International Assets Investment Management LLC Has $1.38 Million Stake in Whirlpool Co. (NYSE:WHR)

International Assets Investment Management LLC lowered its stake in Whirlpool Co. (NYSE:WHR - Free Report) by 70.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 11,353 shares of the company's stock after selling 26,476 shares during the period. International Assets Investment Management LLC's holdings in Whirlpool were worth $1,382,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Envestnet Asset Management Inc. grew its position in shares of Whirlpool by 19.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 90,465 shares of the company's stock valued at $12,095,000 after buying an additional 14,851 shares during the last quarter. IFG Advisory LLC boosted its stake in Whirlpool by 5.6% during the 4th quarter. IFG Advisory LLC now owns 2,737 shares of the company's stock valued at $333,000 after purchasing an additional 146 shares during the period. Gilman Hill Asset Management LLC boosted its stake in Whirlpool by 47.0% during the 4th quarter. Gilman Hill Asset Management LLC now owns 79,926 shares of the company's stock valued at $9,733,000 after purchasing an additional 25,541 shares during the period. Deutsche Bank AG boosted its stake in Whirlpool by 4.7% during the 3rd quarter. Deutsche Bank AG now owns 428,220 shares of the company's stock valued at $57,253,000 after purchasing an additional 19,036 shares during the period. Finally, Mariner LLC boosted its stake in Whirlpool by 62.2% during the 3rd quarter. Mariner LLC now owns 8,190 shares of the company's stock valued at $1,095,000 after purchasing an additional 3,141 shares during the period. Institutional investors own 90.78% of the company's stock.

Whirlpool Trading Down 1.1 %

Shares of NYSE:WHR traded down $1.06 during mid-day trading on Wednesday, hitting $94.93. The stock had a trading volume of 1,540,258 shares, compared to its average volume of 1,354,234. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.58 and a current ratio of 0.95. The company has a market cap of $5.19 billion, a PE ratio of 13.08 and a beta of 1.52. Whirlpool Co. has a 12-month low of $91.90 and a 12-month high of $160.62. The company's 50 day moving average is $106.08 and its 200-day moving average is $110.19.

Whirlpool (NYSE:WHR - Get Free Report) last issued its quarterly earnings results on Wednesday, April 24th. The company reported $1.78 EPS for the quarter, beating the consensus estimate of $1.61 by $0.17. The business had revenue of $4.49 billion during the quarter, compared to the consensus estimate of $4.42 billion. Whirlpool had a net margin of 2.07% and a return on equity of 35.16%. The firm's quarterly revenue was down 3.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.66 EPS. On average, sell-side analysts predict that Whirlpool Co. will post 12.53 EPS for the current year.

Whirlpool Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Saturday, June 15th. Shareholders of record on Friday, May 17th will be given a $1.75 dividend. The ex-dividend date is Thursday, May 16th. This represents a $7.00 dividend on an annualized basis and a yield of 7.37%. Whirlpool's payout ratio is 96.42%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Royal Bank of Canada reduced their price target on shares of Whirlpool from $85.00 to $79.00 and set an "underperform" rating for the company in a research note on Friday, April 26th. Loop Capital assumed coverage on shares of Whirlpool in a report on Thursday, February 22nd. They issued a "buy" rating and a $140.00 price objective for the company. JPMorgan Chase & Co. decreased their price objective on shares of Whirlpool from $120.00 to $111.00 and set a "neutral" rating for the company in a report on Friday, February 2nd. StockNews.com cut shares of Whirlpool from a "buy" rating to a "hold" rating in a report on Friday, April 26th. Finally, TheStreet upgraded shares of Whirlpool from a "d+" rating to a "c+" rating in a report on Monday, January 29th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $113.40.

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.