Quinn Opportunity Partners LLC Invests $4.59 Million in Whirlpool Co. (NYSE:WHR)

Quinn Opportunity Partners LLC purchased a new stake in shares of Whirlpool Co. (NYSE:WHR - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 40,120 shares of the company's stock, valued at approximately $4,593,000. Quinn Opportunity Partners LLC owned approximately 0.07% of Whirlpool at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Private Advisor Group LLC grew its stake in shares of Whirlpool by 99.0% in the fourth quarter. Private Advisor Group LLC now owns 10,709 shares of the company's stock worth $1,226,000 after purchasing an additional 5,328 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of Whirlpool by 54.0% during the fourth quarter. Bank of New York Mellon Corp now owns 636,937 shares of the company's stock worth $72,917,000 after acquiring an additional 223,232 shares during the last quarter. Delta Financial Group Inc. bought a new stake in Whirlpool in the fourth quarter valued at approximately $343,000. First Dallas Securities Inc. raised its holdings in Whirlpool by 99.4% during the 4th quarter. First Dallas Securities Inc. now owns 8,125 shares of the company's stock worth $930,000 after purchasing an additional 4,050 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC increased its position in shares of Whirlpool by 1,188.2% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,805 shares of the company's stock worth $550,000 after buying an additional 4,432 shares during the period. Institutional investors own 90.78% of the company's stock.

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Whirlpool Stock Down 1.1 %

Shares of NYSE:WHR traded down $0.90 during trading on Tuesday, reaching $79.33. 1,050,851 shares of the stock were exchanged, compared to its average volume of 1,065,808. The stock has a fifty day moving average of $94.15 and a two-hundred day moving average of $106.49. Whirlpool Co. has a 1-year low of $75.04 and a 1-year high of $135.49. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.72 and a quick ratio of 0.44. The firm has a market cap of $4.39 billion, a price-to-earnings ratio of -13.54 and a beta of 1.31.

Whirlpool (NYSE:WHR - Get Free Report) last posted its earnings results on Wednesday, January 29th. The company reported $4.57 EPS for the quarter, topping the consensus estimate 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 quarter in the prior year, the firm earned $3.85 earnings per share. Research analysts anticipate that Whirlpool Co. will post 9.52 earnings per share for the current fiscal year.

Whirlpool Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Sunday, June 15th. Investors of record on Friday, May 16th will be given a $1.75 dividend. This represents a $7.00 dividend on an annualized basis and a yield of 8.82%. The ex-dividend date is Friday, May 16th. Whirlpool's payout ratio is currently -119.45%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. The Goldman Sachs Group increased their price target on Whirlpool from $125.00 to $138.00 and gave the stock a "buy" rating in a report on Tuesday, January 14th. StockNews.com raised shares of Whirlpool from a "sell" rating to a "hold" rating in a research report on Tuesday, January 21st. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock currently 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.