1 week Ago By ABMN Staff
California Public Employees Retirement System lessened its holdings in shares of Whirlpool Co. ( NYSE:WHR – Free Report ) by 8.9% during the 4th quarter, according to its most recent disclosure with the SEC.
The institutional investor owned 84,361 shares of the company’s stock after selling 8,262 shares during the quarter. California Public Employees Retirement System owned about 0.15% of Whirlpool worth $9,658,000 as of its most recent filing with the SEC.
Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in Whirlpool by 0.
6% during the 4th quarter. Vanguard Group Inc. now owns 5,536,118 shares of the company’s stock worth $633,775,000 after buying an additional 33,326 shares in the last quarter.
Charles Schwab Investment Management Inc. increased its position in shares of Whirlpool by 4.9% during the fourth quarter.
Charles Schwab Investment Management Inc. now owns 2,118,013 shares of the company’s stock worth $242,470,000 after acquiring an additional 98,444 shares during the period. State Street Corp raised its stake in shares of Whirlpool by 1.
0% in the third quarter. State Street Corp now owns 1,650,386 shares of the company’s stock valued at $176,591,000 after acquiring an additional 15,752 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Whirlpool by 1.
3% in the third quarter. Geode Capital Management LLC now owns 903,166 shares of the company’s stock valued at $96,664,000 after purchasing an additional 11,766 shares during the period. Finally, Norges Bank acquired a new position in Whirlpool during the 4th quarter worth $73,468,000.
Institutional investors and hedge funds own 90.78% of the company’s stock. Analysts Set New Price Targets A number of research firms have issued reports on WHR.
The Goldman Sachs Group increased their price target on Whirlpool from $125.00 to $138.00 and gave the company a “buy” rating in a research report on Tuesday, January 14th.
StockNews.com upgraded shares of Whirlpool from a “sell” rating to a “hold” rating in a research note on Tuesday, January 21st. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company.
Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $106.00.
Whirlpool Stock Down 0.5 % Shares of NYSE WHR opened at $85.66 on Monday.
The business has a 50-day moving average of $99.34 and a two-hundred day moving average of $107.79.
The company has a market capitalization of $4.74 billion, a price-to-earnings ratio of -14.62 and a beta of 1.
31. Whirlpool Co. has a 1 year low of $79.
70 and a 1 year high of $135.49. The company has a debt-to-equity ratio of 1.
62, a current ratio of 0.72 and a quick ratio of 0.44.
Whirlpool ( NYSE:WHR – Get Free Report ) last posted its earnings results on Wednesday, January 29th. The company reported $4.57 earnings per share for the quarter, topping the consensus estimate of $4.
26 by $0.31. Whirlpool had a positive return on equity of 21.
89% and a negative net margin of 1.95%. During the same quarter in the previous year, the business earned $3.
85 earnings per share. On average, analysts forecast that Whirlpool Co. will post 9.
52 earnings per share for the current fiscal year. Whirlpool Announces Dividend The business also recently announced a quarterly dividend, which was paid on Saturday, March 15th. Investors of record on Friday, February 28th were given a $1.
75 dividend. This represents a $7.00 dividend on an annualized basis and a dividend yield of 8.
17%. The ex-dividend date of this dividend was Friday, February 28th. Whirlpool’s dividend payout ratio (DPR) is -119.
45%. Whirlpool Profile ( Free Report ) 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.
Further Reading Want to see what other hedge funds are holding WHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Whirlpool Co. ( NYSE:WHR – Free Report ).
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