Trust Co purchased a new stake in Whirlpool Co. (NYSE:WHR) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,450 shares of the company’s stock, valued at approximately $267,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sun Life Financial INC boosted its position in Whirlpool by 7,628.6% during the second quarter. Sun Life Financial INC now owns 541 shares of the company’s stock worth $104,000 after purchasing an additional 534 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Whirlpool by 26.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 644 shares of the company’s stock valued at $123,000 after acquiring an additional 135 shares in the last quarter. Valeo Financial Advisors LLC purchased a new stake in shares of Whirlpool in the third quarter valued at $129,000. Westwood Holdings Group Inc. purchased a new stake in shares of Whirlpool in the second quarter valued at $153,000. Finally, WESPAC Advisors SoCal LLC purchased a new stake in shares of Whirlpool in the second quarter valued at $191,000. Institutional investors own 92.39% of the company’s stock.
Shares of Whirlpool Co. (WHR) traded up $2.43 during midday trading on Thursday, hitting $171.38. The stock had a trading volume of 805,000 shares, compared to its average volume of 850,664. The stock has a market capitalization of $12,320.00, a P/E ratio of 16.17, a price-to-earnings-growth ratio of 1.52 and a beta of 1.87. Whirlpool Co. has a 52 week low of $158.80 and a 52 week high of $202.99. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.90 and a quick ratio of 0.55.
Whirlpool (NYSE:WHR) last issued its quarterly earnings results on Monday, October 23rd. The company reported $3.83 EPS for the quarter, missing analysts’ consensus estimates of $3.90 by ($0.07). The business had revenue of $5.42 billion during the quarter, compared to analysts’ expectations of $5.50 billion. Whirlpool had a net margin of 3.76% and a return on equity of 18.45%. The company’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same period in the prior year, the company posted $3.66 EPS. sell-side analysts expect that Whirlpool Co. will post 13.68 earnings per share for the current fiscal year.
Several analysts have recently issued reports on WHR shares. Bank of America downgraded Whirlpool from a “buy” rating to a “neutral” rating and set a $183.00 price objective on the stock. in a research report on Tuesday, October 24th. Zacks Investment Research lowered Whirlpool from a “hold” rating to a “sell” rating in a research note on Wednesday, October 18th. MKM Partners set a $177.00 price target on Whirlpool and gave the stock a “hold” rating in a research note on Friday, October 6th. Royal Bank of Canada restated a “buy” rating and set a $209.00 price target on shares of Whirlpool in a research note on Tuesday, October 10th. Finally, ValuEngine upgraded Whirlpool from a “hold” rating to a “buy” rating in a research note on Tuesday, December 5th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $183.60.
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Whirlpool Company Profile
Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company’s segments include North America; Europe, Middle East and Africa (EMEA); Latin America, and Asia. In North America, the Company markets and distributes home appliances and small domestic appliances under a range of brand names.
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