Kennedy Capital Management Inc. decreased its stake in Whirlpool Co. (NYSE:WHR) by 8.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,657 shares of the company’s stock after selling 1,928 shares during the quarter. Kennedy Capital Management Inc.’s holdings in Whirlpool were worth $3,315,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. NuWave Investment Management LLC purchased a new stake in shares of Whirlpool in the fourth quarter worth about $101,000. Valeo Financial Advisors LLC purchased a new stake in shares of Whirlpool in the third quarter worth about $129,000. Cerebellum GP LLC purchased a new stake in shares of Whirlpool in the fourth quarter worth about $128,000. Clear Perspective Advisors LLC boosted its stake in shares of Whirlpool by 74.6% in 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 during the last quarter. Finally, BKS Advisors LLC purchased a new stake in shares of Whirlpool in the third quarter worth about $217,000. Hedge funds and other institutional investors own 90.24% of the company’s stock.
WHR has been the topic of a number of recent research reports. ValuEngine upgraded Whirlpool from a “hold” rating to a “buy” rating in a research note on Tuesday, December 5th. KeyCorp restated an “equal weight” rating on shares of Whirlpool in a research note on Monday, January 29th. Zacks Investment Research raised Whirlpool from a “sell” rating to a “hold” rating in a report on Thursday, January 25th. Royal Bank of Canada upped their price target on Whirlpool to $200.00 and gave the stock an “in-line” rating in a report on Monday, January 29th. Finally, Raymond James Financial raised Whirlpool from a “market perform” rating to an “outperform” rating and set a $200.00 price target for the company in a report on Friday, January 26th. Seven equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Whirlpool presently has an average rating of “Hold” and a consensus target price of $189.40.
Whirlpool Co. (NYSE WHR) traded down $0.75 during midday trading on Tuesday, reaching $157.25. The company had a trading volume of 221,003 shares, compared to its average volume of 977,462. The firm has a market cap of $11,297.38, a PE ratio of 11.60, a price-to-earnings-growth ratio of 0.86 and a beta of 1.84. Whirlpool Co. has a 12 month low of $156.37 and a 12 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 released its quarterly earnings results on Wednesday, January 24th. The company reported $4.10 earnings per share for the quarter, topping analysts’ consensus estimates of $4.01 by $0.09. Whirlpool had a return on equity of 18.36% and a net margin of 1.65%. The company had revenue of $5.70 billion during the quarter, compared to analysts’ expectations of $5.88 billion. During the same quarter in the prior year, the firm posted $4.33 EPS. Whirlpool’s quarterly revenue was up .8% compared to the same quarter last year. equities analysts anticipate that Whirlpool Co. will post 15.31 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Thursday, March 15th. Shareholders of record on Friday, March 2nd were issued a dividend of $1.10 per share. The ex-dividend date was Thursday, March 1st. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.80%. Whirlpool’s payout ratio is currently 96.49%.
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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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