Charles Schwab Investment Management Inc. Raises Holdings in Whirlpool Co. (NYSE:WHR)

Charles Schwab Investment Management Inc. lifted its holdings in Whirlpool Co. (NYSE:WHR - Free Report) by 4.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,118,013 shares of the company's stock after purchasing an additional 98,444 shares during the quarter. Charles Schwab Investment Management Inc. owned about 3.84% of Whirlpool worth $242,470,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Savant Capital LLC lifted its stake in Whirlpool by 3.8% during the 4th quarter. Savant Capital LLC now owns 2,406 shares of the company's stock valued at $275,000 after acquiring an additional 89 shares during the period. Allworth Financial LP grew its position in shares of Whirlpool by 17.3% during the 4th quarter. Allworth Financial LP now owns 664 shares of the company's stock valued at $76,000 after acquiring an additional 98 shares during the period. 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 valued at $251,000 after purchasing an additional 100 shares in the last quarter. Louisiana State Employees Retirement System boosted its position in Whirlpool by 0.7% during the fourth quarter. Louisiana State Employees Retirement System now owns 15,300 shares of the company's stock worth $1,752,000 after purchasing an additional 100 shares in the last quarter. Finally, State of Michigan Retirement System grew its holdings in Whirlpool by 0.8% in the fourth quarter. State of Michigan Retirement System now owns 13,100 shares of the company's stock valued at $1,500,000 after purchasing an additional 100 shares during the period. Institutional investors and hedge funds own 90.78% of the company's stock.

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Analyst Ratings Changes

WHR has been the subject of several research analyst reports. StockNews.com raised Whirlpool from a "sell" rating to a "hold" rating in a research note on Tuesday, January 21st. The Goldman Sachs Group raised their price objective on Whirlpool from $125.00 to $138.00 and gave the company a "buy" rating in a report on Tuesday, January 14th. Two 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. Based on data from MarketBeat, Whirlpool currently has an average rating of "Hold" and an average price target of $106.00.

Whirlpool Trading Down 0.2 %

NYSE:WHR traded down $0.19 on Monday, hitting $94.68. The stock had a trading volume of 753,742 shares, compared to its average volume of 1,089,663. The company has a fifty day moving average price of $111.42 and a two-hundred day moving average price of $108.84. Whirlpool Co. has a 1-year low of $84.18 and a 1-year high of $135.49. 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 stock has a market cap of $5.24 billion, a price-to-earnings ratio of -16.16 and a beta of 1.44.

Whirlpool (NYSE:WHR - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $4.57 earnings per share for the quarter, topping the consensus estimate of $4.26 by $0.31. Whirlpool had a positive return on equity of 21.89% and a negative net margin of 1.95%. During the same period last year, the business earned $3.85 earnings per share. Equities research analysts expect that Whirlpool Co. will post 9.52 earnings per share for the current fiscal year.

Whirlpool Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Saturday, March 15th. Stockholders of record on Friday, February 28th will be given a dividend of $1.75 per share. The ex-dividend date is Friday, February 28th. This represents a $7.00 annualized dividend and a dividend yield of 7.39%. Whirlpool's dividend payout ratio is currently -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.