Whirlpool Co. (WHR) Shares Bought by D.A. Davidson & CO.

D.A. Davidson & CO. increased its holdings in shares of Whirlpool Co. (NYSE:WHR) by 13.6% in the fourth quarter, Holdings Channel reports. The fund owned 20,154 shares of the company’s stock after buying an additional 2,418 shares during the quarter. D.A. Davidson & CO.’s holdings in Whirlpool were worth $3,399,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. NuWave Investment Management LLC purchased a new position in Whirlpool during the 4th quarter worth $101,000. Valeo Financial Advisors LLC purchased a new position in Whirlpool during the 3rd quarter worth $129,000. Cerebellum GP LLC purchased a new position in Whirlpool during the 4th quarter worth $128,000. Clear Perspective Advisors LLC increased its holdings in Whirlpool by 74.6% during the 4th quarter. Clear Perspective Advisors LLC now owns 1,170 shares of the company’s stock worth $197,000 after purchasing an additional 500 shares during the period. Finally, BKS Advisors LLC purchased a new position in Whirlpool during the 3rd quarter worth $217,000. 93.72% of the stock is owned by hedge funds and other institutional investors.

Several research analysts have commented on WHR shares. Bank of America downgraded Whirlpool from a “buy” rating to a “neutral” rating and set a $183.00 price objective on the stock. in a report on Tuesday, October 24th. Royal Bank of Canada downgraded Whirlpool from a “top pick” rating to a “sector perform” rating and reduced their price objective for the stock from $209.00 to $184.00 in a report on Tuesday, October 24th. Credit Suisse Group set a $187.00 price objective on Whirlpool and gave the stock a “neutral” rating in a report on Tuesday, October 24th. Zacks Investment Research downgraded Whirlpool from a “hold” rating to a “strong sell” rating in a report on Friday, October 27th. Finally, ValuEngine upgraded Whirlpool from a “hold” rating to a “buy” rating in a report on Tuesday, December 5th. Seven equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $189.40.

Whirlpool Co. (NYSE WHR) opened at $172.70 on Friday. Whirlpool Co. has a fifty-two week low of $158.80 and a fifty-two week high of $202.99. The stock has a market capitalization of $12,410.00, a price-to-earnings ratio of 16.62, a PEG ratio of 0.94 and a beta of 1.81. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.93 and a quick ratio of 0.58.

Whirlpool (NYSE:WHR) last announced its quarterly earnings results on Wednesday, January 24th. The company reported $4.10 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $4.01 by $0.09. Whirlpool had a return on equity of 18.36% and a net margin of 1.65%. The business had revenue of $5.70 billion for the quarter, compared to the consensus estimate of $5.88 billion. During the same period last year, the business posted $4.33 EPS. The business’s revenue was up .8% compared to the same quarter last year. sell-side analysts anticipate that Whirlpool Co. will post 15.32 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: This piece was originally published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this piece on another website, it was stolen and republished in violation of United States and international trademark and copyright law. The legal version of this piece can be accessed at https://www.dispatchtribunal.com/2018/02/18/whirlpool-co-whr-shares-bought-by-d-a-davidson-co-2.html.

Whirlpool Company Profile

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.

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

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.

Leave a Reply