Metis Global Partners LLC Sells 953 Shares of Whirlpool Co. (NYSE:WHR)

Metis Global Partners LLC lowered its position in Whirlpool Co. (NYSE:WHR) by 25.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,855 shares of the company’s stock after selling 953 shares during the period. Metis Global Partners LLC’s holdings in Whirlpool were worth $348,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of WHR. Envestnet Asset Management Inc. lifted its holdings in Whirlpool by 19.6% in 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 in the last quarter. IFG Advisory LLC grew its stake in Whirlpool by 5.6% during the fourth quarter. IFG Advisory LLC now owns 2,737 shares of the company’s stock valued at $333,000 after acquiring an additional 146 shares in the last quarter. Gilman Hill Asset Management LLC lifted its stake in Whirlpool by 47.0% in 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 in the last quarter. CWM LLC boosted its holdings in shares of Whirlpool by 112.0% during the 4th quarter. CWM LLC now owns 1,221 shares of the company’s stock valued at $149,000 after purchasing an additional 645 shares during the last quarter. Finally, Capital Advisors Inc. OK bought a new stake in shares of Whirlpool in the fourth quarter worth about $6,373,000. 90.78% of the stock is owned by institutional investors.

Whirlpool Stock Performance

Whirlpool stock opened at $95.04 on Friday. Whirlpool Co. has a 1-year low of $91.90 and a 1-year high of $160.62. The company’s 50-day moving average is $106.44 and its 200 day moving average is $110.42. The firm has a market capitalization of $5.19 billion, a P/E ratio of 13.09 and a beta of 1.52. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.95 and a quick ratio of 0.58.

Whirlpool (NYSE:WHR) last posted its quarterly earnings data on Wednesday, April 24th. The company reported $1.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.61 by $0.17. Whirlpool had a return on equity of 35.16% and a net margin of 2.07%. The company had revenue of $4.49 billion during the quarter, compared to analysts’ expectations of $4.42 billion. During the same quarter in the previous year, the business earned $2.66 EPS. Whirlpool’s revenue was down 3.4% compared to the same quarter last year. Research analysts forecast that Whirlpool Co. will post 12.53 EPS for the current year.

Whirlpool Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, June 15th. Shareholders of record on Friday, May 17th will be given a $1.75 dividend. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $7.00 annualized dividend and a yield of 7.37%. Whirlpool’s dividend payout ratio (DPR) is 96.42%.

Wall Street Analysts Forecast Growth

WHR has been the subject of several research analyst reports. StockNews.com cut Whirlpool from a “buy” rating to a “hold” rating in a report on Friday, April 26th. TheStreet raised shares of Whirlpool from a “d+” rating to a “c+” rating in a research note on Monday, January 29th. JPMorgan Chase & Co. reduced their target price on shares of Whirlpool from $120.00 to $111.00 and set a “neutral” rating on the stock in a report on Friday, February 2nd. Royal Bank of Canada dropped their price target on Whirlpool from $85.00 to $79.00 and set an “underperform” rating for the company in a research report on Friday, April 26th. Finally, Loop Capital started coverage on Whirlpool in a research note on Thursday, February 22nd. They issued a “buy” rating and a $140.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $113.40.

Whirlpool Company Profile

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.