Whirlpool Co. (NYSE:WHR) Shares Sold by Teza Capital Management LLC

Teza Capital Management LLC lowered its stake in shares of Whirlpool Co. (NYSE:WHR - Free Report) by 55.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 8,379 shares of the company's stock after selling 10,507 shares during the period. Teza Capital Management LLC's holdings in Whirlpool were worth $959,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Tang Capital Management LLC purchased a new position in Whirlpool during the fourth quarter valued at approximately $974,000. Seven Six Capital Management LLC acquired a new stake in shares of Whirlpool during the 4th quarter worth approximately $3,761,000. Quantinno Capital Management LP increased its holdings in shares of Whirlpool by 45.6% during the 4th quarter. Quantinno Capital Management LP now owns 6,111 shares of the company's stock valued at $700,000 after purchasing an additional 1,914 shares in the last quarter. Nomura Holdings Inc. acquired a new position in shares of Whirlpool in the 4th quarter valued at $838,000. Finally, Nuveen Asset Management LLC boosted its holdings in Whirlpool by 19.8% during the fourth quarter. Nuveen Asset Management LLC now owns 1,208,741 shares of the company's stock worth $138,377,000 after buying an additional 199,663 shares in the last quarter. Institutional investors and hedge funds own 90.78% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on WHR. Wall Street Zen downgraded shares of Whirlpool from a "hold" rating to a "sell" rating in a research report on Friday, April 25th. 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 report on Monday, April 28th. Three investment analysts have rated the stock with a sell rating, one has assigned a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat.com, Whirlpool currently has a consensus rating of "Hold" and a consensus price target of $101.00.

Whirlpool Price Performance

Whirlpool stock traded up $0.60 during midday trading on Thursday, reaching $77.80. The company had a trading volume of 952,098 shares, compared to its average volume of 1,046,649. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.72 and a quick ratio of 0.44. Whirlpool Co. has a 12-month low of $73.72 and a 12-month high of $135.49. The company has a market capitalization of $4.33 billion, a P/E ratio of -13.28 and a beta of 1.20. The firm's fifty day simple moving average is $83.31 and its 200-day simple moving average is $101.75.

Whirlpool (NYSE:WHR - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The company reported $1.70 EPS for the quarter, beating 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 positive return on equity of 21.89% and a negative net margin of 1.95%. The business's revenue was down 19.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.78 earnings per share. As a group, equities analysts anticipate that Whirlpool Co. will post 9.52 EPS for the current year.

Whirlpool Dividend Announcement

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 given a $1.75 dividend. This represents a $7.00 dividend on an annualized basis and a dividend yield of 9.00%. The ex-dividend date of this dividend is Friday, May 16th. Whirlpool's dividend payout ratio (DPR) is 5,000.00%.

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.