Atlas Capital Advisors Inc. raised its stake in Whirlpool Co. (NYSE:WHR – Free Report) by 17,622.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,785 shares of the company’s stock after purchasing an additional 4,758 shares during the quarter. Atlas Capital Advisors Inc.’s holdings in Whirlpool were worth $548,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors also recently modified their holdings of the stock. Savant Capital LLC raised its position in Whirlpool by 3.8% in the 4th quarter. Savant Capital LLC now owns 2,406 shares of the company’s stock valued at $275,000 after buying an additional 89 shares during the last quarter. Allworth Financial LP raised its holdings in shares of Whirlpool by 17.3% in the fourth quarter. Allworth Financial LP now owns 664 shares of the company’s stock valued at $76,000 after purchasing an additional 98 shares during the last quarter. Westside Investment Management Inc. boosted its holdings in 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 purchasing an additional 100 shares during the last quarter. Louisiana State Employees Retirement System increased 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 buying an additional 100 shares during the last quarter. Finally, State of Michigan Retirement System lifted its position in shares of Whirlpool by 0.8% during the 4th quarter. State of Michigan Retirement System now owns 13,100 shares of the company’s stock worth $1,500,000 after buying an additional 100 shares in the last quarter. Institutional investors own 90.78% of the company’s stock.
Wall Street Analysts Forecast Growth
WHR has been the subject of a number of research analyst reports. The Goldman Sachs Group increased their price target on 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 report on Tuesday, January 21st. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $106.00.
Whirlpool Trading Down 0.5 %
NYSE:WHR opened at $85.66 on Friday. Whirlpool Co. has a 12 month low of $79.70 and a 12 month high of $135.49. The company has a current ratio of 0.72, a quick ratio of 0.44 and a debt-to-equity ratio of 1.62. The firm’s 50 day moving average is $99.34 and its 200 day moving average is $107.70. The stock has a market capitalization of $4.74 billion, a PE ratio of -14.62 and a beta of 1.44.
Whirlpool (NYSE:WHR – Get Free Report) last issued its earnings results on Wednesday, January 29th. The company reported $4.57 earnings per share (EPS) for the quarter, beating the consensus estimate 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 earned $3.85 EPS. Sell-side analysts expect that Whirlpool Co. will post 9.52 earnings per share for the current year.
Whirlpool Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Saturday, March 15th. Stockholders of record on Friday, February 28th were paid a $1.75 dividend. The ex-dividend date was Friday, February 28th. This represents a $7.00 annualized dividend and a dividend yield of 8.17%. Whirlpool’s payout ratio is -119.45%.
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.
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