CANADA LIFE ASSURANCE Co Boosts Stake in Whirlpool Co. (NYSE:WHR)

CANADA LIFE ASSURANCE Co boosted its holdings in shares of Whirlpool Co. (NYSE:WHR - Free Report) by 9.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,666 shares of the company's stock after acquiring an additional 3,901 shares during the period. CANADA LIFE ASSURANCE Co owned 0.08% of Whirlpool worth $5,228,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Savant Capital LLC grew its position in shares of Whirlpool by 3.8% in the fourth quarter. Savant Capital LLC now owns 2,406 shares of the company's stock valued at $275,000 after purchasing an additional 89 shares in the last quarter. Allworth Financial LP grew its holdings in Whirlpool by 17.3% in the 4th quarter. Allworth Financial LP now owns 664 shares of the company's stock valued at $76,000 after buying an additional 98 shares in the last quarter. Westside Investment Management Inc. increased its stake in shares of Whirlpool by 4.5% in the 3rd quarter. Westside Investment Management Inc. now owns 2,345 shares of the company's stock worth $251,000 after acquiring an additional 100 shares during the last quarter. Louisiana State Employees Retirement System raised its holdings in shares of Whirlpool by 0.7% during the 4th quarter. Louisiana State Employees Retirement System now owns 15,300 shares of the company's stock worth $1,752,000 after acquiring an additional 100 shares during the period. Finally, State of Michigan Retirement System raised its holdings in shares of Whirlpool by 0.8% during the 4th quarter. State of Michigan Retirement System now owns 13,100 shares of the company's stock worth $1,500,000 after acquiring an additional 100 shares during the period. Institutional investors and hedge funds own 90.78% of the company's stock.

Whirlpool Trading Up 0.7 %

NYSE WHR opened at $77.83 on Thursday. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.72 and a quick ratio of 0.44. The stock has a market capitalization of $4.31 billion, a P/E ratio of -13.28 and a beta of 1.31. The firm's 50-day moving average is $90.88 and its two-hundred day moving average is $105.15. 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 issued its quarterly earnings data on Wednesday, April 23rd. The company reported $1.70 EPS for the quarter, missing the consensus estimate of $1.76 by ($0.06). Whirlpool had a positive return on equity of 21.89% and a negative net margin of 1.95%. The company had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.67 billion. During the same quarter in the prior year, the company posted $1.78 earnings per share. On average, sell-side analysts anticipate that Whirlpool Co. will post 9.52 earnings per share for the current year.

Whirlpool Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, June 15th. Stockholders of record on Friday, May 16th will be paid a $1.75 dividend. The ex-dividend date is Friday, May 16th. This represents a $7.00 dividend on an annualized basis and a dividend yield of 8.99%. Whirlpool's payout ratio is presently -119.45%.

Analyst Ratings Changes

Several research firms recently issued reports on WHR. The Goldman Sachs Group raised their price objective on shares of Whirlpool from $125.00 to $138.00 and gave the stock 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 research report on Tuesday, January 21st. Two equities research 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.com, the company has a consensus rating of "Hold" and a consensus price target of $106.00.

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.

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