Homrich & Berg trimmed its holdings in shares of Whirlpool Co. (NYSE:WHR) by 27.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,173 shares of the company’s stock after selling 1,214 shares during the period. Homrich & Berg’s holdings in Whirlpool were worth $535,000 as of its most recent SEC filing.
Other hedge funds have also added to or reduced their stakes in the company. NuWave Investment Management LLC acquired a new stake in Whirlpool during the 4th quarter valued at $101,000. Cerebellum GP LLC acquired a new stake in shares of Whirlpool in the 4th quarter valued at $128,000. Valeo Financial Advisors LLC acquired a new stake in shares of Whirlpool in the 3rd quarter valued at $129,000. Clear Perspective Advisors LLC increased its stake in shares of Whirlpool by 74.6% in the 4th quarter. Clear Perspective Advisors LLC now owns 1,170 shares of the company’s stock valued at $197,000 after buying an additional 500 shares during the period. Finally, BKS Advisors LLC acquired a new stake in shares of Whirlpool in the 3rd quarter valued at $217,000. 90.82% of the stock is owned by hedge funds and other institutional investors.
Whirlpool Co. (NYSE WHR) opened at $168.50 on Wednesday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.58 and a current ratio of 0.93. The firm has a market capitalization of $12,110.00, a PE ratio of 16.22, a price-to-earnings-growth ratio of 0.92 and a beta of 1.81. Whirlpool Co. has a twelve month low of $158.80 and a twelve month high of $202.99.
Whirlpool (NYSE:WHR) last posted its earnings results on Wednesday, January 24th. The company reported $4.10 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $4.01 by $0.09. The firm had revenue of $5.70 billion for the quarter, compared to analyst estimates of $5.88 billion. Whirlpool had a return on equity of 18.36% and a net margin of 1.65%. The company’s revenue for the quarter was up .8% on a year-over-year basis. During the same period in the previous year, the company posted $4.33 earnings per share. equities analysts predict that Whirlpool Co. will post 15.32 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Friday, March 2nd will be issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 2.61%. Whirlpool’s dividend payout ratio is presently 42.35%.
WHR has been the subject of several research reports. Zacks Investment Research cut Whirlpool from a “hold” rating to a “strong sell” rating in a research note on Friday, October 27th. ValuEngine raised Whirlpool from a “hold” rating to a “buy” rating in a research note on Tuesday, December 5th. Royal Bank of Canada cut Whirlpool from a “top pick” rating to a “sector perform” rating and lowered their target price for the company from $209.00 to $184.00 in a research note on Tuesday, October 24th. UBS Group raised Whirlpool from a “market perform” rating to an “outperform” rating in a research note on Friday, January 26th. Finally, Bank of America cut Whirlpool from a “buy” rating to a “neutral” rating and set a $183.00 price objective for the company. in a research note on Tuesday, October 24th. Seven research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $189.40.
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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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