Vanguard Group Inc. Sells 32,807 Shares of Whirlpool Corporation (NYSE:WHR)

Vanguard Group Inc. cut its holdings in Whirlpool Corporation (NYSE:WHR - Free Report) by 0.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,503,311 shares of the company's stock after selling 32,807 shares during the quarter. Vanguard Group Inc. owned about 9.90% of Whirlpool worth $496,013,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cheviot Value Management LLC bought a new position in Whirlpool in the first quarter valued at approximately $36,000. TD Waterhouse Canada Inc. boosted its stake in Whirlpool by 120.7% in the fourth quarter. TD Waterhouse Canada Inc. now owns 320 shares of the company's stock valued at $37,000 after acquiring an additional 175 shares during the last quarter. UMB Bank n.a. boosted its position in shares of Whirlpool by 40.4% during the first quarter. UMB Bank n.a. now owns 448 shares of the company's stock worth $40,000 after purchasing an additional 129 shares in the last quarter. Manitou Investment Management Ltd. bought a new position in shares of Whirlpool during the first quarter worth $50,000. Finally, HHM Wealth Advisors LLC boosted its position in shares of Whirlpool by 77.2% during the first quarter. HHM Wealth Advisors LLC now owns 560 shares of the company's stock worth $50,000 after purchasing an additional 244 shares in the last quarter. 90.78% of the stock is owned by institutional investors.

Whirlpool Trading Down 1.1%

Shares of NYSE:WHR opened at $89.22 on Friday. Whirlpool Corporation has a 12 month low of $73.72 and a 12 month high of $135.49. The company has a quick ratio of 0.46, a current ratio of 0.85 and a debt-to-equity ratio of 2.39. The company's fifty day simple moving average is $94.28 and its 200 day simple moving average is $91.07. The firm has a market cap of $4.99 billion, a price-to-earnings ratio of -33.67 and a beta of 1.17.

Whirlpool (NYSE:WHR - Get Free Report) last issued its quarterly earnings data on Monday, July 28th. The company reported $1.34 EPS for the quarter, missing analysts' consensus estimates of $1.54 by ($0.20). Whirlpool had a positive return on equity of 20.81% and a negative net margin of 0.95%. The company had revenue of $3.77 billion for the quarter, compared to analyst estimates of $3.88 billion. During the same quarter in the previous year, the business earned $2.39 earnings per share. The company's revenue was down 5.4% on a year-over-year basis. As a group, research analysts forecast that Whirlpool Corporation will post 9.52 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on WHR shares. Loop Capital reissued a "hold" rating and set a $88.00 price target on shares of Whirlpool in a research report on Monday, August 4th. JPMorgan Chase & Co. reduced their price target on shares of Whirlpool from $109.00 to $89.00 and set a "neutral" rating on the stock in a research report on Monday, April 28th. Bank of America reissued an "underperform" rating and set a $70.00 price target (down from $100.00) on shares of Whirlpool in a research report on Tuesday, July 29th. Royal Bank Of Canada reduced their price target on shares of Whirlpool from $65.00 to $63.00 and set an "underperform" rating on the stock in a research report on Wednesday, July 30th. Finally, Wall Street Zen cut shares of Whirlpool from a "hold" rating to a "sell" rating in a research report on Saturday, July 26th. Three research analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $98.83.

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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