Schneider Capital Management Corp Purchases New Stake in Whirlpool Co. (WHR)

Schneider Capital Management Corp purchased a new position in shares of Whirlpool Co. (NYSE:WHR) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,000 shares of the company’s stock, valued at approximately $594,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Private Advisor Group LLC boosted its position in shares of Whirlpool by 47.0% during the second quarter. Private Advisor Group LLC now owns 3,029 shares of the company’s stock worth $445,000 after purchasing an additional 968 shares in the last quarter. Fairpointe Capital LLC lifted its position in Whirlpool by 8.5% in the 2nd quarter. Fairpointe Capital LLC now owns 673,541 shares of the company’s stock valued at $98,492,000 after acquiring an additional 52,684 shares in the last quarter. Toronto Dominion Bank lifted its position in Whirlpool by 19.0% in the 2nd quarter. Toronto Dominion Bank now owns 46,685 shares of the company’s stock valued at $6,826,000 after acquiring an additional 7,466 shares in the last quarter. Bank of Montreal Can bought a new stake in Whirlpool in the 2nd quarter valued at $9,368,000. Finally, Brandes Investment Partners LP lifted its position in Whirlpool by 59.7% in the 2nd quarter. Brandes Investment Partners LP now owns 18,339 shares of the company’s stock valued at $2,682,000 after acquiring an additional 6,858 shares in the last quarter. 93.91% of the stock is currently owned by institutional investors.

Several equities research analysts recently commented on the stock. MKM Partners set a $146.00 price objective on shares of Whirlpool and gave the company a “hold” rating in a research report on Tuesday, October 16th. Raymond James cut their price objective on shares of Whirlpool from $160.00 to $140.00 and set an “outperform” rating on the stock in a research report on Thursday, October 18th. Credit Suisse Group set a $125.00 price objective on shares of Whirlpool and gave the company a “buy” rating in a research report on Wednesday, October 17th. Zacks Investment Research raised shares of Whirlpool from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 25th. Finally, Royal Bank of Canada set a $111.00 price objective on shares of Whirlpool and gave the company a “hold” rating in a research report on Friday, October 26th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $144.88.

Shares of NYSE:WHR opened at $122.60 on Monday. The company has a current ratio of 0.87, a quick ratio of 0.58 and a debt-to-equity ratio of 1.44. Whirlpool Co. has a one year low of $102.13 and a one year high of $187.47. The stock has a market cap of $7.72 billion, a price-to-earnings ratio of 8.92, a price-to-earnings-growth ratio of 0.81 and a beta of 1.51.

Whirlpool (NYSE:WHR) last issued its quarterly earnings results on Wednesday, October 24th. The company reported $4.55 EPS for the quarter, topping the consensus estimate of $3.76 by $0.79. Whirlpool had a negative net margin of 2.95% and a positive return on equity of 23.93%. The firm had revenue of $5.33 billion for the quarter, compared to analysts’ expectations of $5.34 billion. During the same period in the previous year, the firm posted $3.83 EPS. The company’s revenue for the quarter was down 1.7% on a year-over-year basis. As a group, equities analysts forecast that Whirlpool Co. will post 14.59 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Saturday, December 15th. Shareholders of record on Friday, November 16th will be given a dividend of $1.15 per share. The ex-dividend date of this dividend is Thursday, November 15th. This represents a $4.60 annualized dividend and a yield of 3.75%. Whirlpool’s dividend payout ratio (DPR) is presently 33.48%.

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Whirlpool Profile

Whirlpool Corporation manufactures and markets home appliances and related products. It operates through four segments: North America; Europe, Middle East and Africa; Latin America; and Asia. The company's principal products include laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers, and other small domestic appliances.

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Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

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