Ancora Advisors LLC Sells 3,400 Shares of Whirlpool Co. (NYSE:WHR)

Ancora Advisors LLC lessened its position in shares of Whirlpool Co. (NYSE:WHR - Free Report) by 39.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,300 shares of the company's stock after selling 3,400 shares during the quarter. Ancora Advisors LLC's holdings in Whirlpool were worth $607,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Brown Lisle Cummings Inc. acquired a new stake in Whirlpool during the 4th quarter worth approximately $27,000. SBI Securities Co. Ltd. acquired a new stake in shares of Whirlpool during the fourth quarter worth $30,000. GAMMA Investing LLC lifted its position in Whirlpool by 323.1% in the 4th quarter. GAMMA Investing LLC now owns 275 shares of the company's stock valued at $31,000 after acquiring an additional 210 shares in the last quarter. Nemes Rush Group LLC boosted its stake in Whirlpool by 79.1% in the 4th quarter. Nemes Rush Group LLC now owns 274 shares of the company's stock worth $31,000 after purchasing an additional 121 shares during the period. Finally, Bogart Wealth LLC raised its stake in shares of Whirlpool by 113.6% in the 4th quarter. Bogart Wealth LLC now owns 282 shares of the company's stock valued at $32,000 after purchasing an additional 150 shares during the period. Institutional investors own 90.78% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on WHR. StockNews.com lowered shares of Whirlpool from a "hold" rating to a "sell" rating in a research report on Friday, April 25th. JPMorgan Chase & Co. lowered their target price on Whirlpool from $109.00 to $89.00 and set a "neutral" rating on the stock in a research report on Monday, April 28th. Finally, 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. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $101.00.

Whirlpool Price Performance

WHR traded up $0.03 during trading on Friday, hitting $79.90. 1,111,602 shares of the stock traded hands, compared to its average volume of 1,055,933. The business has a 50 day moving average price of $84.89 and a 200 day moving average price of $102.96. 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 Co. has a twelve month low of $73.72 and a twelve month high of $135.49. The company has a market cap of $4.44 billion, a price-to-earnings ratio of -13.63 and a beta of 1.20.

Whirlpool (NYSE:WHR - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The company reported $1.70 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.03. The business had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.67 billion. Whirlpool had a positive return on equity of 21.89% and a negative net margin of 1.95%. Whirlpool's revenue was down 19.4% compared to the same quarter last year. During the same period last year, the firm posted $1.78 earnings per share. Equities research analysts forecast that Whirlpool Co. will post 9.52 earnings per share for the current fiscal year.

Whirlpool Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Sunday, June 15th. Shareholders of record on Friday, May 16th will be given a $1.75 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $7.00 dividend on an annualized basis and a yield of 8.76%. Whirlpool's dividend payout ratio is currently 5,000.00%.

Whirlpool 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.