Whirlpool Co. (NYSE:WHR) Stock Holdings Lessened by Dakota Wealth Management

Dakota Wealth Management cut its stake in shares of Whirlpool Co. (NYSE:WHR) by 7.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,811 shares of the company’s stock after selling 584 shares during the quarter. Dakota Wealth Management’s holdings in Whirlpool were worth $780,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of WHR. Atomi Financial Group Inc. acquired a new stake in Whirlpool during the 4th quarter worth about $229,000. UMB Bank n.a. raised its holdings in shares of Whirlpool by 56.4% during the fourth 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 period. Diversify Advisory Services LLC purchased a new stake in shares of Whirlpool in the 4th quarter valued at approximately $231,000. Arkadios Wealth Advisors acquired a new position in Whirlpool in the 4th quarter worth approximately $1,970,000. Finally, Brave Asset Management Inc. purchased a new position in Whirlpool during the 4th quarter worth approximately $200,000. 90.78% of the stock is currently owned by institutional investors and hedge funds.

Whirlpool Trading Down 0.5 %

NYSE:WHR opened at $132.20 on Friday. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.55 and a current ratio of 0.94. The company has a market capitalization of $7.29 billion, a P/E ratio of 13.04 and a beta of 1.44. The stock’s 50 day moving average price is $117.96 and its 200 day moving average price is $107.84. Whirlpool Co. has a 52 week low of $84.18 and a 52 week high of $134.54.

Whirlpool (NYSE:WHR) last released its quarterly earnings results 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. The business had revenue of $3.99 billion for the quarter, compared to the consensus estimate of $4.09 billion. Whirlpool had a net margin of 3.19% and a return on equity of 21.41%. Whirlpool’s revenue for the quarter was down 18.9% on a year-over-year basis. During the same quarter last year, the firm earned $5.45 EPS. On average, research analysts forecast that Whirlpool Co. will post 12.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Bank of America raised their target price on Whirlpool from $101.00 to $103.00 and gave the stock an “underperform” rating in a research report on Friday, October 25th. StockNews.com upgraded Whirlpool from a “sell” rating to a “hold” rating in a research report on Tuesday. The Goldman Sachs Group increased their price target on shares of Whirlpool from $125.00 to $138.00 and gave the stock a “buy” rating in a research report on Tuesday, January 14th. Royal Bank of Canada lowered their price objective on shares of Whirlpool from $76.00 to $74.00 and set an “underperform” rating on the stock in a research report on Friday, October 25th. Finally, JPMorgan Chase & Co. increased their target price on shares of Whirlpool from $103.00 to $109.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 29th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $112.80.

Insiders Place Their Bets

In other news, CFO James W. Peters sold 6,000 shares of Whirlpool stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $104.48, for a total value of $626,880.00. Following the transaction, the chief financial officer now owns 41,570 shares of the company’s stock, valued at $4,343,233.60. This trade represents a 12.61 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 2.05% of the company’s stock.

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.