Greenleaf Trust Grows Position in Whirlpool Corporation (NYSE:WHR)

Greenleaf Trust increased its position in Whirlpool Corporation (NYSE:WHR - Free Report) by 127.8% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,584 shares of the company's stock after purchasing an additional 3,133 shares during the quarter. Greenleaf Trust's holdings in Whirlpool were worth $503,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Nemes Rush Group LLC raised its stake in Whirlpool by 79.1% during the fourth quarter. Nemes Rush Group LLC now owns 274 shares of the company's stock valued at $31,000 after buying an additional 121 shares during the last quarter. TD Waterhouse Canada Inc. raised its stake in Whirlpool by 120.7% during the fourth quarter. TD Waterhouse Canada Inc. now owns 320 shares of the company's stock valued at $37,000 after buying an additional 175 shares during the last quarter. UMB Bank n.a. raised its stake in Whirlpool by 40.4% during 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 during the last quarter. Manitou Investment Management Ltd. purchased a new position in Whirlpool during the first quarter valued at $50,000. Finally, Anderson Financial Strategies LLC purchased a new position in Whirlpool during the fourth quarter valued at $54,000. Hedge funds and other institutional investors own 90.78% of the company's stock.

Whirlpool Stock Up 0.2%

Whirlpool stock opened at $108.68 on Friday. The stock has a market cap of $6.04 billion, a PE ratio of 776.26 and a beta of 1.25. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.40 and a current ratio of 0.72. Whirlpool Corporation has a one year low of $73.72 and a one year high of $135.49. The stock has a fifty day moving average of $89.13 and a 200 day moving average of $96.20.

Whirlpool (NYSE:WHR - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The company reported $1.70 EPS for the quarter, topping analysts' consensus estimates of $1.67 by $0.03. The business had revenue of $3.62 billion during the quarter, compared to analysts' expectations of $3.67 billion. Whirlpool had a return on equity of 21.38% and a net margin of 0.04%. The business's quarterly revenue was down 19.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.78 earnings per share. As a group, sell-side analysts predict that Whirlpool Corporation will post 9.52 EPS for the current year.

Whirlpool Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Sunday, June 15th. Shareholders of record on Friday, May 16th were given a $1.75 dividend. This represents a $7.00 dividend on an annualized basis and a yield of 6.44%. The ex-dividend date of this dividend was Friday, May 16th. Whirlpool's payout ratio is 5,000.00%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on WHR shares. JPMorgan Chase & Co. decreased their price target on Whirlpool from $109.00 to $89.00 and set a "neutral" rating for the company in a research note on Monday, April 28th. Wall Street Zen upgraded Whirlpool from a "sell" rating to a "hold" rating in a research note on Sunday, June 22nd. Longbow Research upgraded Whirlpool from a "neutral" rating to a "buy" rating and set a $145.00 price target for the company in a research note on Monday, June 30th. Royal Bank Of Canada decreased their price target on Whirlpool from $81.00 to $65.00 and set an "underperform" rating for the company in a research note on Friday, April 25th. Finally, Bank of America upgraded Whirlpool from an "underperform" rating to a "neutral" rating and boosted their price target for the stock from $68.00 to $94.00 in a research note on Friday, June 13th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $108.40.

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.

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