Whirlpool Co. (NYSE:WHR) Shares Sold by Arnhold LLC

Arnhold LLC trimmed its holdings in Whirlpool Co. (NYSE:WHR - Free Report) by 7.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 90,539 shares of the company's stock after selling 7,487 shares during the quarter. Arnhold LLC owned 0.16% of Whirlpool worth $10,365,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in WHR. Brown Lisle Cummings Inc. purchased a new position in Whirlpool during the fourth quarter worth approximately $27,000. SBI Securities Co. Ltd. purchased a new position in shares of Whirlpool in the fourth quarter valued at approximately $30,000. GAMMA Investing LLC boosted its stake in Whirlpool by 323.1% during the 4th quarter. GAMMA Investing LLC now owns 275 shares of the company's stock worth $31,000 after purchasing an additional 210 shares during the last quarter. Nemes Rush Group LLC raised its position in shares of Whirlpool by 79.1% in the fourth quarter. Nemes Rush Group LLC now owns 274 shares of the company's stock valued at $31,000 after buying an additional 121 shares during the last quarter. Finally, Bogart Wealth LLC lifted its stake in shares of Whirlpool by 113.6% in the fourth quarter. Bogart Wealth LLC now owns 282 shares of the company's stock worth $32,000 after buying an additional 150 shares in the last quarter. 90.78% of the stock is owned by institutional investors and hedge funds.

Whirlpool Trading Down 2.0 %

Shares of Whirlpool stock traded down $1.55 on Friday, reaching $77.42. The company had a trading volume of 1,583,351 shares, compared to its average volume of 1,050,698. The firm has a market cap of $4.29 billion, a PE ratio of -13.21 and a beta of 1.31. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.44 and a current ratio of 0.72. Whirlpool Co. has a 52-week low of $75.03 and a 52-week high of $135.49. The firm's 50 day moving average price is $89.83 and its two-hundred day moving average price is $104.81.

Whirlpool (NYSE:WHR - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The company reported $1.70 EPS for the quarter, missing analysts' consensus estimates of $1.76 by ($0.06). Whirlpool had a negative net margin of 1.95% and a positive return on equity of 21.89%. The firm had revenue of $3.62 billion for the quarter, compared to analysts' expectations of $3.67 billion. During the same quarter last year, the business earned $1.78 earnings per share. Sell-side analysts predict that Whirlpool Co. will post 9.52 earnings per share for the current fiscal year.

Whirlpool Announces Dividend

The business 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 $1.75 dividend. This represents a $7.00 dividend on an annualized basis and a yield of 9.04%. The ex-dividend date of this dividend is Friday, May 16th. Whirlpool's dividend payout ratio is currently 5,000.00%.

Analysts Set New Price Targets

WHR has been the topic of a number of research reports. The Goldman Sachs Group raised their target price on shares of Whirlpool from $125.00 to $138.00 and gave the stock a "buy" rating in a research note on Tuesday, January 14th. StockNews.com downgraded Whirlpool from a "hold" rating to a "sell" rating in a research note on Friday. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $106.00.

Whirlpool 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.