Whirlpool Co. (NYSE:WHR) is Tabor Asset Management LP's 9th Largest Position

Tabor Asset Management LP increased its holdings in Whirlpool Co. (NYSE:WHR - Free Report) by 47.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 70,473 shares of the company's stock after purchasing an additional 22,782 shares during the quarter. Whirlpool makes up approximately 3.8% of Tabor Asset Management LP's holdings, making the stock its 9th largest holding. Tabor Asset Management LP owned about 0.13% of Whirlpool worth $8,068,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Private Advisor Group LLC boosted its position in shares of Whirlpool by 99.0% during the fourth quarter. Private Advisor Group LLC now owns 10,709 shares of the company's stock valued at $1,226,000 after purchasing an additional 5,328 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Whirlpool by 54.0% during the fourth quarter. Bank of New York Mellon Corp now owns 636,937 shares of the company's stock valued at $72,917,000 after purchasing an additional 223,232 shares during the last quarter. Delta Financial Group Inc. bought a new position in shares of Whirlpool during the 4th quarter valued at $343,000. First Dallas Securities Inc. boosted its position in Whirlpool by 99.4% in the fourth quarter. First Dallas Securities Inc. now owns 8,125 shares of the company's stock worth $930,000 after purchasing an additional 4,050 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC raised its position in Whirlpool by 1,188.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,805 shares of the company's stock worth $550,000 after acquiring an additional 4,432 shares during the period. Hedge funds and other institutional investors own 90.78% of the company's stock.

Whirlpool Stock Performance

Shares of NYSE WHR traded up $0.60 during midday trading on Thursday, reaching $77.80. 952,098 shares of the stock were exchanged, compared to its average volume of 1,046,649. The firm has a 50-day simple moving average of $83.31 and a two-hundred day simple moving average of $101.75. Whirlpool Co. has a twelve month low of $73.72 and a twelve month high of $135.49. The firm has a market cap of $4.33 billion, a price-to-earnings ratio of -13.28 and a beta of 1.20. 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 (NYSE:WHR - Get Free Report) last posted its quarterly earnings data 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 analyst estimates of $3.67 billion. During the same period in the previous year, the business earned $1.78 EPS. Whirlpool's quarterly revenue was down 19.4% on a year-over-year basis. As a group, analysts anticipate that Whirlpool Co. will post 9.52 EPS for the current fiscal year.

Whirlpool Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, June 15th. Investors of record on Friday, May 16th will be issued a $1.75 dividend. This represents a $7.00 dividend on an annualized basis and a yield of 9.00%. The ex-dividend date of this dividend is Friday, May 16th. Whirlpool's dividend payout ratio is presently 5,000.00%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. JPMorgan Chase & Co. cut their price objective 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 downgraded Whirlpool from a "hold" rating to a "sell" rating in a research report on Friday, April 25th. Three investment analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, Whirlpool currently has a consensus rating of "Hold" and a consensus target price of $101.00.

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.