Nomura Holdings Inc. Invests $838,000 in Whirlpool Co. (NYSE:WHR)

Nomura Holdings Inc. purchased a new position in shares of Whirlpool Co. (NYSE:WHR - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 7,316 shares of the company's stock, valued at approximately $838,000.

A number of other hedge funds also recently modified their holdings of the business. Diversify Advisory Services LLC bought a new position in shares of Whirlpool during the fourth quarter worth about $231,000. UMB Bank n.a. grew its holdings in shares of Whirlpool by 56.4% during the fourth quarter. UMB Bank n.a. now owns 319 shares of the company's stock worth $37,000 after buying an additional 115 shares in the last quarter. Atomi Financial Group Inc. bought a new position in shares of Whirlpool during the fourth quarter worth about $229,000. Advisory Alpha LLC grew its holdings in shares of Whirlpool by 4.8% during the fourth quarter. Advisory Alpha LLC now owns 2,215 shares of the company's stock worth $254,000 after buying an additional 102 shares in the last quarter. Finally, IVC Wealth Advisors LLC bought a new position in shares of Whirlpool during the fourth quarter worth about $236,000. Institutional investors and hedge funds own 90.78% of the company's stock.

Whirlpool Stock Down 0.6%

WHR stock opened at $82.21 on Tuesday. The company has a quick ratio of 0.44, a current ratio of 0.72 and a debt-to-equity ratio of 1.62. The business has a 50 day moving average price of $83.72 and a two-hundred day moving average price of $102.06. The company has a market cap of $4.57 billion, a price-to-earnings ratio of -14.03 and a beta of 1.20. Whirlpool Co. has a twelve month low of $73.72 and a twelve month high of $135.49.

Whirlpool (NYSE:WHR - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The company reported $1.70 EPS for the quarter, topping the consensus estimate of $1.67 by $0.03. Whirlpool had a positive return on equity of 21.89% and a negative net margin of 1.95%. The company had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.67 billion. During the same period in the previous year, the company posted $1.78 EPS. The firm's revenue for the quarter was down 19.4% compared to the same quarter last year. Analysts anticipate that Whirlpool Co. will post 9.52 EPS for the current fiscal year.

Whirlpool Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Sunday, June 15th. Stockholders of record on Friday, May 16th will be paid a dividend of $1.75 per share. The ex-dividend date of this dividend is Friday, May 16th. This represents a $7.00 annualized dividend and a dividend yield of 8.51%. Whirlpool's dividend payout ratio is currently 5,000.00%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on WHR shares. 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 downgraded Whirlpool from a "hold" rating to a "sell" rating in a research note on Friday, April 25th. 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. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target 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.

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