Madison Investment Advisors LLC Invests $823,000 in Whirlpool Co. (NYSE:WHR)

Madison Investment Advisors LLC acquired a new position in shares of Whirlpool Co. (NYSE:WHR - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 7,190 shares of the company's stock, valued at approximately $823,000.

Other institutional investors also recently modified their holdings of the company. Brown Lisle Cummings Inc. bought a new position in shares of Whirlpool during the 4th quarter worth approximately $27,000. SBI Securities Co. Ltd. bought a new position in shares of Whirlpool during the 4th quarter worth approximately $30,000. GAMMA Investing LLC lifted its position in shares of 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 lifted its position in shares of 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. Finally, Legend Financial Advisors Inc. bought a new position in shares of Whirlpool during the 4th quarter worth approximately $34,000. Institutional investors and hedge funds own 90.78% of the company's stock.

Wall Street Analyst Weigh In

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

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Whirlpool Price Performance

WHR traded up $1.40 during trading on Wednesday, hitting $94.61. The company's stock had a trading volume of 605,350 shares, compared to its average volume of 1,031,094. The firm's 50 day moving average price is $108.29 and its two-hundred day moving average price is $108.38. 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 $84.18 and a 12 month high of $135.49. The stock has a market capitalization of $5.24 billion, a price-to-earnings ratio of -16.15 and a beta of 1.44.

Whirlpool (NYSE:WHR - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $4.57 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business posted $3.85 earnings per share. Sell-side analysts forecast 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. Stockholders of record on Friday, February 28th were given a dividend of $1.75 per share. The ex-dividend date was Friday, February 28th. This represents a $7.00 dividend on an annualized basis and a dividend yield of 7.40%. Whirlpool's payout ratio is currently -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.