UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Increases Position in Whirlpool Co. (NYSE:WHR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Whirlpool Co. (NYSE:WHR - Free Report) by 13.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 186,923 shares of the company's stock after purchasing an additional 22,171 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.34% of Whirlpool worth $21,399,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Brown Lisle Cummings Inc. purchased a new position in Whirlpool in the 4th quarter worth $27,000. SBI Securities Co. Ltd. purchased a new position in Whirlpool in the 4th quarter worth $30,000. Nemes Rush Group LLC raised its position in Whirlpool by 79.1% in the 4th quarter. Nemes Rush Group LLC now owns 274 shares of the company's stock worth $31,000 after purchasing an additional 121 shares during the period. Bogart Wealth LLC raised its position in Whirlpool by 113.6% in the 4th quarter. Bogart Wealth LLC now owns 282 shares of the company's stock worth $32,000 after purchasing an additional 150 shares during the period. Finally, HHM Wealth Advisors LLC raised its position in Whirlpool by 216.0% in the 4th quarter. HHM Wealth Advisors LLC now owns 316 shares of the company's stock worth $36,000 after purchasing an additional 216 shares during the period. Hedge funds and other institutional investors own 90.78% of the company's stock.

Whirlpool Trading Up 0.6%

Shares of WHR stock traded up $0.50 during mid-day trading on Thursday, reaching $78.64. The stock had a trading volume of 856,735 shares, compared to its average volume of 1,034,836. The stock's 50-day moving average price is $81.72 and its two-hundred day moving average price is $100.73. Whirlpool Co. has a 52-week low of $73.72 and a 52-week high of $135.49. The firm has a market capitalization of $4.37 billion, a PE ratio of -13.42 and a beta of 1.20. The company has a current ratio of 0.72, a quick ratio of 0.44 and a debt-to-equity ratio of 1.62.

Whirlpool (NYSE:WHR - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The company reported $1.70 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.67 by $0.03. Whirlpool had a negative net margin of 1.95% and a positive return on equity of 21.89%. The firm had revenue of $3.62 billion for the quarter, compared to analysts' expectations of $3.67 billion. During the same quarter in the previous year, the company earned $1.78 earnings per share. The company's revenue for the quarter was down 19.4% compared to the same quarter last year. Equities analysts expect that Whirlpool Co. will post 9.52 earnings per share for the current fiscal year.

Whirlpool Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Sunday, June 15th. Investors of record on Friday, May 16th will be given a dividend of $1.75 per share. This represents a $7.00 annualized dividend and a dividend yield of 8.90%. The ex-dividend date of this dividend is Friday, May 16th. Whirlpool's dividend payout ratio is currently 5,000.00%.

Analysts Set New Price Targets

A number of equities analysts recently commented on WHR shares. Wall Street Zen cut shares of Whirlpool from a "hold" rating to a "sell" rating in a research report on Friday, April 25th. JPMorgan Chase & Co. decreased their price objective 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. Three investment 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. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $101.00.

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.