Commonwealth Equity Services Inc increased its stake in shares of Whirlpool Co. (NYSE:WHR) by 5.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,285 shares of the company’s stock after purchasing an additional 317 shares during the period. Commonwealth Equity Services Inc’s holdings in Whirlpool were worth $1,159,000 as of its most recent SEC filing.
Several other institutional investors also recently made changes to their positions in WHR. Harris Associates L P grew its stake in shares of Whirlpool by 12.5% during the second quarter. Harris Associates L P now owns 2,180,839 shares of the company’s stock worth $417,892,000 after purchasing an additional 241,659 shares during the period. Ameriprise Financial Inc. grew its stake in shares of Whirlpool by 136.1% during the second quarter. Ameriprise Financial Inc. now owns 405,351 shares of the company’s stock worth $77,673,000 after purchasing an additional 233,661 shares during the period. Parametric Portfolio Associates LLC grew its stake in shares of Whirlpool by 83.4% during the second quarter. Parametric Portfolio Associates LLC now owns 294,996 shares of the company’s stock worth $56,527,000 after purchasing an additional 134,159 shares during the period. Diamond Hill Capital Management Inc. grew its stake in shares of Whirlpool by 7.1% during the third quarter. Diamond Hill Capital Management Inc. now owns 1,837,517 shares of the company’s stock worth $338,912,000 after purchasing an additional 122,189 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in shares of Whirlpool by 7.4% during the second quarter. Dimensional Fund Advisors LP now owns 1,141,492 shares of the company’s stock worth $218,713,000 after purchasing an additional 79,088 shares during the period. 92.73% of the stock is owned by institutional investors and hedge funds.
WHR has been the topic of several recent analyst reports. ValuEngine upgraded Whirlpool from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Royal Bank Of Canada reiterated a “buy” rating and set a $209.00 target price on shares of Whirlpool in a report on Tuesday, October 10th. MKM Partners set a $177.00 target price on Whirlpool and gave the stock a “hold” rating in a report on Friday, October 6th. Zacks Investment Research upgraded Whirlpool from a “sell” rating to a “hold” rating in a report on Thursday, October 5th. Finally, BidaskClub lowered Whirlpool from a “buy” rating to a “hold” rating in a report on Wednesday, August 2nd. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. Whirlpool has a consensus rating of “Hold” and a consensus price target of $184.67.
Whirlpool Co. (WHR) traded down $2.46 during mid-day trading on Monday, reaching $165.36. The company’s stock had a trading volume of 673,414 shares, compared to its average volume of 844,640. The company has a current ratio of 0.90, a quick ratio of 0.55 and a debt-to-equity ratio of 0.65. The company has a market capitalization of $12,060.00, a price-to-earnings ratio of 11.98, a PEG ratio of 1.69 and a beta of 1.87. Whirlpool Co. has a 52-week low of $158.80 and a 52-week high of $202.99.
Whirlpool (NYSE:WHR) last posted its earnings results on Monday, October 23rd. The company reported $3.83 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $3.90 by ($0.07). The business had revenue of $5.42 billion for the quarter, compared to the consensus estimate of $5.50 billion. Whirlpool had a return on equity of 23.35% and a net margin of 5.02%. The business’s revenue was up 3.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.66 earnings per share. sell-side analysts expect that Whirlpool Co. will post 13.7 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 17th will be issued a $1.10 dividend. The ex-dividend date is Thursday, November 16th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.66%. Whirlpool’s dividend payout ratio (DPR) is 41.51%.
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Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company’s segments include North America; Europe, Middle East and Africa (EMEA); Latin America, and Asia. In North America, the Company markets and distributes home appliances and small domestic appliances under a range of brand names.
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