Whirlpool Corporation (NYSE:WHR) Shares Acquired by Avantax Advisory Services Inc.

Key Points

• Avantax Advisory Services Inc. increased its holdings in Whirlpool Corporation by 82.8%, acquiring 4,981 additional shares, bringing its total to 10,995 shares valued at approximately $991,000.
• Whirlpool's recent earnings report showed an EPS of $1.34, missing analysts' estimates, and revenue decline of 5.4% year-over-year at $3.77 billion.
• Brokerages have issued mixed ratings on Whirlpool, with target prices ranging from $63.00 to $145.00, indicating varied perspectives on the company's market performance.

Avantax Advisory Services Inc. increased its holdings in Whirlpool Corporation (NYSE:WHR - Free Report) by 82.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,995 shares of the company's stock after buying an additional 4,981 shares during the period. Avantax Advisory Services Inc.'s holdings in Whirlpool were worth $991,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. TD Waterhouse Canada Inc. boosted its position in Whirlpool by 120.7% in the 4th quarter. TD Waterhouse Canada Inc. now owns 320 shares of the company's stock worth $37,000 after purchasing an additional 175 shares in the last quarter. UMB Bank n.a. increased its holdings in Whirlpool by 40.4% in the first quarter. UMB Bank n.a. now owns 448 shares of the company's stock valued at $40,000 after buying an additional 129 shares in the last quarter. Anderson Financial Strategies LLC acquired a new position in shares of Whirlpool in the fourth quarter worth about $54,000. GeoWealth Management LLC boosted its stake in shares of Whirlpool by 49.1% during the 4th quarter. GeoWealth Management LLC now owns 495 shares of the company's stock worth $57,000 after acquiring an additional 163 shares in the last quarter. Finally, Manitou Investment Management Ltd. acquired a new position in Whirlpool in the 1st quarter worth about $50,000. Hedge funds and other institutional investors own 90.78% of the company's stock.

Whirlpool Trading Up 0.7%

NYSE:WHR traded up $0.60 on Monday, reaching $83.27. 1,506,265 shares of the company's stock were exchanged, compared to its average volume of 1,360,401. The business has a fifty day moving average of $93.29 and a 200-day moving average of $93.44. The company has a quick ratio of 0.46, a current ratio of 0.85 and a debt-to-equity ratio of 2.39. Whirlpool Corporation has a 52-week low of $73.72 and a 52-week high of $135.49. The firm has a market capitalization of $4.65 billion, a price-to-earnings ratio of -31.42 and a beta of 1.17.

Whirlpool (NYSE:WHR - Get Free Report) last posted its quarterly earnings results on Monday, July 28th. The company reported $1.34 EPS for the quarter, missing the consensus estimate of $1.54 by ($0.20). The business had revenue of $3.77 billion during the quarter, compared to analyst estimates of $3.88 billion. Whirlpool had a positive return on equity of 20.81% and a negative net margin of 0.95%. The business's revenue was down 5.4% on a year-over-year basis. During the same quarter last year, the firm earned $2.39 EPS. As a group, analysts expect that Whirlpool Corporation will post 9.52 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have commented on WHR. Loop Capital reiterated a "hold" rating and issued a $88.00 price objective on shares of Whirlpool in a report on Monday. Wall Street Zen cut Whirlpool from a "hold" rating to a "sell" rating in a report on Saturday, July 26th. Longbow Research raised Whirlpool from a "neutral" rating to a "buy" rating and set a $145.00 target price for the company in a research note on Monday, June 30th. Bank of America reaffirmed an "underperform" rating and issued a $70.00 price target (down previously from $100.00) on shares of Whirlpool in a research note on Tuesday, July 29th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Whirlpool from $109.00 to $89.00 and set a "neutral" rating on the stock in a report on Monday, April 28th. Three research analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $98.83.

About Whirlpool

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.