Investment House LLC Has $396,000 Stake in Whirlpool Co. (NYSE:WHR)

Investment House LLC boosted its position in Whirlpool Co. (NYSE:WHR) by 12.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,254 shares of the company’s stock after purchasing an additional 350 shares during the period. Investment House LLC’s holdings in Whirlpool were worth $396,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of WHR. Paradigm Financial Partners LLC lifted its stake in shares of Whirlpool by 3.5% in the fourth quarter. Paradigm Financial Partners LLC now owns 3,830 shares of the company’s stock worth $466,000 after acquiring an additional 130 shares during the period. Principle Wealth Partners LLC lifted its position in shares of Whirlpool by 48.2% in the 4th quarter. Principle Wealth Partners LLC now owns 2,245 shares of the company’s stock worth $273,000 after purchasing an additional 730 shares during the period. Opinicus Capital Inc. bought a new stake in shares of Whirlpool in the 4th quarter valued at $367,000. Headlands Technologies LLC increased its position in shares of Whirlpool by 100.8% during the fourth quarter. Headlands Technologies LLC now owns 781 shares of the company’s stock worth $95,000 after buying an additional 392 shares during the period. Finally, Semanteon Capital Management LP bought a new position in Whirlpool during the fourth quarter worth $521,000. 90.78% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on WHR. Loop Capital initiated coverage on Whirlpool in a report on Thursday, February 22nd. They set a “buy” rating and a $140.00 price target for the company. TheStreet upgraded Whirlpool from a “d+” rating to a “c+” rating in a report on Monday, January 29th. StockNews.com cut Whirlpool from a “buy” rating to a “hold” rating in a report on Friday. JPMorgan Chase & Co. reduced their price target on shares of Whirlpool from $120.00 to $111.00 and set a “neutral” rating for the company in a report on Friday, February 2nd. Finally, Royal Bank of Canada decreased their price target on shares of Whirlpool from $85.00 to $79.00 and set an “underperform” rating for the company in a research note on Friday. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $113.40.

Whirlpool Trading Down 0.8 %

NYSE:WHR opened at $96.15 on Tuesday. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.95 and a quick ratio of 0.58. Whirlpool Co. has a one year low of $91.90 and a one year high of $160.62. The company has a market cap of $5.25 billion, a PE ratio of 13.34 and a beta of 1.48. The firm has a 50-day moving average of $108.92 and a 200-day moving average of $112.38.

Whirlpool (NYSE:WHR) last issued its quarterly earnings data on Wednesday, April 24th. The company reported $1.78 EPS for the quarter, topping the consensus estimate of $1.61 by $0.17. Whirlpool had a return on equity of 35.16% and a net margin of 2.07%. The firm had revenue of $4.49 billion during the quarter, compared to the consensus estimate of $4.42 billion. During the same period in the prior year, the business posted $2.66 earnings per share. The company’s quarterly revenue was down 3.4% compared to the same quarter last year. As a group, equities research analysts expect that Whirlpool Co. will post 13.3 EPS for the current fiscal year.

Whirlpool Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, June 15th. Shareholders of record on Friday, May 17th will be given a $1.75 dividend. This represents a $7.00 dividend on an annualized basis and a yield of 7.28%. The ex-dividend date of this dividend is Thursday, May 16th. Whirlpool’s payout ratio is 96.42%.

About Whirlpool

Whirlpool Corporation manufactures and markets home appliances and related products and services in the North America, Europe, the Middle East, Africa, Latin America, and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances, and commercial laundry products and related laundry accessories; cooking and other small domestic appliances; and dishwasher appliances and related accessories, as well as mixers.