Zurcher Kantonalbank Zurich Cantonalbank Has $2.13 Million Stock Holdings in Whirlpool Co. (NYSE:WHR)

Zurcher Kantonalbank Zurich Cantonalbank trimmed its stake in shares of Whirlpool Co. (NYSE:WHR - Free Report) by 47.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,448 shares of the company's stock after selling 15,724 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank's holdings in Whirlpool were worth $2,125,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in WHR. Harvest Investment Advisors LLC grew its stake in shares of Whirlpool by 1.1% in the 3rd quarter. Harvest Investment Advisors LLC now owns 8,963 shares of the company's stock worth $1,198,000 after purchasing an additional 98 shares during the last quarter. Verdence Capital Advisors LLC grew its stake in shares of Whirlpool by 4.8% in the 3rd quarter. Verdence Capital Advisors LLC now owns 2,388 shares of the company's stock worth $319,000 after purchasing an additional 110 shares during the last quarter. Edmp Inc. grew its stake in shares of Whirlpool by 1.1% in the 3rd quarter. Edmp Inc. now owns 10,231 shares of the company's stock worth $1,368,000 after purchasing an additional 116 shares during the last quarter. Savant Capital LLC grew its stake in shares of Whirlpool by 3.6% in the 3rd quarter. Savant Capital LLC now owns 3,336 shares of the company's stock worth $446,000 after purchasing an additional 116 shares during the last quarter. Finally, Treasurer of the State of North Carolina grew its stake in shares of Whirlpool by 0.5% in the 3rd quarter. Treasurer of the State of North Carolina now owns 23,496 shares of the company's stock worth $3,141,000 after purchasing an additional 120 shares during the last quarter. 90.78% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

Whirlpool Stock Up 0.2 %

WHR traded up $0.26 on Wednesday, reaching $105.65. 1,701,258 shares of the company traded hands, compared to its average volume of 1,288,638. The stock's 50 day moving average price is $109.71 and its 200-day moving average price is $113.13. 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 $5.77 billion, a price-to-earnings ratio of 12.13 and a beta of 1.48. The company has a debt-to-equity ratio of 2.53, a current ratio of 0.89 and a quick ratio of 0.57.

Whirlpool (NYSE:WHR - Get Free Report) last announced its quarterly earnings data on Wednesday, April 24th. The company reported $1.78 EPS for the quarter, beating analysts' consensus estimates of $1.70 by $0.08. Whirlpool had a net margin of 2.47% and a return on equity of 38.67%. The firm had revenue of $4.49 billion for the quarter, compared to the consensus estimate of $4.42 billion. During the same period in the previous year, the firm posted $2.66 earnings per share. The firm's revenue was down 3.4% on a year-over-year basis. On average, sell-side analysts expect that Whirlpool Co. will post 13.64 EPS for the current fiscal year.

Whirlpool Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, June 15th. Investors of record on Friday, May 17th will be given a dividend of $1.75 per share. This represents a $7.00 dividend on an annualized basis and a yield of 6.63%. The ex-dividend date is Thursday, May 16th. Whirlpool's payout ratio is presently 80.37%.

Whirlpool 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.