LSV Asset Management Sells 26,049 Shares of Whirlpool Co. (NYSE:WHR)

LSV Asset Management lowered its holdings in shares of Whirlpool Co. (NYSE:WHR - Free Report) by 1.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,384,211 shares of the company's stock after selling 26,049 shares during the period. LSV Asset Management owned about 2.51% of Whirlpool worth $158,464,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Captrust Financial Advisors boosted its position in Whirlpool by 17.7% during the third quarter. Captrust Financial Advisors now owns 3,536 shares of the company's stock valued at $378,000 after acquiring an additional 532 shares during the last quarter. IHT Wealth Management LLC bought a new position in shares of Whirlpool in the third quarter valued at approximately $224,000. Quantinno Capital Management LP purchased a new position in shares of Whirlpool during the third quarter valued at approximately $449,000. State Street Corp grew its holdings in Whirlpool by 1.0% during the third quarter. State Street Corp now owns 1,650,386 shares of the company's stock worth $176,591,000 after buying an additional 15,752 shares in the last quarter. Finally, National Bank of Canada FI raised its position in Whirlpool by 21.0% in the 3rd quarter. National Bank of Canada FI now owns 3,762 shares of the company's stock valued at $403,000 after buying an additional 653 shares during the last quarter. 90.78% of the stock is owned by institutional investors.

Whirlpool Stock Performance

Shares of NYSE:WHR traded down $1.23 during midday trading on Tuesday, reaching $78.99. 416,235 shares of the company traded hands, compared to its average volume of 1,063,344. The firm's fifty day moving average price is $94.15 and its two-hundred day moving average price is $106.49. The firm has a market capitalization of $4.37 billion, a price-to-earnings ratio of -13.48 and a beta of 1.31. 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 Co. has a 12 month low of $75.04 and a 12 month high of $135.49.

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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, 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 period last year, the company earned $3.85 earnings per share. On average, equities analysts expect that Whirlpool Co. will post 9.52 earnings per share for the current year.

Whirlpool Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Sunday, June 15th. Investors of record on Friday, May 16th will be paid a $1.75 dividend. This represents a $7.00 dividend on an annualized basis and a yield of 8.86%. Whirlpool's dividend payout ratio is presently -119.45%.

Analyst Ratings Changes

WHR has been the subject of several recent analyst reports. StockNews.com upgraded shares of Whirlpool from a "sell" rating to a "hold" rating in a research note on Tuesday, January 21st. The Goldman Sachs Group increased their price target on Whirlpool from $125.00 to $138.00 and gave the company a "buy" rating in a research report on Tuesday, January 14th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, Whirlpool has an average rating of "Hold" and a consensus target price of $106.00.

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.