Whirlpool Co. (NYSE:WHR) Shares Acquired by San Luis Wealth Advisors LLC

San Luis Wealth Advisors LLC raised its position in shares of Whirlpool Co. (NYSE:WHR) by 7.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,075 shares of the company’s stock after acquiring an additional 510 shares during the period. San Luis Wealth Advisors LLC’s holdings in Whirlpool were worth $810,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in WHR. Dimensional Fund Advisors LP grew its stake in Whirlpool by 46.8% during the second quarter. Dimensional Fund Advisors LP now owns 981,472 shares of the company’s stock worth $100,304,000 after buying an additional 312,729 shares during the period. RWWM Inc. purchased a new position in Whirlpool in the second quarter valued at about $30,174,000. Newport Trust Company LLC raised its holdings in shares of Whirlpool by 23.8% during the 2nd quarter. Newport Trust Company LLC now owns 1,402,941 shares of the company’s stock valued at $143,381,000 after buying an additional 269,976 shares during the period. AQR Capital Management LLC raised its stake in shares of Whirlpool by 240.9% during the second quarter. AQR Capital Management LLC now owns 375,613 shares of the company’s stock valued at $38,125,000 after purchasing an additional 265,418 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Whirlpool by 14.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,019,569 shares of the company’s stock valued at $216,094,000 after purchasing an additional 258,871 shares during the period. 90.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

WHR has been the topic of a number of recent analyst reports. The Goldman Sachs Group boosted their price objective on shares of Whirlpool from $125.00 to $138.00 and gave the stock a “buy” rating in a report on Tuesday. JPMorgan Chase & Co. increased their price target on Whirlpool from $103.00 to $109.00 and gave the company a “neutral” rating in a report on Tuesday, October 29th. Royal Bank of Canada cut their target price on Whirlpool from $76.00 to $74.00 and set an “underperform” rating on the stock in a research report on Friday, October 25th. StockNews.com downgraded shares of Whirlpool from a “hold” rating to a “sell” rating in a research report on Monday. Finally, Bank of America lifted their price target on Whirlpool from $101.00 to $103.00 and gave the stock an “underperform” rating in a research note on Friday, October 25th. Three research analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Whirlpool has an average rating of “Hold” and an average price target of $112.80.

Whirlpool Price Performance

Shares of WHR opened at $126.24 on Wednesday. The company has a debt-to-equity ratio of 1.94, a current ratio of 0.94 and a quick ratio of 0.55. The company has a market cap of $6.96 billion, a P/E ratio of 12.45 and a beta of 1.44. Whirlpool Co. has a 12 month low of $84.18 and a 12 month high of $127.69. The stock has a fifty day moving average price of $114.83 and a 200 day moving average price of $106.27.

Whirlpool (NYSE:WHR) last released its quarterly earnings results on Wednesday, October 23rd. The company reported $3.43 EPS for the quarter, topping the consensus estimate of $2.99 by $0.44. The business had revenue of $3.99 billion during the quarter, compared to analyst estimates of $4.09 billion. Whirlpool had a net margin of 3.19% and a return on equity of 21.41%. The company’s quarterly revenue was down 18.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $5.45 earnings per share. On average, research analysts forecast that Whirlpool Co. will post 12.27 earnings per share for the current year.

Insider Activity

In related news, CFO James W. Peters sold 6,000 shares of the firm’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 sale, the chief financial officer now directly owns 41,570 shares in the company, valued at $4,343,233.60. This trade represents a 12.61 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 2.05% of the company’s stock.

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.