Whirlpool Co. (NYSE:WHR) Holdings Decreased by California Public Employees Retirement System

California Public Employees Retirement System decreased its holdings in Whirlpool Co. (NYSE:WHR - Free Report) by 8.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 84,361 shares of the company's stock after selling 8,262 shares during the quarter. California Public Employees Retirement System owned approximately 0.15% of Whirlpool worth $9,658,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of WHR. Brown Lisle Cummings Inc. acquired a new position in Whirlpool during the 4th quarter worth $27,000. SBI Securities Co. Ltd. bought a new position in shares of Whirlpool during the fourth quarter worth about $30,000. GAMMA Investing LLC grew its stake in Whirlpool by 323.1% in the fourth quarter. GAMMA Investing LLC now owns 275 shares of the company's stock worth $31,000 after purchasing an additional 210 shares in the last quarter. Bogart Wealth LLC increased its holdings in Whirlpool by 113.6% in the fourth quarter. Bogart Wealth LLC now owns 282 shares of the company's stock valued at $32,000 after buying an additional 150 shares during the last quarter. Finally, Legend Financial Advisors Inc. acquired a new stake in Whirlpool during the fourth quarter valued at approximately $34,000. Hedge funds and other institutional investors own 90.78% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on WHR. The Goldman Sachs Group upped their price target on Whirlpool from $125.00 to $138.00 and gave the company a "buy" rating in a research report on Tuesday, January 14th. StockNews.com raised shares of Whirlpool from a "sell" rating to a "hold" rating in a report on Tuesday, January 21st. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $106.00.

Remove Ads

Whirlpool Stock Performance

NYSE:WHR traded up $0.28 during midday trading on Friday, reaching $81.23. 1,176,548 shares of the company traded hands, compared to its average volume of 1,065,052. The firm has a market capitalization of $4.50 billion, a price-to-earnings ratio of -13.86 and a beta of 1.31. The company has a fifty day moving average price of $94.60 and a 200 day moving average price of $106.68. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.72 and a quick ratio of 0.44. Whirlpool Co. has a twelve month low of $75.04 and a twelve month high of $135.49.

Whirlpool (NYSE:WHR - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The company reported $4.57 earnings per share (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 quarter in the prior year, the business earned $3.85 earnings per share. On average, analysts expect that Whirlpool Co. will post 9.52 EPS for the current fiscal year.

Whirlpool Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Saturday, March 15th. Stockholders of record on Friday, February 28th were issued a dividend of $1.75 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $7.00 dividend on an annualized basis and a dividend yield of 8.62%. Whirlpool's dividend payout ratio (DPR) is presently -119.45%.

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.