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.
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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.
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