Ieq Capital LLC Has $869,000 Stock Position in Whirlpool Co. (NYSE:WHR)

Ieq Capital LLC raised its holdings in Whirlpool Co. (NYSE:WHR - Free Report) by 85.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,587 shares of the company's stock after acquiring an additional 3,488 shares during the quarter. Ieq Capital LLC's holdings in Whirlpool were worth $869,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of WHR. Brown Lisle Cummings Inc. acquired a new stake in Whirlpool during the 4th quarter worth about $27,000. GAMMA Investing LLC raised its holdings in Whirlpool by 323.1% during the 4th quarter. GAMMA Investing LLC now owns 275 shares of the company's stock worth $31,000 after buying an additional 210 shares during the period. Bogart Wealth LLC raised its holdings in Whirlpool by 113.6% during the 4th quarter. Bogart Wealth LLC now owns 282 shares of the company's stock worth $32,000 after buying an additional 150 shares during the period. Legend Financial Advisors Inc. acquired a new stake in Whirlpool during the 4th quarter worth about $34,000. Finally, HHM Wealth Advisors LLC raised its holdings in Whirlpool by 216.0% during the 4th quarter. HHM Wealth Advisors LLC now owns 316 shares of the company's stock worth $36,000 after buying an additional 216 shares during the period. 90.78% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. The Goldman Sachs Group boosted their price objective 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 Whirlpool from a "sell" rating to a "hold" rating in a report on Tuesday, January 21st. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, Whirlpool has an average rating of "Hold" and a consensus price target of $106.00.

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Whirlpool Stock Down 0.8 %

Shares of WHR traded down $0.79 during trading hours on Friday, reaching $101.90. The company's stock had a trading volume of 974,418 shares, compared to its average volume of 1,100,498. The firm has a market cap of $5.64 billion, a price-to-earnings ratio of -17.39 and a beta of 1.43. 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 company has a 50 day moving average of $113.63 and a two-hundred day moving average of $108.75.

Whirlpool (NYSE:WHR - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The company reported $4.57 EPS for the quarter, topping analysts' consensus estimates 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 in the prior year, the company earned $3.85 EPS. As a group, research analysts predict that Whirlpool Co. will post 9.52 EPS for the current fiscal year.

Whirlpool Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, March 15th. Investors of record on Friday, February 28th will be issued a $1.75 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $7.00 dividend on an annualized basis and a yield of 6.87%. Whirlpool's dividend payout ratio is currently -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.