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

Ceera Investments LLC decreased its position in Whirlpool Co. (NYSE:WHR - Free Report) by 49.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,873 shares of the company's stock after selling 2,837 shares during the quarter. Ceera Investments LLC's holdings in Whirlpool were worth $329,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Savant Capital LLC raised its position in 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 during the period. Allworth Financial LP raised its position in Whirlpool by 17.3% in the fourth quarter. Allworth Financial LP now owns 664 shares of the company's stock valued at $76,000 after purchasing an additional 98 shares during the period. Westside Investment Management Inc. grew its stake in shares of Whirlpool by 4.5% in the third quarter. Westside Investment Management Inc. now owns 2,345 shares of the company's stock worth $251,000 after acquiring an additional 100 shares in the last quarter. Louisiana State Employees Retirement System grew its stake in shares of Whirlpool by 0.7% in the fourth 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 in the last quarter. Finally, State of Michigan Retirement System grew its stake in shares of Whirlpool by 0.8% in the fourth 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 in the last quarter. Hedge funds and other institutional investors own 90.78% of the company's stock.

Remove Ads

Whirlpool Stock Down 0.9 %

Shares of WHR stock traded down $0.87 on Wednesday, reaching $91.05. 954,384 shares of the stock were exchanged, compared to its average volume of 1,091,044. The company has a current ratio of 0.72, a quick ratio of 0.44 and a debt-to-equity ratio of 1.62. The business's 50 day moving average price is $110.12 and its 200 day moving average price is $108.62. The company has a market capitalization of $5.04 billion, a price-to-earnings ratio of -15.54 and a beta of 1.44. Whirlpool Co. has a twelve month low of $84.18 and a twelve month high of $135.49.

Whirlpool (NYSE:WHR - Get Free Report) last released its quarterly earnings data 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 period in the prior year, the firm earned $3.85 earnings per share. As a group, sell-side analysts expect that Whirlpool Co. will post 9.52 earnings per share for the current fiscal year.

Whirlpool Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, March 15th. Shareholders of record on Friday, February 28th will be paid a $1.75 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $7.00 annualized dividend and a yield of 7.69%. Whirlpool's dividend payout ratio is presently -119.45%.

Analyst Upgrades and Downgrades

Several research firms have commented on WHR. The Goldman Sachs Group boosted their price target 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 upgraded shares of Whirlpool from a "sell" rating to a "hold" rating in a research note on Tuesday, January 21st. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, Whirlpool has a consensus rating of "Hold" and an average target price of $106.00.

About Whirlpool

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.