Kestra Private Wealth Services LLC Lowers Stake in Whirlpool Co. (NYSE:WHR)

Kestra Private Wealth Services LLC decreased its holdings in Whirlpool Co. (NYSE:WHR) by 1.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,914 shares of the company’s stock after selling 189 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Whirlpool were worth $1,593,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently added to or reduced their stakes in WHR. Westside Investment Management Inc. boosted its holdings in Whirlpool by 4.5% in the third quarter. Westside Investment Management Inc. now owns 2,345 shares of the company’s stock valued at $251,000 after purchasing an additional 100 shares during the last quarter. Advisory Alpha LLC increased its holdings in 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 purchasing an additional 102 shares during the last quarter. Courier Capital LLC boosted its stake in shares of Whirlpool by 0.4% during the 4th quarter. Courier Capital LLC now owns 26,354 shares of the company’s stock valued at $3,017,000 after buying an additional 107 shares during the last quarter. UMB Bank n.a. increased its stake in shares of Whirlpool by 56.4% in the fourth quarter. UMB Bank n.a. now owns 319 shares of the company’s stock worth $37,000 after buying an additional 115 shares during the last quarter. Finally, Rockland Trust Co. raised its holdings in Whirlpool by 1.4% in the fourth quarter. Rockland Trust Co. now owns 8,311 shares of the company’s stock valued at $951,000 after acquiring an additional 118 shares in the last quarter. 90.78% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Whirlpool Stock Down 1.2 %

Shares of NYSE WHR opened at $98.34 on Thursday. Whirlpool Co. has a 52-week low of $84.18 and a 52-week high of $135.49. The stock has a market cap of $5.42 billion, a P/E ratio of -16.78 and a beta of 1.43. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.44 and a current ratio of 0.72. The firm has a 50 day moving average price of $117.46 and a 200 day moving average price of $108.24.

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 positive return on equity of 21.89% and a negative net margin of 1.95%. During the same period last year, the firm posted $3.85 earnings per share. Analysts expect that Whirlpool Co. will post 9.51 EPS for the current year.

About Whirlpool

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.