Whirlpool Co. (NYSE:WHR) Shares Sold by MeadowBrook Investment Advisors LLC

MeadowBrook Investment Advisors LLC lowered its stake in Whirlpool Co. (NYSE:WHR) by 54.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 970 shares of the company’s stock after selling 1,137 shares during the quarter. MeadowBrook Investment Advisors LLC’s holdings in Whirlpool were worth $111,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of WHR. Charles Schwab Investment Management Inc. grew its stake in Whirlpool by 14.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,019,569 shares of the company’s stock valued at $216,094,000 after purchasing an additional 258,871 shares in the last quarter. Raymond James & Associates lifted its holdings in Whirlpool by 335.3% during the 3rd quarter. Raymond James & Associates now owns 188,508 shares of the company’s stock worth $20,170,000 after buying an additional 145,200 shares during the last quarter. Verition Fund Management LLC lifted its holdings in Whirlpool by 648.2% during the 3rd quarter. Verition Fund Management LLC now owns 112,141 shares of the company’s stock worth $11,999,000 after buying an additional 97,152 shares during the last quarter. Easterly Investment Partners LLC lifted its holdings in Whirlpool by 95.6% during the 3rd quarter. Easterly Investment Partners LLC now owns 151,157 shares of the company’s stock worth $16,174,000 after buying an additional 73,865 shares during the last quarter. Finally, Ibex Wealth Advisors bought a new position in Whirlpool during the 4th quarter worth approximately $7,275,000. Institutional investors and hedge funds own 90.78% of the company’s stock.

Whirlpool Stock Down 1.0 %

Shares of Whirlpool stock opened at $99.55 on Wednesday. The stock’s fifty day moving average is $117.68 and its 200-day moving average is $108.24. The firm has a market capitalization of $5.49 billion, a PE ratio of -16.99 and a beta of 1.43. 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 Co. has a 12-month low of $84.18 and a 12-month high of $135.49.

Whirlpool (NYSE:WHR) last posted its quarterly earnings results 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 quarter last year, the business earned $3.85 EPS. Equities analysts anticipate that Whirlpool Co. will post 9.51 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have commented on WHR shares. The Goldman Sachs Group increased their target price on Whirlpool from $125.00 to $138.00 and gave the stock a “buy” rating in a report on Tuesday, January 14th. JPMorgan Chase & Co. raised their price target on Whirlpool from $103.00 to $109.00 and gave the stock a “neutral” rating in a report on Tuesday, October 29th. Royal Bank of Canada cut their price target on Whirlpool from $76.00 to $74.00 and set an “underperform” rating on the stock in a report on Friday, October 25th. Bank of America lifted their target price on Whirlpool from $101.00 to $103.00 and gave the company an “underperform” rating in a research note on Friday, October 25th. Finally, StockNews.com raised Whirlpool from a “sell” rating to a “hold” rating in a research note on Tuesday, January 21st. Two research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $112.80.

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.