3,928 Shares in Whirlpool Co. (NYSE:WHR) Acquired by Stevens Capital Management LP

Stevens Capital Management LP bought a new position in shares of Whirlpool Co. (NYSE:WHR) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 3,928 shares of the company’s stock, valued at approximately $478,000.

Several other hedge funds have also added to or reduced their stakes in WHR. Envestnet Asset Management Inc. raised its holdings in Whirlpool by 19.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 90,465 shares of the company’s stock worth $12,095,000 after purchasing an additional 14,851 shares during the last quarter. IFG Advisory LLC raised its holdings in Whirlpool by 5.6% during the 4th quarter. IFG Advisory LLC now owns 2,737 shares of the company’s stock worth $333,000 after purchasing an additional 146 shares during the last quarter. Gilman Hill Asset Management LLC raised its holdings in Whirlpool by 47.0% during the 4th quarter. Gilman Hill Asset Management LLC now owns 79,926 shares of the company’s stock worth $9,733,000 after purchasing an additional 25,541 shares during the last quarter. Capital Advisors Inc. OK bought a new position in Whirlpool during the 4th quarter worth approximately $6,373,000. Finally, Deutsche Bank AG raised its holdings in Whirlpool by 4.7% during the 3rd quarter. Deutsche Bank AG now owns 428,220 shares of the company’s stock worth $57,253,000 after purchasing an additional 19,036 shares during the last quarter. 90.78% of the stock is currently owned by institutional investors and hedge funds.

Whirlpool Stock Down 10.1 %

WHR stock traded down $10.72 during midday trading on Thursday, reaching $94.96. 6,749,008 shares of the company’s stock traded hands, compared to its average volume of 1,356,952. The company has a market cap of $5.19 billion, a price-to-earnings ratio of 10.75 and a beta of 1.48. The firm’s fifty day moving average price is $109.71 and its 200-day moving average price is $113.13. The company has a quick ratio of 0.57, a current ratio of 0.89 and a debt-to-equity ratio of 2.53. Whirlpool Co. has a 52 week low of $92.54 and a 52 week high of $160.62.

Whirlpool (NYSE:WHR) last announced its quarterly earnings results on Wednesday, April 24th. The company reported $1.78 EPS for the quarter, beating analysts’ consensus estimates of $1.61 by $0.17. The business had revenue of $4.49 billion during the quarter, compared to analyst estimates of $4.42 billion. Whirlpool had a net margin of 2.47% and a return on equity of 38.67%. Whirlpool’s quarterly revenue was down 3.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.66 EPS. As a group, sell-side analysts forecast that Whirlpool Co. will post 12.85 earnings per share for the current fiscal year.

Whirlpool Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, June 15th. Shareholders of record on Friday, May 17th will be issued a dividend of $1.75 per share. This represents a $7.00 dividend on an annualized basis and a yield of 7.37%. The ex-dividend date is Thursday, May 16th. Whirlpool’s dividend payout ratio is 80.37%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on WHR shares. Loop Capital started coverage on shares of Whirlpool in a research note on Thursday, February 22nd. They issued a “buy” rating and a $140.00 price objective for the company. Royal Bank of Canada lowered their price objective on shares of Whirlpool from $92.00 to $85.00 and set an “underperform” rating for the company in a research note on Wednesday, January 31st. TheStreet upgraded shares of Whirlpool from a “d+” rating to a “c+” rating in a research note on Monday, January 29th. JPMorgan Chase & Co. lowered their price objective on shares of Whirlpool from $120.00 to $111.00 and set a “neutral” rating for the company in a research note on Friday, February 2nd. Finally, StockNews.com upgraded shares of Whirlpool from a “hold” rating to a “buy” rating in a research note on Tuesday, February 27th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $114.60.

About Whirlpool

Whirlpool Corporation manufactures and markets home appliances and related products and services in the North America, Europe, the Middle East, Africa, Latin America, and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances, and commercial laundry products and related laundry accessories; cooking and other small domestic appliances; and dishwasher appliances and related accessories, as well as mixers.