5,410 Shares in Whirlpool Co. (NYSE:WHR) Bought by Optimize Financial Inc

Optimize Financial Inc bought a new stake in Whirlpool Co. (NYSE:WHR - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 5,410 shares of the company's stock, valued at approximately $619,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Captrust Financial Advisors raised 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 purchasing an additional 532 shares in the last quarter. Quantinno Capital Management LP bought a new stake in shares of Whirlpool during the 3rd quarter worth $449,000. State Street Corp boosted its stake in Whirlpool by 1.0% in the third quarter. State Street Corp now owns 1,650,386 shares of the company's stock valued at $176,591,000 after buying an additional 15,752 shares in the last quarter. National Bank of Canada FI boosted its stake in Whirlpool by 21.0% in the third 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 in the last quarter. Finally, Orion Portfolio Solutions LLC raised its stake 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 acquiring an additional 1,209 shares in the last quarter. 90.78% of the stock is currently owned by institutional investors and hedge funds.

Whirlpool Trading Up 1.7 %

Shares of NYSE:WHR traded up $1.29 during mid-day trading on Thursday, reaching $78.68. 1,097,862 shares of the company's stock were exchanged, compared to its average volume of 1,067,044. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.44 and a current ratio of 0.72. Whirlpool Co. has a twelve month low of $75.04 and a twelve month high of $135.49. The firm has a market capitalization of $4.36 billion, a price-to-earnings ratio of -13.43 and a beta of 1.31. The business's fifty day moving average price is $93.18 and its 200-day moving average price is $106.10.

Whirlpool (NYSE:WHR - Get Free Report) last issued 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 positive return on equity of 21.89% and a negative net margin of 1.95%. During the same period in the previous year, the business earned $3.85 earnings per share. On average, 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 Sunday, June 15th. Stockholders of record on Friday, May 16th will be given a dividend of $1.75 per share. This represents a $7.00 annualized dividend and a dividend yield of 8.90%. The ex-dividend date is Friday, May 16th. Whirlpool's dividend payout ratio (DPR) is presently -119.45%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on WHR shares. The Goldman Sachs Group lifted their price target on shares of Whirlpool from $125.00 to $138.00 and gave the company a "buy" rating in a 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 equities 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, the stock presently has a consensus rating of "Hold" and a consensus price target of $106.00.

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.