Deroy & Devereaux Private Investment Counsel Inc. Invests $12.70 Million in Whirlpool Co. (NYSE:WHR) Stock

Deroy & Devereaux Private Investment Counsel Inc. acquired a new stake in Whirlpool Co. (NYSE:WHR) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 75,287 shares of the company’s stock, valued at approximately $12,696,000. Deroy & Devereaux Private Investment Counsel Inc. owned 0.11% of Whirlpool as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of WHR. PGGM Investments increased its position in shares of Whirlpool by 0.6% in the 3rd quarter. PGGM Investments now owns 188,413 shares of the company’s stock worth $34,751,000 after purchasing an additional 1,094 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Whirlpool by 2.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,169,044 shares of the company’s stock valued at $215,612,000 after purchasing an additional 27,552 shares during the period. Benjamin F. Edwards & Company Inc. boosted its stake in Whirlpool by 39.7% during the 3rd quarter. Benjamin F. Edwards & Company Inc. now owns 9,684 shares of the company’s stock valued at $1,786,000 after purchasing an additional 2,751 shares during the period. Swiss National Bank boosted its stake in Whirlpool by 0.3% during the 3rd quarter. Swiss National Bank now owns 272,765 shares of the company’s stock valued at $50,309,000 after purchasing an additional 900 shares during the period. Finally, Atlantic Trust Group LLC boosted its stake in Whirlpool by 115.6% during the 3rd quarter. Atlantic Trust Group LLC now owns 249,404 shares of the company’s stock valued at $46,000,000 after purchasing an additional 133,705 shares during the period. 93.72% of the stock is owned by institutional investors.

Several research firms recently commented on WHR. KeyCorp reissued an “equal weight” rating on shares of Whirlpool in a research note on Monday, January 29th. Royal Bank of Canada boosted their target price on shares of Whirlpool to $200.00 and gave the stock an “in-line” rating in a research report on Monday, January 29th. Raymond James Financial raised shares of Whirlpool from a “market perform” rating to an “outperform” rating and set a $200.00 target price for the company in a research report on Friday, January 26th. UBS Group raised shares of Whirlpool from a “market perform” rating to an “outperform” rating in a report on Friday, January 26th. Finally, Zacks Investment Research raised shares of Whirlpool from a “sell” rating to a “hold” rating in a report on Thursday, January 25th. Seven research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $189.40.

Shares of Whirlpool Co. (NYSE:WHR) traded up $1.94 during trading on Wednesday, hitting $172.13. 373,994 shares of the company were exchanged, compared to its average volume of 1,058,545. The company has a quick ratio of 0.58, a current ratio of 0.94 and a debt-to-equity ratio of 0.86. The firm has a market cap of $12,230.00, a PE ratio of 38.09, a P/E/G ratio of 0.91 and a beta of 1.81. Whirlpool Co. has a 1-year low of $158.80 and a 1-year high of $202.99.

Whirlpool (NYSE:WHR) last issued its earnings results on Wednesday, January 24th. The company reported $4.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.01 by $0.09. Whirlpool had a net margin of 1.65% and a return on equity of 18.36%. The company had revenue of $5.70 billion for the quarter, compared to analyst estimates of $5.88 billion. During the same quarter last year, the firm earned $4.33 EPS. The company’s revenue for the quarter was up .8% on a year-over-year basis. equities analysts predict that Whirlpool Co. will post 15.32 EPS for the current year.

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About Whirlpool

Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company’s segments include North America; Europe, Middle East and Africa (EMEA); Latin America, and Asia. In North America, the Company markets and distributes home appliances and small domestic appliances under a range of brand names.

Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

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