Whirlpool Co. (NYSE:WHR) Shares Bought by CANADA LIFE ASSURANCE Co

CANADA LIFE ASSURANCE Co raised its position in shares of Whirlpool Co. (NYSE:WHR - Free Report) by 9.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,666 shares of the company's stock after buying an additional 3,901 shares during the quarter. CANADA LIFE ASSURANCE Co owned about 0.08% of Whirlpool worth $5,228,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in Whirlpool by 0.6% during the fourth 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 during the period. Charles Schwab Investment Management Inc. lifted 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 purchasing an additional 98,444 shares during the last quarter. FMR LLC grew its holdings in shares of Whirlpool by 57.3% in the fourth quarter. FMR LLC now owns 1,808,744 shares of the company's stock worth $207,065,000 after purchasing an additional 659,014 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Whirlpool by 3.8% during the 4th quarter. Geode Capital Management LLC now owns 937,637 shares of the company's stock valued at $107,374,000 after buying an additional 34,471 shares in the last quarter. Finally, Norges Bank purchased a new stake in Whirlpool in the 4th quarter valued at about $73,468,000. 90.78% of the stock is owned by institutional investors.

Whirlpool Stock Down 0.6 %

Shares of Whirlpool stock traded down $0.44 during trading hours on Tuesday, hitting $76.63. The company had a trading volume of 299,058 shares, compared to its average volume of 1,048,094. Whirlpool Co. has a twelve month low of $75.03 and a twelve month 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. The company has a market cap of $4.24 billion, a P/E ratio of -13.09 and a beta of 1.31. The company's 50-day moving average is $89.25 and its two-hundred day moving average is $104.61.

Whirlpool (NYSE:WHR - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The company reported $1.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 negative net margin of 1.95% and a positive return on equity of 21.89%. The business's revenue was down 19.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.78 earnings per share. Analysts anticipate that Whirlpool Co. will post 9.52 earnings per share for the current fiscal year.

Whirlpool Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Sunday, June 15th. Stockholders of record on Friday, May 16th will be issued a $1.75 dividend. The ex-dividend date is Friday, May 16th. This represents a $7.00 dividend on an annualized basis and a dividend yield of 9.14%. Whirlpool's dividend payout ratio is presently 5,000.00%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on WHR shares. JPMorgan Chase & Co. dropped their price target on Whirlpool from $109.00 to $89.00 and set a "neutral" rating on the stock in a research report on Monday. The Goldman Sachs Group lifted their target price on shares of Whirlpool from $125.00 to $138.00 and gave the company a "buy" rating in a research report on Tuesday, January 14th. Finally, StockNews.com cut Whirlpool from a "hold" rating to a "sell" rating in a research note on Friday. Three analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, Whirlpool presently has a consensus rating of "Hold" and a consensus target price of $101.00.

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.