Annis Gardner Whiting Capital Advisors LLC Purchases 275 Shares of Whirlpool Co. (NYSE:WHR)

Annis Gardner Whiting Capital Advisors LLC boosted its stake in Whirlpool Co. (NYSE:WHR) by 39.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 969 shares of the company’s stock after purchasing an additional 275 shares during the quarter. Annis Gardner Whiting Capital Advisors LLC’s holdings in Whirlpool were worth $118,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Private Trust Co. NA grew its position in Whirlpool by 190.7% in the 4th quarter. Private Trust Co. NA now owns 282 shares of the company’s stock valued at $34,000 after acquiring an additional 185 shares during the last quarter. ORG Partners LLC acquired a new position in shares of Whirlpool during the fourth quarter valued at about $37,000. Sentry Investment Management LLC purchased a new position in shares of Whirlpool in the third quarter worth $39,000. NBC Securities Inc. purchased a new stake in Whirlpool during the 3rd quarter valued at about $40,000. Finally, Headlands Technologies LLC acquired a new position in shares of Whirlpool in the third quarter valued at about $52,000. Hedge funds and other institutional investors own 90.78% of the company’s stock.

Whirlpool Trading Down 2.2 %

Shares of Whirlpool stock traded down $1.95 on Thursday, reaching $86.75. The company had a trading volume of 1,076,817 shares, compared to its average volume of 1,347,573. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.58 and a current ratio of 0.95. The firm has a market cap of $4.74 billion, a PE ratio of 12.22 and a beta of 1.52. The firm’s 50 day moving average price is $104.04 and its two-hundred day moving average price is $109.54. Whirlpool Co. has a 52-week low of $86.06 and a 52-week high of $160.62.

Whirlpool (NYSE:WHR) last released its quarterly earnings results 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 business had revenue of $4.49 billion during the quarter, compared to analyst estimates of $4.42 billion. During the same period last year, the business posted $2.66 earnings per share. The company’s quarterly revenue was down 3.4% on a year-over-year basis. Sell-side analysts predict that Whirlpool Co. will post 12.37 earnings per share for the current fiscal year.

Whirlpool Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, June 15th. Investors of record on Friday, May 17th will be issued a $1.75 dividend. This represents a $7.00 dividend on an annualized basis and a dividend yield of 8.07%. The ex-dividend date is Thursday, May 16th. Whirlpool’s dividend payout ratio (DPR) is currently 96.42%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on WHR. Royal Bank of Canada decreased their price objective on Whirlpool from $85.00 to $79.00 and set an “underperform” rating for the company in a report on Friday, April 26th. Loop Capital assumed coverage on shares of Whirlpool in a research note on Thursday, February 22nd. They set a “buy” rating and a $140.00 target price for the company. Bank of America increased their target price on shares of Whirlpool from $63.00 to $75.00 in a research report on Friday, May 17th. TheStreet raised Whirlpool from a “d+” rating to a “c+” rating in a report on Monday, January 29th. Finally, JPMorgan Chase & Co. lowered their price objective on Whirlpool from $120.00 to $111.00 and set a “neutral” rating on the stock in a research note on Friday, February 2nd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, Whirlpool currently has an average rating of “Hold” and a consensus target price of $111.00.

Whirlpool Company Profile

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.