Stifel Financial Corp Sells 14,337 Shares of Whirlpool Co. (NYSE:WHR)

Stifel Financial Corp cut its stake in Whirlpool Co. (NYSE:WHR - Free Report) by 3.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 425,838 shares of the company's stock after selling 14,337 shares during the period. Stifel Financial Corp owned approximately 0.77% of Whirlpool worth $48,750,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. FMR LLC raised its holdings in shares of Whirlpool by 57.3% in the 4th quarter. FMR LLC now owns 1,808,744 shares of the company's stock worth $207,065,000 after purchasing an additional 659,014 shares in the last quarter. Norges Bank acquired a new stake in shares of Whirlpool during the fourth quarter valued at approximately $73,468,000. Raymond James Financial Inc. purchased a new position in Whirlpool during the 4th quarter worth approximately $34,719,000. Dimensional Fund Advisors LP boosted its position in shares of Whirlpool by 19.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,373,215 shares of the company's stock worth $157,205,000 after buying an additional 224,990 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in shares of Whirlpool by 54.0% during the fourth quarter. Bank of New York Mellon Corp now owns 636,937 shares of the company's stock valued at $72,917,000 after buying an additional 223,232 shares in the last quarter. Institutional investors and hedge funds own 90.78% of the company's stock.

Whirlpool Stock Down 0.0 %

NYSE:WHR traded down $0.01 during trading hours on Tuesday, reaching $77.05. The company's stock had a trading volume of 412,932 shares, compared to its average volume of 1,048,467. 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 $4.27 billion, a price-to-earnings ratio of -13.12 and a beta of 1.31. Whirlpool Co. has a one year low of $75.03 and a one year high of $135.49. The business's 50-day moving average is $89.25 and its 200-day moving average is $104.61.

Whirlpool (NYSE:WHR - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The company reported $1.70 EPS for the quarter, topping analysts' consensus estimates of $1.67 by $0.03. The company had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.67 billion. Whirlpool had a positive return on equity of 21.89% and a negative net margin of 1.95%. The company's quarterly revenue was down 19.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.78 earnings per share. Equities research analysts predict that Whirlpool Co. will post 9.52 EPS for the current year.

Whirlpool Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Sunday, June 15th. Investors of record on Friday, May 16th will be paid a $1.75 dividend. The ex-dividend date is Friday, May 16th. This represents a $7.00 dividend on an annualized basis and a yield of 9.09%. Whirlpool's payout ratio is currently 5,000.00%.

Analysts Set New Price Targets

Several analysts recently commented on WHR shares. StockNews.com cut shares of Whirlpool from a "hold" rating to a "sell" rating in a report on Friday. JPMorgan Chase & Co. lowered their price target on shares of Whirlpool from $109.00 to $89.00 and set a "neutral" rating on the stock in a report on Monday. Finally, The Goldman Sachs Group lifted their price objective on Whirlpool from $125.00 to $138.00 and gave the company a "buy" rating in a research report on Tuesday, January 14th. Three investment analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $101.00.

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.