Verition Fund Management LLC purchased a new position in shares of Whirlpool Co. (NYSE:WHR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,855 shares of the company’s stock, valued at approximately $987,000.
Other large investors also recently modified their holdings of the company. NuWave Investment Management LLC acquired a new stake in Whirlpool during the fourth quarter worth approximately $101,000. Cerebellum GP LLC acquired a new stake in Whirlpool during the fourth quarter worth approximately $128,000. Valeo Financial Advisors LLC acquired a new stake in Whirlpool during the third quarter worth approximately $129,000. Clear Perspective Advisors LLC grew its position in Whirlpool by 74.6% during the fourth quarter. Clear Perspective Advisors LLC now owns 1,170 shares of the company’s stock worth $197,000 after buying an additional 500 shares in the last quarter. Finally, Moors & Cabot Inc. acquired a new stake in Whirlpool during the fourth quarter worth approximately $211,000. 92.18% of the stock is currently owned by institutional investors and hedge funds.
A number of equities research analysts recently issued reports on WHR shares. ValuEngine raised Whirlpool from a “hold” rating to a “buy” rating in a research report on Tuesday, December 5th. Zacks Investment Research raised Whirlpool from a “sell” rating to a “hold” rating in a research report on Thursday, January 25th. UBS raised Whirlpool from a “market perform” rating to an “outperform” rating in a report on Friday, January 26th. Raymond James Financial raised Whirlpool from a “market perform” rating to an “outperform” rating and set a $200.00 target price on the stock in a report on Friday, January 26th. Finally, Royal Bank of Canada raised their target price on Whirlpool to $200.00 and gave the company an “in-line” rating in a report on Monday, January 29th. Seven equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $189.40.
Shares of Whirlpool Co. (NYSE:WHR) opened at $159.82 on Friday. The firm has a market capitalization of $11,297.36, a price-to-earnings ratio of 11.60, a price-to-earnings-growth ratio of 0.86 and a beta of 1.84. Whirlpool Co. has a twelve month low of $156.37 and a twelve month high of $202.99. The company has a quick ratio of 0.58, a current ratio of 0.93 and a debt-to-equity ratio of 0.86.
Whirlpool (NYSE:WHR) last issued its earnings results on Wednesday, January 24th. The company reported $4.10 earnings per share for the quarter, beating the Zacks’ consensus estimate of $4.01 by $0.09. The firm had revenue of $5.70 billion for the quarter, compared to the consensus estimate of $5.88 billion. Whirlpool had a return on equity of 18.36% and a net margin of 1.65%. The company’s revenue was up .8% compared to the same quarter last year. During the same quarter last year, the business posted $4.33 EPS. equities research analysts expect that Whirlpool Co. will post 15.31 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 15th. Shareholders of record on Friday, March 2nd were issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.75%. The ex-dividend date was Thursday, March 1st. Whirlpool’s dividend payout ratio is presently 96.49%.
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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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