Lennox Intl (LII) Stock Declined While Rainier Investment Management Lowered Its Position; Pinnacle Associates LTD Continues to Hold Position in Golar Lng LTD Bermuda (GLNG)

May 17, 2018 - By Peter Kolinski

Golar LNG Limited (NASDAQ:GLNG) Logo

Pinnacle Associates Ltd increased its stake in Golar Lng Ltd Bermuda (GLNG) by 10.2% based on its latest 2017Q4 regulatory filing with the SEC. Pinnacle Associates Ltd bought 42,725 shares as the company’s stock declined 7.01% with the market. The institutional investor held 461,762 shares of the marine transportation company at the end of 2017Q4, valued at $13.77M, up from 419,037 at the end of the previous reported quarter. Pinnacle Associates Ltd who had been investing in Golar Lng Ltd Bermuda for a number of months, seems to be bullish on the $3.43B market cap company. The stock increased 1.04% or $0.35 during the last trading session, reaching $33.95. About 704,611 shares traded. Golar LNG Limited (NASDAQ:GLNG) has risen 1.30% since May 17, 2017 and is uptrending. It has underperformed by 10.25% the S&P500.

Rainier Investment Management Llc decreased its stake in Lennox Intl Inc (LII) by 24.42% based on its latest 2017Q4 regulatory filing with the SEC. Rainier Investment Management Llc sold 4,840 shares as the company’s stock declined 1.86% with the market. The institutional investor held 14,980 shares of the capital goods company at the end of 2017Q4, valued at $3.12M, down from 19,820 at the end of the previous reported quarter. Rainier Investment Management Llc who had been investing in Lennox Intl Inc for a number of months, seems to be less bullish one the $8.38B market cap company. The stock increased 1.72% or $3.43 during the last trading session, reaching $203.14. About 149,600 shares traded. Lennox International Inc. (NYSE:LII) has risen 18.72% since May 17, 2017 and is uptrending. It has outperformed by 7.17% the S&P500.

Rainier Investment Management Llc, which manages about $7.08B and $236.50M US Long portfolio, upped its stake in Natus Medical Inc Del (NASDAQ:BABY) by 17,030 shares to 83,180 shares, valued at $3.18M in 2017Q4, according to the filing.

Another recent and important Lennox International Inc. (NYSE:LII) news was published by Seekingalpha.com which published an article titled: “More on Lennox’s Q1 beat” on April 23, 2018.

Investors sentiment decreased to 1.07 in 2017 Q4. Its down 0.02, from 1.09 in 2017Q3. It worsened, as 23 investors sold LII shares while 107 reduced holdings. 62 funds opened positions while 77 raised stakes. 27.83 million shares or 1.66% less from 28.30 million shares in 2017Q3 were reported. Captrust Advsrs, a North Carolina-based fund reported 12 shares. Eaton Vance Management holds 199,657 shares. Invesco accumulated 44,384 shares. Axa holds 0% or 5,538 shares in its portfolio. Quantitative Invest Mgmt Ltd Limited Liability Company has 0.1% invested in Lennox International Inc. (NYSE:LII) for 31,600 shares. Moreover, Keybank National Association Oh has 0% invested in Lennox International Inc. (NYSE:LII) for 2,828 shares. Caisse De Depot Et Placement Du Quebec reported 3,700 shares. Guggenheim Capital Limited Com stated it has 54,310 shares or 0.03% of all its holdings. Macquarie owns 30,166 shares. Northwestern Mutual Wealth Mngmt has invested 0% in Lennox International Inc. (NYSE:LII). Bb&T holds 1,043 shares. Principal reported 0.03% in Lennox International Inc. (NYSE:LII). Nordea Invest Mgmt holds 2,243 shares or 0% of its portfolio. Horrell has 28,641 shares for 3.12% of their portfolio. The Mississippi-based Hancock Hldg has invested 0.02% in Lennox International Inc. (NYSE:LII).

Analysts await Lennox International Inc. (NYSE:LII) to report earnings on July, 23. They expect $3.54 EPS, up 25.09% or $0.71 from last year’s $2.83 per share. LII’s profit will be $146.00M for 14.35 P/E if the $3.54 EPS becomes a reality. After $1.13 actual EPS reported by Lennox International Inc. for the previous quarter, Wall Street now forecasts 213.27% EPS growth.

Among 16 analysts covering Lennox International Inc. (NYSE:LII), 5 have Buy rating, 1 Sell and 10 Hold. Therefore 31% are positive. Lennox International Inc. had 60 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Wednesday, March 21 with “Hold”. The stock has “Neutral” rating by Susquehanna on Monday, August 15. The stock has “Market Perform” rating by Wells Fargo on Friday, October 6. The firm has “Market Perform” rating given on Thursday, December 17 by Wells Fargo. The firm earned “Outperform” rating on Tuesday, February 23 by Cowen & Co. On Tuesday, April 24 the stock rating was maintained by Susquehanna with “Hold”. The company was maintained on Wednesday, December 13 by Robert W. Baird. On Wednesday, February 7 the stock rating was maintained by UBS with “Hold”. On Tuesday, February 6 the stock rating was maintained by Robert W. Baird with “Buy”. Susquehanna maintained it with “Positive” rating and $165 target in Thursday, April 14 report.

Since December 12, 2017, it had 0 insider buys, and 16 selling transactions for $18.76 million activity. The insider Bluedorn Todd M sold $2.72 million. $1.27 million worth of Lennox International Inc. (NYSE:LII) shares were sold by Sessa Daniel M. JOHNSTON TERRY L had sold 1,511 shares worth $307,896 on Tuesday, December 12. Another trade for 5,709 shares valued at $1.18M was sold by Torres John D. Shares for $200,000 were sold by MAJOR JOHN E on Friday, May 4. Reitmeier Joseph William had sold 6,149 shares worth $1.25 million on Thursday, March 15.

Another recent and important Golar LNG Limited (NASDAQ:GLNG) news was published by Seekingalpha.com which published an article titled: “Golar LNG: Playing The Turnaround” on April 25, 2018.

Among 12 analysts covering Golar LNG Limited (NASDAQ:GLNG), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. Golar LNG Limited had 30 analyst reports since August 18, 2015 according to SRatingsIntel. Credit Suisse upgraded Golar LNG Limited (NASDAQ:GLNG) on Monday, May 9 to “Outperform” rating. As per Friday, September 22, the company rating was maintained by Stifel Nicolaus. The stock has “Buy” rating by Stifel Nicolaus on Thursday, April 19. The stock of Golar LNG Limited (NASDAQ:GLNG) has “Equal-Weight” rating given on Monday, February 12 by Morgan Stanley. The firm earned “Buy” rating on Thursday, November 30 by Cowen & Co. The firm earned “Buy” rating on Monday, December 18 by Jefferies. Citigroup maintained Golar LNG Limited (NASDAQ:GLNG) rating on Thursday, August 17. Citigroup has “Buy” rating and $26 target. The firm earned “Buy” rating on Sunday, October 22 by Stifel Nicolaus. The company was maintained on Thursday, October 20 by Cowen & Co. The stock of Golar LNG Limited (NASDAQ:GLNG) earned “Buy” rating by Jefferies on Friday, January 26.

Pinnacle Associates Ltd, which manages about $6.31B and $5.20 billion US Long portfolio, decreased its stake in Blackstone Group LP (NYSE:BX) by 77,925 shares to 74,535 shares, valued at $2.39 million in 2017Q4, according to the filing. It also reduced its holding in Lions Gate Entmnt Corp by 66,076 shares in the quarter, leaving it with 684,286 shares, and cut its stake in Raymond James Financial Inc (NYSE:RJF).

Lennox International Inc. (NYSE:LII) Institutional Positions Chart

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