Whirlpool Co. (NYSE:WHR) Shares Sold by Primecap Management Co. CA

Primecap Management Co. CA lessened its position in Whirlpool Co. (NYSE:WHR - Free Report) by 3.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,670,586 shares of the company's stock after selling 165,704 shares during the period. Primecap Management Co. CA owned about 8.47% of Whirlpool worth $534,689,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of WHR. Brown Lisle Cummings Inc. acquired a new position in Whirlpool during the fourth quarter worth approximately $27,000. SBI Securities Co. Ltd. purchased a new stake in Whirlpool during the 4th quarter worth $30,000. GAMMA Investing LLC boosted its position 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 boosted its holdings in Whirlpool by 113.6% in the 4th quarter. Bogart Wealth LLC now owns 282 shares of the company's stock worth $32,000 after acquiring an additional 150 shares during the period. Finally, Legend Financial Advisors Inc. acquired a new stake in Whirlpool in the fourth quarter valued at approximately $34,000. 90.78% of the stock is currently owned by institutional investors and hedge funds.

Whirlpool Stock Down 0.8 %

WHR traded down $0.75 during trading on Friday, hitting $93.41. The company had a trading volume of 1,175,188 shares, compared to its average volume of 1,030,532. The company has a market cap of $5.17 billion, a PE ratio of -15.94 and a beta of 1.44. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.72 and a quick ratio of 0.44. Whirlpool Co. has a 1-year low of $84.18 and a 1-year high of $135.49. The business has a 50-day moving average of $107.53 and a 200-day moving average of $108.18.

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Whirlpool (NYSE:WHR - Get Free Report) last issued its quarterly 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 previous year, the business earned $3.85 EPS. As a group, analysts forecast that Whirlpool Co. will post 9.52 earnings per share for the current year.

Whirlpool Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Saturday, March 15th. Investors of record on Friday, February 28th were paid a dividend of $1.75 per share. This represents a $7.00 annualized dividend and a yield of 7.49%. The ex-dividend date was Friday, February 28th. Whirlpool's dividend payout ratio (DPR) is presently -119.45%.

Analysts Set New Price Targets

WHR has been the subject of several analyst reports. The Goldman Sachs Group upped their target price on shares of Whirlpool from $125.00 to $138.00 and gave the company a "buy" rating in a research note 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 equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average 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.