Financial Sense Advisors Inc. Sells 17,911 Shares of Whirlpool Corporation (NYSE:WHR)

Financial Sense Advisors Inc. lessened its holdings in shares of Whirlpool Corporation (NYSE:WHR - Free Report) by 18.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 80,705 shares of the company's stock after selling 17,911 shares during the quarter. Whirlpool makes up 2.0% of Financial Sense Advisors Inc.'s portfolio, making the stock its 12th largest holding. Financial Sense Advisors Inc. owned 0.15% of Whirlpool worth $7,274,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Allianz Asset Management GmbH boosted its stake in shares of Whirlpool by 44.7% during the 1st quarter. Allianz Asset Management GmbH now owns 132,137 shares of the company's stock valued at $11,910,000 after buying an additional 40,838 shares during the last quarter. J.W. Cole Advisors Inc. bought a new position in Whirlpool during the 1st quarter worth approximately $1,594,000. Members Advisory Group LLC grew its position in Whirlpool by 4.7% during the first quarter. Members Advisory Group LLC now owns 5,847 shares of the company's stock valued at $527,000 after buying an additional 264 shares during the period. Kingsview Wealth Management LLC raised its stake in shares of Whirlpool by 30.1% during the first quarter. Kingsview Wealth Management LLC now owns 3,039 shares of the company's stock worth $274,000 after acquiring an additional 704 shares in the last quarter. Finally, Napatree Capital LLC boosted its holdings in shares of Whirlpool by 13.4% during the 1st quarter. Napatree Capital LLC now owns 3,110 shares of the company's stock valued at $280,000 after buying an additional 368 shares in the last quarter. 90.78% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

WHR has been the topic of a number of research analyst reports. Royal Bank Of Canada decreased their target price on Whirlpool from $81.00 to $65.00 and set an "underperform" rating on the stock in a research report on Friday, April 25th. Longbow Research upgraded shares of Whirlpool from a "neutral" rating to a "buy" rating and set a $145.00 target price on the stock in a research report on Monday, June 30th. Wall Street Zen upgraded shares of Whirlpool from a "sell" rating to a "hold" rating in a research note on Sunday, June 22nd. Bank of America upgraded shares of Whirlpool from an "underperform" rating to a "neutral" rating and boosted their target price for the company from $68.00 to $94.00 in a research report on Friday, June 13th. Finally, JPMorgan Chase & Co. lowered their price target 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. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $108.40.

Whirlpool Stock Performance

NYSE:WHR opened at $94.47 on Tuesday. The company has a current ratio of 0.72, a quick ratio of 0.40 and a debt-to-equity ratio of 1.71. Whirlpool Corporation has a twelve month low of $73.72 and a twelve month high of $135.49. The company has a market cap of $5.25 billion, a P/E ratio of 672.86 and a beta of 1.25. The company's 50-day moving average price is $91.19 and its 200-day moving average price is $95.36.

Whirlpool (NYSE:WHR - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The company reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.67 by $0.03. Whirlpool had a net margin of 0.04% and a return on equity of 21.38%. The company had revenue of $3.62 billion for the quarter, compared to analysts' expectations of $3.67 billion. During the same period last year, the company earned $1.78 EPS. The firm's revenue for the quarter was down 19.4% compared to the same quarter last year. On average, sell-side analysts forecast that Whirlpool Corporation will post 9.52 earnings per share for the current fiscal year.

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.

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