DF Dent & Co. Inc. purchased a new stake in Whirlpool Co. (NYSE:WHR) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 2,166 shares of the company’s stock, valued at approximately $365,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. NuWave Investment Management LLC purchased a new stake in shares of Whirlpool in the fourth quarter valued at $101,000. Cerebellum GP LLC acquired a new position in Whirlpool in the fourth quarter valued at $128,000. Valeo Financial Advisors LLC acquired a new position in shares of Whirlpool during the third quarter worth about $129,000. Clear Perspective Advisors LLC lifted its stake in shares of 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 purchasing an additional 500 shares in the last quarter. Finally, Moors & Cabot Inc. acquired a new position in shares of Whirlpool during the fourth quarter worth about $211,000. 90.27% of the stock is owned by hedge funds and other institutional investors.
Several analysts recently weighed in on the company. 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 for the company in a report on Friday, January 26th. Bank of America set a $165.00 price objective on Whirlpool and gave the stock a “hold” rating in a research report on Monday. Goldman Sachs downgraded Whirlpool from a “neutral” rating to a “sell” rating in a research report on Wednesday, April 4th. Finally, Zacks Investment Research upgraded Whirlpool from a “sell” rating to a “hold” rating in a research report on Thursday, January 25th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $185.80.
Shares of NYSE WHR traded up $0.10 during mid-day trading on Thursday, hitting $149.03. The company had a trading volume of 528,840 shares, compared to its average volume of 948,891. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.58 and a current ratio of 0.93. Whirlpool Co. has a 12 month low of $145.59 and a 12 month high of $202.99. The stock has a market cap of $10,590.50, a PE ratio of 10.85, a PEG ratio of 1.05 and a beta of 1.84.
Whirlpool (NYSE:WHR) last posted its quarterly earnings results on Wednesday, January 24th. The company reported $4.10 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $4.01 by $0.09. The firm had revenue of $5.70 billion during the quarter, compared to analyst estimates of $5.88 billion. Whirlpool had a net margin of 1.65% and a return on equity of 18.36%. The company’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $4.33 earnings per share. research analysts forecast that Whirlpool Co. will post 15.13 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Thursday, March 15th. Investors 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 2.95%. The ex-dividend date was Thursday, March 1st. Whirlpool’s dividend payout ratio is currently 32.02%.
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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.
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