US Bancorp DE Raises Stock Holdings in Whirlpool Co. (NYSE:WHR)

US Bancorp DE grew its position in shares of Whirlpool Co. (NYSE:WHR - Free Report) by 23.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,043 shares of the company's stock after purchasing an additional 4,555 shares during the quarter. US Bancorp DE's holdings in Whirlpool were worth $2,752,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Brown Lisle Cummings Inc. bought a new stake in Whirlpool in the fourth quarter worth $27,000. GAMMA Investing LLC increased its holdings in shares of Whirlpool by 323.1% in the fourth 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 stake in shares of Whirlpool by 113.6% in the 4th quarter. Bogart Wealth LLC now owns 282 shares of the company's stock valued at $32,000 after acquiring an additional 150 shares during the last quarter. Legend Financial Advisors Inc. bought a new stake in shares of Whirlpool in the 4th quarter valued at about $34,000. Finally, HHM Wealth Advisors LLC boosted its holdings in Whirlpool by 216.0% during the 4th quarter. HHM Wealth Advisors LLC now owns 316 shares of the company's stock valued at $36,000 after acquiring an additional 216 shares during the period. 90.78% of the stock is owned by hedge funds and other institutional investors.

Whirlpool Trading Down 0.2 %

NYSE WHR traded down $0.19 on Monday, hitting $94.68. The company's stock had a trading volume of 753,742 shares, compared to its average volume of 1,089,663. The firm has a market cap of $5.24 billion, a P/E ratio of -16.16 and a beta of 1.44. Whirlpool Co. has a 52-week low of $84.18 and a 52-week high of $135.49. The company's 50-day simple moving average is $111.42 and its 200 day simple moving average is $108.84. The company has a current ratio of 0.72, a quick ratio of 0.44 and a debt-to-equity ratio of 1.62.

Remove Ads

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

Whirlpool Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Saturday, March 15th. Investors of record on Friday, February 28th will be given a dividend of $1.75 per share. This represents a $7.00 annualized dividend and a dividend yield of 7.39%. The ex-dividend date is Friday, February 28th. Whirlpool's dividend payout ratio is currently -119.45%.

Analysts Set New Price Targets

WHR has been the subject of several recent research reports. The Goldman Sachs Group boosted their price objective on Whirlpool from $125.00 to $138.00 and gave the company a "buy" rating in a research report on Tuesday, January 14th. StockNews.com raised shares of Whirlpool from a "sell" rating to a "hold" rating in a research note on Tuesday, January 21st. Two investment 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 MarketBeat, the stock presently has an average rating of "Hold" and an average 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.