Whirlpool Co. (NYSE:WHR) Shares Sold by IPG Investment Advisors LLC

IPG Investment Advisors LLC decreased its holdings in shares of Whirlpool Co. (NYSE:WHR) by 17.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 44,840 shares of the company’s stock after selling 9,300 shares during the quarter. Whirlpool comprises about 1.2% of IPG Investment Advisors LLC’s investment portfolio, making the stock its 24th biggest position. IPG Investment Advisors LLC owned about 0.08% of Whirlpool worth $5,133,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in WHR. Brown Lisle Cummings Inc. purchased a new stake in Whirlpool in the 4th quarter valued at about $27,000. SBI Securities Co. Ltd. purchased a new stake in Whirlpool in the fourth quarter valued at approximately $30,000. GAMMA Investing LLC increased its position in Whirlpool by 323.1% during the fourth quarter. GAMMA Investing LLC now owns 275 shares of the company’s stock worth $31,000 after purchasing an additional 210 shares during the last quarter. Bogart Wealth LLC boosted its holdings in shares of Whirlpool by 113.6% in the 4th quarter. Bogart Wealth LLC now owns 282 shares of the company’s stock valued at $32,000 after purchasing an additional 150 shares during the last quarter. Finally, Legend Financial Advisors Inc. purchased a new stake in shares of Whirlpool during the 4th quarter valued at $34,000. Hedge funds and other institutional investors own 90.78% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. The Goldman Sachs Group increased their target price 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 Whirlpool from a “sell” rating to a “hold” rating in a report on Tuesday, January 21st. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $106.00.

Whirlpool Price Performance

Shares of NYSE WHR opened at $89.58 on Friday. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.72 and a quick ratio of 0.44. Whirlpool Co. has a 1-year low of $84.18 and a 1-year high of $135.49. The company has a market capitalization of $4.96 billion, a price-to-earnings ratio of -15.29 and a beta of 1.44. The business has a 50-day moving average of $103.65 and a 200-day moving average of $108.05.

Whirlpool (NYSE:WHR) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $4.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.26 by $0.31. Whirlpool had a negative net margin of 1.95% and a positive return on equity of 21.89%. During the same period in the prior year, the business earned $3.85 earnings per share. On average, equities analysts anticipate that Whirlpool Co. will post 9.52 EPS for the current fiscal year.

Whirlpool Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Saturday, March 15th. Stockholders of record on Friday, February 28th were given a dividend of $1.75 per share. This represents a $7.00 dividend on an annualized basis and a dividend yield of 7.81%. The ex-dividend date of this dividend was Friday, February 28th. Whirlpool’s payout ratio is -119.45%.

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.