Raymond James Financial Inc. bought a new position in Whirlpool Co. (NYSE:WHR - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 303,280 shares of the company's stock, valued at approximately $34,719,000. Raymond James Financial Inc. owned about 0.55% of Whirlpool as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also recently bought and sold shares of WHR. Private Advisor Group LLC boosted its holdings in shares of Whirlpool by 99.0% during the fourth quarter. Private Advisor Group LLC now owns 10,709 shares of the company's stock valued at $1,226,000 after acquiring an additional 5,328 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Whirlpool by 54.0% during the 4th quarter. Bank of New York Mellon Corp now owns 636,937 shares of the company's stock worth $72,917,000 after acquiring an additional 223,232 shares in the last quarter. Delta Financial Group Inc. acquired a new stake in Whirlpool during the 4th quarter worth about $343,000. First Dallas Securities Inc. lifted its position in shares of Whirlpool by 99.4% in the 4th quarter. First Dallas Securities Inc. now owns 8,125 shares of the company's stock valued at $930,000 after acquiring an additional 4,050 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC grew its holdings in shares of Whirlpool by 1,188.2% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,805 shares of the company's stock valued at $550,000 after buying an additional 4,432 shares in the last quarter. Institutional investors and hedge funds own 90.78% of the company's stock.
Wall Street Analyst Weigh In
Several analysts recently issued reports on WHR shares. StockNews.com upgraded Whirlpool from a "sell" rating to a "hold" rating in a report on Tuesday, January 21st. The Goldman Sachs Group upped their price target on shares of Whirlpool from $125.00 to $138.00 and gave the company a "buy" rating in a report on Tuesday, January 14th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $106.00.
View Our Latest Stock Analysis on Whirlpool
Whirlpool Price Performance
NYSE:WHR traded up $0.67 during mid-day trading on Tuesday, reaching $77.71. 98,084 shares of the company were exchanged, compared to its average volume of 1,125,661. The stock has a market cap of $4.30 billion, a PE ratio of -13.26 and a beta of 1.31. The company has a quick ratio of 0.44, a current ratio of 0.72 and a debt-to-equity ratio of 1.62. The company has a fifty day moving average of $91.90 and a 200 day moving average of $105.53. Whirlpool Co. has a 12 month low of $75.03 and a 12 month high of $135.49.
Whirlpool (NYSE:WHR - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The company reported $4.57 EPS for the quarter, beating the consensus estimate of $4.26 by $0.31. Whirlpool had a negative net margin of 1.95% and a positive return on equity of 21.89%. During the same period in the previous year, the company posted $3.85 EPS. On average, research analysts anticipate that Whirlpool Co. will post 9.52 EPS for the current fiscal year.
Whirlpool Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Sunday, June 15th. Shareholders of record on Friday, May 16th will be given a dividend of $1.75 per share. This represents a $7.00 dividend on an annualized basis and a yield of 9.01%. The ex-dividend date is Friday, May 16th. Whirlpool's dividend payout ratio (DPR) is currently -119.45%.
About Whirlpool
(
Free Report)
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.
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