Maple Rock Capital Partners Inc. Makes New $9.22 Million Investment in Whirlpool Co. (NYSE:WHR)

Maple Rock Capital Partners Inc. acquired a new position in shares of Whirlpool Co. (NYSE:WHR - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 80,500 shares of the company's stock, valued at approximately $9,216,000. Maple Rock Capital Partners Inc. owned about 0.15% of Whirlpool as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Savant Capital LLC grew its holdings in shares of Whirlpool by 3.8% during the fourth quarter. Savant Capital LLC now owns 2,406 shares of the company's stock worth $275,000 after purchasing an additional 89 shares during the last quarter. Allworth Financial LP boosted its stake in shares of Whirlpool by 17.3% during the fourth quarter. Allworth Financial LP now owns 664 shares of the company's stock worth $76,000 after buying an additional 98 shares during the period. Louisiana State Employees Retirement System boosted its stake in shares of Whirlpool by 0.7% during the fourth quarter. Louisiana State Employees Retirement System now owns 15,300 shares of the company's stock worth $1,752,000 after buying an additional 100 shares during the period. State of Michigan Retirement System boosted its stake in shares of Whirlpool by 0.8% during the fourth quarter. State of Michigan Retirement System now owns 13,100 shares of the company's stock worth $1,500,000 after buying an additional 100 shares during the period. Finally, HM Payson & Co. boosted its stake in shares of Whirlpool by 2.9% during the fourth quarter. HM Payson & Co. now owns 3,523 shares of the company's stock worth $403,000 after buying an additional 100 shares during the period. Hedge funds and other institutional investors own 90.78% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on WHR. JPMorgan Chase & Co. decreased their target price on shares of Whirlpool from $109.00 to $89.00 and set a "neutral" rating for the company in a research note on Monday. StockNews.com downgraded shares of Whirlpool from a "hold" rating to a "sell" rating in a research note on Friday, April 25th. Finally, The Goldman Sachs Group raised their price objective on shares of Whirlpool from $125.00 to $138.00 and gave the company a "buy" rating in a research report on Tuesday, January 14th. Three investment analysts have rated the stock with a sell rating, one has assigned a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $101.00.

Whirlpool Price Performance

Shares of NYSE:WHR opened at $75.71 on Friday. The company has a quick ratio of 0.44, a current ratio of 0.72 and a debt-to-equity ratio of 1.62. The company has a market cap of $4.21 billion, a P/E ratio of -12.92 and a beta of 1.31. Whirlpool Co. has a 52 week low of $73.72 and a 52 week high of $135.49. The company has a 50-day moving average price of $87.58 and a 200 day moving average price of $104.03.

Whirlpool (NYSE:WHR - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The company reported $1.70 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 during the quarter, compared to the consensus estimate of $3.67 billion. During the same quarter last year, the firm earned $1.78 earnings per share. The firm's revenue was down 19.4% compared to the same quarter last year. Research analysts predict that Whirlpool Co. will post 9.52 earnings per share for the current year.

Whirlpool Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Sunday, June 15th. Shareholders of record on Friday, May 16th will be issued a dividend of $1.75 per share. The ex-dividend date is Friday, May 16th. This represents a $7.00 annualized dividend and a yield of 9.25%. Whirlpool's dividend payout ratio (DPR) is currently 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.

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