Angeles Wealth Management LLC Makes New $414,000 Investment in Whirlpool Co. (NYSE:WHR)

Angeles Wealth Management LLC bought a new stake in Whirlpool Co. (NYSE:WHR) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 3,620 shares of the company’s stock, valued at approximately $414,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in WHR. WCM Investment Management LLC bought a new stake in Whirlpool during the 4th quarter worth about $452,000. Empowered Funds LLC grew its position in shares of Whirlpool by 7.5% during the 4th quarter. Empowered Funds LLC now owns 2,782 shares of the company’s stock worth $318,000 after buying an additional 193 shares during the period. Kingsview Wealth Management LLC bought a new stake in shares of Whirlpool during the fourth quarter worth approximately $267,000. Opinicus Capital Inc. lifted its holdings in Whirlpool by 10.0% in the fourth quarter. Opinicus Capital Inc. now owns 3,321 shares of the company’s stock valued at $380,000 after buying an additional 301 shares during the period. Finally, Centennial Wealth Advisory LLC boosted its stake in Whirlpool by 11.5% in the fourth quarter. Centennial Wealth Advisory LLC now owns 3,391 shares of the company’s stock valued at $388,000 after acquiring an additional 351 shares during the last quarter. Institutional investors own 90.78% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have commented on WHR shares. Bank of America upped their target price on shares of Whirlpool from $101.00 to $103.00 and gave the company an “underperform” rating in a research report on Friday, October 25th. The Goldman Sachs Group upped their price objective on Whirlpool from $125.00 to $138.00 and gave the company a “buy” rating in a report on Tuesday, January 14th. StockNews.com upgraded Whirlpool from a “sell” rating to a “hold” rating in a report on Tuesday, January 21st. JPMorgan Chase & Co. upped their price target 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 reduced their price objective on shares of Whirlpool from $76.00 to $74.00 and set an “underperform” rating on the stock in a research note on Friday, October 25th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $112.80.

Whirlpool Stock Down 1.1 %

Shares of Whirlpool stock opened at $100.68 on Tuesday. The company has a market capitalization of $5.55 billion, a P/E ratio of -17.18 and a beta of 1.43. 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 business has a 50-day moving average of $117.88 and a two-hundred day moving average of $108.24. Whirlpool Co. has a 1 year low of $84.18 and a 1 year high of $135.49.

Whirlpool (NYSE:WHR) last announced its earnings results on Wednesday, January 29th. The company reported $4.57 EPS for the quarter, topping 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 quarter in the prior year, the company posted $3.85 EPS. As a group, equities analysts predict that Whirlpool Co. will post 9.51 EPS for the current year.

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.