Asset Management One Co. Ltd. Sells 20,284 Shares of Whirlpool Co. (NYSE:WHR)

Asset Management One Co. Ltd. lowered its holdings in Whirlpool Co. (NYSE:WHR - Free Report) by 97.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 532 shares of the company's stock after selling 20,284 shares during the period. Asset Management One Co. Ltd.'s holdings in Whirlpool were worth $65,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of WHR. Acadian Asset Management LLC raised its position in shares of Whirlpool by 14.7% in the first quarter. Acadian Asset Management LLC now owns 3,228 shares of the company's stock valued at $557,000 after purchasing an additional 414 shares during the period. MetLife Investment Management LLC raised its position in shares of Whirlpool by 19.4% in the first quarter. MetLife Investment Management LLC now owns 16,019 shares of the company's stock valued at $2,768,000 after purchasing an additional 2,599 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in Whirlpool by 3.5% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 7,894 shares of the company's stock valued at $1,364,000 after acquiring an additional 270 shares in the last quarter. Yousif Capital Management LLC grew its stake in Whirlpool by 2.4% during the first quarter. Yousif Capital Management LLC now owns 11,256 shares of the company's stock valued at $1,945,000 after acquiring an additional 260 shares in the last quarter. Finally, Cibc World Market Inc. grew its stake in Whirlpool by 13.4% during the first quarter. Cibc World Market Inc. now owns 3,677 shares of the company's stock valued at $635,000 after acquiring an additional 435 shares in the last quarter. Institutional investors own 90.78% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently commented on WHR. JPMorgan Chase & Co. reduced their price objective on shares of Whirlpool from $120.00 to $111.00 and set a "neutral" rating for the company in a research note on Friday, February 2nd. TheStreet raised shares of Whirlpool from a "d+" rating to a "c+" rating in a research note on Monday, January 29th. StockNews.com raised shares of Whirlpool from a "hold" rating to a "buy" rating in a research note on Tuesday, February 27th. Loop Capital assumed coverage on shares of Whirlpool in a research note on Thursday, February 22nd. They issued a "buy" rating and a $140.00 price target for the company. Finally, Royal Bank of Canada cut their price target on shares of Whirlpool from $92.00 to $85.00 and set an "underperform" rating for the company in a research note on Wednesday, January 31st. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, Whirlpool currently has an average rating of "Hold" and a consensus target price of $114.60.

Whirlpool Trading Down 1.4 %

Shares of Whirlpool stock traded down $1.55 during trading on Monday, reaching $106.51. The company's stock had a trading volume of 1,001,303 shares, compared to its average volume of 1,305,392. Whirlpool Co. has a 52-week low of $98.40 and a 52-week high of $160.62. The company has a market cap of $5.82 billion, a price-to-earnings ratio of 12.23 and a beta of 1.48. The firm's 50-day moving average is $110.33 and its two-hundred day moving average is $114.19. The company has a quick ratio of 0.57, a current ratio of 0.89 and a debt-to-equity ratio of 2.53.

Whirlpool (NYSE:WHR - Get Free Report) last announced its quarterly earnings data on Tuesday, January 30th. The company reported $3.85 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.53 by $0.32. Whirlpool had a net margin of 2.47% and a return on equity of 38.67%. The company had revenue of $5.09 billion during the quarter, compared to analysts' expectations of $4.98 billion. During the same quarter in the prior year, the company earned $3.89 EPS. The firm's revenue was up 3.4% on a year-over-year basis. On average, sell-side analysts anticipate that Whirlpool Co. will post 13.64 earnings per share for the current year.

Whirlpool Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, June 15th. Stockholders of record on Friday, May 17th will be paid a $1.75 dividend. This represents a $7.00 dividend on an annualized basis and a dividend yield of 6.57%. Whirlpool's dividend payout ratio (DPR) is 80.37%.

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.