, Concord, MagicPak, Advanced Distributor Products, Allied, Elite Series, Merit Series, Comfort Sync, Healthy Climate, iComfort, ComfortSense, and Lennox Stores name.