Whirlpool Co. (NYSE:WHR) Shares Sold by Stifel Financial Corp

Stifel Financial Corp reduced its stake in Whirlpool Co. (NYSE:WHR - Free Report) by 3.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 425,838 shares of the company's stock after selling 14,337 shares during the period. Stifel Financial Corp owned approximately 0.77% of Whirlpool worth $48,750,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Brown Lisle Cummings Inc. acquired a new stake in Whirlpool during the 4th quarter valued at $27,000. SBI Securities Co. Ltd. purchased a new stake in shares of Whirlpool during the fourth quarter worth about $30,000. Nemes Rush Group LLC lifted its stake in shares of Whirlpool by 79.1% in the fourth quarter. Nemes Rush Group LLC now owns 274 shares of the company's stock worth $31,000 after acquiring an additional 121 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Whirlpool by 323.1% in the fourth quarter. GAMMA Investing LLC now owns 275 shares of the company's stock valued at $31,000 after purchasing an additional 210 shares during the last quarter. Finally, Bogart Wealth LLC grew its stake in Whirlpool by 113.6% during the 4th quarter. Bogart Wealth LLC now owns 282 shares of the company's stock valued at $32,000 after purchasing an additional 150 shares in the last quarter. 90.78% of the stock is owned by hedge funds and other institutional investors.

Whirlpool Stock Performance

NYSE:WHR traded down $1.55 during trading hours on Friday, reaching $77.42. 1,583,351 shares of the stock were exchanged, compared to its average volume of 1,050,698. The stock has a market capitalization of $4.29 billion, a P/E ratio of -13.21 and a beta of 1.31. The firm has a 50 day simple moving average of $89.83 and a 200-day simple moving average of $104.80. 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 52 week low of $75.03 and a 52 week high of $135.49.

Whirlpool (NYSE:WHR - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The company reported $1.70 earnings per share for the quarter, missing analysts' consensus estimates of $1.76 by ($0.06). Whirlpool had a positive return on equity of 21.89% and a negative net margin of 1.95%. The business had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.67 billion. During the same period last year, the company posted $1.78 earnings per share. As a group, sell-side analysts forecast that Whirlpool Co. will post 9.52 earnings per share for the current fiscal year.

Whirlpool Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Sunday, June 15th. Shareholders of record on Friday, May 16th will be given a $1.75 dividend. This represents a $7.00 annualized dividend and a yield of 9.04%. The ex-dividend date is Friday, May 16th. Whirlpool's dividend payout ratio is presently 5,000.00%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. StockNews.com lowered Whirlpool from a "hold" rating to a "sell" rating in a research report on Friday. The Goldman Sachs Group upped their price target on shares of Whirlpool from $125.00 to $138.00 and gave the company a "buy" rating in a report on Tuesday, January 14th. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $106.00.

About Whirlpool

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.