Whirlpool Corporation (NYSE:WHR) Shares Sold by Cwm LLC

CWM LLC lowered its position in Whirlpool Corporation (NYSE:WHR - Free Report) by 39.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,536 shares of the company's stock after selling 4,205 shares during the period. CWM LLC's holdings in Whirlpool were worth $589,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Greatmark Investment Partners Inc. grew its position in shares of Whirlpool by 12.6% in the 1st quarter. Greatmark Investment Partners Inc. now owns 63,275 shares of the company's stock worth $5,703,000 after buying an additional 7,080 shares during the last quarter. Louisiana State Employees Retirement System grew its position in Whirlpool by 1.3% during the 1st quarter. Louisiana State Employees Retirement System now owns 15,500 shares of the company's stock worth $1,397,000 after purchasing an additional 200 shares during the last quarter. Stephens Inc. AR purchased a new stake in Whirlpool during the 1st quarter worth approximately $564,000. New York State Common Retirement Fund grew its position in Whirlpool by 116.8% during the 1st quarter. New York State Common Retirement Fund now owns 51,278 shares of the company's stock worth $4,622,000 after purchasing an additional 27,623 shares during the last quarter. Finally, Harmony Asset Management LLC grew its position in Whirlpool by 17.6% during the 1st quarter. Harmony Asset Management LLC now owns 7,359 shares of the company's stock worth $663,000 after purchasing an additional 1,100 shares during the last quarter. Hedge funds and other institutional investors own 90.78% of the company's stock.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Wall Street Zen downgraded shares of Whirlpool from a "hold" rating to a "sell" rating in a research report on Saturday. Bank of America raised shares of Whirlpool from an "underperform" rating to a "neutral" rating and increased their price target for the stock from $68.00 to $94.00 in a report on Friday, June 13th. Longbow Research raised shares of Whirlpool from a "neutral" rating to a "buy" rating and set a $145.00 price target on the stock in a report on Monday, June 30th. Royal Bank Of Canada lowered their price target on shares of Whirlpool from $81.00 to $65.00 and set an "underperform" rating on the stock in a report on Friday, April 25th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Whirlpool from $109.00 to $89.00 and set a "neutral" rating on the stock in a report on Monday, April 28th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $108.40.

Whirlpool Price Performance

NYSE:WHR traded up $1.09 during trading hours on Friday, reaching $99.71. 795,111 shares of the company were exchanged, compared to its average volume of 1,310,095. The company has a current ratio of 0.72, a quick ratio of 0.40 and a debt-to-equity ratio of 1.71. The stock's 50-day moving average is $92.58 and its 200-day moving average is $94.91. The firm has a market cap of $5.54 billion, a PE ratio of 712.20 and a beta of 1.25. Whirlpool Corporation has a twelve month low of $73.72 and a twelve month high of $135.49.

Whirlpool (NYSE:WHR - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The company reported $1.70 earnings per share for the quarter, topping analysts' consensus estimates of $1.67 by $0.03. The company had revenue of $3.62 billion during the quarter, compared to analysts' expectations of $3.67 billion. Whirlpool had a net margin of 0.04% and a return on equity of 21.38%. The firm's revenue for the quarter was down 19.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.78 earnings per share. On average, sell-side analysts anticipate that Whirlpool Corporation will post 9.52 earnings per share for the current fiscal year.

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.