Hennessy Advisors Inc. Buys Shares of 72,100 Whirlpool Co. (NYSE:WHR)

Hennessy Advisors Inc. bought a new stake in Whirlpool Co. (NYSE:WHR) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 72,100 shares of the company’s stock, valued at approximately $10,637,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Trinity Street Asset Management LLP grew its holdings in shares of Whirlpool by 4.2% in the 4th quarter. Trinity Street Asset Management LLP now owns 208,655 shares of the company’s stock worth $30,782,000 after purchasing an additional 8,463 shares during the last quarter. First Hawaiian Bank bought a new position in shares of Whirlpool during the 4th quarter worth approximately $281,000. DNB Asset Management AS bought a new position in shares of Whirlpool during the 4th quarter worth approximately $1,810,000. Polianta Ltd bought a new position in shares of Whirlpool during the 4th quarter worth approximately $1,135,000. Finally, Clear Street Markets LLC bought a new position in shares of Whirlpool during the 4th quarter worth approximately $1,505,000. Hedge funds and other institutional investors own 95.09% of the company’s stock.

In other Whirlpool news, Director Gary T. Dicamillo sold 833 shares of the firm’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $153.41, for a total transaction of $127,790.53. Following the completion of the sale, the director now owns 6,667 shares of the company’s stock, valued at approximately $1,022,784.47. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.91% of the company’s stock.

Shares of NYSE WHR traded up $0.70 during trading hours on Tuesday, hitting $153.48. The company had a trading volume of 10,799 shares, compared to its average volume of 562,480. The stock has a market capitalization of $9.69 billion, a P/E ratio of 10.13, a price-to-earnings-growth ratio of 2.27 and a beta of 1.74. The company has a quick ratio of 0.53, a current ratio of 0.87 and a debt-to-equity ratio of 1.20. Whirlpool Co. has a 1-year low of $114.00 and a 1-year high of $163.64. The firm’s 50 day moving average is $146.63 and its 200-day moving average is $147.04.

Whirlpool (NYSE:WHR) last released its quarterly earnings data on Tuesday, October 22nd. The company reported $3.97 EPS for the quarter, beating the consensus estimate of $3.90 by $0.07. Whirlpool had a return on equity of 28.06% and a net margin of 5.15%. The company had revenue of $5.10 billion during the quarter, compared to the consensus estimate of $5.14 billion. During the same quarter in the prior year, the firm posted $4.55 EPS. The firm’s revenue for the quarter was down 4.2% compared to the same quarter last year. On average, sell-side analysts predict that Whirlpool Co. will post 15.42 earnings per share for the current year.

Several brokerages have recently weighed in on WHR. Bank of America raised their price target on shares of Whirlpool from $150.00 to $157.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 23rd. Deutsche Bank began coverage on shares of Whirlpool in a research note on Wednesday, November 27th. They set a “hold” rating for the company. JPMorgan Chase & Co. raised shares of Whirlpool from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $155.00 to $172.00 in a research note on Thursday, September 26th. Buckingham Research set a $150.00 price target on shares of Whirlpool and gave the stock a “hold” rating in a research note on Tuesday, October 15th. Finally, Royal Bank of Canada reissued a “sell” rating and issued a $129.00 price objective on shares of Whirlpool in a report on Wednesday, December 18th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $156.38.

Whirlpool 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 refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances and related laundry accessories; cooking appliances and other small domestic appliances; and dishwasher appliances and related accessories.

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Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

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