Robecosam AG cut its position in shares of Whirlpool Co. (NYSE:WHR) by 34.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 74,036 shares of the company’s stock after selling 38,880 shares during the quarter. Robecosam AG owned approximately 0.10% of Whirlpool worth $12,636,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Boyd Watterson Asset Management LLC OH grew its position in Whirlpool by 5.3% during the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 5,968 shares of the company’s stock worth $1,006,000 after acquiring an additional 301 shares during the last quarter. Sheaff Brock Investment Advisors LLC grew its position in Whirlpool by 1.0% during the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 31,992 shares of the company’s stock worth $5,395,000 after acquiring an additional 313 shares during the last quarter. Norinchukin Bank The grew its position in Whirlpool by 5.8% during the 4th quarter. Norinchukin Bank The now owns 5,746 shares of the company’s stock worth $969,000 after acquiring an additional 315 shares during the last quarter. Commonwealth Equity Services Inc grew its position in Whirlpool by 5.3% during the 3rd quarter. Commonwealth Equity Services Inc now owns 6,285 shares of the company’s stock worth $1,159,000 after acquiring an additional 317 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale grew its position in Whirlpool by 3.8% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 8,929 shares of the company’s stock worth $1,623,000 after acquiring an additional 323 shares during the last quarter. Hedge funds and other institutional investors own 92.18% of the company’s stock.
Several equities analysts recently issued reports on the company. Raymond James Financial upgraded Whirlpool from a “market perform” rating to an “outperform” rating and set a $200.00 price target on the stock in a research report on Friday, January 26th. UBS Group upgraded Whirlpool from a “market perform” rating to an “outperform” rating in a research report on Friday, January 26th. Royal Bank of Canada raised their price target on Whirlpool to $200.00 and gave the stock an “in-line” rating in a research report on Monday, January 29th. KeyCorp restated an “equal weight” rating on shares of Whirlpool in a research report on Monday, January 29th. Finally, Zacks Investment Research upgraded Whirlpool from a “sell” rating to a “hold” rating in a research report on Thursday, January 25th. Seven analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Whirlpool presently has an average rating of “Hold” and a consensus price target of $189.40.
Whirlpool (NYSE:WHR) last released its quarterly earnings data on Wednesday, January 24th. The company reported $4.10 earnings per share for the quarter, topping the consensus estimate of $4.01 by $0.09. Whirlpool had a return on equity of 18.36% and a net margin of 1.65%. The business had revenue of $5.70 billion during the quarter, compared to analysts’ expectations of $5.88 billion. During the same quarter last year, the business posted $4.33 EPS. The business’s revenue was up .8% on a year-over-year basis. sell-side analysts forecast that Whirlpool Co. will post 15.31 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Friday, March 2nd will be paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.68%. The ex-dividend date is Thursday, March 1st. Whirlpool’s payout ratio is presently 96.49%.
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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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