Whirlpool Co. (NYSE:WHR) Shares Sold by Meeder Asset Management Inc.

Meeder Asset Management Inc. decreased its holdings in shares of Whirlpool Co. (NYSE:WHR - Free Report) by 84.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,541 shares of the company's stock after selling 40,235 shares during the period. Meeder Asset Management Inc.'s holdings in Whirlpool were worth $863,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Savant Capital LLC increased its holdings in Whirlpool by 3.8% during the 4th quarter. Savant Capital LLC now owns 2,406 shares of the company's stock valued at $275,000 after acquiring an additional 89 shares in the last quarter. Allworth Financial LP boosted its stake in shares of Whirlpool by 17.3% during the fourth quarter. Allworth Financial LP now owns 664 shares of the company's stock valued at $76,000 after acquiring an additional 98 shares during the last quarter. Westside Investment Management Inc. increased its position in Whirlpool by 4.5% during the 3rd quarter. Westside Investment Management Inc. now owns 2,345 shares of the company's stock worth $251,000 after purchasing an additional 100 shares in the last quarter. Louisiana State Employees Retirement System raised its stake in Whirlpool by 0.7% in the 4th quarter. Louisiana State Employees Retirement System now owns 15,300 shares of the company's stock valued at $1,752,000 after purchasing an additional 100 shares during the last quarter. Finally, State of Michigan Retirement System lifted its holdings in Whirlpool by 0.8% in the 4th quarter. State of Michigan Retirement System now owns 13,100 shares of the company's stock valued at $1,500,000 after purchasing an additional 100 shares in the last quarter. Institutional investors and hedge funds own 90.78% of the company's stock.

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Whirlpool Stock Down 0.5 %

Shares of NYSE WHR traded down $0.50 on Wednesday, hitting $90.66. The company had a trading volume of 980,518 shares, compared to its average volume of 1,038,637. The firm has a market capitalization of $5.02 billion, a P/E ratio of -15.47 and a beta of 1.44. 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. The business has a 50 day moving average of $101.21 and a two-hundred day moving average of $107.95.

Whirlpool (NYSE:WHR - Get Free Report) last announced its earnings results on Wednesday, January 29th. The company reported $4.57 earnings per share (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 quarter last year, the business earned $3.85 EPS. As a group, equities research analysts forecast that Whirlpool Co. will post 9.52 earnings per share for the current fiscal 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 7.72%. The ex-dividend date of this dividend was Friday, February 28th. Whirlpool's dividend payout ratio (DPR) is presently -119.45%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on WHR shares. The Goldman Sachs Group boosted their price objective on shares of 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 Whirlpool from a "sell" rating to a "hold" rating in a research note 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 given a buy rating to the company's stock. According to data from MarketBeat.com, the company 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.