Susquehanna Fundamental Investments LLC Takes Position in Whirlpool Co. (NYSE:WHR)

Susquehanna Fundamental Investments LLC bought a new stake in shares of Whirlpool Co. (NYSE:WHR) during the 4th quarter, HoldingsChannel.com reports. The fund bought 91,343 shares of the company’s stock, valued at approximately $10,457,000.

Other institutional investors have also recently made changes to their positions in the company. Brown Lisle Cummings Inc. bought a new position in shares of Whirlpool in the fourth quarter valued at approximately $27,000. SBI Securities Co. Ltd. purchased a new stake in Whirlpool during the fourth quarter valued at about $30,000. GAMMA Investing LLC lifted its stake in shares of Whirlpool by 323.1% during the 4th quarter. GAMMA Investing LLC now owns 275 shares of the company’s stock valued at $31,000 after buying an additional 210 shares in the last quarter. Nemes Rush Group LLC lifted its position in shares of Whirlpool by 79.1% during the fourth quarter. Nemes Rush Group LLC now owns 274 shares of the company’s stock worth $31,000 after acquiring an additional 121 shares in the last quarter. Finally, Bogart Wealth LLC lifted its holdings in Whirlpool by 113.6% during the 4th quarter. Bogart Wealth LLC now owns 282 shares of the company’s stock worth $32,000 after purchasing an additional 150 shares in the last quarter. Institutional investors own 90.78% of the company’s stock.

Analyst Upgrades and Downgrades

WHR has been the subject of several recent analyst reports. The Goldman Sachs Group boosted their price objective on shares of Whirlpool from $125.00 to $138.00 and gave the company a “buy” rating in a research note on Tuesday, January 14th. StockNews.com lowered shares of Whirlpool from a “hold” rating to a “sell” rating in a research report on Friday. Three investment analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, Whirlpool presently has a consensus rating of “Hold” and a consensus target price of $106.00.

Whirlpool Trading Down 2.0 %

Shares of WHR opened at $77.42 on Friday. Whirlpool Co. has a 1-year low of $75.03 and a 1-year high of $135.49. The company has a market capitalization of $4.29 billion, a P/E ratio of -13.21 and a beta of 1.31. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.72 and a quick ratio of 0.44. The firm’s 50 day simple moving average is $89.83 and its 200 day simple moving average is $104.80.

Whirlpool (NYSE:WHR) last posted its quarterly earnings data on Wednesday, April 23rd. The company reported $1.70 earnings per share for the quarter, missing the consensus estimate of $1.76 by ($0.06). Whirlpool had a negative net margin of 1.95% and a positive return on equity of 21.89%. The company had revenue of $3.62 billion for the quarter, compared to analysts’ expectations of $3.67 billion. During the same quarter last year, the business posted $1.78 EPS. Sell-side analysts forecast that Whirlpool Co. will post 9.52 earnings per share for the current fiscal year.

Whirlpool Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, June 15th. Stockholders of record on Friday, May 16th will be issued a $1.75 dividend. This represents a $7.00 dividend on an annualized basis and a dividend yield of 9.04%. The ex-dividend date is Friday, May 16th. Whirlpool’s payout ratio is currently 5,000.00%.

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.