Deprince Race & Zollo Inc. trimmed its position in Whirlpool Co. (NYSE:WHR - Free Report) by 21.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 210,460 shares of the company's stock after selling 58,395 shares during the period. Deprince Race & Zollo Inc. owned approximately 0.38% of Whirlpool worth $24,093,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brown Lisle Cummings Inc. bought a new stake in Whirlpool in the 4th quarter valued at about $27,000. SBI Securities Co. Ltd. bought a new stake in Whirlpool during the 4th quarter worth approximately $30,000. GAMMA Investing LLC increased its holdings in Whirlpool by 323.1% during the 4th quarter. GAMMA Investing LLC now owns 275 shares of the company's stock worth $31,000 after purchasing an additional 210 shares in the last quarter. Nemes Rush Group LLC increased its holdings in Whirlpool by 79.1% during 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 in the last quarter. Finally, Bogart Wealth LLC increased its holdings in Whirlpool by 113.6% during the 4th quarter. Bogart Wealth LLC now owns 282 shares of the company's stock worth $32,000 after purchasing an additional 150 shares in the last quarter. 90.78% of the stock is owned by institutional investors.
Whirlpool Stock Performance
WHR traded up $3.56 during trading on Monday, hitting $83.59. 1,459,469 shares of the company traded hands, compared to its average volume of 1,057,547. The firm has a market cap of $4.65 billion, a P/E ratio of -14.26 and a beta of 1.20. The stock's fifty day moving average is $84.89 and its 200 day moving average is $102.91. The company has a quick ratio of 0.44, a current ratio of 0.72 and a debt-to-equity ratio of 1.62. Whirlpool Co. has a one year low of $73.72 and a one year high of $135.49.
Whirlpool (NYSE:WHR - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The company reported $1.70 EPS 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 the consensus estimate 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 for the quarter was down 19.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.78 earnings per share. As a group, equities analysts predict that Whirlpool Co. will post 9.52 EPS for the current fiscal year.
Whirlpool Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Sunday, June 15th. Investors of record on Friday, May 16th will be paid 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 8.37%. Whirlpool's dividend payout ratio is presently 5,000.00%.
Wall Street Analyst Weigh In
A number of brokerages have commented on WHR. JPMorgan Chase & Co. decreased their price objective on Whirlpool from $109.00 to $89.00 and set a "neutral" rating for the company in a report on Monday, April 28th. StockNews.com lowered Whirlpool from a "hold" rating to a "sell" rating in a report on Friday, April 25th. Finally, The Goldman Sachs Group boosted their price objective 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 given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, Whirlpool currently has an average rating of "Hold" and a consensus target price of $101.00.
Check Out Our Latest Stock Report on Whirlpool
About Whirlpool
(
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.
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