Mutual Advisors LLC Decreases Stock Position in Whirlpool Co. (NYSE:WHR)

Mutual Advisors LLC lessened its position in shares of Whirlpool Co. (NYSE:WHR) by 0.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,283 shares of the company’s stock after selling 84 shares during the period. Mutual Advisors LLC’s holdings in Whirlpool were worth $1,177,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Westside Investment Management Inc. lifted its stake in shares of Whirlpool by 4.5% in the 3rd quarter. Westside Investment Management Inc. now owns 2,345 shares of the company’s stock worth $251,000 after acquiring an additional 100 shares during the period. Advisory Alpha LLC boosted its stake in shares of Whirlpool by 4.8% during the 4th quarter. Advisory Alpha LLC now owns 2,215 shares of the company’s stock worth $254,000 after acquiring an additional 102 shares in the last quarter. Courier Capital LLC grew its holdings in Whirlpool by 0.4% in the fourth quarter. Courier Capital LLC now owns 26,354 shares of the company’s stock valued at $3,017,000 after purchasing an additional 107 shares during the last quarter. UMB Bank n.a. grew its stake in Whirlpool by 56.4% in the 4th quarter. UMB Bank n.a. now owns 319 shares of the company’s stock valued at $37,000 after acquiring an additional 115 shares during the last quarter. Finally, Rockland Trust Co. increased its stake in shares of Whirlpool by 1.4% during the 4th quarter. Rockland Trust Co. now owns 8,311 shares of the company’s stock worth $951,000 after purchasing an additional 118 shares in the last quarter. Institutional investors and hedge funds own 90.78% of the company’s stock.

Whirlpool Trading Down 0.5 %

NYSE WHR opened at $132.20 on Friday. The company’s fifty day simple moving average is $117.96 and its 200-day simple moving average is $107.89. The stock has a market cap of $7.29 billion, a P/E ratio of 13.04 and a beta of 1.44. Whirlpool Co. has a 52 week low of $84.18 and a 52 week high of $134.54. The company has a current ratio of 0.94, a quick ratio of 0.55 and a debt-to-equity ratio of 1.94.

Whirlpool (NYSE:WHR) last posted its quarterly earnings data on Wednesday, October 23rd. The company reported $3.43 earnings per share for the quarter, beating analysts’ consensus estimates of $2.99 by $0.44. Whirlpool had a net margin of 3.19% and a return on equity of 21.41%. The company had revenue of $3.99 billion during the quarter, compared to analysts’ expectations of $4.09 billion. During the same period in the prior year, the company posted $5.45 EPS. The firm’s revenue for the quarter was down 18.9% on a year-over-year basis. Equities research analysts predict that Whirlpool Co. will post 12.31 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently commented on WHR. The Goldman Sachs Group lifted their price objective on Whirlpool from $125.00 to $138.00 and gave the stock a “buy” rating in a research report on Tuesday, January 14th. StockNews.com upgraded shares of Whirlpool from a “sell” rating to a “hold” rating in a report on Tuesday, January 21st. Bank of America upped their price objective on Whirlpool from $101.00 to $103.00 and gave the stock an “underperform” rating in a report on Friday, October 25th. JPMorgan Chase & Co. lifted their price objective on Whirlpool from $103.00 to $109.00 and gave the company a “neutral” rating in a research note on Tuesday, October 29th. Finally, Royal Bank of Canada decreased their price objective on shares of Whirlpool from $76.00 to $74.00 and set an “underperform” rating for the company in a research note on Friday, October 25th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $112.80.

Insider Activity at Whirlpool

In other Whirlpool news, CFO James W. Peters sold 6,000 shares of the company’s stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $104.48, for a total value of $626,880.00. Following the transaction, the chief financial officer now directly owns 41,570 shares of the company’s stock, valued at $4,343,233.60. This represents a 12.61 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 2.05% of the stock is currently owned by company insiders.

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.