Gulf International Bank UK Ltd Cuts Stake in Whirlpool Co. (NYSE:WHR)

Gulf International Bank UK Ltd trimmed its holdings in shares of Whirlpool Co. (NYSE:WHR) by 1.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,745 shares of the company’s stock after selling 326 shares during the period. Gulf International Bank UK Ltd’s holdings in Whirlpool were worth $3,482,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the stock. NuWave Investment Management LLC acquired a new position in shares of Whirlpool in the 4th quarter worth approximately $101,000. Cerebellum GP LLC bought a new stake in Whirlpool during the 4th quarter worth approximately $128,000. Valeo Financial Advisors LLC boosted its position in Whirlpool by 49.9% in the 4th quarter. Valeo Financial Advisors LLC now owns 1,051 shares of the company’s stock valued at $177,000 after buying an additional 350 shares during the last quarter. Clear Perspective Advisors LLC boosted its position in Whirlpool by 74.6% in the 4th quarter. Clear Perspective Advisors LLC now owns 1,170 shares of the company’s stock valued at $197,000 after buying an additional 500 shares during the last quarter. Finally, Moors & Cabot Inc. bought a new position in Whirlpool in the 4th quarter valued at $211,000. 88.86% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Whirlpool traded up $4.41, reaching $155.47, on Thursday, MarketBeat reports. 1,890,503 shares of the company were exchanged, compared to its average volume of 1,295,987. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.90 and a quick ratio of 0.53. Whirlpool Co. has a one year low of $143.11 and a one year high of $200.61. The stock has a market capitalization of $10.67 billion, a PE ratio of 11.32, a price-to-earnings-growth ratio of 1.03 and a beta of 1.80.

Whirlpool (NYSE:WHR) last posted its quarterly earnings data on Monday, April 23rd. The company reported $2.81 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $2.96 by ($0.15). Whirlpool had a net margin of 1.36% and a return on equity of 19.07%. The firm had revenue of $4.91 billion during the quarter, compared to analysts’ expectations of $4.95 billion. During the same quarter last year, the business posted $2.50 EPS. The company’s quarterly revenue was up 2.6% on a year-over-year basis. analysts anticipate that Whirlpool Co. will post 15.3 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 15th. Investors of record on Friday, May 18th will be issued a $1.15 dividend. The ex-dividend date of this dividend is Thursday, May 17th. This is an increase from Whirlpool’s previous quarterly dividend of $1.10. This represents a $4.60 annualized dividend and a yield of 2.96%. Whirlpool’s dividend payout ratio (DPR) is 33.48%.

In related news, EVP Joseph T. Liotine sold 1,950 shares of the firm’s stock in a transaction that occurred on Monday, April 30th. The shares were sold at an average price of $155.85, for a total value of $303,907.50. Following the completion of the transaction, the executive vice president now directly owns 15,954 shares of the company’s stock, valued at approximately $2,486,430.90. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.83% of the stock is currently owned by company insiders.

Several analysts recently commented on WHR shares. Credit Suisse Group raised Whirlpool from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $170.00 to $195.00 in a research note on Monday, June 4th. ValuEngine downgraded Whirlpool from a “sell” rating to a “strong sell” rating in a research note on Saturday, June 2nd. JPMorgan Chase & Co. lowered their target price on Whirlpool from $210.00 to $180.00 and set an “overweight” rating on the stock in a research report on Friday, June 1st. MKM Partners boosted their price objective on Whirlpool to $179.00 and gave the stock a “neutral” rating in a report on Friday, April 27th. Finally, Zacks Investment Research upgraded shares of Whirlpool from a “sell” rating to a “hold” rating in a research report on Thursday, April 26th. Two analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $176.14.

Whirlpool Company Profile

Whirlpool Corporation manufactures and markets home appliances and related products. It operates through four segments: North America; Europe, Middle East and Africa; Latin America; and Asia. The company's principal products include laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers, and other small domestic appliances.

Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

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