Seven Six Capital Management LLC Takes $3.76 Million Position in Whirlpool Co. (NYSE:WHR)

Seven Six Capital Management LLC acquired a new position in Whirlpool Co. (NYSE:WHR - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 32,850 shares of the company's stock, valued at approximately $3,761,000. Whirlpool makes up about 3.3% of Seven Six Capital Management LLC's holdings, making the stock its 12th largest holding. Seven Six Capital Management LLC owned about 0.06% of Whirlpool as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in WHR. Vanguard Group Inc. boosted its holdings in Whirlpool by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 5,536,118 shares of the company's stock worth $633,775,000 after acquiring an additional 33,326 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Whirlpool by 4.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,118,013 shares of the company's stock worth $242,470,000 after acquiring an additional 98,444 shares in the last quarter. FMR LLC boosted its holdings in Whirlpool by 57.3% in the fourth quarter. FMR LLC now owns 1,808,744 shares of the company's stock worth $207,065,000 after acquiring an additional 659,014 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Whirlpool by 19.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,373,215 shares of the company's stock worth $157,205,000 after purchasing an additional 224,990 shares during the period. Finally, Nuveen Asset Management LLC lifted its holdings in shares of Whirlpool by 19.8% during the fourth quarter. Nuveen Asset Management LLC now owns 1,208,741 shares of the company's stock worth $138,377,000 after purchasing an additional 199,663 shares during the period. Institutional investors own 90.78% of the company's stock.

Wall Street Analysts Forecast Growth

WHR has been the subject of a number of research reports. StockNews.com downgraded Whirlpool from a "hold" rating to a "sell" rating in a report on Friday, April 25th. JPMorgan Chase & Co. decreased their target price on Whirlpool from $109.00 to $89.00 and set a "neutral" rating for the company in a report on Monday, April 28th. Three 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. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $101.00.

Whirlpool Stock Performance

WHR stock traded down $0.17 during trading on Tuesday, hitting $82.03. 865,768 shares of the company traded hands, compared to its average volume of 1,045,807. The stock's 50-day simple moving average is $83.72 and its 200 day simple moving average is $102.06. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.72 and a quick ratio of 0.44. The company has a market cap of $4.56 billion, a PE ratio of -14.00 and a beta of 1.20. Whirlpool Co. has a 1 year low of $73.72 and a 1 year high of $135.49.

Whirlpool (NYSE:WHR - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The company reported $1.70 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.03. The company had revenue of $3.62 billion during the quarter, compared to analysts' expectations of $3.67 billion. Whirlpool had a positive return on equity of 21.89% and a negative net margin of 1.95%. Whirlpool's quarterly revenue was down 19.4% on a year-over-year basis. During the same period last year, the business earned $1.78 earnings per share. On average, equities analysts expect that Whirlpool Co. will post 9.52 earnings per share for the current fiscal year.

Whirlpool Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, June 15th. Stockholders of record on Friday, May 16th will be given a $1.75 dividend. This represents a $7.00 dividend on an annualized basis and a dividend yield of 8.53%. The ex-dividend date is Friday, May 16th. Whirlpool's dividend payout ratio (DPR) is presently 5,000.00%.

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.