Evergreen Capital Management LLC Buys 2,621 Shares of Whirlpool Co. (NYSE:WHR)

Evergreen Capital Management LLC raised its position in shares of Whirlpool Co. (NYSE:WHR) by 5.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 48,882 shares of the company’s stock after acquiring an additional 2,621 shares during the period. Evergreen Capital Management LLC owned approximately 0.09% of Whirlpool worth $5,596,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in WHR. Savant Capital LLC grew 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 purchasing an additional 89 shares during the last quarter. Allworth Financial LP grew 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 buying an additional 98 shares during the last quarter. Westside Investment Management Inc. grew its stake in shares of Whirlpool by 4.5% during the third quarter. Westside Investment Management Inc. now owns 2,345 shares of the company’s stock valued at $251,000 after buying an additional 100 shares during the last quarter. Louisiana State Employees Retirement System lifted its stake in shares of Whirlpool by 0.7% during the 4th quarter. Louisiana State Employees Retirement System now owns 15,300 shares of the company’s stock worth $1,752,000 after acquiring an additional 100 shares during the last quarter. Finally, State of Michigan Retirement System boosted its holdings in Whirlpool by 0.8% during the 4th quarter. State of Michigan Retirement System now owns 13,100 shares of the company’s stock valued at $1,500,000 after acquiring an additional 100 shares during the period. Hedge funds and other institutional investors own 90.78% of the company’s stock.

Whirlpool Trading Down 2.7 %

Shares of NYSE WHR opened at $77.28 on Thursday. Whirlpool Co. has a twelve month low of $75.04 and a twelve month high of $135.49. The firm has a market cap of $4.28 billion, a PE ratio of -13.19 and a beta of 1.31. The business has a fifty day simple moving average of $93.18 and a two-hundred day simple moving average of $106.10. 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 (NYSE:WHR) last released its quarterly earnings data on Wednesday, January 29th. The company reported $4.57 earnings per share 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 in the prior year, the company earned $3.85 earnings per share. Analysts expect that Whirlpool Co. will post 9.52 earnings per share for the current fiscal year.

Whirlpool Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, June 15th. Investors of record on Friday, May 16th will be issued a dividend of $1.75 per share. This represents a $7.00 annualized dividend and a yield of 9.06%. The ex-dividend date is Friday, May 16th. Whirlpool’s payout ratio is -119.45%.

Analysts Set New Price Targets

A number of research firms have weighed in on WHR. StockNews.com upgraded Whirlpool from a “sell” rating to a “hold” rating in a research note on Tuesday, January 21st. The Goldman Sachs Group raised their price target on shares of Whirlpool from $125.00 to $138.00 and gave the stock a “buy” rating in a research note on Tuesday, January 14th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, Whirlpool presently has a consensus rating of “Hold” and an average price target 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.