Maple Rock Capital Partners Inc. purchased a new position in shares of Whirlpool Co. (NYSE:WHR - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 80,500 shares of the company's stock, valued at approximately $9,216,000. Maple Rock Capital Partners Inc. owned approximately 0.15% of Whirlpool at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of the company. Brown Lisle Cummings Inc. acquired a new position in shares of Whirlpool during the 4th quarter worth approximately $27,000. SBI Securities Co. Ltd. acquired a new position in shares of Whirlpool in the fourth quarter worth $30,000. Nemes Rush Group LLC increased its position in Whirlpool by 79.1% during 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 in the last quarter. GAMMA Investing LLC lifted its holdings in Whirlpool by 323.1% in the 4th quarter. GAMMA Investing LLC now owns 275 shares of the company's stock valued at $31,000 after purchasing an additional 210 shares in the last quarter. Finally, Bogart Wealth LLC boosted its stake in shares of Whirlpool by 113.6% during 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 last quarter. 90.78% of the stock is owned by hedge funds and other institutional investors.
Whirlpool Stock Down 0.1 %
WHR traded down $0.05 during trading on Wednesday, hitting $76.59. The company had a trading volume of 221,696 shares, compared to its average volume of 1,051,382. The company has a market cap of $4.26 billion, a PE ratio of -13.05 and a beta of 1.20. The business has a 50-day moving average of $85.99 and a 200-day moving average of $103.45. 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 1-year low of $73.72 and a 1-year high of $135.49.
Whirlpool (NYSE:WHR - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The company reported $1.70 earnings per share 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 business had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.67 billion. During the same quarter in the prior year, the firm earned $1.78 EPS. The company's revenue for the quarter was down 19.4% compared to the same quarter last year. As a group, analysts forecast that Whirlpool Co. will post 9.52 earnings per share for the current year.
Whirlpool Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 15th. Stockholders of record on Friday, May 16th will be issued a $1.75 dividend. This represents a $7.00 annualized dividend and a dividend yield of 9.14%. The ex-dividend date is Friday, May 16th. Whirlpool's dividend payout ratio (DPR) is presently 5,000.00%.
Analyst Upgrades and Downgrades
WHR has been the subject of several recent analyst reports. StockNews.com cut shares of Whirlpool from a "hold" rating to a "sell" rating in a research note on Friday, April 25th. The Goldman Sachs Group upped their target price on Whirlpool from $125.00 to $138.00 and gave the company a "buy" rating in a research note on Tuesday, January 14th. Finally, JPMorgan Chase & Co. decreased their price target on Whirlpool from $109.00 to $89.00 and set a "neutral" rating on the stock in a research note on Monday, April 28th. Three research analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, Whirlpool currently has a consensus rating of "Hold" and an average target price of $101.00.
Read Our Latest Stock Report on Whirlpool
About Whirlpool
(
Free Report)
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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