Aquatic Capital Management LLC Has $1.20 Million Stock Holdings in Whirlpool Co. (NYSE:WHR)

Aquatic Capital Management LLC decreased its stake in shares of Whirlpool Co. (NYSE:WHR - Free Report) by 62.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 10,476 shares of the company's stock after selling 17,424 shares during the period. Aquatic Capital Management LLC's holdings in Whirlpool were worth $1,199,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Private Advisor Group LLC grew its holdings in Whirlpool by 99.0% during the fourth quarter. Private Advisor Group LLC now owns 10,709 shares of the company's stock valued at $1,226,000 after purchasing an additional 5,328 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Whirlpool by 54.0% during the 4th quarter. Bank of New York Mellon Corp now owns 636,937 shares of the company's stock worth $72,917,000 after buying an additional 223,232 shares during the period. Delta Financial Group Inc. acquired a new position in Whirlpool in the 4th quarter valued at $343,000. First Dallas Securities Inc. raised its holdings in Whirlpool by 99.4% in the 4th quarter. First Dallas Securities Inc. now owns 8,125 shares of the company's stock worth $930,000 after acquiring an additional 4,050 shares during the period. Finally, Steward Partners Investment Advisory LLC lifted its position in Whirlpool by 1,188.2% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,805 shares of the company's stock worth $550,000 after acquiring an additional 4,432 shares during the last quarter. 90.78% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

WHR has been the topic of several research analyst reports. StockNews.com downgraded 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 report on Monday, April 28th. Finally, The Goldman Sachs Group upped their price target on Whirlpool from $125.00 to $138.00 and gave the stock a "buy" rating in a report on Tuesday, January 14th. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $101.00.

Whirlpool Stock Performance

Shares of NYSE WHR traded down $0.59 during mid-day trading on Monday, hitting $77.28. The company had a trading volume of 210,773 shares, compared to its average volume of 1,179,244. The firm has a market cap of $4.30 billion, a P/E ratio of -13.19 and a beta of 1.31. 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 12 month low of $73.72 and a 12 month high of $135.49. The business's 50-day simple moving average is $87.05 and its 200-day simple moving average is $103.84.

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

Whirlpool Dividend Announcement

The company also recently declared 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 9.06%. Whirlpool's dividend payout ratio (DPR) is presently 5,000.00%.

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.