Private Advisor Group LLC Grows Holdings in Whirlpool Co. (NYSE:WHR)

Private Advisor Group LLC increased its holdings in shares of Whirlpool Co. (NYSE:WHR - Free Report) by 99.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,709 shares of the company's stock after purchasing an additional 5,328 shares during the period. Private Advisor Group LLC's holdings in Whirlpool were worth $1,226,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Brown Lisle Cummings Inc. acquired a new stake in shares of Whirlpool during the fourth quarter worth about $27,000. GAMMA Investing LLC raised its stake in Whirlpool by 323.1% during the 4th quarter. GAMMA Investing LLC now owns 275 shares of the company's stock valued at $31,000 after acquiring an additional 210 shares during the last quarter. Bogart Wealth LLC lifted its position in Whirlpool by 113.6% during 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. Legend Financial Advisors Inc. purchased a new position in shares of Whirlpool in the 4th quarter valued at approximately $34,000. Finally, HHM Wealth Advisors LLC increased its holdings in shares of Whirlpool by 216.0% in the fourth quarter. HHM Wealth Advisors LLC now owns 316 shares of the company's stock valued at $36,000 after purchasing an additional 216 shares during the period. 90.78% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

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Whirlpool Price Performance

Shares of Whirlpool stock traded down $3.34 during trading on Monday, reaching $98.45. The company's stock had a trading volume of 1,015,247 shares, compared to its average volume of 1,093,359. The business has a 50 day moving average price of $113.63 and a 200-day moving average price of $108.95. The company has a market capitalization of $5.45 billion, a P/E ratio of -16.80 and a beta of 1.43. 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.

Whirlpool (NYSE:WHR - Get Free Report) last issued 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 last year, the company posted $3.85 EPS. As a group, sell-side analysts anticipate that Whirlpool Co. will post 9.52 EPS for the current year.

Whirlpool Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Saturday, March 15th. Shareholders of record on Friday, February 28th will be issued a $1.75 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $7.00 dividend on an annualized basis and a yield of 7.11%. Whirlpool's dividend payout ratio (DPR) is presently -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.