Whirlpool Co. (NYSE:WHR) Shares Bought by Invesco Ltd.

Invesco Ltd. boosted its position in shares of Whirlpool Co. (NYSE:WHR - Free Report) by 1.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 214,704 shares of the company's stock after acquiring an additional 3,930 shares during the quarter. Invesco Ltd. owned 0.39% of Whirlpool worth $24,579,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in WHR. MML Investors Services LLC boosted its holdings in Whirlpool by 4.3% in the third quarter. MML Investors Services LLC now owns 5,341 shares of the company's stock valued at $572,000 after purchasing an additional 222 shares during the period. Westside Investment Management Inc. increased its stake in shares of Whirlpool by 4.5% during the third quarter. Westside Investment Management Inc. now owns 2,345 shares of the company's stock worth $251,000 after buying an additional 100 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in Whirlpool in the third quarter worth approximately $252,000. Tidal Investments LLC grew its holdings in Whirlpool by 4.2% during the 3rd quarter. Tidal Investments LLC now owns 3,151 shares of the company's stock worth $337,000 after acquiring an additional 128 shares in the last quarter. Finally, Synovus Financial Corp purchased a new stake in shares of Whirlpool in the 3rd quarter valued at approximately $644,000. Institutional investors and hedge funds own 90.78% of the company's stock.

Whirlpool Stock Performance

NYSE:WHR traded down $1.82 during midday trading on Monday, reaching $77.02. The stock had a trading volume of 1,199,607 shares, compared to its average volume of 1,068,711. Whirlpool Co. has a 12-month low of $75.04 and a 12-month high of $135.49. The stock has a market cap of $4.27 billion, a P/E ratio of -13.14 and a beta of 1.31. The company has a quick ratio of 0.44, a current ratio of 0.72 and a debt-to-equity ratio of 1.62. The firm has a fifty day simple moving average of $92.33 and a two-hundred day simple moving average of $105.72.

Whirlpool (NYSE:WHR - Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The company reported $4.57 earnings per share for the quarter, beating 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 firm posted $3.85 EPS. On average, equities analysts expect that Whirlpool Co. will post 9.52 EPS for the current year.

Whirlpool Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Sunday, June 15th. Stockholders of record on Friday, May 16th will be paid a dividend of $1.75 per share. This represents a $7.00 annualized dividend and a dividend yield of 9.09%. The ex-dividend date of this dividend is Friday, May 16th. Whirlpool's dividend payout ratio (DPR) is -119.45%.

Analyst Ratings Changes

WHR has been the topic of a number of analyst reports. The Goldman Sachs Group raised their price target on Whirlpool from $125.00 to $138.00 and gave the company a "buy" rating in a research note on Tuesday, January 14th. StockNews.com upgraded 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 assigned a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price 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.