Aigen Investment Management LP reduced its position in Whirlpool Corporation (NYSE:WHR – Free Report) by 70.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 6,929 shares of the company’s stock after selling 16,787 shares during the period. Aigen Investment Management LP’s holdings in Whirlpool were worth $500,000 as of its most recent filing with the SEC.
Several other hedge funds have also bought and sold shares of the company. CreativeOne Wealth LLC lifted its stake in Whirlpool by 25.1% in the 4th quarter. CreativeOne Wealth LLC now owns 16,836 shares of the company’s stock valued at $1,215,000 after purchasing an additional 3,375 shares during the last quarter. Searle & CO. increased its holdings in shares of Whirlpool by 10.2% during the fourth quarter. Searle & CO. now owns 13,450 shares of the company’s stock worth $970,000 after purchasing an additional 1,250 shares during the period. Marshall Wace LLP increased its holdings in shares of Whirlpool by 101.1% during the fourth quarter. Marshall Wace LLP now owns 19,273 shares of the company’s stock worth $1,390,000 after purchasing an additional 9,688 shares during the period. Quinn Opportunity Partners LLC increased its holdings in shares of Whirlpool by 32.4% during the fourth quarter. Quinn Opportunity Partners LLC now owns 102,273 shares of the company’s stock worth $7,378,000 after purchasing an additional 25,000 shares during the period. Finally, Financial Sense Advisors Inc. increased its stake in Whirlpool by 18.0% in the fourth quarter. Financial Sense Advisors Inc. now owns 40,365 shares of the company’s stock valued at $2,912,000 after acquiring an additional 6,150 shares during the last quarter. 90.78% of the stock is currently owned by institutional investors and hedge funds.
Whirlpool Trading Down 2.6%
WHR opened at $41.77 on Tuesday. The company has a current ratio of 0.88, a quick ratio of 0.48 and a debt-to-equity ratio of 1.48. The company has a fifty day moving average price of $48.01 and a two-hundred day moving average price of $64.84. The company has a market cap of $2.71 billion, a P/E ratio of 14.21, a price-to-earnings-growth ratio of 16.93 and a beta of 1.15. Whirlpool Corporation has a 1-year low of $38.38 and a 1-year high of $111.96.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on WHR shares. Wall Street Zen cut shares of Whirlpool from a “hold” rating to a “strong sell” rating in a research note on Saturday, May 9th. Raymond James Financial reiterated a “market perform” rating on shares of Whirlpool in a report on Monday, March 16th. BNP Paribas Exane upgraded shares of Whirlpool to a “neutral” rating in a report on Monday, March 16th. Royal Bank Of Canada lowered their target price on shares of Whirlpool from $37.00 to $32.00 and set an “underperform” rating for the company in a research note on Friday, May 8th. Finally, Zacks Research downgraded shares of Whirlpool from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 10th. Two research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $68.89.
View Our Latest Research Report on Whirlpool
About Whirlpool
Whirlpool Corporation is a leading global manufacturer and marketer of home appliances, with a product portfolio that spans major categories such as laundry, refrigeration, cooking, dishwashing and small electrics. Headquartered in Benton Harbor, Michigan, the company designs, produces and distributes its appliances through a network of wholly owned manufacturing facilities, joint ventures and third-party partners. Whirlpool serves both retail and professional markets, offering products under its flagship Whirlpool brand as well as several well-known names including Maytag, KitchenAid, JennAir, Amana, Brastemp and Consul.
In its laundry segment, Whirlpool provides top- and front-load washing machines, dryers and combination units designed to balance energy efficiency, capacity and convenience.
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