MGO One Seven LLC Purchases New Holdings in Whirlpool Co. (NYSE:WHR)

MGO One Seven LLC acquired a new position in Whirlpool Co. (NYSE:WHR - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,266 shares of the company's stock, valued at approximately $374,000.

A number of other large investors also recently modified their holdings of the stock. Savant Capital LLC lifted its stake in Whirlpool by 3.8% in the 4th quarter. Savant Capital LLC now owns 2,406 shares of the company's stock worth $275,000 after purchasing an additional 89 shares in the last quarter. Allworth Financial LP increased its holdings in shares of Whirlpool by 17.3% in the fourth quarter. Allworth Financial LP now owns 664 shares of the company's stock worth $76,000 after purchasing an additional 98 shares during the period. Westside Investment Management Inc. raised its position in shares of Whirlpool by 4.5% in the third quarter. Westside Investment Management Inc. now owns 2,345 shares of the company's stock worth $251,000 after buying an additional 100 shares in the last quarter. Louisiana State Employees Retirement System boosted its stake in Whirlpool by 0.7% during the fourth quarter. Louisiana State Employees Retirement System now owns 15,300 shares of the company's stock valued at $1,752,000 after buying an additional 100 shares during the period. Finally, State of Michigan Retirement System grew its position in 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 in the last quarter. Institutional investors own 90.78% of the company's stock.

Whirlpool Trading Up 2.8 %

Shares of WHR stock traded up $2.13 on Friday, hitting $77.84. 1,233,213 shares of the company's stock traded hands, compared to its average volume of 1,054,628. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.44 and a current ratio of 0.72. The stock has a market capitalization of $4.33 billion, a price-to-earnings ratio of -13.28 and a beta of 1.31. The company's fifty day simple moving average is $87.05 and its 200 day simple moving average is $103.84. Whirlpool Co. has a one year low of $73.72 and a one year high of $135.49.

Whirlpool (NYSE:WHR - Get Free Report) last released its earnings results 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 positive return on equity of 21.89% and a negative net margin of 1.95%. The company had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.67 billion. During the same quarter in the previous year, the company posted $1.78 EPS. Whirlpool's revenue for the quarter was down 19.4% on a year-over-year basis. Equities analysts forecast that Whirlpool Co. will post 9.52 EPS for the current year.

Whirlpool Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 15th. Shareholders of record on Friday, May 16th will be given a dividend of $1.75 per share. This represents a $7.00 dividend on an annualized basis and a yield of 8.99%. The ex-dividend date is Friday, May 16th. Whirlpool's payout ratio is currently 5,000.00%.

Analyst Ratings Changes

WHR has been the subject of several recent analyst reports. The Goldman Sachs Group boosted their price objective on Whirlpool from $125.00 to $138.00 and gave the stock a "buy" rating in a report on Tuesday, January 14th. JPMorgan Chase & Co. cut their price target on shares of Whirlpool from $109.00 to $89.00 and set a "neutral" rating for the company in a research note on Monday, April 28th. Finally, StockNews.com cut shares of Whirlpool from a "hold" rating to a "sell" rating in a research report on Friday, April 25th. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $101.00.

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.