Nisa Investment Advisors LLC raised its holdings in shares of Lennox International Inc. (NYSE:LII) by 35.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 10,445 shares of the construction company’s stock after purchasing an additional 2,744 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Lennox International were worth $2,175,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Acrospire Investment Management LLC raised its holdings in Lennox International by 114.1% during the 2nd quarter. Acrospire Investment Management LLC now owns 563 shares of the construction company’s stock valued at $103,000 after acquiring an additional 300 shares during the period. YorkBridge Wealth Partners LLC raised its holdings in Lennox International by 4.5% during the 2nd quarter. YorkBridge Wealth Partners LLC now owns 648 shares of the construction company’s stock valued at $119,000 after acquiring an additional 28 shares during the period. Achmea Investment Management B.V. bought a new stake in Lennox International during the 2nd quarter valued at $239,000. Toronto Dominion Bank raised its holdings in Lennox International by 240.8% during the 3rd quarter. Toronto Dominion Bank now owns 1,622 shares of the construction company’s stock valued at $290,000 after acquiring an additional 1,146 shares during the period. Finally, Riverhead Capital Management LLC raised its holdings in Lennox International by 64.1% during the 2nd quarter. Riverhead Capital Management LLC now owns 2,297 shares of the construction company’s stock valued at $422,000 after acquiring an additional 897 shares during the period. 68.84% of the stock is currently owned by institutional investors and hedge funds.

In related news, CAO Chris Kosel sold 435 shares of the company’s stock in a transaction on Friday, December 15th. The shares were sold at an average price of $203.03, for a total value of $88,318.05. Following the completion of the transaction, the chief accounting officer now directly owns 810 shares in the company, valued at $164,454.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Todd M. Bluedorn sold 12,901 shares of the company’s stock in a transaction on Thursday, January 4th. The stock was sold at an average price of $210.95, for a total transaction of $2,721,465.95. Following the completion of the transaction, the chairman now owns 183,360 shares of the company’s stock, valued at $38,679,792. The disclosure for this sale can be found here. Insiders have sold a total of 40,573 shares of company stock valued at $8,194,706 over the last 90 days. Company insiders own 3.90% of the company’s stock.

A number of brokerages have issued reports on LII. Morgan Stanley boosted their target price on shares of Lennox International from $161.00 to $166.00 and gave the company an “underweight” rating in a report on Monday, September 25th. Cowen restated a “buy” rating and set a $210.00 price target on shares of Lennox International in a research report on Wednesday, November 29th. Stifel Nicolaus restated a “hold” rating and set a $207.00 price target (up from $193.00) on shares of Lennox International in a research report on Monday, December 11th. Wolfe Research restated a “peer perform” rating on shares of Lennox International in a research report on Tuesday, October 3rd. Finally, Wells Fargo & Co restated a “market perform” rating and set a $210.00 price target (up from $193.00) on shares of Lennox International in a research report on Thursday, December 14th. They noted that the move was a valuation call. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $190.33.

Lennox International Inc. (NYSE:LII) opened at $216.48 on Friday. The company has a market cap of $8,939.18, a price-to-earnings ratio of 30.66, a PEG ratio of 1.19 and a beta of 1.22. The company has a current ratio of 1.24, a quick ratio of 0.72 and a debt-to-equity ratio of 23.87. Lennox International Inc. has a 1 year low of $150.29 and a 1 year high of $216.79.

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 16th. Stockholders of record on Friday, December 29th were given a dividend of $0.51 per share. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 0.94%. Lennox International’s dividend payout ratio (DPR) is currently 28.90%.

TRADEMARK VIOLATION WARNING: “Nisa Investment Advisors LLC Has $2.18 Million Holdings in Lennox International Inc. (LII)” was first published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this story on another website, it was illegally copied and reposted in violation of United States & international trademark & copyright legislation. The original version of this story can be accessed at https://www.thecerbatgem.com/2018/01/20/nisa-investment-advisors-llc-has-2-18-million-holdings-in-lennox-international-inc-lii.html.

Lennox International Company Profile

Lennox International Inc is a provider of climate control solutions. The Company designs, manufactures and markets a range of products for the heating, ventilation, air conditioning and refrigeration (HVACR) markets. It operates through three segments: Residential Heating & Cooling; Commercial Heating & Cooling, and Refrigeration.

Want to see what other hedge funds are holding LII? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lennox International Inc. (NYSE:LII).

Institutional Ownership by Quarter for Lennox International (NYSE:LII)

Receive News & Ratings for Lennox International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lennox International and related companies with MarketBeat.com's FREE daily email newsletter.