Legal & General Group Plc decreased its holdings in Whirlpool Co. (NYSE:WHR - Free Report) by 2.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 120,369 shares of the company's stock after selling 3,169 shares during the quarter. Legal & General Group Plc owned about 0.22% of Whirlpool worth $13,780,000 as of its most recent filing with the SEC.
Several other institutional investors also recently made changes to their positions in WHR. Orion Portfolio Solutions LLC boosted its position in Whirlpool by 25.5% during the third quarter. Orion Portfolio Solutions LLC now owns 5,955 shares of the company's stock worth $637,000 after purchasing an additional 1,209 shares in the last quarter. MML Investors Services LLC increased its holdings in Whirlpool by 4.3% during the 3rd quarter. MML Investors Services LLC now owns 5,341 shares of the company's stock valued at $572,000 after acquiring an additional 222 shares in the last quarter. Geode Capital Management LLC raised its position in Whirlpool by 1.3% during the third quarter. Geode Capital Management LLC now owns 903,166 shares of the company's stock worth $96,664,000 after acquiring an additional 11,766 shares during the last quarter. Westside Investment Management Inc. grew its position 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 valued at $251,000 after purchasing an additional 100 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Whirlpool during the 3rd quarter worth approximately $252,000. 90.78% of the stock is currently owned by hedge funds and other institutional investors.
Whirlpool Stock Up 1.7 %
NYSE:WHR traded up $1.29 during mid-day trading on Friday, hitting $78.68. The company had a trading volume of 1,097,862 shares, compared to its average volume of 1,067,955. The company has a current ratio of 0.72, a quick ratio of 0.44 and a debt-to-equity ratio of 1.62. Whirlpool Co. has a 1 year low of $75.04 and a 1 year high of $135.49. The business has a fifty day simple moving average of $92.74 and a 200-day simple moving average of $105.91. The firm has a market capitalization of $4.36 billion, a price-to-earnings ratio of -13.43 and a beta of 1.31.
Whirlpool (NYSE:WHR - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The company reported $4.57 EPS for the quarter, beating 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 earnings per share. Equities analysts forecast that Whirlpool Co. will post 9.52 earnings per share for the current fiscal year.
Whirlpool Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Sunday, June 15th. Stockholders of record on Friday, May 16th will be given a $1.75 dividend. The ex-dividend date is Friday, May 16th. This represents a $7.00 dividend on an annualized basis and a dividend yield of 8.90%. Whirlpool's payout ratio is currently -119.45%.
Wall Street Analysts Forecast Growth
A number of research firms have recently weighed in on WHR. StockNews.com raised Whirlpool from a "sell" rating to a "hold" rating in a report on Tuesday, January 21st. The Goldman Sachs Group upped their price target on shares of Whirlpool from $125.00 to $138.00 and gave the stock a "buy" rating in a research report on Tuesday, January 14th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $106.00.
Get Our Latest Stock Analysis on Whirlpool
About Whirlpool
(
Free Report)
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.
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