Edmond DE Rothschild Holding S.A. Reduces Stock Position in Whirlpool Co. (NYSE:WHR)

Edmond DE Rothschild Holding S.A. trimmed its holdings in Whirlpool Co. (NYSE:WHR - Free Report) by 10.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 125,000 shares of the company's stock after selling 15,000 shares during the period. Edmond DE Rothschild Holding S.A. owned about 0.23% of Whirlpool worth $14,310,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of the business. Bank of Montreal Can increased its stake in Whirlpool by 45.0% in the 3rd quarter. Bank of Montreal Can now owns 26,251 shares of the company's stock valued at $2,826,000 after buying an additional 8,150 shares during the last quarter. BNP Paribas Financial Markets grew its stake in Whirlpool by 43.4% in the third quarter. BNP Paribas Financial Markets now owns 29,383 shares of the company's stock valued at $3,144,000 after purchasing an additional 8,888 shares in the last quarter. CreativeOne Wealth LLC raised its stake in shares of Whirlpool by 103.7% during the 3rd quarter. CreativeOne Wealth LLC now owns 6,075 shares of the company's stock worth $650,000 after purchasing an additional 3,093 shares in the last quarter. Captrust Financial Advisors grew its stake in shares of Whirlpool by 17.7% in the third quarter. Captrust Financial Advisors now owns 3,536 shares of the company's stock valued at $378,000 after buying an additional 532 shares in the last quarter. Finally, Verition Fund Management LLC raised its position in Whirlpool by 648.2% during the third quarter. Verition Fund Management LLC now owns 112,141 shares of the company's stock worth $11,999,000 after acquiring an additional 97,152 shares in the last quarter. Institutional investors and hedge funds own 90.78% of the company's stock.

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Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on WHR shares. The Goldman Sachs Group lifted their target price on Whirlpool from $125.00 to $138.00 and gave the stock a "buy" rating in a report on Tuesday, January 14th. StockNews.com upgraded shares of Whirlpool from a "sell" rating to a "hold" rating in a research report on Tuesday, January 21st. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, Whirlpool currently has a consensus rating of "Hold" and an average target price of $106.00.

Whirlpool Stock Down 3.0 %

WHR traded down $2.61 during trading on Friday, hitting $83.51. 751,348 shares of the company's stock were exchanged, compared to its average volume of 1,045,785. The stock has a market cap of $4.63 billion, a P/E ratio of -14.21 and a beta of 1.44. The business's 50 day moving average is $100.27 and its two-hundred day moving average is $107.80. Whirlpool Co. has a fifty-two week low of $79.78 and a fifty-two week 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.

Whirlpool (NYSE:WHR - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The company reported $4.57 earnings per share 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 previous year, the business posted $3.85 EPS. As a group, equities analysts expect that Whirlpool Co. will post 9.52 earnings per share for the current fiscal year.

Whirlpool Dividend Announcement

The company 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. The ex-dividend date of this dividend was Friday, February 28th. This represents a $7.00 annualized dividend and a dividend yield of 8.38%. Whirlpool's payout ratio 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.