Congress Wealth Management LLC DE Has $950,000 Holdings in Whirlpool Co. (NYSE:WHR)

Congress Wealth Management LLC DE lowered its holdings in shares of Whirlpool Co. (NYSE:WHR - Free Report) by 57.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,295 shares of the company's stock after selling 11,280 shares during the period. Congress Wealth Management LLC DE's holdings in Whirlpool were worth $950,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in WHR. Vanguard Group Inc. raised its holdings in Whirlpool by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 5,536,118 shares of the company's stock worth $633,775,000 after purchasing an additional 33,326 shares in the last quarter. Napatree Capital LLC lifted its holdings in shares of Whirlpool by 40.9% in the fourth quarter. Napatree Capital LLC now owns 2,742 shares of the company's stock valued at $314,000 after buying an additional 796 shares during the period. Fox Run Management L.L.C. bought a new position in Whirlpool during the fourth quarter valued at about $408,000. KLP Kapitalforvaltning AS acquired a new position in Whirlpool during the fourth quarter worth about $1,294,000. Finally, Truffle Hound Capital LLC bought a new stake in Whirlpool in the fourth quarter worth about $4,579,000. Institutional investors and hedge funds own 90.78% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. The Goldman Sachs Group raised their price objective on Whirlpool from $125.00 to $138.00 and gave the stock a "buy" rating in a research note on Tuesday, January 14th. StockNews.com raised 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 issued a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $106.00.

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Whirlpool Stock Up 0.5 %

NYSE WHR traded up $0.42 during trading on Monday, reaching $89.93. 328,981 shares of the company's stock were exchanged, compared to its average volume of 1,040,758. The firm has a market capitalization of $4.98 billion, a PE ratio of -15.34 and a beta of 1.44. Whirlpool Co. has a fifty-two week low of $84.18 and a fifty-two week high of $135.49. 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 company's fifty day simple moving average is $103.65 and its 200-day simple moving average is $108.15.

Whirlpool (NYSE:WHR - Get Free Report) last issued its earnings results on Wednesday, January 29th. The company reported $4.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 last year, the company posted $3.85 earnings per share. Sell-side analysts predict that Whirlpool Co. will post 9.52 EPS for the current year.

Whirlpool Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Saturday, March 15th. Shareholders of record on Friday, February 28th were paid a $1.75 dividend. This represents a $7.00 dividend on an annualized basis and a yield of 7.78%. The ex-dividend date of this dividend was Friday, February 28th. Whirlpool's dividend payout ratio (DPR) is presently -119.45%.

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.