State of Wisconsin Investment Board Has $19.78 Million Position in Whirlpool Co. (WHR)

State of Wisconsin Investment Board lowered its position in shares of Whirlpool Co. (NYSE:WHR) by 0.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 117,278 shares of the company’s stock after selling 879 shares during the period. State of Wisconsin Investment Board owned approximately 0.17% of Whirlpool worth $19,778,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Condor Capital Management increased its position in shares of Whirlpool by 3.3% during the fourth quarter. Condor Capital Management now owns 10,733 shares of the company’s stock valued at $1,810,000 after acquiring an additional 343 shares in the last quarter. D.A. Davidson & CO. increased its position in shares of Whirlpool by 13.6% during the fourth quarter. D.A. Davidson & CO. now owns 20,154 shares of the company’s stock valued at $3,399,000 after acquiring an additional 2,418 shares in the last quarter. Toronto Dominion Bank increased its position in shares of Whirlpool by 12.1% during the fourth quarter. Toronto Dominion Bank now owns 32,152 shares of the company’s stock valued at $5,423,000 after acquiring an additional 3,467 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in shares of Whirlpool by 11.5% during the fourth quarter. The Manufacturers Life Insurance Company now owns 799,214 shares of the company’s stock valued at $134,779,000 after acquiring an additional 82,645 shares in the last quarter. Finally, Barings LLC increased its position in shares of Whirlpool by 24.6% during the fourth quarter. Barings LLC now owns 7,047 shares of the company’s stock valued at $1,188,000 after acquiring an additional 1,390 shares in the last quarter. 90.82% of the stock is owned by institutional investors.

Shares of Whirlpool Co. (NYSE WHR) opened at $166.60 on Thursday. 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 Co. has a 1 year low of $158.80 and a 1 year high of $202.99. The company has a market cap of $11,910.95, a P/E ratio of 36.47, a price-to-earnings-growth ratio of 0.90 and a beta of 1.81.

Whirlpool (NYSE:WHR) last posted its earnings results on Wednesday, January 24th. The company reported $4.10 EPS for the quarter, topping analysts’ consensus estimates of $4.01 by $0.09. Whirlpool had a net margin of 1.65% and a return on equity of 18.36%. The business had revenue of $5.70 billion during the quarter, compared to the consensus estimate of $5.88 billion. During the same quarter in the previous year, the firm posted $4.33 EPS. The firm’s revenue was up .8% on a year-over-year basis. equities analysts expect that Whirlpool Co. will post 15.31 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Friday, March 2nd will be given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 2.64%. The ex-dividend date of this dividend is Thursday, March 1st. Whirlpool’s dividend payout ratio (DPR) is presently 96.49%.

Several equities research analysts recently weighed in on the stock. Raymond James Financial raised shares of Whirlpool from a “market perform” rating to an “outperform” rating and set a $200.00 price target 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 research report on Friday, January 26th. Royal Bank of Canada lifted 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. KeyCorp reaffirmed an “equal weight” rating on shares of Whirlpool in a research report on Monday, January 29th. Finally, Zacks Investment Research raised shares of Whirlpool from a “sell” rating to a “hold” rating in a research report on Thursday, January 25th. Seven investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Whirlpool has a consensus rating of “Hold” and a consensus target price of $189.40.

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Whirlpool 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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Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

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