Traders Sell Whirlpool (WHR) on Strength (WHR)

Traders sold shares of Whirlpool Co. (NYSE:WHR) on strength during trading hours on Monday. $56.47 million flowed into the stock on the tick-up and $93.96 million flowed out of the stock on the tick-down, for a money net flow of $37.49 million out of the stock. Of all equities tracked, Whirlpool had the 33rd highest net out-flow for the day. Whirlpool traded up $2.27 for the day and closed at $164.95

Several analysts have issued reports on the company. Credit Suisse Group set a $165.00 target price on Whirlpool and gave the stock a “hold” rating in a research note on Tuesday, April 24th. Zacks Investment Research raised Whirlpool from a “sell” rating to a “hold” rating in a research note on Thursday, April 26th. KeyCorp reaffirmed an “equal weight” rating on shares of Whirlpool in a research note on Monday, January 29th. Raymond James raised Whirlpool from a “market perform” rating to an “outperform” rating and set a $200.00 target price for the company in a research note on Friday, January 26th. Finally, MKM Partners upped their target price on Whirlpool to $179.00 and gave the stock a “neutral” rating in a research note on Friday, April 27th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $171.33.

The company has a quick ratio of 0.53, a current ratio of 0.90 and a debt-to-equity ratio of 0.80. The stock has a market cap of $11.68 billion, a price-to-earnings ratio of 11.98, a P/E/G ratio of 1.12 and a beta of 1.85.

Whirlpool (NYSE:WHR) last announced its quarterly earnings data on Monday, April 23rd. The company reported $2.81 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.96 by ($0.15). Whirlpool had a net margin of 1.36% and a return on equity of 19.07%. The company had revenue of $4.91 billion during the quarter, compared to the consensus estimate of $4.95 billion. During the same quarter in the previous year, the firm posted $2.50 EPS. The business’s revenue for the quarter was up 2.6% compared to the same quarter last year. equities analysts expect that Whirlpool Co. will post 15.42 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 15th. Shareholders of record on Friday, May 18th will be given a $1.15 dividend. The ex-dividend date of this dividend is Thursday, May 17th. This represents a $4.60 annualized dividend and a yield of 2.79%. This is an increase from Whirlpool’s previous quarterly dividend of $1.10. Whirlpool’s payout ratio is presently 33.48%.

In other Whirlpool news, EVP Joseph T. Liotine sold 1,950 shares of the business’s stock in a transaction that occurred on Monday, April 30th. The stock was sold at an average price of $155.85, for a total value of $303,907.50. Following the completion of the sale, the executive vice president now owns 15,954 shares in the company, valued at $2,486,430.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.83% of the company’s stock.

A number of hedge funds have recently made changes to their positions in WHR. National Pension Service lifted its position in Whirlpool by 3.4% in the fourth quarter. National Pension Service now owns 87,008 shares of the company’s stock valued at $14,673,000 after purchasing an additional 2,874 shares during the last quarter. Creative Planning raised its holdings in shares of Whirlpool by 32.5% during the fourth quarter. Creative Planning now owns 4,326 shares of the company’s stock valued at $729,000 after acquiring an additional 1,062 shares in the last quarter. Schwab Charles Investment Management Inc. raised its holdings in shares of Whirlpool by 3.8% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 479,234 shares of the company’s stock valued at $80,817,000 after acquiring an additional 17,532 shares in the last quarter. State of Alaska Department of Revenue raised its holdings in shares of Whirlpool by 90.2% during the fourth quarter. State of Alaska Department of Revenue now owns 10,206 shares of the company’s stock valued at $1,720,000 after acquiring an additional 4,840 shares in the last quarter. Finally, Cerebellum GP LLC bought a new position in shares of Whirlpool during the fourth quarter valued at approximately $128,000. Hedge funds and other institutional investors own 88.52% of the company’s stock.

Whirlpool Company Profile

Whirlpool Corporation manufactures and markets home appliances and related products. It operates through four segments: North America; Europe, Middle East and Africa; Latin America; and Asia. The company's principal products include laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers, and other small domestic appliances.

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