Harvest Investment Advisors LLC Has $1.27 Million Holdings in Whirlpool Corporation (NYSE:WHR)

Harvest Investment Advisors LLC raised its position in shares of Whirlpool Corporation (NYSE:WHRFree Report) by 23.2% in the first quarter, HoldingsChannel reports. The fund owned 14,097 shares of the company’s stock after acquiring an additional 2,655 shares during the period. Harvest Investment Advisors LLC’s holdings in Whirlpool were worth $1,271,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Charles Schwab Investment Management Inc. raised its position in shares of Whirlpool by 5.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 2,235,977 shares of the company’s stock valued at $201,529,000 after buying an additional 117,964 shares in the last quarter. FMR LLC raised its position in shares of Whirlpool by 57.3% in the fourth quarter. FMR LLC now owns 1,808,744 shares of the company’s stock valued at $207,065,000 after buying an additional 659,014 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Whirlpool by 19.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,373,215 shares of the company’s stock valued at $157,205,000 after buying an additional 224,990 shares in the last quarter. Nuveen Asset Management LLC raised its position in shares of Whirlpool by 19.8% in the fourth quarter. Nuveen Asset Management LLC now owns 1,208,741 shares of the company’s stock valued at $138,377,000 after buying an additional 199,663 shares in the last quarter. Finally, Marshall Wace LLP raised its position in shares of Whirlpool by 6.4% in the fourth quarter. Marshall Wace LLP now owns 575,703 shares of the company’s stock valued at $65,906,000 after buying an additional 34,649 shares in the last quarter. 90.78% of the stock is currently owned by institutional investors and hedge funds.

Whirlpool Stock Performance

Shares of WHR opened at $83.62 on Friday. The company has a debt-to-equity ratio of 2.39, a current ratio of 0.85 and a quick ratio of 0.46. The stock has a 50-day moving average of $93.81 and a 200-day moving average of $92.06. The company has a market cap of $4.67 billion, a PE ratio of -31.55 and a beta of 1.17. Whirlpool Corporation has a one year low of $73.72 and a one year high of $135.49.

Whirlpool (NYSE:WHRGet Free Report) last released its quarterly earnings data on Monday, July 28th. The company reported $1.34 earnings per share for the quarter, missing the consensus estimate of $1.54 by ($0.20). Whirlpool had a positive return on equity of 20.81% and a negative net margin of 0.95%. The business had revenue of $3.77 billion for the quarter, compared to analyst estimates of $3.88 billion. During the same quarter in the previous year, the company posted $2.39 EPS. The business’s quarterly revenue was down 5.4% on a year-over-year basis. On average, equities research analysts predict that Whirlpool Corporation will post 9.52 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have commented on WHR. JPMorgan Chase & Co. lowered their price objective on shares of Whirlpool from $109.00 to $89.00 and set a “neutral” rating for the company in a research report on Monday, April 28th. Wall Street Zen downgraded shares of Whirlpool from a “hold” rating to a “sell” rating in a research report on Saturday, July 26th. Loop Capital restated a “hold” rating and set a $88.00 price objective on shares of Whirlpool in a research report on Monday, August 4th. Longbow Research raised shares of Whirlpool from a “neutral” rating to a “buy” rating and set a $145.00 target price on the stock in a research note on Monday, June 30th. Finally, Royal Bank Of Canada decreased their target price on shares of Whirlpool from $65.00 to $63.00 and set an “underperform” rating on the stock in a research note on Wednesday, July 30th. Three analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, Whirlpool currently has a consensus rating of “Hold” and an average target price of $98.83.

Read Our Latest Analysis on WHR

About Whirlpool

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding WHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Whirlpool Corporation (NYSE:WHRFree Report).

Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

Receive News & Ratings for Whirlpool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whirlpool and related companies with MarketBeat.com's FREE daily email newsletter.